Replies to post #161104 on Sino Agro Food Inc (fka SIAF)

[downthehatch]

It's not "only a plan", it's a proposed settlement in a lawsuit.

The odds are very strong it will be approved, as proposed, if not more favorably to shareholders.


At a minimum, you'll be getting two board members who will be REPRESENTING SHAREHOLDERS.
We have never had that on the SIAF board.
Those new board members will be advocating for every element of the settlement to be implemented.


Don't let your anger at Solomon blind you to the fact that this settlement is the best chance in over 5 years to see SIAF reflect it's actual value.

[modes948]

It is not a promise that one.It is in the agreement and ordered by the court that appointment of at least one new director to happen "immediately".