What can SIAF do to prove its not a fraud (because it looks like it), besides the obvious like pay dividends of stock or cash, because it didn't do that. (even worse, it announced and didn't follow through).
So at this point, I'm wondering what I own because I thought it was real. But how can SIAF a "profitable" company that is defaulting on loans prove its not a fraud at this point.
It certainly looks fraudy having announced and then called stock + cash dividends, while defaulting on a loan. Like who issues a dividend when you can't even pay a lender? A fraud would make sense to keep PPS to dump shares [like zero or mark would say].
But itdidn't act like a fraud (unless the accounting was fake too, and the ABC loan, etc), and if its stlll fraudy why keep going the equity has been wiped out.
