Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Szechuan20]

I am a 25 year CPA who has audited much larger companies that KWBT. if you look at my post 30980, it lays out the remaining convertible debt plus the $360,000 note payable as outstanding with a Default Judgement of almost $4,000,000 owed to Firstrust group. I don't see the creditor taking a large discount to settle their debt.

All convertible debt is currently being serviced with future due dates and I fully expect management to use Cash to pay them off at maturity!