Sino Agro Food Inc (fka SIAF)

[Mark-J]

It is very hard to believe that a man who could create 790M aquafarming empire would on the other hand do something weird and completely irrational and harmful to everybody like this.
If they reported heavy losses, even then selling assets should come first and at least sold shares should be way more expensive.
But they do this and claim profits both Siaf and trw it's just beyond any reasoning.
It just doesn't make enough sense what they do. It would require serious sudden mental illness or such. And I'm not kidding, I mean really.

But I think the simplest most logical explanation is usually true, not the sudden mental illness.

Just saying that when you see it the way I see it, there's no more irrational things, nothing absurd, it's just the guys making their living on something that isn't there and that will require all this crazy stuff.

It explains dilution, it explains all delays, it explains the PPS trend, it explains why we don't see the harvests, trucks and customers.
Everything lines up like I said before.

Mark

"This years dilution has cost 260 million dollars to the shareholders 1.1.2018!!!!

For what? Getting only 4,2 million cash??

That doesn't make any sense for anybody if the books are even half real."

I have to agree with you. It does not make sense. But my conclusion is that Solomon behaves like an idiot rather than that the books are totally wrong. The books reflect what it has cost to acquire the assets among other things. Even if the assets are worth only 20% of the numbers in the books it would have made sense to sell assets for the real worth rather than selling 14 million shares for next to nothing. Solomon should go. His acts are so grossly stupid that he should resign.