Replies to post #26791 on Sino Agro Food Inc (fka SIAF)

[Andrew26]

The best strategy must be shorting SIAF to death into every tiny pop and then make deal with Solomon. Rinse, repeat. I wouldnt be surprised if thats the MBAY case.

[The Swede]

I see financing by issuing shares as a last resort once listed in Sweden.

At present, the board of directors has no plans to issue the additional shares of Common Stock authorized by the Amendment.

But their past predictions has not been in their favour.

http://www.sec.gov/Archives/edgar/data/1488419/000114420412069193/v330796_def14c.htm




I do also find this part interesting -

We could also use the additional shares of Common Stock that will become available pursuant to the Amendment to oppose a hostile takeover attempt or to delay or prevent changes in control or management of our company. Although the board’s approval of the Amendment was not prompted by the threat of any hostile takeover attempt (nor is the board currently aware of any such attempts directed at us), nevertheless, stockholders should be aware that the Amendment could facilitate future efforts by us to deter or prevent changes in control of our company, including transactions in which our stockholders might otherwise receive a premium for their shares over then current market prices.

It might be a standard frase, don't know.