Sino Agro Food Inc (fka SIAF)

[andrewflying]

TS, thanks for sharing this. What a surprise, he also saw that way. He knew this long long time ago, and he did not give a damn care about the shareholders. He lied day in and day out about loans, dividend shares, collateral shares and daily operations. He is still lying about that they will get collateral shares back in the end. NO they won't. He was on an emergency trip to Europe, since the selling of the collateral shares, SIAF has breached the contract with ECAB. After the new year, I think a revised deal with FD is coming, the conversion rate will be greatly reduced from $9.9 to something like $2 to $3. Then the SIAF share holders may get the dividend shares.

That is the happiest ending I feel for the ordinary shareholders.
The alternatives could be a lot worse.