China Food and Beverage Company (PK) (CHIF) Cotización

Fins out without most numbers....I don't understand why they even bother to file those useless documents!

Can it get quieter?

Just really but it could be really really quite soon

Really, really or just really?

I agree. I have a sizeable position and added to it this past week at ridiculously low prices. I do hope they abandon the esports focus and bring in acquisitions in sectors that have more interest. They appear to have started to do that with the beverage deal that is generating some revenue now. That said, at the current valuation, it wouldn't take much for the stock to appreciate considerably (to several dollars IMO).

There was discussion from NSAV about putting TruSAF into CHIF late last year. I think that would make a lot of sense given CHIF's superior share structure. NSAV also appears to have some issues with its cap table so that could further shift the thinking towards using CHIF as a vehicle for monetization.

Management hasn't released a CHIF PR in over two years. Something is bound to happen...hopefully soon.

Can't stand the excitement

well, well, well, ole STERVC is back pumping CHIF like he did in early 2021 when is was around 0.77; then disappeared from the board. I was wondering what happened to you. Hope your pump works again. Good Luck. to us all

Yes really!!

Yes!! This is gonna pop before long. These shares under .10 are a steal!

CryptoRain...

I think such could happen too here with CHIF. I've been holding this one for a long time. Beautiful share structure:
https://www.otcmarkets.com/stock/CHIF/security

Its sister company (NSAV) that I'm still holding, has been getting a lot of attention. I'm guessing that at some point in time, the management team will be coming back to CHIF to put something of substance inside the company.

v/r
Sterling

Really..........

This could heat up soon!

one trade. big whoop, we need stervc to come back and pump it up again

Watching

Good volume and all over the place price wise. Hopefully some positive news soon

Coming back to life..

Well well…any volume and this explodes!!

Someone quietly loading for something big coming soon..!!

Yes, check NSAV's press releases to learn about TruSaf. It is supposed to be a software product that provides security to blockchain activities. This is definitely a wait and see situation.

I've seen what whale hits can do to $CHIF. I rode the last wave a few years ago. This is a very clean shell with a very attractive share structure. Did someone say TRU-SAF? Looks like something I should be looking into.

Not according to the last quarterly report. Next one is due any day now. Directors are listed.

5000 on the ask, sheesh..

CHIF#$$: Hey Bulba, the share count has always been low. If Tru-Saf is Actually Proven to be Real , this could prove to be a Win Win for Both NSAV and CHIF in a Reverse Merger.

Have you seen the OS here? How can
it be so low?, AS low also

CHIF#$$: Hey Bulba, Wong and Danny Lau are long gone from NSAV. JT is still there.

It should be obvious that JT has outdone himself by doing absolutely nothing with CHIF that he said he would do.
Same with NSAV, which was another of his companies.
JT is long gone from NSAV, and the companies now involved in NSAV (Wong, et all) are now sniffing around CHIF.
Now, there is talk at NSAV of reverse merging their TRUsaf product/company into CHIF.
If the reverse merger is pulled off, NSAV shareholders would get some CHIF stock as a 'dividend'. Silverbear is experienced in things like reverse mergers, so I would not bet against it just yet.
I bought a small stake in CHIF just to watch how it proceeds.
Anyone interested in the above should check out NSAV's twitter feed. They have not definitely stated CHIF is the target, but it is mentioned multiple times.
I've had NSAV since 2017, and it made me financially independent. Not because of JT, but because of who runs it now.

The Company will have revenues in the first quarter
of 2023.

ABSOLUTEITLY NOTHING

What the heck is going on here..

Is anyone home at CHIF???? Place is looking abandoned

CHINA FOOD AND BEVERAGE COMPANY
2374 Route 390, P.O. Box 609
Mountainhome, PA 18342
RE: Shell Status
Attention: OTC Markets Group Inc.
Issuer Services
Dear Issuer Services,
This letter is in regard to the change in shell status for China Food and Beverage
Company., (the “Company”).
1) The Company previously self-identified itself as a shell company in
accordance with Securities Act Rule 405 and Exchange Act Rule 12b-2.
2) The Company is now changing its status to no longer being identified as a
shell company.
3) The effective date of the change is December 31, 2022.
4) The Company believes that, as of December 31, 2022, it no longer meets
the definition of a shell company as defined by Securities Act Rule 405 for
the following reasons:
a) On May 16, 2021, the Company signed a Letter of Intent (LOI) to acquire
80% of the shares of Moshn Life Tech Incorporated, a Canada corporation.
Moshn Life Tech is an on-demand streaming fitness platform. The
proposed purchase price is 8 million shares of the Company’s common
stock, plus $50,000.00 in cash. The delay in the signing of the Definitive
Acquisition Agreement and closing of the transaction was due to a
substantial tax liability that the sellers of Moshn would incur in Canada by
virtue of accepting shares in a U.S. public company. NSAV has recently
been informed that the Canadian tax matter has been resolved successfully,
therefore allowing the transaction to proceed.
b) The Company’s vision is the establishment of a fully integrated technology
company, which provides turnkey technological solutions to the Esports
industry. Over time, the Company plans to provide a wide range of
China Food and Beverage Company – p. 2
RE: Shell Status March 15, 2023
services such as software solutions, e-commerce, financial services,
advisory services and information technology.
c) On March 18, 2022, the Company appointed Mr. Yuen Wong as its
Chairman of the Board of Directors. Mr. Wong also works as a strategic
partner with Arena Esports Hotel (Arena) www.arenaesportshotel.com
and has assisted Arena by tokenizing the properties and offering them on
his LABS Group crowdfunding platform. The first project is located at
Bugis Village, Singapore, which is the largest Esports hotel in Southeast
Asia and the world’s first hotel with VR concepts. The plan is to expand to
50 locations through the partnership and franchise model in 3-5 years and
reach over 2,733,000 people in-residence. Arena Esports Hotel is currently
expanding in Southeast Asia, targeting Cambodia, Malaysia and Vietnam.
Mr. Wong envisions CHIF obtaining a license from Arena to develop
projects in the U.S.A.
d) Mr. Wong currently serves as a co-founder of GEMS
https://thegems.gg/GEMS , an Esports 3.0 aggregator platform within the
online and offline communities. It propels Esports into 3.0 by integrating
GameFi, Mataverse and SocialFi elements, and leverages on Arena Esports
Hotels, in order to integrate the young population into the new sharing
economy. This platform can have strategic significance as the Company’s
Esports business progresses.
e) In December 2022, the Company began offering consulting services in the
Esports sector. The Company’s strategy is to make use of the vast
experience of its management in the Esports sector.
f) In February 2023, the Company formally launched an Esports business
consultancy division. The Company will have revenues in the first quarter
of 2023. The Company will incorporate its Esports business consultancy
division as a wholly owned subsidiary in the second quarter of 2023.
g) The Company plans to launch and acquire businesses in the Esport sector.
CERTIFICATION
I, James A. Tilton, president, certify that:
1) I have reviewed this Supplemental Information Report of China Food and
Beverage Company.

They need a name change NOW.

Well im here waiting. lol

New filings and tweets! This is gonna move!

there is obviously nothing to be active about.

The inactivity here is insanely ridiculous!!

You’re assuming Wong is still involved.

This is getting ridiculous. How about some news or updates??????

Would sure be nice to get some kind of update!!!

I think they mentioned it as a historical event


I could be wrong, but I've never seen an LOI remain unexecuted for over a year. I think that disclosure was simply as a historical event. Moreover, Moshn doesn't fit with the direction that the Chairman would want to follow.

They need to acquire something and change this ticker name. It does nothing to increase the PPS.

They still mention the acquisition in the disclosure statement

Quarterly fling is out

Good to see the share structure intact. It also seems, as far as I can tell, that the Moshn deal was abandoned. That one made little sense to me, so I'm glad to see them let it go. Still only 2.4mm shares held at DTC, so massive upside once some value enhancing transactions are announced.

You would think but Wong

Last PR…..3 months ago ….you would thing Mr. Wong would be all over this…..
https://www.mcapmediawire.com/chif-announces-planned-rebranding-and-name-change-to-championship-international-fintech-inc-as-part-of-esports-business-direction/

look out here we come!!!!!

Too late we now have battery flying cars, lol

Hopefully it happens before we have flying cars

Can't wait for the name and ticker change.

Where's Yuen Wong?