Replies to post #141058 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

The sad thing is that Solomon didn’t even bother to resssure investors that in no way is he going to dilute in case the shareprice falls below a certain price.

Perhaps you remember 2014 when Solomon said they didn't have a plan B and would have to dilute going forward. And then suddenly came the ECAB loan out of nowhere.

It is my impression that when Solomon doesn't feel the need to lie to or mislead investors, he has already resolved the situation. They will tell us what they want the business partners to hear.

So in case we fall to 20c he still goes ahead and issues 25M shares diluting almost 100% for $5M and if you take into account the dividends for about $1M?

This absurd pessimism is going to end today. Right here, right now.
Yes, they screwed up. Yes, they are diluting. No, they will not issue another 25M shares. They would have done it already for the collateral shares.