Replies to post #135205 on Sino Agro Food Inc (fka SIAF)

[aandt]

A big thank you, for clarifying and for stepping up to the plate on behalf of shareholders

[TheNorwegian]

they are running a 700 million $ company with less cash on hand than a minimum wage worker earns in a year.

So of course they need convertible notes every now and then.

A little drop in beef prices and the old shareholders are completely out of the company.

[snow]

"Those mentioning 10 and 15 million shares are not “ in technical “ terms incorrect or off base." I regard this confirmation as very alarming. It shows that my interpretation and that of RD was correct. We are totally at the mercy of Garrett. What is incomprehensible to me is that he demands such unreasonable terms and at the same time tries to convince us that he is a reasonable man. If the latter is correct the terms should be amended to reflect it.

[RealDutch]

what matters is those levels of shares should not be occurring.

But they do.... this is the reality.

You are destroying this company. You, and that idiot Solomon.

[andrewflying]

I am grateful that you stepped up. I certainly hope that the pps can withstand a short attack or a malicious hedge fund manipulation, considering the possible conversion price and possibility.

[soroi]

"There should be low concern about the speculative amount of potential dilution". This is a joke. This is our money and our life. In worst case you give away our company and you say that we should not be worried? Some of us have put years of savings into this company and i understand that you suffer too, but this dillution have to stop. If you don't have the money to expand, then don't expand. Just don't wipe us out of the company.

Thanks for taking time to communicate with us.

[Agnes_1]

Thanks for the info!

[emptyone]

Obviously GRDTRI is Garrett, and bravo for your candor and integrity, we could use a good dose of this on the board and and frankly and frankly better management which I trust is coming to Triway.

[CharlieLittle]

The loan remains open and no shares have been issued.

First of all, thanks for taking the time to shed some light over this whole situation. This gives some comfort in these troublesome times...

Unfortunately, the above quote actually makes me more worried.

The convertible note in the filing was due in Feb so I guess the only way the loan can still be open is if a new convertible has been issued...

If so, my guess would be that there is no floor on convertion price this time as well?

And the fact that no shares have been issued is not that comforting since conversion can take place any time until October.

[aquaculture]

Amen. And just like I said. And you could have walked away.

We are lucky to have a shareholder who can contribute, and it's different to include terms vs acting on them.

The frustration of losses is hitting all walls, and paranoia is well reasoned.

Your investment and pps will still depend on management adjustments imo. RD would be a good part time advisor, you should connect..