ED Magedson – Founder
Food Steps International873 Beatty St. Vancouver Internet, British Columbia United States of America
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.
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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