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Re: None

Tuesday, 05/15/2018 3:28:30 PM

Tuesday, May 15, 2018 3:28:30 PM

Post# of 40914
im not too impressed. They continue to issue shares like candy (~10% dilution in q1) and cant generate much net income from operations. Would they generate these sales without share issuances? consultants? What are their profitability targets? net income was only about $50K. the only time the eps was significant is when discontinued operations. I still support the company but come on....

Yvonne Wang, Chairman and Chief Executive Officer (CEO) of Kiwa Bio-Tech stated, “We have started this year with a solid performance in the first quarter. The demand for eco-friendly microbial fertilizer remains strong in the principal crop planting areas in China. We believe the first quarter result improvement is an important indicator of the progress we are making toward achieving our profitability targets and long-term goals. We are excited by the opportunities our strategic plan presents for the remainder of fiscal year 2018 and thereafter. We will continue to concentrate on the development and distribution of high-efficiency fertilizer products and development of markets for soil restoration.”

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