Sino Agro Food Inc (fka SIAF)

[jyyoo]

They decided not to do the memo because they thought it would simply be met with skepticism. They simply want to pay off the collateral shares with conventional financing. They don't want to talk about what they are going to do or are trying to do anymore, they simply want to announce things when they are done. I agree.

https://investorshub.advfn.com/boards/replies.aspx?msg=137316662

Phoenike posted this about a month ago in regards to the collateral shares.

"In light of the fact that the Company does not look toward this method of financing as the optimal or cheapest means of obtaining credit, it does continue to pursue, and already has garnered more conventional means of financing to cover its ever-growing business.
It’s my view that the outstanding balances owed on the above debt will be repaid through more conventional means in the not-too-distant future, hopefully relieving us from the constant insinuation that it’s because of collateral shares that the share price is dropping, and secondly, that short-traders are no longer able to rely on the negative sentiment assumed by you and other shareholders that provides them every opportunity to successfully apply downward pressure on the market."