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Its time for a lawsuit..... force S to give up A shares and any compensation since 2014/15.
Robbery.... Ever see the movie "The China Hustle"? This looks 100% to be a China hustle abusing western investors once again. Fuucckk china
We should get one of these started and sent in to IR (Peter) before the CC....
I'd like to know if S plans to take millions of shares in compensation for the past couple years since he has changed his compensation plan to gain from a declining share price..... I doubt he will take a bunch of shares in compensation but if the guy take millions of shares, which he possibly could do since it is in his contract, this company is dead since it has "China hustle" written all over it then....
This is what I do not understand about RD (sorry RD)...and it kind of ticks me off since RD has great potential.
You seem to be in over your head on this investment and the one guy who could possibly help you out more than you believe, you choose to close off any communication with.... I do not understand.
I know you want to keep away due to objectivity, but someone of your knowledge in this company could probably help out more than just on this message board and Garrett would be the guy to start with.
I talked to Garrett and he is very easy to talk to. He appears to be in just as much pain as we are with the share price and wants the same thing we want. I do not think this guy is out to throw us under the bus.
The worst thing you could possibly do in this situation is close a door of opportunity before discovering what is behind that door. Spending 10 minutes on the phone with the largest investor in this company will do you absolutely no harm.
You should really think about this and jump at this opportunity.
I appreciate you sharing your thoughts with all of us and would be thankful for a few minutes of your time on this subject.
I would private message you but I do not have level 2, maybe an email to exchange contact information?
Thanks.
If only this guy would kick and scream about the change in S compensation plan to benefit in a decreasing share price situation, I would then love the man
Well said, I agree with this. And yes there won't be any collateral shares buyback on the open market IMO. I'm happy if they prove me wrong but it's extremely unlikely.
Id love to see proof that you bought..... highly doubt you and anyone who says "oh this is going to be our week, next week we will see the price sky rocket.
plot twist: Zero is actually solomon convincing other share holders to sell cheap shares to himself. Building enough shares so he can cancel his A shares and still have control.
Could the threat of a law suit push soloman to pay dividends ???
RD what are your thoughts on bringing a law suit to solomans attention due to complete irresponsible and reckless behavior ?
I wonder if a lawsuit has ever crossed dan or solomans mind
Peter is a joke to this company. The only thing he is good for is calming you down when you call him pissed off because the company cant get anything right and then when you hang up the phone you say to yourself "wow, this is just the same BS ive been hearing for the past 5 years.... damn he got the best of me."
Peter is just a therapist for this stock for investors to vent to.... he does not add any value to this company or improve investor relations in the slightest fashion.
he love to say: "yeah were all suffering from the share price, me included"
Lol he probably has 100 shares just so he can say that.
hahahaha im dying over here. Anyone know any other business links dan has? I want to attempt to contact him. Id love to hear his take on sollys new compensation package along with his views on being the CFO for a company on the other side of the planet. Also what was his involvement with the loans which he is so confident about.
Id love to call any business he is affiliated with.
the guy is from ohio......
Seen this when i googled danny boy and thought "finally we can make some money here"....can we swap these guys somehow?????
https://www.snyderfuneralhomes.com/obituary/daniel-r-ritchey/
is it just me or does the bridge/ highway at the bottom of the mega farm look like the Chinese can't keep a straight line? :D hahahahaha
I completely agree, I could try to ask Garrett if he would support such a thing. I know there would probably be a good % of share holders on here who would love to see a departure of Salomon and Danny boy.
nef, you make me laugh
Yeah I can second that, Its obvious peter reads this board when I call in and ask questions he refers to this board all the time.
Peter always uses the phrase "ohh hang in there, were all suffering from the decline in share price"
But does the guy truly care? I mean if he hold 50 shares and is paid 50,000 a year to take phone calls and stick up for the company, how much is he really hurting?
This question absolutely NEEDS to be asked. I think a detailed question asking Solomon to explain his change in compensation to benefit him as the share price falls should be addressed.
If someone can give me detailed numbers from his previous contract and compared to his new current contract, I will send them to Peter and Demand a response from Solomon himself which will be reported back to the shareholder on Ihub for the shareholders to draw a conclusion as to if they want to change the status of their position in this company.
RD, would you be willing to private message me your e-mail ?
I've been following you for years and would like to bounce a few ideas around with you and also thinking about writing a seeking alpha article which I would love to involve your analysis in.
I tried to call peter from IR a few times last week, never returned my call.... Yeah I'd be hiding too peter.
Such a disgrace IR has been for this company.
This states roachdale is now sold out ? Or did they not really sell anything ? Because it seems that roachdale, transferred the shares to fd??
I think their pay, and specifically Solomon’s pay, should be question #1. Ask them to justify the increase in shares solly will receive as the price goes down… isn’t that backwards???
Interesting to see an increase in pay as our shares become more and more worthless.
What’s SIAF kh limited
Lol what do we do to the rat that has A shares and controls everything and makes us powerless????
Solly is a rat when it comes to his compensation......
I asked peter G. why solly's compensation was changed for him to benefit from a falling share price and Peter's response was : "well if you going to look at it that way, he will be at a disadvantage when the price rises..."
I laughed at Peter and said, "really? look at where we are right now, down to under a dollar from $17.00....do you really thing im going to agree with you on that point?"
He didnt have a good answer for Sollys change in compensation to benefit from a falling share price, this really should be addressed since when we are all losing money, why should solly benefit?
We all know management is over paid for a company that has taken a crap over the past couple year but yet we look the other way because we see such opportunity with this company's potential.
Solly loves to hire people who wont criticize him it seems....such a joke.
Less than 3,000 shares traded in oslo today? WHATT????
I'm with empty on this one for the fact that he didnt need to announce his intentions with this equity position.
I simply asked what his plan was and he responded.... no need to bash.
I thank you for the reply empty ;)
yea.... I bet that will really get under his skin.....
Anyone know what Peter G. the IR guy's compensation is like?
Is he paid in cash or shares? seems like everyone in this company is paid in shares
(I have no intentions on throwing zero a bone with that statement)
If you dont mind me asking.... I know you said you/your group owns around 1% of the company... how many shares do you own and have you decreased your position over the past couple of months as weve been in the dark it seems.
Lol empty.... whats going on?
With such low volume and nothing seeming to be moving over the past couple days I take it everyone is waiting for an announcement ?
I dont have L2 so I cant see what you see, Would love to hear your thoughts though.
Oh solly
I looked at the 2012 annual report and it has
In our opinion, these consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Sino Agro
Food, Inc. and subsidiaries as of December 31, 2012, and December 31, 2011, and the consolidated results of its operations and its cash flows for each of the
years ended December 31, 2012 and December 31, 2011, in conformity with accounting principles
generally accepted in the United States of America.
Madsen & Associates CPA’s, Inc.
Madsen & Associates CPA’s, Inc.
Murray, Utah
April 15, 2013
signed off as the auditors...
not Anthony Kam & Associates
I tried to look into this company and couldnt find a thing.... formed just this year and they already have top end technology?
Seems fishy
Can we Publish that holdings report yet???
Why wait on the company any longer since they show little concern for their shareholders.
When is the cc?
Interesting how much short interest has dropped, yet the SP is lower
http://shortsqueeze.com/shortinterest/stock/SIAF.htm
Any prediction on how much shrimp SIAF will produce/ what our survival rate will be in comparison to the others this article covers. Kind of getting at what you think we will be selling in Q2, since we might have a large increase in price we could be benefiting from here.
This is exactly the question I want someone to ask on the CC.... Probably one of the most important questions since if they believe this company is extremely undervalued, why not put your money where your mouth is..... If this company was trading at a market cap of 2 million. Im sure they would then swoop in and buy up every share so to my point, at what level will they start buying and see the company as being under valued?
This question should be asked and do not accept a bullcrap answer such as "were already fully invested" that would be bogus since they have these nice hefty salaries in a country where it cost almost nothing to live.
This is my biggest concern with the company because if the management doesn't see value in the company, why should us outsiders?
What was used for the top and bottom resistance band?
RD, Impressive! what eyes you got there. This COULD have some crazy good meaning to it.
Unbelievably impressive catch.