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Century Petroleum Corp (CYPE)

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Last Post: 10/14/2018 5:51:28 PM - Followers: 203 - Board type: Free - Posts Today: 0

CYPE REVERSE MERGER WITH 

  

Ibeto Cement Company Limited


http://ibeto.com/IBETO-page.asp?P=24


 




PRESS RELEASES ABOUT THE MERGER


https://www.otcmarkets.com/stock/CYPE/news/Century-Petroleum-Announces-The-Proposed-Reverse-Merger-With-A-Nigerian-Businessman?id=193646

https://globenewswire.com/news-release/2018/05/24/1511317/0/en/Nigerian-Billionaire-Cletus-Ibeto-Closes-Financing-With-a-New-York-based-PE-Firm.html

 












 





WHAT OUR NEW BILLIONAIRE CEO,  DR. CLETUS IBETO HAS TO SAY ABOUT THE MERGER
 

Dr. Cletus Ibeto, The Chairman of The Ibeto Group, the parent company of Ibeto Cement Company Limited, Nigeria, opined that:

“Our key strategic objective in the vast and extensive development of Cement business in Nigeria and West African sub-region is to make cement affordable to all Nigerians and tiers of government in such a way that they should be able to develop modest homes for themselves and their families inclusive of road infrastructure. As far as I am concerned and with the knowledge I have and what I know in this business, the cement business is an investors’ haven especially in Nigeria and a much more profitable business than crude oil where a lot of people think is the best place to invest. This probably explains why the few people in the business have deliberately created very strong barrier to entry into the industry for prospective investors. It is therefore my honest belief that this reverse merger will enable us to accomplish this objective. In the end and, in line with our strategic intent and objective, we are geared to be a world-class cement company in terms of quality, affordability, innovation, service, environment, safety, and corporate governance and also to be a part of building the country’s needed infrastructure.

Dr Ibeto continued, it has been a long journey since I have been in business and none of my companies or businesses has been public. I have a desire to build a formidable structure for companies that will outlive me.

Moving on, everybody knows that I have had great success investing in Nigeria for myself, my family and the communities in which my businesses operate, but then the time has come for me to replicate the successes I have enjoyed in Africa on a global scale. My plan is to share my wealth of experience that has made me a leader in business today so as to ensure that which God has given to me as a gift, building successful businesses, benefits God’s people beyond Africa.

For me, this is a legacy I am building for generations to come. Century Petroleum Corp is the vehicle I plan to use as a catalyst of empowerment for all Nigerians and people all over the world as the shares of the company will be traded internationally”.

I am extremely excited to have Century Petroleum Corp as future part of the IBETO group and having taken over the reigns as the Chairman of the Board of Directors of the company will enable me to put together teams that will help grow the company and propel it and also members of the board that will help me breathe life into what Century Petroleum will ultimately become.

It is also my wish to state here that my years of experience in business as well as my success record, prove that I have the ability to build companies/businesses organically as I had done with the businesses that I have started from ground up and inorganically through businesses that I have acquired as means to grow swiftly in my vertical integration strategy.

 

 



Articles about our new CEO 


"Cletus was for the first time this year named 
the 11th richest man in Africa by Ventures Africa with a valuation of $3.7 billion in net worth."

"Cletus’s Ibeto Group, worth of $5 billion, houses some of the country’s leading companies. One of its subsidiaries is Ibeto Cement, the second largest indigenous cement manufacturer in Nigeria."


http://venturesafrica.com/innoson-ibeto-and-the-rising-men-from-nigerias-east/




 

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PlusOneCoin Top Posts
#17676   I hope you know that Mandla J. Gwadiso shajandr 10/03/18 12:55:05 AM
PostSubject
#17514  Sticky Note This question has been asked and answered Multiple OnceBrokeMama 09/29/18 08:38:37 PM
#17411  Sticky Note CYPE $10.3 Billion 8-K Valuation Confirmation... stervc 09/29/18 12:10:43 PM
#17390  Sticky Note sidedraft Member Level Saturday, 09/29/18 12:39:24 AM shajandr 09/29/18 06:04:33 AM
#17215  Sticky Note 8k out wow http://archive.fast-edgar.com//20180928/AO25Q22CZ222U2Z2222D2MN8TGCKZ i_like_bb_stock 09/28/18 02:07:12 PM
#16688  Sticky Note Kent A. D. Clark, Chairman of Palewater Global Fuzzy Bunny 07/25/18 12:49:29 AM
#15166  Sticky Note THE SEC JUST SUSPENDED MY STOCK! NOW WHAT? lucky,mydog 07/14/18 10:42:03 AM
#17718   Correct. It is a scam because it Fuzzy Bunny 10/14/18 12:45:10 PM
#17717   Because you say it’s a scam doesn’t make RaTrade 10/14/18 12:43:02 PM
#17716   I hope you know that Mandla J. Gwadiso shajandr 10/14/18 12:15:40 PM
#17715   Apparently not.....just because Ibeto said so doesn't make Fuzzy Bunny 10/14/18 12:09:09 PM
#17714   Other words you have no proof... RaTrade 10/14/18 12:05:31 PM
#17713   Yup. Straight from their own mouths. Fuzzy Bunny 10/14/18 12:03:24 PM
#17712   lolol. you have missed the whole point. all lucky,mydog 10/14/18 10:49:28 AM
#17711   Do you have solid proof back this statement? RaTrade 10/14/18 10:44:26 AM
#17710   The key point here is that ibeto cement Fuzzy Bunny 10/14/18 10:43:09 AM
#17709   You have missed the whole point of this klimanjaro 10/14/18 09:44:18 AM
#17708   Conclusion? CYPE is just a scam. Fuzzy Bunny 10/13/18 04:40:15 PM
#17706   http://www.jackobian.com/threads/saraki-meets-with-bill-gates-dangote-photo.8923 klimanjaro 10/13/18 01:19:48 PM
#17705   lololol. the world bank would say cype is lucky,mydog 10/13/18 12:50:14 PM
#17704   In June 2016, the World Bank published a klimanjaro 10/13/18 12:27:29 PM
#17703   Put in a bid for 1000 @ .10 klimanjaro 10/12/18 12:12:42 PM
#17702   Hardly get any shares... RaTrade 10/12/18 10:09:21 AM
#17701  Restored The question isn't if but WHEN. And when klimanjaro 10/12/18 09:01:48 AM
#17700   CYPE still hanging in there. Let's see if diggitydoodle 10/12/18 07:31:05 AM
#17699   And CYPE is among the littlest of the little. Fuzzy Bunny 10/08/18 11:37:14 PM
#17698   Let's see what a new week brings.Little things diggitydoodle 10/08/18 08:47:45 AM
#17697   It's a scam. The gamble is in Fuzzy Bunny 10/08/18 12:28:30 AM
#17695   Anybody can buy the shares. Enter a Fuzzy Bunny 10/05/18 08:01:50 PM
#17694   So how is it a scam cant buy RaTrade 10/05/18 07:53:37 PM
#17692   No quotations for this scam. Impossible to Fuzzy Bunny 10/05/18 06:51:53 PM
#17691   I put order in didn’t fill... how are RaTrade 10/05/18 06:41:29 PM
#17690   Put in an order for 100M shares at Fuzzy Bunny 10/05/18 06:38:19 PM
#17689   WRONG WRONG, you cannot put market orders in klimanjaro 10/05/18 11:20:33 AM
#17688   No limit. It is possible to lose Fuzzy Bunny 10/05/18 10:12:25 AM
#17687   I'm just curious how traders can be scammed RaTrade 10/04/18 02:51:22 PM
#17686   because it's one big scam Rocketstockpix 10/04/18 02:34:16 PM
#17685   Typo: CYPE blew out many trading accounts Smilin_B 10/04/18 02:58:58 AM
#17684   A little movement, let's hope for the best! diggitydoodle 10/03/18 11:52:08 PM
#17683   Sorry but if Ibeto is a billionaire why Penstock3333 10/03/18 06:07:32 PM
#17682   What does this mean? sidedraft 10/03/18 05:51:23 PM
#17681   CYPE blew put many trading accounts.. What will bring Smilin_B 10/03/18 04:35:31 PM
#17679   "Buy when there's blood in the streets, even klimanjaro 10/03/18 12:18:14 PM
#17676   I hope you know that Mandla J. Gwadiso shajandr 10/03/18 12:55:05 AM
#17675   What an absolute disgusting day in CYPE'land Smilin_B 10/02/18 06:53:27 PM
#17674   I won't be holding my breath. janice shell 10/02/18 06:06:54 PM
#17673   And fair warning, someone is going to file sidedraft 10/02/18 06:06:25 PM
#17672   Yes, they did. I think sometimes they don't janice shell 10/02/18 06:06:17 PM
#17671   Please take the time to read the 8K art35 10/02/18 06:05:30 PM
#17669   UNITED STATES art35 10/02/18 06:02:43 PM
#17668   Don't look now, but it's the beginning of janice shell 10/02/18 06:00:46 PM
#17667   Which company submitted something to FINRA, surely not sidedraft 10/02/18 05:57:10 PM
#17666   The Company submitted initial documents to the Financial art35 10/02/18 05:52:55 PM
#17665   at least we know that they have been lucky,mydog 10/02/18 05:50:54 PM
#17664   On August 28, 2018, Dr. Cletus M. Ibeto art35 10/02/18 05:50:07 PM
#17663   You said: sidedraft 10/02/18 05:48:47 PM
#17662   1. Effective May 24, 2018, Mr. Arcaro resigned his art35 10/02/18 05:44:52 PM
PostSubject