Replies to post #63275 on Sino Agro Food Inc (fka SIAF)

[Traderfan]

Great posting IMO. Unfortunately the truth so far.

[emptyone]

good points TF and I also hope you are on the call ....

[stolpen]

Couldn´t have said it better, hammer on the nail.

[NewJerichoMan]

Nice post but I think you hold the Naz in too high of regard. They've let plenty of Mickey Mouse-run companies on board in the past.

Given we're basically a reverse-merger Chinese company is a big strike.

PS - you need a new moniker. There can be only one TF.

[snow]

Trip

I think you have a very good point. In practice this seems to be a one-man-show when it comes to the important decisions. The independent Board members do not give the impression of being independent in practice. Solomon only owns about 10 % of the Company. We need members on the Board who truly represent the majority of the shareholders.

[snow]

Trip

I have taken the liberty to e-mail your post to Peter and asked him to send it to Solomon. I don't know if he will do that.

[emptyone]

TF, with reflection, I can't believe that Solomon could be so stubborn as not to separate himself from the CFO role and the other factors you mention if it would means a Nasdaq listing. My guess is that they are having trouble explaining the complex nature of the company with all the JVs and also the continual dilution.

[The Swede]

If Solomon cancels his golden shares, he will have to raise the AS again to protect the company from a hostile takeover. Dont think the market would appreciate that either.