Sino Agro Food Inc (fka SIAF)

[RealDutch]

It's a bit messy with the S-1 now. The part missing, is whether the preferred shareholders are entitled to the stock dividend.

Let's say they are. Then they are screwing us. And with the pending lawsuit... Besides, this company has a $10M market cap. And they are raising $40M. So it probably can't be done.

Let's say they are not entitled to the stock dividend. This basically means they have to complete the F-1 first and distribute the TRW shares. I think this was the initial plan but it presents a different set of problems. Because they are using the dividend to pump the stock (?) They already filed the S-1, which was a mistake. And it felt like a GD MISTAKE from the beginning.