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Non-Tech : CHIF - China Food and Beverage, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Edward Williamson who wrote (61)12/22/1998 3:36:00 PM
From: Lance  Read Replies (1) | Respond to of 127
 
Looks like people are going to wait and see what happens instead of sell after reverse. I crunched some #'s and if the Brewery can meet and maintain the estimated 1.7 mil in profit per year with 4.073 mil shares after debenture is done, that would = .42 a share.Maybe shareholders have done the math and this possibility has kept them from bailing out which usually happens after a reverse split.


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