Replies to post #143967 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

You mean the A/S? Probably not.
Perhaps they will do it at a later stage. Although getting the collateral shares back would resolve it for the next few years.

[zerohedge]

their debt holders have a clause in their contracts that require them to continuously bump the authorized shares. as it goes lower, they bump the authorized faster and faster. exponentially more shares issued as it plummets. remember that as of today, the pre-split price is only two point eight cents. this is a scam penny stock for certain. sell and just watch people twist in pain as the almighty prawn finger mc'scamster keeps flowing shares to the market with effectively no underlying business. no customers, no harvests, no salespeople, just a self appointed financial wizard and his trust american who helps him keep the books cooked for their paid-off chinese auditors who report it as solly solly solly wants to see it.