Replies to post #139629 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

KS, the reason why I feel that the dumpage could end soon is because all of the shares issued the past 2 months were settled for $0.55. IOW, they had 2 months already to clean up the mess, force TRW to repay some debt, etc. And during this period they announced a cash dividend policy. Which of course could be a really desperate move, but still.

[phoenike]

Does he have some new compensation or are you refering to the old one 360000/pps? But he must stop printing otherwise it's a proof he just gave us divident to get pps upp to get more for the dilution? You simply doesnt give divendent and fund it by printing shares, that would be the most stupid this i heard if they even consider that and if ppl around him think it would be ok.

[modes948]

Dumping is a real issue

That is why some of us were asking for a share buyback plan.It would guarantee that the company would stop dilution and having the opposite effect in case the price stayed low.That is spend just 2% of book for each share.
Solomon and Dan were talking about it even having that OTC announcement that it was No.1 in their priorities at the AGM.Then Solomon decided to just announce a dividend for obvious reasons.He could keep diluting starting with about 1 Million within hours of the announcement.