Sino Agro Food Inc (fka SIAF)

[snow]

ks I think this may be the best post I have read for months here. I think you pinpoint the situation extremely well.

"The problem is that we only know fractions of what is going on, and we know that Solomon will deliberately keep stuff hidden from us and fluff whatever he can.

We don't know if ECAB is rightfully fed up with Solomon, or if ECAB is hostile and has planned for SIAF to go into this trap. We don't know if Solomon is a crook, or if his intentions are honest and that he has gambled too much and mismanaged the company. We don't even know whether Garret is a saving angel, or if he is only out to look after his own interest on our expense.

They talk about preferred shares, but I don't know whether to expect good things or horrible things, but after 100% dilution at 2% of book it does not SOUND good."