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Re: Redbull84 post# 151674

Friday, 12/14/2018 2:22:56 PM

Friday, December 14, 2018 2:22:56 PM

Post# of 163718
The current filings state 336k in salary + 336k/PPS in shares (starting January 1st 2019 I believe).

Well, Merkur is for babies, so I don't think they care too much about minor issues, but keeping shareholders in the dark is passing the limit (hence the small fee) and cancelling a dividend should be rather challenging in general - not to mention when the cash dividend policy itself was issued at a time when common shareholders were talking about lawsuits and the PPS was imploding.

The way they worded the Q&A it seems to me that SIAF might have had the cash flow necessary to pay the cash dividend, but that "the board of directors - with advice from some large shareholders" adviced them to not pay it at the current stage. It will blow my mind if Oslo Børs looks the other way on this one.

It will not be in SIAFs favour that the TRW-distribution got cancelled.

Which leads to the question; 1) Is SIAF in more trouble than we can possibly imagine, 2) has Solomon ever had any balls or is he so stupid that he don't realize that this is likely to get him delisted and sued, and/or 3) was this his plan all along

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