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Century Petroleum Corp (CYPE)

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Last Post: 9/22/2018 1:06:08 AM - Followers: 193 - 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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PostSubject
#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
#17205   When WSML ran to 45-50 cents, it had AAsuited 09/22/18 01:06:07 AM
#17204   Wait I didn’t see that update 14b what Alexxdj1 09/21/18 04:23:43 PM
#17203   Ok, did I miss something? this damn thing Stallion4life38 09/21/18 12:49:21 PM
#17202   Curious to know. Have you gotten any AAsuited 09/21/18 11:32:00 AM
#17201   Fins are still pending. I’m bidding .0020 Alexxdj1 09/21/18 10:57:12 AM
#17200   Someone keeps buying about 250k shares avg weekly AAsuited 09/21/18 07:50:59 AM
#17199   Nice EOD .0027 1000 share paint AAsuited 09/21/18 07:33:18 AM
#17198   You have it wrong. This is Nigeria Fuzzy Bunny 09/21/18 01:13:39 AM
#17196   Is Cype a good buy at .0009???? varmit 09/20/18 10:43:55 PM
#17195   Post #4090 needs a sticky AAsuited 09/20/18 06:16:53 AM
#17194   Yikes! daiello 09/19/18 09:48:54 AM
#17193   Has anybody heard when Mr. Umbuto Ungawa Obongo-bongo LonesomeGeorge 09/18/18 09:26:07 AM
#17191   OTC markets isn't always accurate or infallible. AAsuited 09/17/18 08:44:13 AM
#17190   As it always was....just a scam. Fuzzy Bunny 09/16/18 08:42:13 PM
#17189   Whatever is at OTCM doesn't matter, it's what sidedraft 09/16/18 11:58:35 AM
#17188   The Department of Insurance, Securities and Banking in C0der 09/16/18 11:33:33 AM
#17187   Otcmarkets if I recall had Ibeto listed as C0der 09/16/18 11:18:26 AM
#17186   Someone with one million could unload 10k a Alexxdj1 09/15/18 04:08:15 PM
#17185   If someone has 1M and will sell 1M AAsuited 09/15/18 02:22:22 PM
#17184   Just a reminder. CYPE is still a scam. Fuzzy Bunny 09/15/18 01:34:04 PM
#17183   I seen that. Can you imagine a million Alexxdj1 09/15/18 03:43:25 AM
#17182   Someone did get 2500 shares at .001. AAsuited 09/15/18 03:18:41 AM
#17181   a few stocks have left the greys, rare Alexxdj1 09/14/18 08:32:36 PM
#17179   anyone notice that a couple days ago was Alexxdj1 09/14/18 08:23:19 PM
#17178   Agree with you there with all the CYPE AAsuited 09/14/18 09:38:58 AM
#17177   Yes, those shares haven’t been “diluted” yet, but LDIGGIDY 09/14/18 08:39:10 AM
#17176   I think everything is the same as before, AAsuited 09/14/18 08:35:01 AM
#17175   Yes, we have no idea of the details LDIGGIDY 09/14/18 07:46:30 AM
#17174   Still waiting on the audits yet AAsuited 09/14/18 03:14:27 AM
#17172   ‘member when $CYPE had a lot smaller OS/AS?! https://www.otcmarkets.com/stock/C LDIGGIDY 09/13/18 10:30:58 PM
#17171   dead stock scams. Fuzzy Bunny 09/13/18 07:42:43 PM
#17170   PHOT and a handful of others have been AAsuited 09/13/18 12:44:21 PM
#17169   Hey these are the same guys who are Due Diligence Virtuoso 09/13/18 12:20:52 PM
#17168   There never was a Company.....Only Milost/Palewater and their scam. Fuzzy Bunny 09/12/18 06:41:58 PM
#17167   Ouch has anybody been in contact with the company? goodfree 09/12/18 11:19:33 AM
#17165   No sense pumping a scam if nobody will Fuzzy Bunny 09/12/18 12:16:31 AM
#17161   You take care also... :) dragon52 09/07/18 01:43:15 PM
#17160   Cute watching frozen pond water move . art35 09/07/18 01:27:27 PM
#17159   On the back burner for now... dragon52 09/07/18 01:22:55 PM
#17158   Hey Youngster art35 09/07/18 01:20:54 PM
#17157   Or put another way, it's dead. sidedraft 09/07/18 12:27:55 PM
#17156   It isn't over yet. Until something definitive Themistocles_I 09/07/18 05:16:35 AM
#17155   Yes i agree. We were all caught Smilin_B 09/07/18 12:53:13 AM
#17154   But as always....those shareholder losses translated into mega Fuzzy Bunny 09/06/18 11:56:53 PM
#17153   This stock ruined alot of good traders that Smilin_B 09/05/18 01:25:11 PM
#17152   ...witty... Thanks. But you didn't answer my question. LonesomeGeorge 09/05/18 10:23:51 AM
#17151  Restored Boy, that was so... uhhh… witty. Themistocles_I 09/04/18 04:10:49 PM
#17150   I got an email informing me that the LonesomeGeorge 09/04/18 03:02:14 PM
#17149   Sadly no, Mr/Doctor/Chief Cletus babe has been unable sidedraft 08/31/18 01:03:10 PM
#17148   Has there been one word publicly spoken from JettaR 08/31/18 11:51:26 AM
PostSubject