Kiwa Bio-Tech Products Group Corp (fka KWBT)

[operating_line]

August PR promised to keep the lights on

"The Company currently plans to release its first, second, and third quarter quarterly reports at the same time."

We need updates ASAP on:

financial reports to regain compliance
past convertible debt issues
cash management to handle commercial notes properly
announced restructuring operations

https://www.globenewswire.com/news-release/2020/08/25/2083072/0/en/KIWA-BIO-TECH-PRODUCTS-GROUP-CORP-August-2020-UPDATE.html

Could Kiwa Biotech be restricted in issuing new shares to Chinese investors without first regaining filing compliance (losing the delinquent status) and hopefully establishing a reasonable market value?

Last filing on June 1st. Next week, Dec 1st, will be 6 months waiting for a filing.

https://www.investopedia.com/ask/answers/08/company-misses-financial-statement-deadline.asp