Replies to post #138828 on Sino Agro Food Inc (fka SIAF)

[zerohedge]

ref: they should offer at least one dividend the following quarter even if it were 0.02 $ / share and then increase it in the following quarters.

where is this money coming from?????? seriously! where where where where where is all this month coming from? from the company that had NEGATIVE cash at bank of -$3,500,000.00 last December before the toxic "garrett-group" financing????

they ended the year with around $500K at bank AFTER taking the $4MM onto the balance sheet!

you think this is evidence of ability to pay out cash?????? even the "consulting fee" paid for the TOXIC LOAN was paid in MORE SHARES!!!!!!!

after 20 years in the securities business and over 6 years in the PRC doing corporate advisory I can tell you...... there's nothing behind this shell shock except the desire to issue more shares. you are getting screwed.

[Mark-J]

When they announced that they gave assets "worth hundreds of millions" to another company TRW the shareholders should have been paid pretty much immediately.
Them failing to do it is totally dishonest. Adding insult to the injury they now tell shareholders that TRW eats Siaf cash.
That's the most amazing BS ever.
I think that alone is enough to make a case.
Then you add loan sharks and dilution.
Good luck i hope and trust you get justice if you just have smart enough lawyer who undertands the scene there.

[RealDutch]

You should read the risk factors in the 10-K if you have the time. It tells you in no uncertain terms who you have to sue in order to be succesful.