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To: BushPilot who wrote (7546)5/5/1999 1:13:00 AM
From: T A P  Respond to of 9824
 
Must read!! Future for TNRG / TIPS looks bright!
Investors, read this..investments in China.... general trend...
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Commercial Advantages

China has become the second largest destination for foreign investment in the world, and it is expected to overtake the United States as the No. 1 investment preference in the near future, according to a senior American economist. Mr. Donald R. Forest, director and senior international economist for the U.S. Department of Commerce's Office of the Chinese Mainland, Hong Kong, Macau and Taiwan, made that remark at a recent discussion sponsored by the American Center for Educational Exchange in Beijing. The forum, entitled, "Creating Commercial Advantages," was attended by businessmen and scholars.
China should take particular care in managing existing foreign investment, "including American investors," Forest said. He added that China has made important strides in opening its services market in a variety of cities, notably Shanghai and Guangzhou, but more remains to be done. Foreign investors tap all kinds of services in their attempts to support investment operations, he said, for example insurance, banking, value-added telecommunications, accounting, legal services, engineering and other sub-sectors.

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T A P has received 700K shares of TNRG and 1 mil shares of TIPS from the company for services provided for a period of 1 year. For a complete write-up on TNRG/TIPS and other Turn Around Picks and free membership go to T A P profile for url.





To: BushPilot who wrote (7546)5/5/1999 6:14:00 AM
From: Brady B.  Read Replies (1) | Respond to of 9824
 
CHIF NEWS. Doesn't Tilton usually release similar good news for both companies along the same time?

China Food and Beverage Company Reports $0.09 Per Share Earnings for 1998

SAN FRANCISCO, May 5 /PRNewswire/ -- China Food and Beverage Company (OTC Bulletin Board: CHIF) today announced pre-tax earnings of $2.9 million for the year ended December 31, 1998. The earnings reflected a 7.4% increase over the previous year's results. On a per share basis, net earnings were recorded at $0.09 per share. The Company had $5.2 million shares outstanding at the end of 1998. The Company also reported 1998 revenues of $15.9 million, an increase of 8.9% over revenues for the previous year.

James Tilton, President of CHIF, stated, "We are extremely pleased with the revenue and earnings growth displayed in 1998 given the turbulent currency and economic situation throughout Southeast Asia. With the fine management team in place we expect further growth in the year ahead and substantially stronger growth should the economic turbulence subside. We at CHIF are truly appreciative of our loyal shareholders who have continued to support us during our rebuilding phase. We view the opportunity to report $0.09 per share in earnings as a first small step in rewarding our shareholders and expect many other positives in the future."

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., People's Republic of China.

For further information on China Food and Beverage Company, contact James Tilton at (212) 398-7833.

Nobody pays me nuthin' for postin' nuthin'. Shore would be nice if they did though.

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