Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Szechuan20]

The A/R for 12.31.2019 was 7.1 million and 6.9 million for 2018. The A/R was converted to Notes Receivable, collectable within less than 12 months. The Audit firm did not have any footnote disclosure about the Notes Receivable, clearly a huge mistake by them. I contacted the audit firm about 10 times, never getting a response on why they F'd up. I started sending emails to random audit partners in multiple cities telling them about the error the New York office created for their CPA Firm. I also notified the SEC and PCAOB. I received a call from the SEC, 4 OF THEIR attorneys were on the call with me to get the details. I think Friedman CPA Firm was terminated because of this disaster.