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Replies to post #19600 on Kiwa Bio-Tech Products Group Corp (fka KWBT)
infamous
02/15/20 4:49 AM
#19613 RE: Microlytics #19600
Fat Thor
02/15/20 8:21 AM
#19622 RE: Microlytics #19600
Our ongoing strategy remains committed to utilizing corporate sales and bank loan as a methods to reduce and pay-off any current debt. Presently, our cash is being used as a reserve for purchasing raw materials that are required for future 2020 production. Some of our year-end account receivables have been delayed, which has prolonged the company’s ability to pay off its existing convertible notes. However, management believes that once these notes are paid off, then the market price of our stock and valuation of our company will be better reflected.
nathanial
02/15/20 10:35 AM
#19635 RE: Microlytics #19600