China Food and Beverage Co (CHIF)

[Renegades17]

Frame of reference



George Sharp's shells trade at valuations ranging from $40-$100+ million. I get that he has credibility based on finding frauds and Humbl worked out (whether there's an actual business there to justify its multi billion market cap only time will tell). CHIF is trading at a paltry $6mm valuation based largely on lack of news flow. SBC did a good job feeding OTC traders with constant updates to get NSAV up to a respectable market cap even at the current price. I believe they can do better here given the markedly better share structure.

First step, get the quarterly filing done. Perhaps that's what the company is waiting to do and then we'll get some information updates.

There's lots of true esports companies out there to acquire. Moshn was a letdown for a first deal. I hope they realize that and move on to better options.