*******THE TRUTHSEEKER REPORT PART 2*******SKUP Follow Up*****
CHIF began life as Logos International (Ticker LGOS), a company based in Salt Lake City with a telephone number 801-575-8073 and a contact person named Kent Isom (See Exhibit 5). In October 1995, LGOS merged with OMAP International, and the new company emerged as OMAP Holdings, Inc.
According to State of Nevada records, OMAP International was run by James Tilton and Jane Zheng out of this address (See Exhibit 6):
82-66 Austin Street
Kew Gardens, NY 11415
However, press releases at the time still indicated the company was located in Salt Lake City, and gave a Salt Lake City phone number for James Tilton. (See Exbibit 7). A search on that phone number, however, yields a number of companies bearing that phone number (See Exhibit 8) including Bria Communications (Ticker BRIAA (See Exhibit 9), now known as Tianron Internet Products, Ticker TIPS, (See Exhibit 10)), A-Z Professional Consultants, and Cyber America Corporation (Ticker CYAA, See Exhibit 11). Cyber America is controlled by Allen Wolfsen (See Exhibit 12) who was busted in the 1996 FBI sting operations for stock fraud (See Exhibit 13). Cyberamerica is run by, according to the State of Nevada, Richard Surber. (See Exhibit 14)
In 1996, OMAP began being represented by the IR firm of Williamson & Associates, located at 730 Fifth Avenue, New York City, and 400 North Woodlawn Suite 18, Wichita KS. 67208 (See Exhibits 15, and 16), and giving Jeffrey Young as a contact person (See Exhibit 17). About this time, Edward Williamson was bribing brokers to push OMAP stock (See Exhibit 18). Williamson and Wolfsen were busted in the same operation.
After being caught, the company soon changed its named to China Food and Beverage, but has the same officers and address (See Exhibit 19, and 20). Perhaps just as ominous, after a brief spell when the company was represented by a firm known as the Hayden Group (See Exhibit 21), the new IR firm representing the company, Fifth Avenue Communications (See Exhibit 22), is actually another Edward Williamson entity, run out of the same offices in both New York (See Exhibit 23) and Wichita (See Exhibit 24).
Many Companies - One Address?
The second address for the company, CHIF, the one given by the web site, 8 West 38th Street, is also the home to several other companies, including:
Tianrong Building Building Materials Holdings (OTCBB Ticker TNRG) (See Exhibit 25)
Tianrong Internet Products (OTCBB Ticker TIPS) (See Exhibit 26)
Gourmet's Choice Coffee (OTCBB Ticker GMCH) (See Exhibit 27)
Dizon International Investment (See Exhibit 28)
The CEO of all of these companies, except for Dizon which is private, is none other than Mr. James Tilton.
One of the companies, GMCH, even has a second address, according to Bloomberg, which is the same address as Williamson & Associates and Fifth Avenue Communictions! 730 Fifth Avenue, 9th Floor. (See Exhibit 29). GMCH and TNRG are two of the companies currently promoted by Mr. Williamson. (See Exhibit 30)
Undisclosed Related Party Transactions:
Recently, companies run by Tilton have made announcements concerning various e-commerce and Internet initiatives.
On May 25, 1999 CHIF announced that it is entering into a venture with GMCH to sell GMCH coffeee in China. Nowhere in the release is it mentioned that the two companies are controlled by the same people. (See Exhibit 31)
On May 27. 1999 GMCH announced its deal with CHIF. Again, no mention was made of the related party transactions. (See Exhibit 32)
On June 3, 1999 GMCH announced that it has signed an Internet marketing agreement with aaamall.net. (See Exhibit 33) without disclosing who controlled aaamall.net. A quick check of the domain name www.aaamall.net indicates that the site is owned by Tianrong Building Materials Holdings (TNRG), a company run by Mr. Tilton. (See Exhibit 34)
On June 3, 1999, TNRG announced that its subsidiary, TIPS, which owns aaamall.net, has signed a deal with GMCH, but did not disclose that GMCH is run by the same persons who control TNRG and TIPS. (See Exhibit 35) |
