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Sino Agro Food, Inc. (SIAF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.0390-0.0039 (-9.09%)
At close: 01:57PM EDT
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  • D
    David
    I am excited about the dividend payments
  • j
    jack
    I can not find any news. Why is this going up?
  • B
    Brian
    this will be moving very soon
  • D
    David
    Any thoughts on why we ranked today? When will we receive shares of Triway. I have attempted to find his out, but to no avail. Any help is appreciated.
    Thanks!
  • D
    Daniel
    Cash dividends, share dividends, book value of $15.60, come on yall we should be trading at like $20 not 45 effin cents.
  • Z
    Zach
    Tri-Way is distributing shares to SIAF holders in exchange for canceled debt.
    Very good news!

    http://www.sinoagrofood.com/sites/default/files/Tri-way_share_distribution.pdf
  • B
    Brian
    in the er I think we're heading in a positive direction, we should be back to .50 soon. thoughts?
  • Z
    Zach
    Last full week to to load up on shares before the Tri-Way share distribution. You will receive 1 share of Tri-Way for roughly every 2.7 shares of SIAF you own. Tri-Way is giving SIAF 18,300,000 to repay an agreed $62,338,065 USD. That's about $3.41 per share worth of repayment. If SIAF owners receive 0.366 shares of TW per share of SIAF, that would be a repayment of just under $1.25 per share of SIAF owned!
    So if I have all that right, this is a valued dividend of $1.25! Why are we trading in the 40 cent range???

    Record date: 10/31/2018
    Payment date: 11/14/2018
    Ex Div. date: 11/15/2018? (FINRA has to give official announcement, normally a week or 2 before the payment date)

    http://sinoagrofood.com/sites/default/files/Tri-way_share_distribution.pdf
  • A
    Anonymous
    No movement for 2 days ... thought it might be haulted. But it’s moving again! I was thinking there must be some really good news coming out because of the huge run up last week. It was at .06 all the way to .13+ ... something good is driving it up!!! Here we go!
  • D
    David
    The case is HangRen vs. SIAF-- here is a link to the court page, with records of all the filings. The settlement is EXTREMELY favorable to shareholders, and will end dilution, and force the company (SIAF) to distribute shares in its subsidiary, TriWay Industries, to SIAF shareholders. Get in before the settlement is finalized in October.
  • D
    David
    The company agreed to a settlement in a derivative action lawsuit. Press release is on the company investor relations page: http://sinoagrofood.investorroom.com/
    Sino Agro Food Investor Relations - Investor Relations at Sino Agro Food
    sinoagrofood.investorroom.com
  • F
    Fred
    Is this co. going under?
  • A
    Andrew
    .50 next week
  • B
    Bob
    I am amazed this fraud has not be delisted.....
  • B
    Brian
    are we expecting positive news Friday?
  • M
    Mr.Red
    They went from OTC to pink slip yesterday.
    My trader said it was because they had not provided quarterly report in time.
    what does that generally mean?
  • M
    Mdm
    what is up with this company, what am i missing, sales of 133million with a market cap of 4.5million, don't get it.
  • B
    Brian
    what is going on? hopefully January will see some upward movement
  • S
    Soopa
    How can we figure the value of the triway shares (or share fractions) we will receive for each siaf share we hold?
  • R
    Rutty
    what a scam... holla
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