Replies to post #7235 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[hugh_jackoman]

Translated Milestone PR from company's Chinese webpage give an important detail not in US PR. That TWO factories the company will acquire will be by June 2017. NOT ONE FACTORY BUT TWO!!

Review 2016 Kang Tan biological group company
Kangtan Bio Group (OTCQB: KWBT) is pleased to announce the restructuring since the end of 2016. After the sound of jI-resistant IJ completed the company developed 2016
Year of the business plan.

As of December 31, 2016, the Company has achieved the planned sales of products with a total volume of over 55,000 tonnes and a total of approximately 9 million
Yuan; product shipments and income levels significantly more than the same period last year.

Simultaneously. The company's newly developed products on the steps of the application of the new moon shaking registration certificate for the 2017 sale of a little laid the foundation for market development in the r company in a large supply and marketing partners, Jia Yuan dagger Great Wilderness Company and Hunan, Hainan, Shandong, the river] diaoxiao Xiao business with the company's 2017 plans to launch the lift launched products to promote the application of pilot J for the 2017 new. The product is ready for sale.
To enable the company to expand sales in 2017 the market, the company in Shenzhen, Guangdong Province and the river. It Province, respectively, the establishment of a subsidiary of the two subsidiaries

The establishment of the company will achieve new products in new market sales tasks.
In October 2016, with the Tangshan Ruifeng Technology Co., Ltd. signed a purchase agreement. But because the company's overall management can not be the United States to audit requirements, the company decided to give up the acquisition of the company has been in accordance with the needs of the development of the company has quietly reached the US audit requirements of the standard, Target plant negotiations, plans in June 2017 to achieve the acquisition of the factory.

In order to increase the company's operating capacity, the company also completed the issuance of 1,775,000 shares Xunqi stock, achieved nearly 1.42 million US dollars of financing.
2016 years. After the reorganization of the company has basically completed Kangtan the business plan "intestine Liu Tangshan plant acquisition), the door believe that r in 2017
Year will achieve higher performance.