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This is a patience play. There isn’t a timeline on it. It’ll go when it goes.
The partnership with the Rong investment group has been in the works since October 2019. Everything KWBT is thought out so far in advance. Their plan is coming together imo.
Mr. Wei Rong expressed the high appreciation and also stated "The Rong's family has a famous brand called "Xiangxian", and has an enormous market network domestically and internationally. The agricultural produce under Kiwa's Trinity Model of harmlessness can completely enter into the Rong's family's market network. In addition, Rong's Family Investment Group is discussing all-round strategic cooperation with Kiwa and hoping to implement the cooperation as soon as possible."
2018 revenue $52m, 2019 revenue $52m, covid riddled 2020 will be approx $20m.
What is 2021 going to bring us? China is back to work, their economy is booming and we have an acquisition/merger/partnership being ironed out.
No reason we can’t see $100m in revenues in 2 years.
.15 isn’t even a stretch.
Agree. There is no more convertible debt and cash flow no longer an issue. This PR is a bigger deal then people are realizing. Imo.
Sky is the limit here with a little patience after reading over this news.
News sounds awesome to me. Happy I’ve been adding some lately at these bottom prices.
It will be much more then Ihub money pouring into this stock when the run starts. The next 2 Qs could possibly take this higher then anyone is expecting. I expect a very aggressive post covid revenue recovery for ZHUD.
The main reason I believe the company has been silent is because of the 5% holders selling. I don’t believe that ZHUD would be allowed to release PRs that would bolster the SP and allow insiders to sell at higher prices. Could be wrong.
Look, here we are trading in the .003s. This company was pulling in revenues of $30-40m annually before covid. This is the OTC kid. If these prices, based off of pre covid numbers, don’t scream undervalued to you then have fun ever making it trading.
A legitimate company like KWBT can not be valued by 2020s numbers. This is a blip of the radar. As frustrating as this year has been I’ve been buying these levels.
Hopefully these guys are more honest then last Chinese Co we were in touch with lol.
I think it could be a month or 2 but I don’t like timeframes. I think you find a massively undervalued stock. Buy as much as you can while not worrying about selling and wait it out.
How big was it
This isn’t one to worry about. It’s not a matter of “if” here just a matter of when it’ll pop.
The issue here was Covid. This company was growing super fast and had incredible revenues. It was almost impossible to guess the impact that this damn virus would have.
Can’t believe I am thinking about taking a huge loss here. Never thought the company would just go dark.
I know it’s going to run so I’m adding a bit every day. No big amounts, 60k today. Who knows how many more tomorrow. We will have our day here.
This has no business trading under .10. It’ll get there in a few months imo. Float is so tiny here it’s about as locked as it gets i think.
This is so thin it’s unreal. Where are the buyers at today.
Come on fill me at .0185. :)
I got the same undeliverable message from gabby and the CEOs email this evening.
Impressive amount of confidence/shares.
I am bidding .013s. Soon they will be .13s
Will be buying more shares here. They maintained profitability through Covid and have almost no liabilities. Not much more time before this goes up biggly;)
What a POS this has turned into. Management of not completely crooked are at very least completely incompetent.
I’m not understanding what is in this stock at this point for someone to try and hold down. What I mean is the volume is anemic and the ask is so thin no amount of shares can be bought near the lows. I don’t think we are seeing any manipulation just lack of interest.
Any breakouts are met with people that want out and there’s not enough behind the buyers to keep any momentum.
It’s all very weird to me with this stock being so insanely undervalued.
There are lots of unknowns here but the bottom line is before the covid racket KWBT was growing fast. $40-$50m in 2020 was likely to happen.
Here we are at a $2.8m market cap, gaining on a year since the virus first hit China. Their economy is rebounding.
The soil remediation market isn’t going anywhere. So ask yourselves with the economy returning to normal and people returned to work is this an undervalued stock? Will you be able to buy KWBT cheaper in January than you can right now?
The company is having some funding issues so they’ve told us yet they haven’t taken out another convertible note. They’ve stayed clear of toxic financing during this financial struggle. That alone tells me the direction management wants to take this company.
Won’t be much longer here. Mid November we will be .03-.04 imo. The technicals are a screaming buy.
Absolutely right.
I agree Red! I think there’s been a few things maybe misinterpreted here. Management being in China, maybe some stuff lost in translation. They said “selling shares to competitors...maybe should of said joint ventures or partnerships. We are fine here imo.
Thanks for sharing. That is the clarification that I was looking for at least.
I wouldn’t bank on it being good news.
When the company talks of funding issues, are delinquent in filings AND talks about restructuring the SS it causes one to think.
I added more at .0065 but that’s as low as I’m averaging down. This isn’t the “slam dunk” I once thought it was.
Could go either way but I am inclined to believe bankruptcy is at the very least being discussed.
Doesn’t sound good.
I assume that small amount of restricted shares are for employees since funds are none existent to pay them.
The pps is .005~ bc the company, if nothing else, has no no trouble telling investors about their funding issues. We have no money. We can’t even produce fertilizer without money.
Anyone buying right now should be aware of how risky this currently is. One PR could send us into pennies but also one could take us to no bid.
Covid-19 has temporarily wrecked this companies demand and ability to produce product. I’m still holding but realize how risky it is.
Now we’re talking! Let’s make it happen
Like what I’m seeing here!