Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Szechuan20]

I read the Convertible notes and referenced the payoff/conversion to the Footnote 14. All the convertibles are paid current. The remaining O/S debt is as follows as of 5.29.20:

$143,145 payable to Mr. Geng Liu, conversion price $.90 - won't happen

$787,294 payable to Mr. Zheng, conversion price $3.50 - won't happen

$940,250 payable to Labrys, Due 8.5.2020

$153,000 payable to GRR, Due 4.7.2021

$135,000 payable to Morningview, Due 10.7.2020

All other convertibles are paid off as of 5.29.20, the date of the Auditors Report!