Kiwa Bio-Tech Products Group Corp (fka KWBT)

[12ka]

On February 10, 2020, Kiwa Bio-Tech Products Group Corporation (the “Company”), completed a debt settlement, and payoffs of an existing variable convertible debt holder, Firstfire Global Opportunities Fund, LLC, a Delaware limited liability company (the “Investor”). This completed payoff eliminates any further stock conversions by the Firstfire pursuant to this debt.

On February 12, 2020, Kiwa Bio-Tech Products Group Corporation (the “Company”), completed a debt settlement, and payoffs of an existing variable convertible debt holder, EMA Financial, LLC, a Delaware limited liability company (the “Investor”). This completed payoff eliminates any further stock conversions by EMA.

if these 2 are paid per 8k,all shares should have been converted long time ago,maybe they just need to be sold into the market?