Replies to post #3747 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[absinthe69]

@ .000004 per share?

[wobblenuts]

Is this your opinion or knowledge based on some other information?

[PPS]

How Do You Know This??????????

[renoldman]

I am starting to think about what the spike really is.

Was it based off a pump?

Or perhaps Anticipation of a pump (quite a number of people saying that their is stuff coming out next week)?

If it was simply a pump, why was it able to maintain a decent price level throughout the day?

I think what has happened is that the stock was indeed pumped and brought down by shorting.

These shorts anticipate new shares hitting the market, so they keep rolling the price down .... further and further.

For now, the shorting makes sense ... no news and the stock has popped an insane amount.

But if there is news, it will likely trap shorts and force them to cover.

[kmx_swing]

cwqbcwqb, could you explain the logic of your construction? Any pumping should have at least bit of logic...

Their total Assets equal to $ 56,902 (13,000 is cash)
Current debt is $ 11,500,000
Total deficit $ 21,000,000
As of September 30, 2012 and 2011, we had no customers. During the same periods of 2012 and 2011, we had no suppliers

Total shareholders defiency is $ -13,500,000.

That means even if he would be so stupid to buy assets worth of 56K for not 7 millions but 13 millions, shareholders will get a shit. He should buy it for over 13,5 millions, and then you can think about a chance.

They were used to have to business units
1) Kiwa Shandong - fertilizers - has no revenues
2) Kiwa Tijanjin - feed stock - had no revenues and was definitely closed down in summer 2012

Wen Li is sponsoring the working capital to Kiwa from his other but private companies. I doubt he wants to sponsor the shareholders.

So based on what does he want to buy something worth a shit for even a dollar? Nice dream :)