Firstly because it’s a Chinese company that is delinquent. If it was an American company promising to get current the situation would be different.
Everyone is still unsure what the exact terms of the 49% equity will be so that would keep some away.
Since it’s a Chinese company the majority of us don’t know the other parties involved with KWBT. Even doing DD is tough.
So like we all know this has the potential to go to .10 or .20 or higher if the stars align but also to go lower if they don’t. The first sign of the stars aligning and the buyers will pour in imo. Everything has just been too vague up to this point.
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