Sino Agro Food Inc (fka SIAF)

[RealDutch]

ks, there is only 600k shares left of the A/S. Assuming Solomon can still get $0.55 for it which I doubt, then here is what he will buy himself for $300k...

1) total destruction of the share price and shareholder value for the remainder of the year.
2) possible lawsuits from people who are fed up
3) daily emails from people who want to see him, Dan and Peter leave as quickly as possible
4) and because it doesn't make any sense, more and more people will conclude that the company is a fraud.

All for a lousy $300k...

Haven't they learned anything yet?
In the past Solomon was able to get some expensive loans when in desperate need of cash. Not that it's a good alternative but still better than issuing more shares.

I can already tell you that this will end badly for them if they keep issuing shares.