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Where does it say that?Just that they are updating on a regular basis.
If these numbers by NNW are new then it is great news cause they are coming directly from the company.
Has anybody asked Broadridge Financial Solutions, Inc. for an update on the O/S?If not anyone knows their e-mail?
Snow, What I know is that since the dual listing 2 years ago, we went from $10 to €1.
Needs to close at $1.18 or higher tomorrow therwise one SIAF share will be cheaper than one Euro!
Who could have imagined this was ever possible.
While waiting for the $100M loan can’t Solomon find a couple of million for an emergency buyback program?
Does he realize that it will be money well spent?
In the meantime best thing that could happen is if they get thrown out of Merkur or at least have them suspended.Hopefully without the AGM the suspension will be automatic on JAN1.Shorts will hate that.
There must be hundreds of lawsuits against listed companies daily.None of them goes dark or suspends paying dividends or buyback plans unless they need an excuse to do so.If that is the case here then at least we will know much earlier than required that common shareholders were doomed right from the start.
What is the reason the company will not pay dividends if it is sued?
And any advantages by going dark?
How do you know?Last update one and a half month ago.Last increase happened unexpectedly too, not because the price fell and they had to issue more collaterals.I would be very surprised if we are still at 28,665,573.
Every day that passes with no news about the loan is neither good nor bad.Cause I think we will get an announcement in case TRW’s loan request has been rejected.
When you have the risk of new shares to cover collaterals being issued, then it is something to be expected.Hope we don't drop much lower than $1.20.
Kind of acceptable the last time he did it then.But if he does it again now at close to $1 then what can you say.The thing is as I said,I am sure he will get any shares compensation he thinks appropriate before the TRW dividend distribution.
Did they get the shares last time based on the average price over the 6 years?Or on the shareprice at the time they did?
So there was no chance the TRW dividend distribution would happen before they get their millions of new shares!
Restricted shares on Nov7 was 530,795.
Do we know whether the company has informed Merkur that there will not be an AGM this year?Have the reasons they have provided been accepted?Or is there a risk that trading will be halted?
In case the lead bank gives the go ahead for the loan then I guess if one of the other banks backs off we will have an $80M loan and so on.Hope it is not an “all of us or none of us” case.
From their tweet yesterday you would think that there is some other news coming.They have not tweeted anything since.Don’t think a payment from SING is BIG news.I think it will be something more specifically about Bitcoin.
So it could some illness or accident or something.Just asked cause you might have some extra information about operations.
Did you speak with anybody since the NT 10-K and confirmed it was death?
Sold two thirds after the jump but doubled my position again today.Hope the news is truly BIG!
Big news coming according to their tweeter feed concerning Bitcoin.
Delays everywhere, now even waiting on the US government to vote for new legislation!
And then isn't the AGM a Merkur requirement?Can it be delayed till 2018?
At such volumes and high prices the company must be getting close to having no more convertible notes on its Balance Sheet.
RD, Interesting that last piece of information.Have you finally managed to create some connections with the company?
I only sent questions about when the loan and AGM are expected.Hopefully we finally get some clarification about that announcement for the buybacks/dividends that was posted only on the OTC site.Hope a question about that has been sent in and will be answered.
Yes you are right it doesn’t say.But I should think it might be 15% max so again the negative effect is close to zero.
It was already close to 0% the tariff.What’s 10% what’s 5%?Basically no change IMO.
Don’t know what is the situation with that, but it would be equally worrying if Dan had only 156,000 shares in SIAF interest, never adding a single one with the price close now to $1.
In case they cannot get the loan, they could use those assets to get money.XIN is raising $300M that way.
Perhaps as with KCSA, Solomon doesn’t have the right people helping him to raise cash either.
https://finance.yahoo.com/news/xinyuan-real-estate-co-ltd-130000673.html
Is it possible that in case we don’t get details about the AGM by Friday, that Peter will not ask a question about it at the CC?It is pretty obvious I guess that Solomon picks the questions that can be asked.
Question for CC:When is TRW expected to learn what happened with their $100M loan request?Is there going to be a PR in case they learn that it has been rejected?
I guess when you are so specific about such a thing,he is obviously wondering if you have information from somewhere.
Don't think he would mind to respond if you had said 'this week'.
Last I checked I think Bob had about 10M shares, that is $3,000 in total worth of stock.
Anyone knows how many he currently owns?
USTC up from 2c to 18c since the LOI with SWRM.The bitcoin craze is in full swing.
That is quite a shock to be honest.What is this "If and when" out of the blue when everything was almost ready for just signatures?
And then it is December you issue a press release and you still don't mention anything about the AGM.
It is ok if it in order to get rid of those convertible notes.We have always known that they were a big problem and the main reason for keeping the stock below 0.01 for so long.
They say CFO had family emergency and will not be available before 6th Dec.
They will be filing by the 16th.(My god they are so careless and so lazy to check for any obvious printing errors.
They say 12/106/17!!!!)
Annual Report to be filed Late.
http://www.otcmarkets.com/stock/RJDG/filings
The good thing is that Ron has much more interest in having RJDG succeeding than in SWRM.He has I think
just 10,000,000 shares there and well over 100,000,000 here.
Perhaps he may even be regretting why he didn’t merge the two companies before the SING announcement.
Any comments about the last 2 days?