Replies to post #127580 on Sino Agro Food Inc (fka SIAF)

[Emilez]

Early retirement of which loan? There are four loans with collateral shares.

[jyyoo]

So based on your talks with FD recently, do you have any idea what kind of change he is proposing in terms of wanting more influence within SIAF with some kind of new loan? Personally, I would love individuals like FD and Garrett to have more influence on this company because they understand how to unleash shareholder value. FD has done it before and I strongly believe he can do it again.

Also based on Solomon's language it seems like he has more leverage here (likely because of the Tri-way loan or some other conventional financing?)

"Without having this subject litigated in the public forum, what I will say is that the situation has become one of negotiating an early retirement of the loan; one that will serve the better interest of the Company and hopefully rests well with the lender. The matter is complex and is steadily progressing between both parties. We will inform the market once all formalities are final and no further amendments are necessary."

How could Solomon negotiate an early retirement of the ECAB loan without some kind of leverage here, especially when he says it will serve the better interest of the Company and "hopefully" rests well with the lender. Perhaps it is this alternative financing he has "garnered" or the Tri-way loan should be closed soon?