SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Matheson who wrote (166)6/7/1999 11:50:00 AM
From: Lee Matheson  Read Replies (1) of 248
 
There is a CBR Brewing Co. press release concerning NMO
that is of interest.

biz.yahoo.com

In it CBR Brewing Co. state they have NOT been able to confirm
NMO's exclusive brewing licence. I think the plot is starting
to thicken a bit, and there could still be some more "political" maneuvering going on.

In their press release, CBR Brewing Co claim they own a 40% interest
in the Zhaoqing Brewery, and that Nobile has the other 60%. Yet NMO, on their web site, list the Municipality of Zhaoqing as owning the 40% (that CBR Brewing Co claim they own). .... Very confusing to me. Did the Municipality of Zhaoqing sell their 40% interest to CBR Brewing Co??

According to Yahoo, CBR Brewing Company (CBRB) is listed on the OTC.

I got the following from one of the CBRB press releases:

CBR Brewing Company, Inc., through its subsidiaries and affiliates, is engaged in the production, distribution and marketing of Pabst Blue Ribbon beer in the People's Republic of China. As of December 31, 1998, the Company (CBRB) owned effective interests of 60%, 24% and 33% in three brewing facilities currently producing Pabst Blue Ribbon beer in the People's Republic of China, all of which are managed by the Company. The Company produces Pabst Blue Ribbon beer under a sublicense agreement with Guangdong Blue Ribbon Group Co. Ltd., an affiliated company, which expires on November 6, 2003.


CBRB is a penny stock on the OTC.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext