Sino Agro Food Inc (fka SIAF)

[ValueInvestor01]

The good news is, even if they raise the A/S this time, it would take at least 4 weeks until it becomes effective.

There is roughly 20 days between filing the DEF 14C and becoming effective.

The bad news could be if the O/S goes DOWN. Because that means they transferred common shares to preferred shares and they can issue more common shares. Other than that, I think dilution has ended for the next 4-5 weeks, until after the ex-date.

PRE 14C 2017-07-24
DEF 14C 2017-08-04
Effective 2017-08-25

PRE 14C 2016-11-14
DEF 14C 2016-12-06
Effective 2016-12-28

That's one thing, but I don't think they can do much more damage in the following weeks. But in couple months or years, nothing will change unless they do. Also, when the company receives its collateral shares back, it will give them another chance to issue more shares.