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SIAF is trending in Finland now...
https://trends.google.com/trends/explore?cat=12&date=today%203-m&q=Sino%20Agro%20Food
He got the memo that the Chinese is still eating fish regardless of the investor sentiment on iHub.
You got the answer in the email response you posted.
What you posted is part of an answer to a very lengthy email correspondence regarding the missmatch in the OTC sharecount. How did you get hold of that email?
I have not discussed the OTC sharecount anymore with the company after that response, I felt that my job was done after him expressing that they are trying to solve the collateral share issue. Even tough he claims that assuming that share price is going down because collateral shares is being sold in to the market is depressing the share price is "short sighted", it's rather people like me and short sellers who belive that the collateral shares is being sold in to the market that is the problem.
Here is one more part of that email that you did not post.
Yes, I told them not to post the analysis because it would not be received well. Blaming the low SP on low volume and shorters when acknowledging that the collateral share are being sold is just not a very good idea. Low volume and shorters is definitely a contributing factor, but it would not be a problem if the collateral shares was not sold in the first place.
“People bought this stock for the MegaFarm” I think most people invested here before the Mega Farm was even considered
“Because the PPS will not hit $9.9 before maturity, or do you think Solomon has a deal with ECAB about paying down the loan?”
I think both parties want to get out of this deal.
The convertible shares is not accounted for in the OS and should not be accounted for either. It’s very unlikely that convertible shares will be converted to shares.
Don’t care so much about those numbers. Who ever is filling out the form don’t always have to latest updated OS.
Avanza reported 2,778,385 shares last year and 3,456,006 this year.
Garret has told us that all shares in Rochdale names is his, therefor Rochdale has not sold any shares, he just transferred them to his name.
The first time he filed, he filed 5% ownership in his name and another 5% in Rochdale name. He did this most likely to avoid to become a 10%+ owner. But with a total 17% ownership, it's kind of hard to get by as not being a 10%+ owner.
No it only shows that Garret has transferred almost all shares to his private account.
I have listened to these ridicules threats week after week for 8 freaking years. Don’t try to insinuate to others investors that you have a strong case and will actually file a lawsuit, if you had a case you would have been done with it long time ago.
You know that your case will be dismissed quite quickly and leave your guard completely open for a counter lawsuit against every single misleading word you have written on this board, that is why you are not pressing charges and never will.
Move on already!
It’s the Weerstandsbeweging movement investing.
In Garret’s filing it is included 320k shares that has not been issued yet. If you add those shares to the current outstanding shares, the OS Garret used is pretty much spot on.
Merkur is still not a regulated market, they don’t care.
Which one of them are you thinking about?
They have pretty much done it in the past with sleepy cod with out calling it cooperation. It was successful then and its quit important to to have these agreements in order to increase productivity and margins.
That’s what Solomon was talking about not too long ago. A fish-farmer cooperation alà SJAP.
Not just free, it’s Absolutly free
I know that they have been in contact with many institutions and that many is interested in investing in SIAF, but they all want to see progress in certain areas like a loan announcement or a dividend date. At som repoint it’s probably better to lay low with pushing investors not to burn bridges and wait until these triggers are certain.
I know that everyone is disappointed in anyone involved with SIAF and thinks that they have done a bad job, but it’s most of the times only related to the share price situation.
In my opinion, the main reason why we are trading down here is lack of progress, that’s it. If SIAF just had been better in delivering results, not even collateral shares would have been a problem, everyone else surrounding the company would be off the hook too.
If you are about to attract new institutional investors, what would your approach and timing be?
Would you try to attract them while SIAF is in a shitstorm or would you wait until the company delivers?
Which of the two approaches above do you think would be the most successful approach?
And change in number of shares on Merkur?
Would that indicate something?
They have sold business in the past.
None of us expected China to open the borders for beef at the time SIAF laid out the plans for SJAP. Not that SJAP is doing good, but it's not a zero dollar business.
And I would like to remind everyone that SIAF has sold businesses in the past without a warning to the market, so anything can happen.
I agree that they should have sold assets long time ago, but I don’t think that they expected that financing would take so much time. And the sad part is that all the none aquaculture assets is worth much less today then it did one or two years ago.
All these things are still dependent on financing, you should know that by now.
Can you guys get a reality check please. There is no money for cash dividends until they have financing in place. Not even a "lousy" $2,5m or whatever you are asking for. When the financing is in place and CA is making money again, you will everything you wish for.
Mature Seeds are not booked as inventory for whatever reason, it’s booked as plant and equipment. Immature seeds are booked as inventory. Don’t ask me why it’s like this, but it is.
It's an update of the NAR1 filing.
The differences I can see is that Cosmos has signed one page where Solomon signed last time and the adress of Sino Agro Food is corrected in one location. So nothing exciting ...
Wonder what that amendment was about... same thing happened with the owner structure filing, popped up and disappeared the day after and came back 1-2 weeks later. I’m kind of hoping it is related to the loan and that it will show up again soon.
If you look back in the filings you will see the ECAB never payed the full loans as agreed. But SIAF has payed back a big portion of the loan... so who did breach a which contract?