Sino Agro Food Inc (fka SIAF)

[RealDutch]

SIAF is very risky now. They could still go dark any moment. Lets take a look at the red flags. And they are all bad.

1) Merkur delisting
2) Shareholder meeting delayed.
3) Board members leaving
4) Cash shortage could give Solomon an excuse
5) Lawsuit and shareholders revolting
6) Lack of updates on the website. Lack of news. S-1 delayed.
7) No conference calls.

One reason why I bought the stock in 2012 was because SIAF was different. The company was transparent. They were telling the story. They seemed to care. They completely lost their way over the past years. How on earth can you do things the right way, and then lose it?

We had

1) semi annual presentations
2) guidance
3) frequent updates and news
4) 1c dividends
5) investor tours

How on earth is Solomon going to turn this ship around? He can't....