Replies to post #21169 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[trding]

They better get to it then, it is a two month process to raise a/s. In that scenario, the o/s is maxed way before then.

[Afterhoursearnings3]

With the dollar volume the 2.5 is very close to paid....run the numbers. The two new notes can't convert for 6 months...when account receivables hit the balance sheet will clear up...not to mention the new banking relationship

[skichic]

No they don’t need to raise the AS. The CEO has indicated the notes that are going to convert, have converted. Now he did miss his prediction by about 10 to 12 million shares. I think the notes have converted. If you go back and do the math from the end of the 3rd qt 2019. He has indicated the new notes should be paid off with revenues, they aren’t due for 6 months. No crystal ball, but I predict the PPS trends back towards a $1.00.

[blademan]

Gonna run hard and long before anything happens to the SS. I don’t care how big the o/s is. Fully maxed 300mil is tiny. No need to add shares to a company on the brink of $40mil in revs.