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China Food & Beverage Co.
CHIF ANNOUNCES SETTLEMENT OF LITIGATION
Published Nov 25 2020
5 min read

CHIF ANNOUNCES SETTLEMENT OF LITIGATION

China Food and Beverage Company (OTC: CHIF), announced today that the Company has settled all litigation in the matter of Jake P. Noch vs. CHIF with prejudice. Terms of the settlement were not disclosed. As previously disclosed, an independent intermediary worked with both parties to bring this matter to a resolution.


James Tilton, president of CHIF stated, “We are pleased to leave this dispute behind us. Myself and the rest of the management team hope to be able to announce in the near future exciting new opportunities that we expect will benefit the company and our shareholders.”


For further information please contact CHIF at 1 (917) 770-8588 or info@chinafoodandbeveragecompany.com


The CHIF corporate email address is info@chinafoodandbeveragecompany.com


This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of China Food and Beverage Company to accomplish its stated plan of business. China Food and Beverage Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by China Food and Beverage Company or any other person.


Contact

China Food and Beverage Company

1 (917) 770-8588

info@chinafoodandbeveragecompany.com