Replies to post #112994 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Yes, of course.

I can add some flavor to this.

There are 2 ways to go dark. Officially, by filing a Form 15, and simply by stopping filing.

Companies that previously had a senior listing, are required to file, even when delisted to OTC. If they don't, their registration could be revoked by the SEC. These days it probably will be. This does not apply to SIAF because we never had a senior listing.

You can go dark officially if you have less than 300 shareholders of record. Probably a stupid rule from the past. Anyway. This usually only happens when companies need to reduce cost in order to survive. If they have a hard time paying the bills. If they have enough cash, shareholders can sue the company for not acting in their best interests.

SIAF can go dark unofficially as well. Scams, troubled companies, or the ones that are fed up with the shareholders usually choose this path. In SIAF's case there is nothing you can do because they are not obligated to file. It will simply remain a dark company.

Of course, it would be absurd to assume such a scenario for SIAF. Just saying, in the China space you never know.