China Food and Beverage Co (CHIF)

[Renegades17]

Been buying more



I'm disappointed like everyone else that at least one deal hasn't closed yet. That said, having done M&A, I do realize that it is complicated to get some deals done (particularly cross-border). Expectations were improperly set, but what's done is done.

The current valuation is close to empty shell level (particularly given the small OS). I do agree with Tilton that positive news will get amplified by the low float and OS. We just need substantive news to hit.

On the positive side, most of the comps have held up well despite the sell-off in the Nasdaq and small-caps. That's a testament to the strong underlying sector fundamentals.

To those that got blocked on Twitter, I can sympathize. I was also blocked from another company's main Twitter feed presumably because I was too vocal in my criticism (I know that wasn't the case for some on here). It's not the right approach and I hope the company reconsiders at some point (or sets up another Twitter handle to disseminate information to all shareholders).

In the interim, we wait...and hopefully get paid well in the end to do so.