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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
TILTON EXCHANGE COMMISSION EXCHANGE ACT SECURITIES DIMARCO CEASE-AND MISLEADING ISSUING VIOLATIONS JAMES TILTON RESPONDENTS PURSUANT FINDINGS YORK TELEVISION ADVERTISING TIME PURCHASE MATERIAL FACT MATTER BEVERAGE INSTITUTING IMPOSING SETTLEMENT TIMES RELEVANT STOCK GLOBUS GROUP DIMARCO STATING DIRECTORS ACQUISITION |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 44440 / June 18, 2001
ADMINISTRATIVE PROCEEDING
File No. 3-10512
_________________________________________________________________
In the Matter of
CHINA FOOD AND BEVERAGE CO.
and
JAMES TILTON
Respondents
_________________________________________________________________
ORDER INSTITUTING CEASE-
AND-DESIST PROCEEDINGS
PURSUANT TO SECTION 21C
OF THE SECURITIES EXCHANGE
ACT OF 1934, MAKING FINDINGS
AND IMPOSING A CEASE-AND-
DESIST ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate to institute public cease-and-desist proceedings against
China Food and Beverage Co. ("China Food") and James Tilton ("Tilton")
pursuant to Section 21C of the Securities Exchange Act of 1934
("Exchange Act").
In anticipation of these proceedings, Respondents China Food and
Tilton submitted an Offer of Settlement, which the Securities and
Exchange Commission has determined to accept. Solely for the purpose
of these proceedings and any other proceedings brought by or on behalf
of the Commission or in which the Commission is a party, the
Respondents consent to the entry of the findings and imposition of the
cease-and desist order ("Order") set forth below, without admitting or
denying the findings of this Order, except that they admit the
jurisdiction of the Commission over each of them and over the subject
matter of these proceedings.
II.
SNIPPETS:
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