Replies to post #120544 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

we wont pay back the loan, take the shares!

LOL. You have probably found the one alternative that could depress the stock even more. The questions some people ask...

[The Swede]

If what Erik is writing is correct, yes.

But there is for sure something fishy about these loans. I just can't figure out what is wrong.

Who in there right mind give a non-recourse loan to a Chinese company with shares as collateral with an interest rate of 3,5%? It's to good to be true on SIAF's part. So for sure the lender as figure out someway to get a better return on their money.

Not even me as one of the most hardcore SIAF owner would lend SIAF money at that interest rate with that kind of security. I expect much higher return on my money when investing in this space.