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Post# of 163718
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ValueInvestor01

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ValueInvestor01

Re: RealDutch post# 147286

Tuesday, 10/16/2018 10:51:14 AM

Tuesday, October 16, 2018 10:51:14 AM

Post# of 163718
I think I am getting close to understand this whole situation.


- SIAF owns 36.6%
- Partners own 31%
- 14% also owned by partners but reserved (to be sold) during the pre-IPO.
- 18% owned by SIAF shareholders

The partners own less, in exchange for debt reduction.



The "18% owned by SIAF shareholders" is the stock dividend they are going to distribute for debt reduction right? If that's the case, SIAF will retain 36.6% after the dividend distribution. After all, they are using the "partners' ownership" in exchange for debt reduction.
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