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Re: price_and_volume post# 34309

Tuesday, 08/18/2020 7:50:37 AM

Tuesday, August 18, 2020 7:50:37 AM

Post# of 40914


Two filings missing, yes. If you think this is another Enron or Madoff, then I assume you will move along to another stock. Fair enough. We all can read the past filings and their PRs and come to our conclusion. Based on the pattern of increasing revenues and large consumer markets they are planning to address, I am holding to see what they update next.

Not sure what your emphasis is on current for. It is a circular argument with the filings not released. We cannot debate the 2020 financials without them released.

The recent PR in April was hardly negative or you can point out the negative part of a PR that concerns you:

"Mr. Man Yun, CFO of Kiwa Bio-Tech commented, “It is the first time that we have utilized bank lending facilities in nearly 20 years. This credit facility will enhance our cash flow and enable us to accelerate production and sales. At present, we have several convertible notes in the United States of America which mature in the current fiscal year and we have started negotiations with these convertible notes holders regarding repayment. We are striving to reach agreement with these creditors and repay these convertible notes in cash by the end of April 2020.”"

https://www.globenewswire.com/news-release/2020/04/08/2013408/0/en/Kiwa-Bio-Tech-Announces-100-Million-RMB-Loan-Program-To-Boost-Agriculture-Production-in-China.html

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