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RealDutch

09/29/12 10:45 AM

#19648 RE: slyestjester #19644

Personally I think you made a very good point. And it shows good thinking. If Solomon starts dumping stock in January after an uplisting in Sweden, as he did in 2012, then he could easily destroy that market - the one thing we have going for us as far as the share price is concerned.

People should read some of the comments on the other message board. Some simply don't understand who is doing all the selling, and why!
This is very damaging by itself.

If economic conditions in Europe get worse then we could find ourselves in trouble even after we uplist in Sweden. Without a bond offering, that is.
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treit2002

09/29/12 11:11 AM

#19653 RE: slyestjester #19644



Maybe I misunderstood what you meant, but that is because I read what you said. I get what you meant as explained; it was ambiguous before.

Regardless, you don't want to see a listing in Sweden unless there's a coincident bond offering, even though you think the shares could fall back to double or triple where they are now?

That would cut in half or a third the final number of shares to finance expansion, if needed.

Solomon is not going to turn down a bond offering. If there is none forthcoming, but a listing in Sweden is available, of course, he'll go forward with that. As he should.

Share issuance of a dual listed company on the verge of being cash flow positive and at upwards of $2 per share is entirely different than what has transpired in the past. For one thing, it does not necessarily have to be sold into weak hands. For another, the ROI on the limited extra shares will surely increase eps, perhaps dramatically; quite obviously, 5x better deal than Ironridge.

Different deals are available to companies at different maturity levels. Guess we'll see how SIAF is maturing in the coming months, and what developments ensue to fund growth.

No matter what, the future financings will be better than the past, if for no other reason than earnings are better, NTA is better, and the cash needed is declining/ending.