Hi Scherzman, 17 Mill. Shares? You are crazy, top or flop lotto? Good luck! Den Totalverlust scheinst Du in Kauf zu nehmen?
As of December 31, 2010, the remaining balance due Mr. Li was $2,710,605. Pursuant to a letter of commitment dated December 31, 2010, during the six months ended June 30, 2011, Mr. Li advanced $1,042,069 to the Company and was repaid $655,403. As of June 30, 2011, the balance due Mr. Li was $3,097,271. Mr. Li has agreed that the Company may repay the balance when its cash flow circumstance allows.
Why pay Li money, when Kiwa going bankrupt? I do not believe it.