Hmmm Just got the Same thing. They must be updating the Web Site as we speak. The Ceo seemed like a decent guy. Hr really gave me the impression that he did not want people to sell and loose money for no reason. he went so far as to give me his Cell phone number. The site has Pictures of the Brewery and location. Just a back up of what is said here,
China Food and Beverage Company is a U.S. holding company whose strategy is
the acquisition of regional Chinese breweries that complement its existing business,
distribution and product lines. On April 27, 1998, China Food and Beverage Company
signed an agreement to acquire 100% of Victoria Beverage Co., Ltd., which owns a
55% interest in Anhui Haodun Brewery Co., Ltd., located in Anhui, China.
Anhui Haodun Brewery Co., Ltd. has assets of $14.2 million, liabilities of $8.7
million and equity of $5.5 million, approximately. Its estimated 1997 revenue and net
income were $15.5 million and $1.7 million, respectively.
To Receive the "Due Diligence Package" on China Food and Beverage Company
(CHIF) by Priority Mail, please call 800-992-6616.
Thereis also some articles on Beer in China from Forbes dated DEC 14 |
