Sino Agro Food Inc (fka SIAF)

[KlausVT]

But if you look at the document the r/s is one of only two ways to remedy exceeding the number of authorized shares (225mio) and according to the latest document there are slightly more than 227mio outstanding right now. And since this document does not say anything about reducing the number of authorized shares by a factor of 10 as well it can also mean to just generate more headroom for later on or, of course, open the door for an up-listing. Can't remember whether the preferred shares have voting rights and how many are held by whom but it surely empowers them dramatically since they stay the same