Sino Agro Food Inc (fka SIAF)

[treit2002]

He has given himself the option to further dilute with the additional shares imminently available.

But if he does before FN and efforts for a bond offering, it simply indicates to me that he did not delay the immediate need for cash, giving himself a chance to dilute at >$1.00 or with debt.

And that's the crux of the problem.

Half of the value of the FN listing is to provide a new, major demand source for shares. But the other half is to afford a better chance to halve the eps dilution by issuing shares at double the price, if other alternatives fail.

This is the foresight and flexibility that should have been an obvious need, imo.

Dilution after FN -- if needed -- is much preferred to dilution before.