Replies to post #83917 on Sino Agro Food Inc (fka SIAF)

[Handlamera]

Make sense. Good point.

[Andrew26]

Thats the best explanation we have now and I agree. It looks set up, look how tight the range is. And neither of them attacks over the threshold, thats noteworthy too.

Ofc the question is how many shares is the dilution hitting the market. And the other - who is the buyer, since we talk about millions of USD. And I hardly doubt its some fund at this point. One far strechted theory could be that its EC with the fee money but hard to say.

[joenatural]

Couldn't agree more and as much as I hate to admit it, the stock may be close to making a big move up and by up, I mean a run to $20.00 and rather quickly once the dump has been concluded ........

"Might still be the last of the dilution through NITE and it's known by PUMA and it's agreed that they will soak it up?"

[NYKnuckleballer]

That is certainly plausible.

I've always posited that ARCA was ECAB via some non-traceable third party. Maybe they are PUMA, too? It might explain that goofy loan structure, too.

~$33M less ~$8.25M ~= $24.75M at a 10.5% rate.
When one includes the "discounted" money, the interest rate shoots up over 20%. Why not just give them a $25M at 20%? It looks better to say 10.5% but that's just lipstick.

However, we know an allowance of $5.5M for dilution was built-in. The worst thing you can do after a reverse split is dilute again, which is exactly what we've done. All parties involved knew this going in.

To not plan for this allowed dilution would've been criminal.

Perhaps SIAF is getting that discounted money but just indirectly? When dilution happens it creates other sellers. To soak up $5.5M in dilution you need more than $5.5M in capital. How much more? Maybe 50% more?

$5.5M times 1.5 = $8.25M