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Like a board meeting is so special, lol.
He might be golfing. From SIAF Airline Facebook today:
Siaf Golf heads to Pinehurst next week then on to the Abba Hotel on the Baltic.
See you soon Swedes lets tee it up.
Strange, when we all kniw that financing is a board matter in any company.
Did he just wake up to the concequences of financing chaos?
Every single board member carries responsibility by staying.
Remember they stated that the distribution will take place before listing in Hong Kong. Nobody understood the comment because it was stating the bleeding obvious.
Now, with a new perspective on their time frame for distribution, we see that reality may be closer to their statement above then the sweet talk we have had for over a year.
The year of the dogpoo
KS, they NEVER intended to do distribute TRW dividends.
The ATM cash dispenser has some basic requirement :
1. The new shares tey print must be sellable, i.e keep the market warm by making them expect TRW shares
2. Report high book value and never have a x-date for TRW, because the ATM collapses if SIAF pps goes to zero
So ever excuse on earth has and will be used in order to NOT distribute the TRW dividend
See you, lykke til videre.
He is previously known for providing top-up shares voluntarily for the trade fac. creditors. Sure the locals got a deal worse then ours... Would you believe it.
Mother Teresa. She came back as Zero.
OMG, our board member and compensation committe member Chang from Pontian, didn’t miss the opportunity when his workplace was aquired.
I never cracked the Chinese citizen-code. The filed persons seemed to be incompatible to their number system. About the Chinese partners. Are they real? Aandt, this one might be for you..
You're wrong. We called him.
Why are you here 0? Asking again, 4th time.
Not ceo's fault that the asian slapper left.
This is low.
Garrett D Tri-way
Maybe it's time to call Guolian. Send them a mail. We want to negotiate.
Empty, the ceo search - is that only by headhunting?
The world is full of people who would apply if adverticed.
Good, sympatic behaviour Handla. If you missed the deceptions from the ceo riggong this investing overweight, go read some PR's. Are you for real??
Everybody can agree that the piece below is the most beautiful ever written on this board. Thank you RD for your humanity. I suddenly understand that I'm not the biggest victim here.
I suggest we remove "retard" from the sheet.
The ceo is very concios about his calculated lies, while a retard wouldn't know of concequences.
To call him a retard is an insultion to all retards world-wide.
Where are all the CA deals in Vietnam, Africa and India?
They only have deals with SIAF companies it seems. Not even a webpage to promote services of the engineering greatness.
Not coso ready exactly, is it?
$33,5 mill in capex, 2017. In a company where 2% of investments ($0,66 mill) are reflected in the shareprice.
Think what 1/3 of capex would have done to the pps. And O/S.
That's why he is a retard - if they actually ever had this money that is.
Why not get a local lawyer in Guangdong to take him down on no cure basis? And we can report our losses to that lawyer.
It's not a lost case if they got some finance in TRW. The aquafarms are there but as long as no money goes up into SIAF, we can expect implosion by dillution
When will SIAF build a professional management team? I believe the lack of this is making the banks run away.
Also the "spinoff" TRW is the same one man show.
We don't have continguency with this setup, even worse with our Ohio based cfo.
Find more people with Tony-class and I will buy more
Not sure if it matters or can help RD, but I posted some time ago that the restricted fell from 400'something down to todays level.
I nevee saw movement before that post, nor since.
Late filing on Merkur now:
Share Capital Changes
May 7, 2018. Sino Agro Food Inc. reports that it issued an aggregate of 300,000 shares of common stock. The new shares have been validly issued and are fully paid up. The shares have been used for settlement of other payables with a share price of 0.55 USD/share. As a result, there are now 37,437,952 shares of common stock issued and outstanding.
Like we haven't had constant manipulation for 10 years. Seems nobody cares and this statement is close to iconic as it comes from SIAF
Sorry RD, I am very frustrated and feel a strong urgency. But we have no means, at least I feel we're witnessing a destruction right now without the tools to force the ceo to change course.
I would lift a 17000 pound rock, if I could throw it at the ceo. His financing of this company is totally wreckless for us all.
Why not possible?
He might be imploding SIAF in order to privatize ownership of TRW with his partners.
That would explain why the cash is going the wrong way: from SIAF to TRW instead of the other way around.
By collaps caused by mega dillution, we will loose our TRW dividends promised a year ago. The same with all cash stripped from SIAF. Breach of cash divi promises
The Asian partners will win together with Solomon and his friends.
That's why this is THE MOMENT OF TRUTH! We need to claim the TRW dividend NOW, before complete collaps. ASAP. And immediate cash dividend.
GARRETT, you need to STEP UP. Cut the crap about trusting Solomon. He is robbing SIAFS shareholders in broad daylight. O/S is exploding in our hands now!
Think maybe there is a way round this 6 month rule. We always see dumping in connection with issuing of shares.
And we don't see "Restricted" increase, but not sure they should.
Would suppliers accept payment in shares if they had to wait six months to dump them?
Well, it's clearly stated :$0,55
They wouldn't put in 0,55 there, if it was supposed to be $3, imo.
I agree. Because we lack a professional team here.
Am surpriced when people oppose my reservation getting into frozen seafood.
Why on earth is the ceo here, the right man to outperform on frozen seafood? We have failed in every orher sector, except seafood.
Let's focus on getting the pps up from 2% of book. By improving our operations
Why did a fashion company aquire a Internet company?
Just like a aquaculture business would start with frozen import business.
Is there not a single company in Asia not trying to do everything they shouldn't?
New O/S at 37,437,952.
Our shareholder community is showing good growth this year. We need a large hotel for the $100-party now.
We all know that cash dividend is the only way out of this death spiral. As a higher pps will by far reduce future O/S levels.
I know this snow. And as far as I remember, around 25% of yearly harvest is from AF4. In total 10.000 tons, or around a trick a day. And no, not one physical truck. I say it to illustate activity expected on a daily basis
Thanks aandt.
I understand that you are exhausted from this
O/S up 6% or two mill shares. Our shareholder-family is growing. 37,137,952 now.
ABBA had a song called Dancing Queen. Sollys karaoke remix is Dillution Queen.. Feel the pain
They should succeed in one of the existing businesses first.
Don't underestimate knowledge gap in seafood here. A lot to learn before it is robust.
I basically have lost trust (and $40.000 which was all I had).
So the question about listening: I need action. There are so many shareholders ready to support him, but by his priorities we understand that we are not worthy.
So here we are, disappointed and dillutional. How did we end up spending all our savings into trust of a person who obviously doesn't care about us.
The talk about frozen seafood and the increased finance of trw has triggered me. And it's not the entreprenural mistakes here - many of us got heavyly involved after the PR of coso/dividends.
And from that point, all we got was endless dillution (which could be good at $3, but I have lost interest in this shithouse)
Dear aandt, is it possible for you to find customer/distribution info (yes, the links we have seen is in chinese and with few pics) that can support the reporting from trw of 30 mill in sales 2017? I think it was a truck a day, or around 25 tons. Goulian is investing in a 150 mill packing plant. The sat photos of trw indicates that we have a large area with a couple of buildings and hardly any road.
Evidence of harvest operations would really help my spirit at this point