Replies to post #148587 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

It might be that SIAF were able to bypass FINRA by having TRW distributing the shares, but to me it is mind-blowing if SIAF is allowed to distribute >>100% of market cap without any PR that the ex date is passed.

It isn't that obvious. But people need to understand that you can't find any information - not on the FINRA daily list, not on bloomberg, not on the OTCmarkets website, not on any website, about this distribution for the simple reason that it hasn't happened yet on OTC.. The ex-date (and record date) has yet to be announced by FINRA. And it can't be set in the past.

If SIAF was really trying to bypass FINRA on this then they didn't have to go through all the trouble of announcing the Record Date and the Pay Date while excluding the Ex-date. They could have simply told us that you qualify on Oct 30. But they didn't do that...

[zerohedge]

oboy oboy oboy oboy!

each distribution share is valued by the company at USD 3.40645

and their common stock on OTCBB is "booked" at $20 but they sell it for $0.30 cents!

so they sell the new scam, by virtue of the old scam, toxic conversions and common share sales....

yup.... drumroll... triway is "worth" around $0.03 cents!!!!

that's their opinion and they validated it TWENTY MILLION TIMES this year alone through more common stock sales!

glad I waited!!!

"at these prices" I get my $0.03 cent triway distribution that is magically worth $3.40 so the immediate capital gain is 11,300%!!!!!

and that's why "institutional (smart) investors" converted and sold TWENTY MILLION SHARES OF OTCBB STOCK this year.... because smart people love losing?

NO.... SMART PEOPLE KNOW BETTER THAN COMMON OWNERS AND THEY GET OUT AS FAST AS POSSIBLE!