Replies to post #3277 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[wobblenuts]

H, all the shares are sold into the market. There is no dilution happening that would facilitate large blocks (large is relative to the size of your wallet as well). (OS=AS). IMO, shares are mainly held by longs that bought in above the share price we see now and see the same potential we do. I think the bid and ask spread is large due to someone trying to pull the ask down in order to get more shares at the level they want (last trade yesterday was a 5,000 share sale to bring it down to 18, WTF is that?). The MM's holding aren't going to dip on a trade like that. It seems like that's what has been happening the last couple days to me.
Just my non-pro opinion.

W

[hugh_jackoman]

I think the shares are probably in strong hands because shareholders actually voted against allowing more dilution in 2009. Have you ever seen that happen in a sub-penny stock before? It's also extremely positive to see the CEO continuing to inject capital into the firm without any formal agreement except to repay when cash flow circumstances permit. Is that a sign of confidence? His balance now stands higher than the NIR debt. There must be some disconnect with the current valuation if he ever expects to be repaid.

As of December 31, 2009, the remaining balance due to Mr. Li was $1,693,036. During the three months ended March 31, 2010, Mr. Li advanced $353,822 to the Company and was repaid $439. As of March 31, 2010, the balance due to Mr. Li was $2,046,419. Mr. Li has agreed that the Company may repay the balance when its cash flow circumstance allows.