There are lots of unknowns here but the bottom line is before the covid racket KWBT was growing fast. $40-$50m in 2020 was likely to happen.
Here we are at a $2.8m market cap, gaining on a year since the virus first hit China. Their economy is rebounding.
The soil remediation market isn’t going anywhere. So ask yourselves with the economy returning to normal and people returned to work is this an undervalued stock? Will you be able to buy KWBT cheaper in January than you can right now?
The company is having some funding issues so they’ve told us yet they haven’t taken out another convertible note. They’ve stayed clear of toxic financing during this financial struggle. That alone tells me the direction management wants to take this company.
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