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wobblenuts

12/02/12 2:43 PM

#4047 RE: wobblenuts #4046

I think the liquidators and Mr. Li know they have the votes to increase the AS from 400m to 800m. The vote last year was very close to reject it.
Kiwa owes what, $1.2m+ on convertible notes to NIR?

Apparenly Mr. Li did not desire to pay anything of his own to settle as other companies have in this NIR/AJW liquidation. He's letting the market pay it off. Hence, the shady action you have now.

IMO, they've kept filings current for tax benefits in China.

Where is he getting the fertilizer for the produce sold under the pvt. co. label that seems to be growing, while KWBT claims no sales? Buying from competitors? LOL

IMO, ya know.