Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Solomon has probably sneakily sold the "dead" live stock and kept the money for him. He has done what he wants these last two years without any kind of control ...
It is hardly credible that he will let $ 80 M die, doing nothing and having the shame of not giving up his A-shares.
With Scam Lee willing to issue 40 million shares plus the price goes straight to $ 0.01 / share.
The problem is that in Florida it is swampy water that is just dirty. While in Hong Kong it is river water that contains toxic substances from hundreds of factories.
The land is only valid for industry or apartments. I would not eat anything that is produced there.
Thanks. The other one I knew was Interactive Brokers which is problematic lately.
Tradestation looks interesting. Allows EU customers?.
What is your opinion about them?
In any case. Thank you very much for the help.
I am not interested in it for two reasons, it requires a $ 25,000 investment and is in the US. I'd rather it be in Europe.
Do you recommend any broker that allows you to buy / sell shares of SIAF after March?
An interesting point of the lawsuit.
It is that the plaintiffs have made an agreement with Solomon, they have not accused him of fraud.
Selling the mega farm is the best they can do.
If there are resources left to start a better one, better to do it in the interior of China where there are:
- Cheaper land rights.
- Lower wages.
- Higher quality waters.
Only an idiot can think of putting a fish farm next to the mouth of one of the most polluted rivers on the planet. What will be the next Solomon, livestock in Chernobyl?
Solomon probably does not survive Wuhan flu. He is very old and is a smoker ...
They will release a press release saying that there were many investors and lenders but they were all in Wuhan and all have died...
If you are very interested in the subject, you can see a good summary on this website
Web
I find it too alarmist. The Spanish flu (1918) had a 10-20% mortality and 100 million people died.
And then there was a world war and they didn't have the scientific advances and resources that exist now.
With 8000 million people the planet is screwed but by overpopulation ...
Another ruined shareholder ...
Hengren Investment
He has no money left to pay for website hosting ...
Don't forget the $ 100 party ... but for the whole company.
The company only serves as the Solomon retirement plan.
If the shares are 30 days below $ 0.10 / share, we will end up in the pink sheets.
You have considered that the company may not have assets. For Fredly, it may not be worth it to continue spending on a lawsuit against an old man without money and who will be dead before entering jail ...
What the market and the lawsuit are saying. It is that the company is probably a fraud and has no assets to pay compensation for the lawsuit...
Yep, we should start a crowfunding and hire a triad in Hong Kong...
If they continue to issue shares and the price falls below $ 0.10 / share for 30 days, it can be expelled from the OTCQX.
I am waiting for Solomon to die as soon as possible ...
I am surprised that Solomon does not have serious health problems, given his advanced age and stressful work.
A company that does not pay its debts and dilutes its shareholders. There must be a queue of investors waiting ...
The managers are distracted anyway. And since they have known that the lawsuit was closing they have increased the number of shares issued ...
Won't Solomon have health problems?
Maybe his retirement will be soon ...
More bad news ...
The lawsuit has been canceled.
"FILING ERROR - DEFICIENT DOCKET ENTRY - SIGNATURE ERROR - STIPULATION OF VOLUNTARY DISMISSAL It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is voluntarily dismissed, with prejudice against the defendant(s) Chen Bor Hann, Olivia Lai, Yap Koi Ming, Nils Erik Sandberg, Sino Agro Food, Inc., Lim Chang Soh, Lee Yip Kun Solomon, Tan Poay Teik and without costs pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure. Document filed by Arne H. Fredly, Heng Ren Investments LP, Heng Ren Silk Road Investments LLC. Proposed document to be reviewed and processed by Clerk's Office staff (No action required by chambers). .(Cilento, Michael) Modified on 12/20/2019 (dt)"
Check this
Pacermonitor
Business credits don't fail because a guy is sick.
The loan papers were eaten by my dog...
The summary of this company:
- Nothing is fulfilled.
- More shares are issued frequently.
- Shareholders do not see a penny and only lose money.
I don't think any lender accepts a debt renegotiation without Solomon leaving the company.
Lenders and shareholders are fed up with Solomon. Enough is enough.
Solomon can print all the shares he wants, the problem will be to sell them or have someone accept them as collateral.
He can cancel his A-shares. And if the company's assets are true, it will get more new investors.
But Solomon just wants more money and do what he wants.
Solomon will lose the lawsuit.
Although I don't know if the shareholders will win something in the end ...
Solomon should be negotiating with the plaintiffs. How to cancel his A-shares in exchange for a position on the Board.
If Solomon wants investors, the first thing he has to do is cancel his A-shares. The markets have sent a clear message to Solomon, "it's over to play with more money from others."
Currently 100% of Solomon's big plans were fake or have failed.
The company's financial plan.
Instead of paying off debts or a share buyback plan (and increase the EPS by 100%).
They prefer to increase the EPS per year by 10% and dilute the company by pennies.
All common sense ...
Your letter doesn't matter to him. Any honest CEO would be trying to reduce the number of shares to show good faith in the lawsuit. Solomon does not.