Replies to post #134857 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

This should be good news IMO?

Yes it is. If they are converting for $5 then they are basically selling stock for $5/share.

[jyyoo]

I remember you were posting before saying that Fredrik was working with Solomon to possibly restructure the loan, or simply get rid of it completely? What was your interpretation on what they were trying to accomplish? Do you have any updates since talking with Fredrik and what kind of involvement he is pushing for?