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Post# of 94785
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Scandle34

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Scandle34

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Re: ccsykes post# 90970

Monday, 08/06/2012 6:34:50 PM

Monday, August 06, 2012 6:34:50 PM

Post# of 94785
CC - I have no issue with them using shares for financing, but they could have used the dividend cash to pay the debts, right? I am not saying SIAF is a fraud, but the dividend was really not free and clear of the financing no matter how the dots on the balance sheet were connected. The reason a dividend is supposed to boost confidence is that it demonstrates cash flows independent from financing.


Let's cut through the BS...

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