Disappointing you did not give us anything specific after stating you visited Yangling recently.
I have never been to China and interested in your eye witness perspective of things in Shaanxi with your confidence in the company. Otherwise, I do not think investors can consider your post to contain anything to go by and which comes when the PPS is near bottom. For me that is a warning to be cautious of your post on your visit.
I posted references to filings, PRs, news articles, etc. to support the investment thesis that make sense to me (e.g. https://www.futuredirections.org.au/publication/soil-carbon-restoration-can-biology-do-the-job-part-three/). I am invested here based on past proven growing revenue trend in important growing markets and PRs that suggest positive developments in the future in huge markets. In addition, the PPS is now deeply undervalued by historical trends.
With respect, Chinese Moon holiday may apply locally but the OTC stock market is open and KWBT has been tanking. We have been waiting all year to hear on a resolution and need specific updates on cash flow and past convertible debt (no follow up on April 8th PR with regards to 2020 notes was given). Website issues are low down on the priority list compared to these points. I will be holding my position past the filings release and can take multi-year perspectives but I think management should inform us as soon as there is progress made. If they were not delinquent, I assume they would need to update within 4 business days. I have no idea if they need to do that when delinquent but I would hope they could continue to do so for shareholders. Otherwise, it seems they are currently without cash despite the August PR.
Shaanxi province also has China Green Agriculture and the stock CGA is also languishing at lows. Any thoughts on the competition with Kiwa Biotech?