Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Ronin]

KWBT should pop SOON! AMAZING chart! Financing news coming!!!


Chart ready to RUN!!!!! Update to financials should be out any day!

https://www.tradingview.com/symbols/OTC-KWBT/

"While there are no guarantees as to the success of these efforts, the Company now believes that additional bank funding will be available to the Company prior to September 30, 2020 and that certain Chinese investors will fund the purchase of new shares of common stock in the mid-September time frame."

https://www.otcmarkets.com/stock/KWBT/news/KIWA-BIO-TECH-PRODUCTS-GROUP-CORP-August-2020-UPDATE?id=271793


Also...

https://microcapdaily.com/bulls-take-charge-of-kiwa-bio-tech-products-group-corporation-otcmkts-kwbt/126423/

The numbers here are impressive; Total revenue for the fiscal year ended December 31, 2019 increased by $9.4 million, or 31%, to $40.1 million from $30.7 million for the same period of last year. More sales are achieved for most of our four product lines in quantities are due to the good quality of our products and more reputation gained in different regions of the PRC, such as Hainan Province, Guangdong Province and Shaanxi Province upon establishment of our sales channel in different regions. Gross profit increased by $1.1 million, or 13%, to $9.3 million for the fiscal year ended December 31, 2019 from $8.3 million for the same period of last year. Gross margin decreased by 4 percentage points to 23% for the fiscal year ended December 31, 2019, from 27% for the same period of last year, due to higher retail profit margins.