Sino Agro Food Inc (fka SIAF)

[Mark-J]

Real world hard evidence is against you.

Everything i said about the the agriculture company is very valid. Not believable at all that Siaf has anything to do with it in real life or owns any real rights to it. There should many signs of co-operation and interactions but Solly never visits any subsidiaries or is never ever mentioned by those companies. But he goes to Sweden to meet regular meatball investors on several occasions seen there trying to lure tiny investments. Now how scammy is that?

And the usual problems that they dilute, they have no bank relations, the can't sell assets, they have no money, they let down promises every time...
It looks like a scam, it smells like a scam, therefore... ..it's just some cattle and management problem that 780 million became diluting broke 10 million company?
Come on, you got it wrong, we got it right.

When will you stop promoting this? If it's 6 months from now under 10 cents and no dividend has been paid, will you still be promoting and claim me and other critics got it wrong and you know better?

Mark, the company has issued some 20M shares over a 9-month period. The reason for this is the cattle business. SJAP was stuck with a liability after the cattle prices came down and they settled it with the farmers. It isn't evident from the filings, but that's what happened.

Dilution isn't the problem. Many companies issue stock. It is the fact that all of these shares are sold into the market, aka dumpage, that causes the share price to go down so much. The market simply cannot absorb that many shares. ECAB recognized this problem in 2014, that's why they prohibited the company from issuing stock to vendors etc (who sell the stock by design). It has taken Solomon years to even recognize this problem. Well, he should know by now.

This came after the sheer panic management created with the (top-up) collateral shares. And, the failure to execute and deliver on promises.

There is an easy explanation for everything that happened here over the past 3 years. You don't have to resort to claims that the company is a fraud, which is based on nothing.

For the record, I blame the shareholders as much as I blame management. If the shareholders can't get it right, then how is Solomon supposed to?