Replies to post #151517 on Sino Agro Food Inc (fka SIAF)

[Handlamera]

What is your solution snow?
You say that everything SIAF do and have done is wrong, but how should they do in your world?

[RealDutch]

Well, they already explained this in the 10-K.

Also, shares have been issued to professional consultants and agencies for services rendered that were pre-approved by the Company and written into their respective service contracts, some requiring immediate payment and others allowing their shares to be distributed over a period of time.

[Mr. Fister]

That can easily be compensated by giving the extra quantity of shares...
I don't know (in comparison to a regular rights issue/private placement) what they use their money on other than "professional services" "third party payment " etc etc.


"It is not a good idea to receive shares valued at 55 cents when the real value is less than 50% of that."