Kiwa Bio-Tech Products Group Corp (fka KWBT)

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As i said before, being conservative, i dont pay attention to the current outstanding shares, i pay attention to authorize shares with penny stock as these companies tend to increase outstanding shares through convertible notes.

So KWBT has 300 million shares authorize. Thats the maximum. Worst in case, if all has been issued and outstanding shares goes up to 300 million, the market cap of the company if pps goes to .01 cent

This would equate to 3 million market cap so KWBT will be grossly undervalued.

I think that note conversion is not complete yet but almost 1 million$ plus has been paid of if the average selling price is .025.