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Century Petroleum Corp (CYPE)

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Last Post: 7/21/2018 1:39:09 AM - Followers: 247 - Board type: Free - Posts Today: 26

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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CYPE News: Termination of Registration of a Class of Security Under Section 12(g) (15-12g) 02/20/2018 01:19:00 PM
CYPE News: Securities Registration (section 12(g)) (8-a12g) 02/20/2018 11:39:51 AM
PlusOneCoin Top Posts
#15448   So ironic the crooks at the SEC cant INITTOWINIT 07/16/18 06:45:52 PM
#15378   “...He congratulated Ibeto for the listing of his LDIGGIDY 07/16/18 08:11:14 AM
#15357   Get ready for the MEGA RUN! Jaythesaabguy 07/15/18 08:02:20 PM
PostSubject
#15166  Sticky Note THE SEC JUST SUSPENDED MY STOCK! NOW WHAT? lucky,mydog 07/14/18 10:42:03 AM
#13231  Sticky Note With the Audit for CYPE/Ibeto Cement... stervc 07/04/18 12:30:41 PM
#12966  Sticky Note NEWS Century Petroleum Announces the PCAOB Audit Progress dragon52 07/02/18 02:45:56 PM
#1320  Sticky Note Sweet were current https://www.otcmarkets.com/stock/CYPE/overview i_like_bb_stock 03/19/18 08:52:02 AM
#16349   Oh, that just gives me a headache. janice shell 07/21/18 01:39:08 AM
#16348   Don't forget to add in these billions of shorts: sidedraft 07/21/18 01:25:52 AM
#16347   My most profitable trades are companies that don’t janice shell 07/21/18 01:15:08 AM
#16346   Well, we'll be getting the new short interest janice shell 07/21/18 01:12:09 AM
#16345   As of June 29th. There was short OnceBrokeMama 07/21/18 01:10:59 AM
#16344   CYPE enjoyed a great deal more hype. janice shell 07/21/18 01:03:41 AM
#16343   Once again, there are no shorts: 74,980 shares. janice shell 07/21/18 01:00:17 AM
#16342   What he means is why is there no OnceBrokeMama 07/21/18 12:53:33 AM
#16341   I was very surprised at how well it OnceBrokeMama 07/21/18 12:50:32 AM
#16340   Well, CYPE was. Along with its three janice shell 07/21/18 12:47:53 AM
#16339   Neither was NUGS. OnceBrokeMama 07/21/18 12:46:57 AM
#16338   What are the chances this stock goes up mikenelson01 07/21/18 12:45:42 AM
#16337   Of course. But GE is not Pink. janice shell 07/21/18 12:45:20 AM
#16336   That’s the case with any stock. I’m sure OnceBrokeMama 07/21/18 12:42:20 AM
#16335   Absolutely not. But it's tough on the janice shell 07/21/18 12:27:02 AM
#16334   Umm it started at .03 and went to OnceBrokeMama 07/21/18 12:26:13 AM
#16333   ~Well peeps that bought lower than .018, or Greedy G 07/21/18 12:24:39 AM
#16332   ~Hahaha! Indeed Greedy G 07/21/18 12:21:24 AM
#16331   Yes, this one's finished. janice shell 07/21/18 12:18:29 AM
#16329   ~Gonna be nice seeing the “impossible” as you janice shell 07/21/18 12:13:38 AM
#16328   Why? WSML ran the same and cane first i_like_bb_stock 07/21/18 12:04:11 AM
#16327   Oh yes, I can. I also understand janice shell 07/21/18 12:04:11 AM
#16326   CYPE was the one that attracted the most attention. janice shell 07/21/18 12:03:19 AM
#16324   Referring to WSML Axmp and the b stock i_like_bb_stock 07/21/18 12:02:06 AM
#16323   Sorry, I don't understand what you mean. janice shell 07/20/18 11:54:35 PM
#16322   And why is it that Cype has gotten i_like_bb_stock 07/20/18 11:53:36 PM
#16321   Yes, I see what the problem was. janice shell 07/20/18 11:51:56 PM
#16320   Yes but it’s too early still cause I i_like_bb_stock 07/20/18 11:49:53 PM
#16319   What? That doesn't really make sense. janice shell 07/20/18 11:49:24 PM
#16318   What happens if you’re all wrong? janice shell 07/20/18 11:48:45 PM
#16317   I wasn't referring to the SEC tossing conjecture C0der 07/20/18 11:48:30 PM
#16316   Typically, the SEC does not deal in conjecture. janice shell 07/20/18 11:47:39 PM
#16315   We don’t know there’s any crime yet seriously? i_like_bb_stock 07/20/18 11:43:07 PM
#16314   No crime has been proved here - just C0der 07/20/18 11:42:43 PM
#16313   So you think it's fine to profit from janice shell 07/20/18 11:40:23 PM
#16312   Bad guys? You do understand a lot of i_like_bb_stock 07/20/18 11:39:01 PM
#16311   Because it's always good to see the bad janice shell 07/20/18 11:35:15 PM
#16310   Then why are so many here so excited i_like_bb_stock 07/20/18 11:33:45 PM
#16309   And so the merger matters even less. janice shell 07/20/18 11:30:12 PM
#16308   Correct me if I am wrong,, but did janice shell 07/20/18 11:26:16 PM
#16307   Yeah, but NUGS $7 run was never due Aquahoya 07/20/18 11:22:44 PM
#16306   HOW ABOUT NUGS???? That was also an Arcaro janice shell 07/20/18 11:16:12 PM
#16305   That aint flippers buying. janice shell 07/20/18 11:11:04 PM
#16304   Door Number One. janice shell 07/20/18 10:52:20 PM
#16303   Clearly more buys are going on unless there Aquahoya 07/20/18 10:51:19 PM
#16302   Any site to get gray market quotes? janice shell 07/20/18 10:50:51 PM
#16301   How many shares at the ask side? janice shell 07/20/18 10:49:51 PM
#16300   its up day 2??! never seen that before slimazn 07/20/18 10:40:24 PM
#16299   ~Nonsense. Plenty of BUYn. Greedy G 07/20/18 10:36:54 PM
#16298   yep dont help the shorts cover janice shell 07/20/18 10:28:04 PM
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