Replies to post #135989 on Sino Agro Food Inc (fka SIAF)

[Handlamera]

Maybe zero is right. If the most informed convert for 3usd per share, pre-money, it is no surprise that we have no sellers today.

[ks1977]

My interpretation is

Interpretation or speculation?

The Company and the note holder entered into a restructuring agreement regarding the settlement of the Note 1. Both parties have agreed to restructure
the indebtedness represented by Note 1 as follows: (a) SIAF issues 5,196,333 shares of its common stock and transfer 400,000 shares of TRW to the note
holder; and (b) SIAF executes a new promissory note in the principal amount of $15,589,000 to the note holder to be paid in installments over a period
of time. However, both parties remain open to negotiate an all-cash settlement of the Note 1.