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ks1977

02/18/18 10:28 AM

#130565 RE: RealDutch #130564

Dan was wrong about the collateral shares it seems. Someone posted this link to Shareville (Nordnet's board);

http://www.newsweb.no/newsweb/search.do?messageId=443431

February 5, 2018. Sino Agro Food Inc. reports that it issued an aggregate of 5,524,255 shares of common stock as (1) additional collateralized shares for trade facilities, (2) as payment for services to chinese parties, (3) as incentive shares for staff, workers and personnel renumeration.

As a result, There are now 31,209,153 shares of common stock issued and outstanding



I guess the round numbers are collateral shares, and that the uneven numbers are incentives shares, but what is "payment for services to chinese parties"? In shares? (the bonus-shares for consultants that are dumped into the market right before the chinese new year?)