Sino Agro Food Inc (fka SIAF)

[modes948]

I think most of us were thinking that this company was not behaving like obvious scams trying to pump the stock price with dividends etc., so no way it could be one.
However the reason could be that after securing the loan from ECAB, they could not dilute so they had no obvious benefit from a higher stock price.
Before that it was dilution and after restructuring the ECAB deal it is dilution again this time for pocket money at below 10% of what they used to dilute at.
By the way they kept the ECAB restructuring secret and then the reason why the O/S was going up secret too for more than six months.
In the meantime for over a year all hope is based on the company securing a big loan as if there were no profitable operations all these years.
So in summary Dilution-ECAB loan-Dilution at 2% book-TRW loan???
So it comes down to either gross mismanagement of funds or unfortunately something more sinister.