It is an issue because SIAF is desperate in need of cash flow, so instead of delaying the repayment to himself he decides to repay himself at the worst possible time - it could been spent to help on the ECAB-dilution (or avoid it totally), and it could also have been spent instead of the toxic note
Included in due to a director, due to Mr. Solomon Yip Kun Lee is $2,070,390 and $211,247 as of December 31, 2016 and 2015, respectively
I.e 2MUSD went to himself
I don't think Solomon understood that the Garrett deal was lacking a floor price
Does he ever use his lawyers, BOD etc? And is he completely incompetent?
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