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ks1977

04/25/18 2:36 PM

#136025 RE: modes948 #136022

What is strange in this whole mess is that Fredly is very angry and disappointed, whereas Garrett is very easy without too many concerns


How long has Fredly been a shareholder? Garret has been for ages and have also had the "this will take time" attitude from the start (or so I assume). Fredly might not. Also, Fredly is a "small" shareholder who has been diluted like the rest of us (Garret as well, but at least he got a sweet deal).

jyyoo

04/25/18 2:46 PM

#136028 RE: modes948 #136022

I don't know whether it is true but as has been mentioned before, there were many rumors and lots of evidence pointing to the fact that Fredly was/is short shares of SIAF. I have spoken with Garrett but have never spoken with Fredly. I believe the company intends to clarify and put a cap on the outstanding share count once and for all once they get the proper financing we have all been waiting for. They are aware of shareholders concerns (the extensive details within the 10-K addressing many unanswered questions should be evident of that) and obviously once a permanent cap on the outstanding share count is done this would appease current shareholders and new prospective investors (particularly institutional investors) significantly improving the share price.