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Century Petroleum Corp (CYPE)

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Last Post: 7/19/2018 1:32:54 PM - Followers: 247 - Board type: Free - Posts Today: 168

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
#15964   No pm. That's my speculation MannyFresh 07/19/18 01:40:05 PM
#15962   Only day 1 since it's been off suspension. MannyFresh 07/19/18 01:31:58 PM
#15961   Abolutely not! I was All In from .11 ALL-IN888 07/19/18 01:25:46 PM
#15960   Were you in this stock at the time Shazbat 07/19/18 01:11:29 PM
#15959   This was a Milost palewater scam about Nigeria. Fuzzy Bunny 07/19/18 01:06:55 PM
#15958   There were a lot of people like Milost/Palewater Fuzzy Bunny 07/19/18 01:03:11 PM
#15957   In the very first PR the "Deal" was Fuzzy Bunny 07/19/18 12:49:37 PM
#15956   Yes. I won big on $CYPE SOG 07/19/18 12:48:12 PM
#15955   Why buy now? To do something down HMB2010 07/19/18 12:47:43 PM
#15954   Got not in that trusted my instinct in Bahamar 07/19/18 12:47:30 PM
#15953   Head is tough to crack? Even I gave ALL-IN888 07/19/18 12:44:54 PM
#15951   Don't know bout y'all, but I don't see Pnypnchr 07/19/18 12:41:12 PM
#15950   yep... dragon52 07/19/18 12:40:30 PM
#15948   down 95% today...I'd say that's pretty toasty Churak 07/19/18 12:37:37 PM
#15947   It was a thought... however it ain't over yet dragon52 07/19/18 12:35:44 PM
#15946   I mean, his theory included the forecasted fall... SeatonBM 07/19/18 12:35:18 PM
#15945   there goes that theory... Churak 07/19/18 12:33:48 PM
#15944   A lesson indeed - that's literally what I've SeatonBM 07/19/18 12:27:11 PM
#15943   Do you think we will see a PR janice shell 07/19/18 12:26:44 PM
#15941   Lesson Learned for people who think they know ALL-IN888 07/19/18 12:24:24 PM
#15940   Worse, I DID sell 2 days before it SeatonBM 07/19/18 12:20:15 PM
#15939   SEC won't help players in scams. They Fuzzy Bunny 07/19/18 12:17:49 PM
#15938   I was on vacation and didnt know. It suckssssssssss! Stallion4life38 07/19/18 12:15:46 PM
#15937   you had your chance to sell it all ALL-IN888 07/19/18 12:13:42 PM
#15936   Granted I didn't think this would gap up... It SeatonBM 07/19/18 12:10:23 PM
#15935   Yea, it really sucks! I loss 7K. This Stallion4life38 07/19/18 12:10:21 PM
#15934   The Nigerian prince laughs SeatonBM 07/19/18 12:09:10 PM
#15933   Charting couldn't predict that and I don't think SeatonBM 07/19/18 12:07:09 PM
#15932   allin888 how can you know they are all bassrat 07/19/18 12:06:35 PM
#15931   They're on Red now as opposed to Green ALL-IN888 07/19/18 12:05:10 PM
#15930   Headed back up in imo once the scared MannyFresh 07/19/18 12:04:50 PM
#15929   all in how do u know they dumpded bassrat 07/19/18 12:01:47 PM
#15928   Chartmaster Friday, 07/06/18 05:47:17 PM shajandr 07/19/18 12:01:09 PM
#15927   i tell people on every suspended stock that lucky,mydog 07/19/18 12:00:03 PM
#15926   Largest Dump for 270,440 @ .01 on T ALL-IN888 07/19/18 11:59:58 AM
#15925   This was my 1st time dealing with a SeatonBM 07/19/18 11:55:16 AM
#15924   Thank you. Do you think we will see z1z2z3 07/19/18 11:54:55 AM
#15923   etrade was late because dtcc was late as lucky,mydog 07/19/18 11:54:31 AM
#15922   If you were able to sell today, take shajandr 07/19/18 11:54:22 AM
#15921   LOL how many shares do you have? ALL-IN888 07/19/18 11:53:47 AM
#15920   it sounds like you had a plan. that lucky,mydog 07/19/18 11:53:20 AM
#15919   Holding.... no other choice. whistle pig 07/19/18 11:49:58 AM
#15918   I am glad I got out earlier mostly SeatonBM 07/19/18 11:46:53 AM
#15917   the grey market is tough. not only do lucky,mydog 07/19/18 11:44:11 AM
#15916   Current Volume of 2.43 Million All Dumps!!! ALL-IN888 07/19/18 11:43:22 AM
#15914   Why do you know they are holding? Time ALL-IN888 07/19/18 11:41:08 AM
#15913   Or there is no market to sell to... Maybe SeatonBM 07/19/18 11:40:10 AM
#15912   Still a lot of people holding... lucky,mydog 07/19/18 11:39:00 AM
#15911   I know it's down and unlikely to ever SeatonBM 07/19/18 11:38:07 AM
#15910   no. the only way we would get details lucky,mydog 07/19/18 11:37:37 AM
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