Replies to post #137172 on Sino Agro Food Inc (fka SIAF)

[ks1977]

Everything is connected to the loan :-(

The only other explanations I can see to why they haven't had the CC yet is that they "forgot", i.e they are to scared (or annoyed) by the pissed of shareholders so they've decided to piss us of even more! lol Maybe they WANT to be sued so that they have an excuse to delay everything even more and/or go dark?

Well, I still believe that Solomon's intentions are to distribute the TRW-shares and start with cash dividends. The question is when (and how much dilution and horrible deals we have to endure first). Everything that SIAF does (including bad deals) points to that they have believed that the loan is right around the corner, so I'll put the cash-dividend-carrot in the 10-K + the delayed CC in the "the loan is right around the corner and then we can take care of those pesky shareholders" box.

[aandt]

There is nothing official linking the CC to the loan, but it does sure seem like they could be linked. Never before (at least not in the past 5+ years) have they not had a CC. Usually they announce a date that is 2-3 weeks out from the report. This time they announced no date, but said it would be in the beginning of May, and would announce the date when it gets closer. They had a placeholder date, but that didn't happen. It sure seems to me like their intent has been to have the loan in place for the CC. But this is completely my own theory/speculation.