Replies to post #34762 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[operating_line]

if you do not know, how can you make the claim?

"I don't know how, but they did "

OS updated yesterday

https://www.otcmarkets.com/stock/KWBT/security

In general, we can look back at the traded volume. The high volume from june corresponded with the increase in OS. It is likely that ended the 2019 notes. After nearly a month (not just days), we have not seen OS increase at a level to cover 2020 notes. This suggests the company plan (announced in april) to pay these 2020 notes in cash worked.

Of course, wait to be sure with release of filings in due course. It will be important to confirm the notes are eliminated to realize fair value of the stock.

[envirogym]

This whole situation is looking a little suspicious???

[price_and_volume]

It appears that won't be for a while...

Once we are clear of notes, then, I'll consider buying again.

This has 'new notes' written all-over it, imo:

"The Company has been engaged in discussions and negotiations with various banks and Chinese investors for nearly two months. While there are no guarantees as to the success of these efforts, the Company now believes that additional bank funding will be available to the Company prior to September 30, 2020 and that certain Chinese investors will fund the purchase of new shares of common stock in the mid-September time frame."

Firstly - these are negotiations and KWBT - as the party NEEDING FUNDS - isn't in a position of strength.

Secondly, what do folks here think KWBT will give to "certain Chinese investors" in exchange for that investment?

Shares obviously - they don't have anything else to give.

The unknowns are: How many shares, what class, and what voting power.

Regardless of what forms those take, it's inevitable that common-shares will have objectively lesser-value.

That's clearly being reflected in PPS.