Replies to post #123868 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

See page 17 of the Q2 report.

$5,996,665 + $4,135,558 = $10,132,223

But the drawdown maximum of loan1 = 80% and of loan2 = 70%

So the effective loan is only

Due to debts loan 7,692,222

This is the real debt. And unchanged from Q2 or before.

But for calculating the coll shares (or for accounting reasons), they have to consider the whole amount.