Hi everyone.
Im new at this board thou ive been following it for quite some time.
My English may not be as good as everybody elses but i hope il make myself understood.
And one more thing, im not only new in this forum, i dont know much about anything regarding the stockmarket, so please, be gentle with me, im trying to learn... :)
What if the shares were about to recieve aint from the reserved shares in Triway?
What if the shares we will recieve is a debt repayment from Triway partners and their sharecount reduces by 18 % of total Triway?
(31-18=13%) Partners (13%)+Siaf (36%)+Garret (?) and they will probably still be in control when they go live in HK.
The partners know they aint got the cash to repay Siaf so they made a deal with Siaf to distribute 18% of Triway, from their own shares, to Siaf shareholders. Considering the growth of Triway and maybe a succesful pre-ipo they would still make a nice profit.
And Siaf would be able to keep their shares in Triway and therefore be able to make Siaf a profitable company with a steady income from Triway.
The reason not to give the shares to Siaf directly would be that Siaf would then be in control of Triway, and even i know what Solomon is capable of.
That would raise a number of questions.
Is it legal?
Would FINRA be involved if its not seen as a regular divident and rather a debt repayment to Siaf shareholders?
Do we as shareholders need to pay tax when we reclaim a debt?
Please keep in mind that im a newbie and i realy dont know what im saying, but you have to learn to crawl before you walk. ;)
