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Century Petroleum Corp (CYPE)

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Last Post: 1/19/2019 2:49:40 AM - Followers: 185 - Board type: Free - Posts Today: 1

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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PostSubject
#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
#16688  Sticky Note Kent A. D. Clark, Chairman of Palewater Global Fuzzy Bunny 07/25/18 12:49:29 AM
#18069   Oh my! PPS did not go up but Lenard 01/19/19 02:49:40 AM
#18067   Yet the alleged cleaner, Ibeto, is long gone. Fuzzy Bunny 01/16/19 09:46:56 PM
#18066   Where would a wandering pilgrim, such as myself, sidedraft 01/16/19 06:15:04 PM
#18065   It's in the process. Thanks for asking. Themistocles_I 01/16/19 06:06:45 PM
#18064   How's that clearing up thingy going? Fuzzy Bunny 01/16/19 05:38:19 PM
#18063   I see the problem . sidedraft 01/13/19 05:39:56 PM
#18062   You do know Ibeto has fled the coup Fuzzy Bunny 01/13/19 05:07:22 PM
#18061   Why file a "fake 8-k" and waste time? Themistocles_I 01/13/19 02:55:59 PM
#18060   Sometimes you need do your own DD. AAsuited 01/13/19 07:23:52 AM
#18059   1. To whom is your post addressed? sidedraft 01/13/19 02:58:08 AM
#18058   Maybe its not the scam you want it AAsuited 01/13/19 02:03:39 AM
#18057   These scams never really die. Fuzzy Bunny 01/12/19 07:16:09 PM
#18055   Still holding my 61,580 shares and am very goodfree 01/11/19 04:48:38 PM
#18053   I have 31K shares that I cant get Stallion4life38 01/11/19 04:28:31 PM
#18051   I will just use my dad's account our Lenard 01/11/19 04:26:49 PM
#18050   GOOOOOD! Stallion4life38 01/11/19 04:22:52 PM
#18049   I don't own any, my parents will not Lenard 01/11/19 04:20:17 PM
#18047   Traders are trying to accumulate shares, some are RaTrade 01/11/19 03:19:45 PM
#18045   Is this some kind of joke? JettaR 01/11/19 02:49:44 PM
#18044   Lol JettaR 01/11/19 02:49:05 PM
#18043   And what sucks is, you cant sell it, Stallion4life38 01/11/19 02:42:20 PM
#18042   only 1400% now oh boy! Lenard 01/11/19 02:26:46 PM
#18041   Only up 2400% that's all. Watch and learn. Lenard 01/11/19 02:25:03 PM
#18040   OH! And then another -50% the next day Stallion4life38 01/11/19 02:18:33 PM
#18039   Not really! It will be down 80% tomorrow. Stallion4life38 01/11/19 02:16:47 PM
#18038   150% in one day! Something is brewing in here!! lil_man 01/11/19 12:53:20 PM
#18037   Ibetos site is still up and going fine. AAsuited 01/11/19 03:14:55 AM
#18036   Yup, that would be the one and the same. C0der 01/10/19 09:31:05 PM
#18035   This Milost? sidedraft 01/10/19 09:27:15 PM
#18034   Websites: palewater offline. milost offline. Big time also offline. C0der 01/10/19 06:55:47 PM
#18033   Why is there no action in here? lil_man 01/10/19 12:14:17 PM
#18032   Like I said it is still trading. You Lenard 01/10/19 03:02:19 AM
#18031   If there was/is a scam it would be Fuzzy Bunny 01/10/19 02:07:44 AM
#18030   The only evidence for anyone to comment on Lenard 01/10/19 02:02:08 AM
#18027   An easy class...lie, sell worthless shares. Fuzzy Bunny 01/09/19 05:23:27 PM
#18026   Jail ? Hardly the case. In fact, all Lenard 01/08/19 12:56:33 PM
#18025   Heard that before...many times.....and that was before Ibeto Fuzzy Bunny 01/08/19 11:08:09 AM
#18024   How are all my close friends doing? Lenard 01/07/19 06:09:02 AM
#18023   Agreed. Selling 8626 shares creates an average share AAsuited 01/06/19 12:24:33 PM
#18022   Not necessary I agree, yet here we are OTC Whisperer 01/05/19 03:57:22 PM
#18021   Not necessary.....just after a pump of this pathetic scam. Fuzzy Bunny 01/05/19 03:54:22 PM
#18020   Maybe just to be sure, we should keep OTC Whisperer 01/05/19 03:53:30 PM
#18019   Yeah....agreed....this scam is pretty much cooked.....no matter how Fuzzy Bunny 01/04/19 11:59:35 PM
#18018   Ah, like $10 a day or so, yea, OTC Whisperer 01/04/19 11:57:44 PM
#18017   And it has been posted wrong again. Fuzzy Bunny 01/04/19 11:57:23 PM
#18016   I assume selling worthless shares is worth it. Fuzzy Bunny 01/04/19 11:55:13 PM
#18015   Problem is actually buying shares... RaTrade 01/04/19 08:15:26 PM
#18014   0.0004 -0.0016 (-80.00%) shajandr 01/04/19 08:09:17 PM
#18012   Its been posted before. Ibetos company is AAsuited 01/04/19 09:10:48 AM
#18011   Why? OTC Whisperer 01/04/19 09:10:18 AM
PostSubject