aandt I don't know what his intentions are. What I don't understand is that he appears to have demanded terms that put other shareholders totally at yhis mercy if his intentions are good. Does he want the pps to drop a lot more? Putting the company at his mercy looks a good recipe for the pps to continue collapsing.
Or is it to protect his $4M in case shit hits the fan? Who knows. It's now just another risk factor to take into account. How much you decide to weight it, will be for each investor to decide. From what I've seen thou, I personally believe the risk isn't enough to panic over, and that both SIAF and the note-holder are acting in company's best interest. Obviously both parties intend to gain on the deal, but I highly doubt either want to trash their reputation.