Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Puma31]

Yahoo poster posted this from Ms Wang - take it for what it’s worth


Hi ...,
I totally understand your worried and concerned and I will try to answer the questions you might have.

1. We decided to postponed our manufacturing building project was due to the shortage of cash and the pandemic happened in the beginning of the year. However, we do have enough capacity of the production for 2020.

Please referred to the news on December 2019:

http://kiwabiotech.com/kiwa/kiwa-bio-tech-announces-expansion-of-fertilizer-production-capacity-to-300000-ton-per-year/

2. Our total sales plan for year of 2020 is 200K tons, divided to 2 (1q): 2 (2q): 4 (3q; the hot season) and :2 (4q)
So far, we had shipped 40K tons and expected to increase on 3q.

3. The loan-program work slow than we expected, but it gets better and the farmers like our product. The Agreement with Shaanxi Agricultural Credit Financing Guarantee Co., Ltd. for the loan-program started on July 22 and the Agreements with banks need to wait complete the 3q shipments than bank would fund the loan to the farmers to pay the company.

4. I personally believe Kiwa has a “distinctive” products, because its unique "Microbial Flora" and compare to the current market condition.

5. The management is trying very hard for the Company to survive in this difficult timing and I believe if we get the investment successfully at this time (mentioned on the news release today) we can lead the industry in the nearly future.