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Re: cwqbcwqb post# 3602

Wednesday, 09/07/2011 3:41:10 AM

Wednesday, September 07, 2011 3:41:10 AM

Post# of 40934
I think you are totally right. In the show Mr. Li told about his expectations of 60 Million RMB turnover with the "KIWA club business" (that' s what you wrote in your translation) However KIWA is reporting zero revenues for first half of 2011. So all revenues from the "club business" (this club is existing already for a longer time) are booked in Kangtan, which is private owned by Mr. Li. So we shareholders of KIWA will not benefit from anything what is happening at the moment. The question is, where the financing, they are talking about in the show, is going to, KIWA or Kangtan??? All just my opinion.

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