Replies to post #140730 on Sino Agro Food Inc (fka SIAF)

[Redbull84]

It doesn't matter much if it's 40M shares or 45M shares, I think the next couple of months could be really good. We will also get news about TRW stock dividend in the Q2 report, but we'll see. It's for sure a positive sign that we're seeing buyers now.

[jyyoo]

Collateral shares: This includes the Trade Facility consisting of 5,708,312 collateral shares, and Third-Party Loans consisting of 2,662,735 collateral shares, collectively that do not hold voting or dividend rights to be returned to the Company upon repayment. The maturity date on the Third-Party Loans and Trade Facility run through September 2019, but the Company anticipates repayment of a portion or all the loan balances as well as a reduction in the maximum Trade Facility line to occur before that time, as exemplified in the reduction of the Trade Facility line from $20,000,000 to $15,000,000 in December 2017.

That is from the 10-K ^^

Even on collateral shares they have to issue dividends which are to be returned once loans are paid off. So they need the cash to pay the dividends even on collateral in the meantime.

So what you said is clearly false.

We don't have a ex-date on the dividend either. Not sure why they didn't just say end of the year or last trading day since that would be the latest they could do it.

This is what Dan last stated: "The company is unable to announce an ex-dividend date until it receives FINRA approval and clearance and we will be providing a formal announcement which we’re right now targeting for Q4 of 2018."