Sino Agro Food Inc (fka SIAF)

[Redbull84]

Hard to know what their intentions are at this point, they’re in a really bad situation too. They have $25M in a $8M company. Do you know how much money they’ve been receiving so far?
I know that he’s been called the corporate raider by the management, but FD needs someone taking care of the company, I guess Peter Rosta could help, but I doubt they will “pay” any $3 bucks a share. I think they sent out this letter of default so they are able to put them in bankruptcy or renegotiate the deal, they have a good setup for either make Solomon unemployed or defaulting his company.

As long as a Solomon raise money through these promissory notes he’s diluting ECABs chance of getting refunded if they would put the company in bankruptcy.