Kiwa Bio-Tech Products Group Corp (fka KWBT)

[maz1978]

Its a combo of scare tactics from day traders trying to re-enter and some emotional nervous longs that are having a hard time handling the current red. It all just comes down to the remaining debt however. The current AS should be more than enough to handle anything remaining without the need for a reverse split. The company is cash flow positive and with the amount of assets they have on the books they should have NO need for convertible financing in the future. In a recent update put out they expressed that if any additional financing was needed it would be under traditional banking terms. That is great news for share holders.

The company has been stating that an 8k would be out within a few days addressing the convertible debt. If the 8k shows the debt being closed out this thing will explode...if it hasnt been closed out then atleast the 8k will let us all know where things stand.

We should be nearing that light at the end of the tunnel very soon imo