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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Turboe who wrote (24084)	6/5/1998 4:08:00 PM
From: Dave Gore	Respond to of 34592

I think merger on ROTI done, too ...we'll see...could get interesting

To: Turboe who wrote (24084)	6/5/1998 4:08:00 PM
From: Mr.Manners	Read Replies (1) \| Respond to of 34592

good... what kind of action do you foresee on the stock next week?

To: Turboe who wrote (24084)	6/5/1998 6:43:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 34592

RE: TNRG China Food and Beverage Company Completes Acquisition of Victoria Beverage Company Limited Business Wire - June 05, 1998 16:25 NEW YORK--(BUSINESS WIRE)--June 5, 1998--China Food and Beverage Company (OTC BB:CHIF), has acquired 100% of Victoria Beverage Company Limited. Victoria owns a 55% interest in the Anhui Haoduo Brewery Company, located in Szechuan Province, Peoples' Republic of China. Anhui Haoduo Brewery Company has assets of USD $14.2 million with USD $8.7 million in liabilities and equity of $5.5 million, approximately. The Company's 1997 revenues and income were USD $15.5 million and USD $1.75 million respectively. China Food and Beverage Company acquired Victoria for USD $21 million by issuing a cumulative debenture carrying a five (5) year term bearing interest at the rate of 8% per annum. Principal will be due and payable at the expiration of the five (5) year term with the interest payable on a semi-annual basis. The debenture is convertible into China Food and Beverage Company common shares at $5.00 per share. China Food and Beverage Company is a public company, which invests in and or controls food and beverage companies in the People's Republic of China and the Far East. The Company currently owns a majority interest in the Nantong Aitesi Beer Co., Ltd., Peoples' Republic of China. For further information on China Food and Beverage Company, contact James Tilton at 212/398-7833. CONTACT: China Food and Beverage Company James Tilton, 212/398-7833 Richard