• Report: #561855

Complaint Review: Food Steps International

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  • Submitted: Fri, January 29, 2010
  • Updated: Tue, May 03, 2011

  • Reported By: Larry — Calgary Alberta Canada
Food Steps International
873 Beatty St. Vancouver Internet, British Columbia United States of America

Food Steps International Tayo Foods Rip off artists, promises nort delievered, Investors be ware, Don't Buy Foodsteps Vancouver Internet, British Columbia

*UPDATE Employee: Foodsteps

*General Comment: Tayo foods??? JOKE

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I invested money in Food Step International INC. CEO President Ian R. Toews in 1995. Foodsteps looked after the marketing, development  and distribution of a non-dairy, milk substitute beverage made form potate starch, water and calcium that appealled to lactose intolerant people who did not consume soy products. They started distribution of the product under the Tayo brand.Tayo ran into difficulties in production of product resulting in retail orders being cancelled. Quality issues started to occur. Foodsteps than formulates and files a patent in Canada and the US. for a new process.They than switch from production marketing to Licensing.  They commenced to put in place licenses which in turn license fees are paid and royalties would be paid  and divedends paid on a regular basis. It is now 2010. As a share holder I have yet to see ONE penny.  


Larry


Calgary, Alberta,  Canada


This report was posted on Ripoff Report on 01/29/2010 11:23 AM and is a permanent record located here: http://www.ripoffreport.com/r/Food-Steps-International/Vancouver-Internet-British-Columbia-V6B2M6/Food-Steps-International-Tayo-Foods-Rip-off-artists-promises-nort-delievered-Investors-b-561855. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
0Author 2Consumer 0Employee/Owner
Updates & Rebuttals

#1 UPDATE Employee

Foodsteps

AUTHOR: Foodsteps Management Group - (Canada)

We have requested of Larry previously that he refrain from these posts, and he has not communicated with the company, although as a shareholder, he is being contacted via our regular update emails.

Ian Toews has not been the President for well over one year, and a new management group has been diligently working to rejuvenate the company.

The company was only incorporated in November of 2001, so the investment in 1995 is impossible.

Larry, we invite your contact at info@tayofoods.com and / or via a reply to any of the several upates that have been sent out since the start of this year.

The company has been reorganized, filings updated and a new investment group engaged.

We also invite any enquiry to be made directly of the company at the above email address and/or via the contact information that is readily available once you are identified as a shareholder or other interested party.

Thank you for your professionalism in advance.

Regards

Foodsteps Management Group
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#2 General Comment

Tayo foods??? JOKE

AUTHOR: J. Rockefeller - (Canada)

We too are suckers that invested in this company with Mr. Toews in 1995. My mother, myself and my sister. We were told we were buying shares at 0.25 cents each and that later that year "apparently" the shares rose to $2.00??? No facs, no documentation nothing. Word of mouth and a promise... OH.. only if you invested more money into this sinking company. I am sure all of the investors got that correspondence sent around asking for more money with the promise of a higher return?

Why dont' you take your company to the "Dragon's Den" show infront of a panel of experts and see if they would invest in your company.

I am assuming that we are all going to have to put our tails between our legs and kiss our investments goodbye. :-(

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