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Its really foolish to sell shares now when this week only have started. We are on + and i guess it means that it is some positive news soon for all of us not only some of the biggest shareholders that have been on the meeting today.
Nice block by PERT
if there will be 20 million more shares, and they promise it is the last. Then gives out 8 cents in dividends distributed next year and says that we should be listed on First North in January. Don't you think the stock price will go up anyway and that judgment 20,000,000 shares will be sold very quickly?
I think that it is a lot of investors that only w8 for the dilution to stop but if we had a max shares at 150M and a promise,
that would makes them start buying a lot?
And if they diluted 20 millions of shares to a bank or institute it would seems that we could go on and listed to First north? But they can not dilute more after the listing.
Even if the bank or institution are selling shares meantime?
you are right i have been mixed up the internal and external money, just too tired to think about numbers now.
I blame the hangover and it's late.
I think they have between 1.3-2,1 million shares remaining to dilute. But they certainly lay low with the dilution now coming week until the board know how it looks with the bond and all.
They will buy shares or bonds depending on how the bond goes.
But if we need 11 million dollar now and we are reaching 130 million shares and maybe have 4-6 million dollar in the bond if we are lucky, how do you think they will do?
bring in a partner in a short time, i think that will be hard, sell any asset as well. I hope for any kind of loan of $ 6 million in that case, or to solomon slows down a/any project if it is possible
If we are going for 150 M shares this share price will drop to 0.30 or lower, and i know that Nisse and yap knows that.
And i really don't think Solomon will do that at any cost.
Maybe we will hear something about the dividends soon? Before Q3 is now :)
I meant that because they have the money for payments in the form of money now, and that it has gone from 26 million to 16 million since it has gone better than expected during March to June and in July 13 million. In August and September, we might have additional positive results that help and that they can expect it to continue at the same rate and may not need 13 million now, but maybe 6 million. + the 3 millions that they got from the dilution.
I don't know but they reduced the 16 M to 13 M in one month?
Yes, and we must remember that in March as they needed $ 26 million extra and now 13 million extra.
And they have money in cash as well..
Its going to be fun to listen at Solomon on tuesday, i hope :)
+ the 7.5 million shares they sold or are about to sell.
Around 3 million dollar.
FN listing is not to far away now, anyway.
From jordanfonden, copy past from google translate
8 JF- only presentations in September [ 2013-09-12 00:47 ]
JF- members.
Congratulations to all 8 (eight) Baking presentations in total JF- house in September of companies that are either just come to the market or to be there or aspire to be noted in Sweden . Catering is included.
All the classics are included as Nexam - Cassandra - Vigmed - SIAF - Petro America + companies that now bore through the wall to start the FIRST NORTH and other listings. As JF- member you will first offer to join in - come in the mail, so do not ask .
A stockday in September with ALL current JF- General will, too. Invitations are sent to all members. - Free admission .
First up is the 17th SIAF followed by PTA.V the 24th . SIAF crowded, PTA few places left . The other a few days later.
I have seen Pert done this before, when a buyer try to buy on PERT ask they place the ask on a higher level.
The dilution shares stands for about 15% per day of the total sales
Yes, good luck.
I bought 25k more yesterday. Couldn't resist! :)
I also believe that penser is holding back tills we are done with the bond offering and the dilution.
I think we should se some positive news quite soon.
I think it depends how much the boardmembers are investing..
But take 30% then.. Almost 5 million dollars.
The dilution gives us 3 million
Then its only 4-5 millions left, thats not much. Not when we are doing almost 90 millions a year..
If the Bond can bring 3 millions of dollars after the swedish meeting. (In total)And boardmembers are buying for 2,5 millions. That Should not be impossible..? Or what do you think?
And i forgot the dividend of 6-8 cents with preferred shares payable next year. And one cent in cash.
Anyhow, i don't think we are in this 0.34-0.36 cent area in a couple of weeks from now.
The bond expires in less than 3 weeks from now.
We should be up in 128+ millions of shares now.
It would be something to see some insider buy now.
We heard that Nisse is going to buy more..
The last shares around 1,5-2 millions, no more dilution of shares and a pm next week :)
The meeting next week should bring some new investors and bond money.
The company have some money left to spare and if the bond give us 40% of total 16M and a short term loan on 3,1-4.1 million.
Maybe solomon will lend us money..
That would do it right?
We are in the last stage here.. I don't think it is 13 million dollar we need now more like 12 or 11,5M.
I don't think that solomon dares to dilute shares more than 130m in total.
It should be around 1,5-2 millions shares left for sale now. (To the 130 000 000)
We having a meeting in sweden next week that is overbooked.
I bet he will talk to penser and maybe we will see some good news.
I think its really stupid to sell now..
Sell your shares man and invest in a more reliable company.
You will sleep better and you won't post 10 times a day that this is a fraud.
Why is that unethical?
You as a non member can also be on the meeting.. But you have to contact Nisse..
Maybe this could go faster than we think, without diluting more than 130M shares.
But in the CC Solomon didn't answer if we will see more shares than 130M so nothing is done but i don't think solomon is here only to hunt money to the bond.
Maybe penser bank could help out or if they do this in another way.
It feels good that they are working with the financial problems now, and not only just to make a profit at all costs.
Because that will not help us shareholders right now.
Regarding gustavia fonder he promised.
When we get this financial part done, in some way.
i don't think it will take long time before we are on the First north.
We need 13 M $, if solomon could stall a construction on that amount it would help us to the FN listing this year.
What could it be then?
It must be that the dilution must stop before they take it on FN.
Why should penser say that it not a good time on the summer?
You cannot dilute shares on this way when they are on first north.
And Solomon has promised that there will be an end for dilution if we get in on first north.
They will list siaf on the FN as soon as we don't have the dilution problem. That is what penser is still waiting for.
That would solve this case and bring up the share price to a decent level. And it will be no questions left for a lot of investors and Penser bank.
It should be around 4 millions shares left now for sale to hit the first authorized 130M.
If we got lucky that will be the last ones..
I don't think we will be over 1 million in volume today..
If we need 15M $
Lets say that the bond is giving us 3M
And we take another loan at 5 M
Almost 18M new shares, a private investor or if Solomon sells any assets.(but i don't think he will)
How much shares did solomon sold this last 2 days?
1M?
I think this could go faster than we think with everything and i think that the time is siafs enemy here.. Besides the dilution..
But think of it, if we get in on the first north list with 140-150 M shares in january and makes 1 dollar in eps next year with good dividends.
And at least 25% growth every year,
i think this next 6 months is going to be really good.
The Share price will not be under 1$ if they give us a pm of that the dilution have come to an end and the financials are taken care of.
We are at the final stage here..
Handlamera
Solomon can put out 15M shares at 0,39. And then we are finish. It would be sold quick if they are the last ones. And then we can have the FN listing after that. :)
Me like!
Thats why ARCA has sold so much shares now.. Board members are getting shares at low cost..
But the other times they almost stops selling shares when the share price is rising.
Feels like ARCA wants to get rid of shares, much more than before..
I wonder if they got a last day date of the dilution.
Is that an insider buy?
Can someone ask Solomon at the CC how much shares maximum it can be before he stops with the dilution,
Regardless if the bond gives us money.
If he can say that we will have a positive cash flow next year he should be able to answer how much shares there will be at most before the dilution stops
Arca have sold a lot of shares today, much more than usual.
I hope we get an end of it soon.
Nisse goes away tomorrow according to JF.
0.38 today?
I think that they are going to tell us on the conference call in that case.
But i don't think it is fully subscribed yet.
I talked to those guys on friday and it was no problem to send them money regarding the bond.
And i think that the board members will buy before they say anything about that..
And ARCA is still selling, but of course that could be previous orders.
We will see but don't have any hopes on that one..
Between which dates are the board members aloud to buy more shares?
Exactly, the market expect this numbers anyway..
Thats why the shares becomes cheeper for each months.
Things that will have effects on this stock:
when board members is buying
Good news about the bond
when we got a pm about that they stopped the dilution
FN listing
Positive cash flow
High dividends/spin-offs/ up listing on US to AMEX..
We will not get any of this info tomorrow..
Its little weird that all this company's is selling all the time and not buying..
Hello ARCA
arca was here yesterday, they shouldn't be here if the bond was fully subscribed?