On December 4, 2019, the Company engaged a firm to act as a business development consultant (the “Consultant”) for the Company whereby the Consultant will prepare and assist the Company in raising approximately US$20 million. The Consultant will attempt to recruit a lead licensed Broker or Dealer and other selling syndicate partners
Another Gem (read Merger):
General and Administrative Expenses.
General and administrative expenses for the three months ended September 30, 2019 were $63,702 as compared to $7,667 for the three months ended September 30, 2018, and $84,501 for the nine months ended September 30, 2019 as compared to $26,950 for the nine months ended September 30, 2018. General and administrative expenses increased primarily due to the higher consulting fees related to the Company’s acquisition and financing activities.
Company is a Squeaky Clean Shell and Ripe for a Merger When the 8K hits announcing who the merging company is, expect a Massive increase in share price.
~ Undervalued Market Cap ~5.3 Million ~ Ground Floor Bottom Opportunity. ~ Outstanding Shares ~126M ~ Penny Stock Exempt. Open to a wider range of Investors and Institutions. ~ $33M In Assets - Market Cap 5.3 million = Very Undervalued. ~ Revenue Generating ~40+ Million in 2019 and Growing. ~ Market: The multi-billion Chinese agriculture market. ~ New Production Line. ~ Word Spreading Fast! Ihub and Social Media are on fire with $KWBT Talk! ~ News on the way. ~ Backed by the Chinese government ~ Untapped Huge Chinese Market and Future Revenue ~ KWBT Website