Sino Agro Food Inc (fka SIAF)

[Thellus]

So they are going to give out cash dividend, when they have to settle debt by giving away shares? Where are they getting the cash from?

"(i) 50% in cash settlement of $15,589,000 to be paid in monthly installments.
(ii) The other 50% balance of $15,589,000 to be settled by the issuance of 5,196,333 common shares of the Company and 400,000 shares of Tri-way Industries Limited.

As of the date of this report, the Company has paid $4 million with $11,589,000 remaining owed on the $15,589,000 balance."


5,2m + 400k tri-way shares for $2,8 on avg.

And no specific dates. I fear it's going to be another thing they can just push ahead of them... Don't believe it before I see it.