Replies to post #143444 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Isnt it better to issue new share to garrett to settle the previously toxic note instead of issuing millions of shares and dumping it on the market to be able to repay the note?

No. Because even if they settle it for $1 or $1.50 (a sginificant premium) it would still hold us back the moment the share price comes close to that price. Which seems like a good deal for us now, but you'll regret it later on.

They will repay Garrett in cash. Which is interesting. Apparently they think the money will come from somewhere. Otherwise it would be much easier to settle it in shares.