Replies to post #134306 on Sino Agro Food Inc (fka SIAF)

[Emilez]

True, upside surprises might come. Quite likely even.

[RealDutch]

Like Fredly told us, they are/have been in dialog with Singapore Development bank

So the shorts know which bank is responsible for the loan?
Well done, Solomon.

[jyyoo]

Plenty of risk left, but $0,5? 98,5% chance of complete failure discounted in the PPS.

Even if it was a scam so far and they get going small time on prawns, the opportunity is worth more - but not $30.

And you have upside surprices that may come. Like Fredly told us, they are/have been in dialog with Singapore Development bank. They are actually working on the financial.

We just got the 10-K/A for 2016 after the SEC reviewed it extensively. We just got an update on the collateral shares stating we paid part of it back. They also clearly said the collateral shares cannot be sold or used to short.

Pursuant to the loan agreements, the lenders shall not sell any shares unless there is an event of default. The loan agreements also stipulates that the lenders are forbidden from borrowing against these shares for short-selling purposes at any time.

The Additional Loans have been partially repaid and now stands at USD 4,694,829.

Since over the last year institutional investors actually increased holdings and hyperboy's group increased too now totaling over 2 Million shares, the majority of sellers had to have been retail and short sellers. Based on The Swede's count there must be an enormous short position on the company at the moment. I don't know whether it's a naked short or short against the box but with the collateral share selling theory out the window, it must be enormous. Not to mention the multiple dedicated posters that are simply just doing God's work of protecting the public from the company by repeatedly posting false information multiple times every single day.