KWBT was growing at 15% - 20% revenues for the past 2 years. They were in the process of building a new manufacturing plant to increase production. In addition, they had a new revenue contract of $7.5 million above and beyond their normal growth.
It appeared to me that the company had $11.5 million in current receivables to be collected within 2020.
I don't know what has happened with this company, but the financial statements not being issued is extremely concerning. They do not have a past history of this poor management style.
I can only rely on the fundamentals of the company, and back in May 2020, they still remained solid to me.
A lot has changed, noting that you or anyone could have predicted!
Time will tell.
News 
Market Data 
Discover 
