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operating_line

10/02/20 11:42 AM

#35051 RE: Mick Tenbagger #35048

As a mod, your post was unclear

1. you stated a visit to Yangling with no detail if you visited the company or just walked down the road.

2. you informed us of your large position but we can state the investment thesis without the position size. There is a stop sign now and considerable uncertainty on financing.

People do not need to follow an investment based upon size and ability to travel there without any feedback on the visit.I hope you can appreciate your post is leading to questions. I know you have been a poster before the large drop in KWBT and are familiar with the company for years. Long term investors have been hurt already, unless they averaged down as we have. It did not work out well for those without enough to average down.

In any case, I hope you are right that funding will arrive in due course and they manage to achieve their annual targets. You seem to know most on when we will get an update.

Ronin

10/02/20 12:32 PM

#35052 RE: Mick Tenbagger #35048

Kiwa Bio-Tech Signs a Cooperative Agreement With Beijing Community Service Association of the Beijing Municipal Government

https://www.marketscreener.com/quote/stock/KIWA-BIO-TECH-PRODUCTS-GR-130806/news/Kiwa-Bio-Tech-Signs-a-Cooperative-Agreement-With-Beijing-Community-Service-Association-of-the-Beijin-21717684/

The company has been around for a long time. I think there is more for the Chinese govt to lose rather than win letting them go belly up...

envirogym

10/02/20 6:46 PM

#35056 RE: Mick Tenbagger #35048

Good to hear from the wilderness MICK I too was surprised by the financing debacle thought they had it covered, so we shall see!!!
LOOKING TO THE FUTURE AS AM LONG!!!