Replies to post #135356 on Sino Agro Food Inc (fka SIAF)

[ks1977]

I already told Garrett we need to get rid of the note by the next 10-Q. It has to be in the next filing

I don't think Fredly will be happy with the new deal - on paper this deal is way more dangerous than the old toxic loans we have. Mind-boggling that Solomon can enter such an agreement after what SIAF has been through. I believe D'Alessandro to be a man of ethics, but together ECAB and D'Alessandro can take out SIAF and force Solomon out even with his a-shares; ECAB dumps their 5 million shares and D'Alessandro converts his 4MUSD into shares. Solomon gone, and so are we.

Edit; And WTF didn't they disclaim the new ECAB-deal (made July 17th) in the Q3-report? A 20% dilution thrown under the carpet?

[Traderfan]

That won't work because Solomon would be forced to abuse his A-shares. And everyone would lose. He could even go dark.

I'm not saying he has influence of half or more of the company, but he would own half of the company on a common share basis. Actually way more than that since he already owns a ton.

But I can see your point that you guys don't want him to convert of course and for sure for the company and the other shareholders it's the best thing if the loan is gone by the next filing or whenever. I believe it when I see it. It doesn't sound to me as if the company as even close to that big loan but maybe I have missed that part. CFGN now on the ask.