Place the sliced beef in a bowl. Add the soy sauce, Worcestershire sauce, and pepper. Mix well, cover the bowl, and marinate the beef for 1 hour.

Separate the beef from the marinade sauce and set the sauce aside.

In a pan, melt the butter over medium heat. Sauté the garlic until it turns brown.

Add the onions and cook until they become very soft.

Add the marinated beef and sauté for 10 minutes until it is brown. Stir to cook evenly.

Pour in the marinade sauce, season with pepper, add the pickle relish, and mix everything well. Cover the pan and cook for 5 minutes until the sauce is absorbed.

Add 4 cups of hot water and chili powder. Cover and let it simmer for 30-40 minutes or until the beef becomes tender, stirring occasionally.

Add another 1 1/2 cups of hot water.

Prepare the thickening mixture by combining the annatto powder, hot water, liver spread, bread crumbs, and ground peanut or peanut butter. Add this mixture to the pan.

Reduce the heat and cook for 3 minutes, stirring continuously.

If using, add red bell peppers and lastly, stir in the grated cheese. Simmer for an additional 5 minutes until it thickens.