Replies to post #150169 on Sino Agro Food Inc (fka SIAF)

[ks1977]

Might be - the real question is how Solomon can defend to spend money on CA and draining SIAF for cash that SIAF doesn't have...

First he needs to dilute to pay for the services, destroying more value (permanent) than what is gained (the profits where rather low this quarter as well, btw), then he needs to give some shares to them as well (at "fair" value, but the PPS is lower because of the dilution). And lastly, his compensation scam give him more shares the lower the PPS...

We are hit at least threefold for this idiotic "business" (spending money on CA now - unless TRW pays upfront - isn't business)

[zerohedge]

last I checked - consulting to yourself isn't revenue!