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Only lawyers will benefit from this lawsuit.
I guess the market will discover the company anytime now.
They are as I understand it already treating cancer in pancreas!
Check out the company that they work together with curing cancer.
Clinical Laserthermia in Sweden.
http://clinicallaser.com/?enter
I think, and hope, that we will have the reason for this corp action explained soon.
I guess we will see additional information about all this before anything happens.
Lots of speculations here today.
Remember that this is a company making good money, with a lot of assets.
10, 20 or 40 millions in fresh money will make it even better.
Agree, no idea to be angry about that “he did not do as I said”!
Maybe a way forward.
Still a profitable company.
I am still happy if 40.000.000 usd is raised!
You can argue about details as long as you live, but if Solomon pulls this one off we are winners.
What is your alternative?
No no no, do not bring up the sale of any part of the company......this would have happened long time ago if it was possible!
RD and DH!
It is very difficult to calculate dilution as more than one parameter is unknown!
I am happy if Solomon can fix 40.000.000
This is what we all have been waiting for. Let’s see if he can pull this one off!
If that is 10, 35 or 70% dilution , I do not care much!
The company make good money.
The company have a lot of assets.
Solomon finally do like the creditors, and a lot of us, have asked for during several years!
As previously stated, I think it is a good idea to buy at this level.
Do your own DD. Read the filed documents!
I agree with DH, it is a good idea to ad a few shares at this level.
The creditors stand behind this corporate action.
Dividends will be payable out of amounts legally available therefor at a rate equal to 7% per annum per $40.00 of stated liquidation preference per share, or $2.80 per share of Series G Preferred Stock per year.
My guess is that this offering have full support from all the creditors.
Most probably they have some, or all the shares already sold.
I can not see a single reason to do this otherwise.
Anyone believe that new investors will buy this only because of promises and 7% yield?
I guess all Merkur shares will be converted to OTC, sooner or later.
What’s the sudden hurry?
Lets read and digest all the information given!
Empty
They filed S-1 and S-4 a few hours ago......and you complain about that they have not had a telco to explain?
Let’s see what will happen before we start guessing that they have designed this in order to steel the TRW-distribution from us!
Let’s be happy that something finally happens!
A lot to read.
1. Debt repayments 850,000 5,850,000 9,850,000 16,000,000
So a big part of the money will be used to repay debt!
Good!
snow
What are they going to do with the money? Where did you see any information about that?
Again....Solomon will not go anywhere before he has done what he have promised!
Always entertaining to read about the accomplishments of the “china team”!
And now they are buying SIAF big time!
”China team” is a undefined group of specialists. They are employed () or have a close connection to zero.
What he said, years ago, was that he will give up his A-shares and step down.
Remember that he will benefit most from a higher share price!
I understand that ”china team” is trying to buy again today.
Difficult to get shares as no sellers is to be seen!
25c tomorrow?
Solomon said years ago that he wants to step down.
TRW distribution I guess is the key here.
Nothing strange with that!
A good chance for 100 times you money.
Risk? Sure! But very limited!
Can still be another 100% up next week.
Another fantastic story.
I have a lot of SIAF shares.So far not my best buy.
Looking forward to next chapter that have a chance to be 100 times todays value.
Correct!
He will be filthy rich when share price goes up!
Told you that ”China team” have started to buy!
Nobody wants to sell at,this level.
His life insurance is to bring the share price up,
Solomon telling that something have been done!
China team is buying. That is a fact.
I guess that very few investors have been successful by only looking at if a share have gone up or down historically!
You are one of the few that believe this.
I guess that shares of profitable companies that have gone down over90% is a really good chance to make some good money!
High risk, super potential.
Only for people that understand how the market works.
Nothing for them who think that something that have gone down must go even more down...
Very interesting to see the difference between the companies.
I guess it is a good idea to have some shares in both SIAF and HERB.
Thank you RD!
Very interesting to read RD compare the two companies!
Correct, they are done and SEC happy.
Now we are waiting for some info about next steps.
PS. The China Team are currently buying shares.
It is all about confidence.