This is quite an interesting company. They are poised to cash in on the rapidly growing beer industry in China and Hong Kong (which is now part of China).
There are 2,514,900 shares outstanding and the float is only 218,000 shares! The stock is currently selling for $1.75.
CHIF executives will be making presentations to brokers in New York next week. The company is looking to generate some interest from Wall Street and is working on some major acquisitions, including other breweries. Part of their acquisition costs are being financed by the Chinese government at low interest rates.
There is an interview with the CEO at www.stock-line.com/chif.htm
Investor relations can be reached at 516-278-9995. |
