Sino Agro Food Inc (fka SIAF)

[ks1977]

My impression is that now we have no assurance that any debt TRW has to SIAF will be repaid in any given time frame

That's the point I'm trying to make; if TRW settles more debt into shares than the 36.6%, we need to question whether TRW will repay any debt to SIAF in the short-term (according to the filings most of this is interest-free and with no fixed payment,the exception is the AR of 120-360 days so if this AR is converted then Solomon has some explaining/reassuring to do)

Hence; if the speculation that SIAF will retain its 36.6% post distribution is true, then Solomon needs to prove to the market that SIAF will not be in any more major cash-flow issues post distribution...