Kiwa Bio-Tech Products Group Corp (fka KWBT)

[hugh_jackoman]

I think the shares are probably in strong hands because shareholders actually voted against allowing more dilution in 2009. Have you ever seen that happen in a sub-penny stock before? It's also extremely positive to see the CEO continuing to inject capital into the firm without any formal agreement except to repay when cash flow circumstances permit. Is that a sign of confidence? His balance now stands higher than the NIR debt. There must be some disconnect with the current valuation if he ever expects to be repaid.

As of December 31, 2009, the remaining balance due to Mr. Li was $1,693,036. During the three months ended March 31, 2010, Mr. Li advanced $353,822 to the Company and was repaid $439. As of March 31, 2010, the balance due to Mr. Li was $2,046,419. Mr. Li has agreed that the Company may repay the balance when its cash flow circumstance allows.