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KWBTE.OB > SEC Filings for KWBTE.OB > Form 8-K on 9-Jun-2009All Recent SEC Filings

Show all filings for KIWA BIO-TECH PRODUCTS GROUP CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for KIWA BIO-TECH PRODUCTS GROUP CORP

9-Jun-2009

Triggering Events That Accelerate or Increase a Direct Financia


Item 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

On June 3, 2009, Kiwa Bio-Tech Products Group Corporation (the "Company") received a Notice of Default from AJW Partners, LLC, AJW Partners II, LLC, AJW Offshore, Ltd., AJW Offshore II, Ltd., AJW Qualified Partners, LLC, AJW Qualified Partners II, LLC, AJW Master Fund, Ltd., AJW Master Fund II, Ltd., New Millennium Capital Partners III, LLC (collectively, the "Investors"), claiming that the Company was purportedly in default for failure to timely file registration or effect registration as required under the Company's notes issued to the Investors. The Company has engaged in discussion with the Investors to resolve the matter.

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