Replies to post #35163 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Ronin]

Things suddenly went GREEN here... What's up? Deal done?

Let's hope a PR is forthcoming...


https://www.tradingview.com/symbols/OTC-KWBT/

"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."

https://www.otcmarkets.com/stock/KWBT/news/KIWA-BIO-TECH-PRODUCTS-GROUP-CORP-August-2020-UPDATE?id=271793

[operating_line]

Sounds reasonable

Based on the figures in your post, 2020 sales of about $33million would be positive. It is lower than the expected $48 million sales for the planned 200k tonnes but it shows resilience compared to other industry sectors.

None of us can value the PPS without the quarterly filings due next month but we can see the market cap is currently significantly lower than these sales estimates.