They print 20M shares he pays $0,1 for them that's 2 million "loan" for Siaf. Siaf pays out 50% as dividend that's 1 million for the new amount of 70M shares, it's about 1,5cent dividend in exchange for 40% dilution. Management would like that million and loan shark that deal as well. Next time it would become impossible to pay other than sub-penny dividend since the dilution required vs. share count would get out of hand.
And now, the end is near So I face the final curtain...
From the song "I diluted it my way".
I think this will actually happen, it's good for everyone else except the shareholders but you can't have it all, it's too much to ask!
And why should he not help Siaf to pay the dividend? He knows how important it is. He can not find a better way to get his investment more profitable and safer.
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