Replies to post #44398 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

I hardly visit this forum so maybe someone else has already posted this, but i cannot see a FN listing happening as long as the company keeps diluting.

You are "only" number 4 to point this out in the past 24 hours or so. Let me say clearly that it is only part of your imagination (all 4 of you). The company complies with all SEC regulations. Therefore there is no reason for Penser to question SIAF's way of financing. It is something WE have to deal with, but that's a different matter. In FACT, Peter has already said that the financing "issues" is not the reason for the hold up. To which I responded, "I think he is correct".

[Lucky Loser]

If you work in the financial sector, then you s/know better.

NASDAQ-OMX has no problem with companies who wish to fund their ops or cap-ex with shares. Why the hell else are shares issued in the first place? Under your condition, any company issuing shares would be forbidden to list.

All that they require is to have any O/S increase reported within 24/48 hours as opposed to the SEC, which only require quarterly updates.

Actually, this regulation comes from the Swedish Financial Supervisory Authority. It's not even an OMX rule, it's just OMX ensures that its members are compliant.

[nefariouswu]

In your opinion, has Solomon committed fraud or not?