Sino Agro Food Inc (fka SIAF)

[hugeholstein]

The promise to retire shares was started on a conference call when someone questioned how the dilution would work. This was when dilution first started and a press release before the call described it somewhat confusing. I remember the name of the actual company that was getting the shares was in the press release. I'm thinking fall 2011?

I don't know if conference calls from that long ago are still available but as I recall the shares that were to be removed weren't his super voting rights shares but the b shares. He did retire about 2 million of them if I recall correctly. Then he kept on diluting and never retired any more of them. They should all be retired by now of course if he was to do what he said on the call.