Replies to post #4031 on Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Letitrun]

Why do Li and other Directors continue to fund KIWA?
They have lent KWBT millions of dollars over the years to keep it alive. why do they keep the Quarterly reports up to date?
Director'sFiduciary responsibility?
Imo

[hondaboost]

Well said.

[renoldman]

You must not know many Chinese people.

It's called saving face.

Yes, for some people it is actually important to do the right thing.

$7 Million (or perhaps more) to give the investors a small piece of what they put in, tells future investors you will not simply throw them under the bus. Which could mean the difference it getting a $10 Million financing and a $100 Million financing.

As we can see, the company has rejected increasing the A/S several times.

If this was a simple P&D, why wait 3 or 4 years to actually Dilute shareholders to death?

Maybe things are not so clear right now?

If this was dilution, why not just smother it to death?

So, I am considering the possibility that someone else may be shorting the stock.

(By this I mean other than NIR Group.)

If the company doesn't raise the A/S what do you think will happen?