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Corey Ribotsky - a notorious financial terrorist will be executed for justice.
Li Wei's new company will pay so that he and his new company will continue his business in a new way without the threat of American financial terrorist.
Based on public documents for listing Kiwa sister company in Shanghai Stock Exchange
I can understand. The Kiwa stock in NY is destoyed by the American financial terrorist. That is the only way for Mr.Li to get way out of the mess. And he developed all the new business under new company, and will let the new company to buy out old Kiwa and eventually delist from USA.
The company target to list in China in 2016.
Kiwa will be bought out by Li Wei's new company and re-list in Shanghai Stock Exchange.
Li Wei created a new company and that company makes aroudn 10 million dollars profits in 2011. Thei will arrange this company to buy out Kiwa's assets, probably at a price range of 7 million dollars.
It is also amazing that you came back to have a look at this message board although kwbt has zero revenue and the stock is like dead
Ribotsky deserves death penalty. There is no deal.
Better to consult lawyer for appropriate action to get the most based on shareholder's right. Don't expect that will come by itself
The problem is that Li Wei and his team's interest is no longer aligned with other shareholders when they only own less than 5% of the outstanding shares.
It is all about KangTan New Agriculture Corporation.
You may also try Yvonne Wang, she is very friendly. Tel: +1-626-715-5855
Email: kiwabiotech@gmail.com
I agree. If you want, you can give Bob a call. He is in New York.
xxtsc, you are so Childish. How many share he has is nothing to do with any truth we are talking here.
Put it in another way. Now Li Wei has the opportunity to get RMB250 million financing for a business. He would simply create a new business rather than bring the financing to Kiwa where he only owns 4% shares. Does that make sense?
Incorporation is libilities limited. And you only onws your shares of what is put into Kiwa, not anything else.
His American dream has broken, and now he has to restart...
Kiwa is reset ...., just like General Motor is reset. After resetting General Motor, the government get almost all the shares, and the original shareholders only get cents of assets. That is called bankrupt.
Mr.Li has extra assets that just has nothing to do with Kiwa. He can get financing deal for his other company. You can only sue for assets belong to Kiwa on what they have put into Kiwa.
Corey S. Ribotsky's attack plummet Li Wei ownership to 4%.
Simple math: Li Wei used to own 40% of Kiwa's 40 million outstanding shares. Corey S. Ribotsky's converted 0.01 per share to make Kiwa outstanding shares to 400 million shares.
40% * 40 million/ 400 million = 4%.
Now Li Wei will bring in RMB 250million financing. Kiwa is no longer his company, why would he bring the deal to Kiwa?
KangTan invested in Kiwa, not Kiwa invested in KangTan.
So, KangTan own Kiwa.
Kangtai new agricultural Agricultural Technology Development (Beijing) Co., Ltd. ("Hong Thai new agriculture") was established in 1999, has invested Kangtan Biotechnology Corporation (NASDAQ OTCBB in 2003 in the U.S. market), Beijing Science and Technology Development Co., ....
Kangtan New Agriculture Ltd will get the the financing, not the Kiwa. Once profitable, KangTang New Agriculture will be listed in China Stock Market. Kiwa has failed as a company listed in American Stock Market, because this market tolerate the existance of financial terrorist to kill the company.
They create new website for KantTan New Agriculture Ltd, but closed Kiwa website.
They reported zero revenue for Kiwa, but KangTan New Agriculture is profitable.
After the financial terrorist converted a few hundred milllions of Kiwa shares, Kiwa Owner Li Wei only owns a small percentage of Kiwa outstanding shares. Kiwa as a company listed in American Stock Market, it has died.
KangTan already secured RMB 80 million loan from China Construction Bank. But that is for KangTan New Agriculture, not for Kiwa.
Understand? We are overshadowed by the financial terrorist and out investment run away together with him.
You can see how what happen to United Airline and General Motor original shareholders when they go bankgrupt.
Kiwa created a new company named: KangTan New Agriculture, and they start to be profitable now. However, Kiwa's quarterly report said that Kiwa has zero revenue.
We may become irrelevant, it could be a new Kiwa.
American Stock market may become irrelevant. They buy-out USA stocks by paying 2 cents per share. The American share could be reverse-splited into very small amout shares and then issue new shares to new investors.
Kiwa will succeed, but not our success.
The host turned to Li Dong Fang, the acting general secretary of Beijing Agriculture Association about government policy. He said, by 2003, the government has some new policy to encourage biofertlize, and probably Mr. Li is not aware of the new policy and didn't find the way to contact the relevant authorities for support.
Li Wei said that most of that time they only think about source of funding from capital market. Unfortunately, the financial crisis in 2008 plummet the Kiwa stock price from US$0.80 to one cent per share. This is the 3rd time that Li Wei thought about giving up. Fortunately, by that time, they got strong supports from friends, including Xu Xue Chen, and they survived.
Li Wei introduced Kiwas's Club business. The club has 3500 members and is still growing. Each member spends RMB 6000 to get free delivery of vegetables and fruits every week. That is RMB 20 million business. They plan to have 10000 members and RMB 60 million business by the end of 2011. The plan is to reach RMB 600 million busines very soon. After being a farmer for over 10 years, Li Wei said that he started to see the gold.
According Kiwa's implementation of the strategy, it plan to reach 100 thousand club members with three years.
Then the interview come the key topic about funding. The director of China Bank of Construction explained that the RMB 80 million will be based on Kiw's sales contract. The director said that they will release the money to Li Wei so that they can expand Kiwa's business.
Li Wei said that he already have over 150 million RMB contract from Xingjiang province. But he said that Chinese agriculture is a very special business. Its big agriculture clients said that they will definitely buy Kiwa's bio-fertilzer but they will have to pay after they cultivate and sell the agriculture products.
As a venture capitalist, Li Wei also introduced his plan to create an Agriculture Investment Fund.
Li Dong Fang introduced Beijing Municipal Government's new 5 year plan to help Beijing's agriculture business to become profitable and help them to get listed in China Stock Market.
Li Wei continued to comment that: His company plan to get financing for over RMB 250 million.
RMB 250million financing deal -- From Venture Capatalist to Farmer -- a Venture Capatalist's 10 year Road on Bio-fertilzer
This is a TV show where Li Wei talked about Kiwa's ambious business plan, new business model and his 10 years history as a farmer, and he said it is the time to see the gold. During the show, the director of the China Bank of Construction explained the RMB 80 million loan.
This is a fantastic news interview on Li Wei, CEO of Kiwa CEO. There special guests are participated in the interview. They are a manager from small business financing department of China Construction Bank and CEO of an investing fund. Li Wei explained why he is so dedicated to the bio-agriculture for the past 10 years and talk about the RMB250 million financing deal.
The shows starts with the guests'tasting the vegetables and fruits from Kiwa's new agriculture base using bio-fertilizer.
Kangtai currently has two agriculture base. One is in WeiFang, the other is in ShijiaZhuang of He Bei Province, with over 10 thousand acres of land.
A few years ago, the farmers found that the bio-fertilizer is expensive, so they are very suspecious. Only few farmers are willing to try. Those earliers adopter soon find that they make 2000 to 3000 RMB more per acre of land by using Kiwa's biofertilzer.
Kiwa technology center will track the growth of the tomato. First few month, they will take some samples, and they melted it, adding something and then heat it for 30 minutes and then take the sample of the liquid and put it into a instrument to test. Finally, the test results will be printed.
The bio-fertilizer is based on the technology that Kiwa acquired exclusively from China Agriculture Unviersity 10 years ago.
The show introduced the detailed components of the bio-fertilizer. It improve the quality of the food, improve the quality of the land, and enhance the productivity.
The host asked Li Wei that his company must have made lots of money. Li Wei answerd with some reluctance that they just start to make some small money, but they lost money for the past 10 years. Ten years ago, he enter this business as an investor.
Li Wei believed that Enviroment and Agriculture are two most promising market in China.
Hu Xue Chen, CEO of New Capital Internation Investment Ltd introduced about his investment on Kiwa 10 years ago. He said that the fund usually invested RMB 50 million to RMB 100 million to such kind of company. But 10 years ago, when he saw this opportunity for the first time, he rejected to invest because the company is in an infant stage. It is too earlier to invest. But he, as an individual, invested several million RMB to the company.
Li Wei continued that by 2003, his company complement an investment of over RMB 47 million and start to have products. Unfortunately, at that time, they are not successful in the market. It is a difficult period from 2003 to 2005, and Li Wei even though about giving up. This is the first time to give up.
Hu Xue Chen take over the topic and commented that: Agriculture is a very special area of investment. That is an area that needs strong government support for a company to succeed.
Grow in Beijing and Gold below the Ground.
RMB 250million financing deal -- From Venture Capatalist to Farmer -- a Venture Capatalist's 10 year Road on Bio-fertilzer
This is a TV show where Li Wei talked about Kiwa's ambious business plan, new business model and his 10 years history as a farmer, and he said it is the time to see the gold. During the show, the director of the China Bank of Construction explained the RMB 80 million loan.
This is a fantastic news interview on Li Wei, CEO of Kiwa CEO. There special guests are participated in the interview. They are a manager from small business financing department of China Construction Bank and CEO of an investing fund. Li Wei explained why he is so dedicated to the bio-agriculture for the past 10 years and talk about the RMB250 million financing deal.
Really don't know what happened to this company.
Corey Ribotsky - a notorious financial terrorist will be executed for justice.
That is a financing KWBT done a few years ago.
That Website list their clients and financing deals in history, not in the future or on-going financing.
There is no doubts they are about Kiwa, the problem is where will be the money from.
I will be in China for three weeks. Hopefully, by the time I am back, the financial terrorist is already kicked to the hell.
Stop manulipating KWBT with Swine Flu. You did once to create selling opportunity last time. Do you want to do it again and again and again, just because you have loaded enough shares for yourself.
This stock has nothing to do with swine flu.
As far as they didn't give up, the stock price will come back after the financial terrorist is kicked out
As a human being, you have a moral issue, and you really sold your soul and beat yourself down to the floor.
You pump and hail the stock on one day and the second day you announced that you successfully cheat people to buy the shares so that you successfully sell your shares. And now you you want to kill the company and feel so excited as if you make million of dollars by selling your million of shares.
kmx, the collapse of the Wall Street creates a new landscape on the financial market, brought more investment opportunity that is too expensive one year or two years ago. For KWBT.OB, together with Wei Li, we have been losing weight on KWBT. I believe that KWBT will survive and revive, but only if:
(1) KWBT.OB don't raise the total authorized number of shares beyond curret 400 million shares. So far, the limit on total authorized shares technically stopped financial terrorist Corey Ribotsky from converting more notes. So far, financial terrorist Corey Ribotsky get life threatened, but he is not hiding and he is still working hard to kill his clients. This issue will be eventually resolved when financial terrorist Corey Ribotsky is brought into justice.
(2) KWBT.OB must get new financing.
I am in dormant mode now.
Hugh_jackass, congratulation on your selling of millions of shares! Nice job! You must be proud of investment and you must make tons of money.
When you "HAHAHAHAHA", I feel really impressed.
The compound fertilizer business is very promising: Understanding of customer requirement is based on feedback from their bio-fertilzier customers, and they are working with a good partner.
If I remember correctly, they sold $1 million of bio-fertilizer in first half of 2005. To me, that is a scale that we can have some solid data on gross margin. That is the history I refer to. I am not interested in investigating on growth margin on 100 tons sales, whatever the quarter it is from.
kmx_swing, As you know, when they sell bio-fertilizer at large scale (in millions of dollars), the gross profit margin was around 60%. I will not try to dig details on the profit margin for sales of around only $140k. At this low level of sales, profit margin varied significantly, depending heavily on how accounting rule were applied, inlcuding the timing and recognition of the cost. By August 15, we should see Q2 report, and I think the bio-fertilizer sales in Q2 will exceed $1 million.
Thanks.
cwqbcwqb
The stock should turn around by end of the month
where is 1000 tons order?
Accounting only recognize the revenue after product is shipped, not the the time order was received. They received the 1000 tons of order in March, but only part of that order was fulfilled before end of March.
Unique products with limited direct competition
Due to the unique products that we offer and the very early stage of the bio-fertilizer market in China, we believe there is limited direct competition for our products in the Chinese marketplace. We believe that we have product differentiation and cost advantages (cost to customer) that will enable us to be more profitable than our competitors, in terms of profitability, for the following reasons, among others:
· Highly effective in boosting crop yield and quality while being environmentally friendly;
· Lower price point and higher return on investment to end users; and
· Complimentary to existing use of chemical fertilizer which will help minimize switching costs for end users.
Up to now, we have finished the due diligence and asset appraisal of Huaxing.
The annual report stated:
On December 18, 2007, the Company signed a Letter of Intent with Shijiazhuang Huaxing Animal Medicine Co., Ltd. (“Huaxing”). Both parties agreed that Kiwa will invest in Huaxing and transform it to a Sino-foreign joint-venture company through expansion of Huaxing's capital. Kiwa will control a majority of the new joint-venture's equity. Up to now, we have finished the due diligence and asset appraisal of Huaxing.
Gross margin of biofertilizer is over 40%.
The 1000 tons of biofertilizer sales in March could have a gross margin of 50%, or generating a gross profit of $500k.
As sales increases, we will see further increase of fertilzier sales gross margin