Sino Agro Food Inc (fka SIAF)

[melehuna]

Re: F Shares and Fidelity

Although I deserve credit for my efforts, I've failed miserably so far in getting any results from Fidelity.

After 40 minutes on the phone with a "back room" specialist named Aoise (pronounced "eye-sa"), providing Lucky's info about clearing houses, providing all the info I've provided in the past, I was promised a call back in 24-48 hours.

The previous back room specialist was named Thomas. Fidelity lacks a mechanism for these support people to add notes to my record, so the entire story needs to be re-told to two or three people before anybody with knowledge appears -- each and every time I call. I asked them to email me their response, and was told that they are not allowed to put anything in writing. LOL

Perhaps Fidelity users entitled to F Shares can identify themselves, and on my next call, I can tell Fidelity that I know of xx unhappy customers. It probably won't help, but who knows?

I'll keep trying.

p.s. here is a compilation of the info I've given to Fidelity

1) Press releases related to the F Shares:
August 22, 2012: http://sinoagrofood.investorroom.com/2012-08-22-Sino-Agro-Food-Inc.-Declares-Dividend
September 19, 2012: http://sinoagrofood.investorroom.com/2012-09-19-Sino-Agro-Food-Inc.-Amends-Dividend-Procedure-To-Eliminate-Any-Stockholder-Required-Action
June 2, 2014: from the prepared remarks of the Q1 2014 CC:

Regarding the payout of the Series F Preferred share dividend, the Company has been informed that the methodology used (that is, book-entry, nonregistered shares) poses a problem that needs to be addressed and rectified. That said, the Board of Directors will conduct a meeting in the near term to resolve the issue, and will inform the holders of Series F Preferred shares once a solution is determined, and a decision made on steps to be taken. Unfortunately, neither the Board nor I are in a position to discuss the matter pending the full Board’s discussion on the issue.

December 22, 2014: http://sinoagrofood.investorroom.com/2014-12-22-Update-on-Sino-Agro-Food-Inc-and-Euro-China-Capital-AB-Strategic-Plan, which includes this info:

The preferred F series shares (dividend) of $3.40 (totalling $3,146,063) will be paid in full on May 30, 2015. Payments will also include 10% retroactive interest.

2) Transaction info so they can see my SIAF shares held before September 2012 that are eligible for F Shares.

3) The information about Broadridge and other brokerage firms that I cover in the following post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113443163

4) The information in Lucky Loser's post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113797043