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Re: Traderfan post# 132266

Friday, 03/16/2018 5:16:58 PM

Friday, March 16, 2018 5:16:58 PM

Post# of 163716
There's also the argument that even if they aren't returned, the company can just take the money they were going to use to pay the loan back at maturity and add it to the eventual buyback program so that in either scenario they are buying back shares. The SIAF story has always been a financing story. From the beginning, they needed funds and were able to use equity financing. Then they ran out of buyers, particularly when the Chinese stocks started earning their scam reputation, but eventually ECAB stepped in ending dilution and verifying that the business was legit after their extensive due diligence. That put an end to equity financing for a time and we saw how quickly the stock could move to the upside, but then debt financing delays for Tri-way turned Solomon to equity dilution through collateral shares which is better than pure equity dilution but has killed the stock price and provided fuel for shorts. Once Solomon has finally secured this financing, he will be able to finally give shareholders a reason to stop selling and actually buy.

And I'm not sure why everyone started freaking out about your post..I think the stock price has clearly made people a little edgy.

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