China Food and Beverage Co (CHIF)

[Renegades17]

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.