Yes, thanks TAP for telling me Tilton owns Dizon Investment.
tenkwizard.com 6 - INVESTMENT
On March 14, 1997, the Company issued 20,000,000 shares of its common
stock, $0.001 par value, to Dizon Investments Limited for 100% of the
issued and outstanding shares of American China Development
Corporation, a Bahamian corporation. The 20,000,000 shares of common
stock are not registered. American China Development Corporation is
the owner of 60% of a certain joint venture in the Peoples Republic of
China, more specifically, a brewery located in Qidong city, Jiangsu
province, known as Nantong Aitesi Beer Company Ltd. James Tilton,
President of the Company, was an officer and director of American
China Development Corporation until December 1995. The Company has not
provided the financing which is a part of the acquisition.
Accordingly, the value of the investment has been reduced to zero.
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