Replies to post #135374 on Sino Agro Food Inc (fka SIAF)

[emptyone]

GRDTRI, Could you at least tell us what they used the proceeds of the Note for?

[RealDutch]

I don't know your situation or how much you want to get out of it. But one option would be to convert half ($2M) for $1.50. That seems like the obvious price to me because it was supposed to be the bottom price.

Turn the other $2M into an ordinary loan, promissory note, or whatever you have. You should be the expert on this. If you don't need the money immediately, that is.

I understand it's the company's fault. But we simply can't have this toxic note outstanding on a $600M net asset company. And the main reason is, the crowd doesn't know it's a friendly loan. Even if it is a friendly loan, I don't think it is acceptable.

You are up to your neck in this investment already. So that's what I would do.

[Traderfan]

Please know I want to get repaid half cash half shares or something fair to both sides. But it is not something I can force , so it might take the company longer. Does that make sense what else can I do ?

I assume you mean repaid half in shares with the toxic discount and not at 1.50 per share. What do you mean when you say you can't force that?

[andrewflying]

Could you please consider to convert partially to TRW shares with 35% discount directly?

[Martin79x]

GRDTRI,

I know that you have lost more than most of us on siaf but please keep in mind that a lot of us here have lost a big portion of our lifesavings. Our only hope is that siaf somehow can get their business and finances in order.

Since becoming a majority owner you now have a big responsibilty to the rest of us. My hope is that you will work with the interest of all shareholders in mind. Do that and you will become our hero.

I hope you are in close contact with solomon, guiding him on what to do.

Thank you