Replies to post #144447 on Sino Agro Food Inc (fka SIAF)

[emptyone]

KS wouldn't it simply be better for Solomon to state exactly what the hell his plan is so we can determine the end game (is there is one). Dilution is simply intolerable unless it is a means to something he isn't telling us. So far all I can tell is that he desperate for cash and no one will give it to him while he is running the show. So I have a simple solution for you Solomon, hire a real professional CEO, take a back seat, get your gold watch, resign and enjoy what years you have left. My guess is that you will get your money.

[Redbull84]

Eh? No way they will be able to buy them back later on. They would have sold the shares directly to an institution then, instead they’re selling the shares directly on the market where a lot of retail has been buying.

I think we should stop dreaming, he gave away 50% of the company for 55 cents, if he would stop selling shares right now it would still take a long time to see a share price over $1,5. It’s not like these guys are buying any shares either, even though they have an “excellent” opportunity to do so.
I can’t see why they wouldn’t be allowed to buy shares at this point.

The loan is dead and they’ve already told the market about the TRW dividend so there’s nothing that stops them to adding shares.