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Kreido, Biofuels, Inc. (KRBF)

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Last Post: 10/20/2018 10:52:12 AM - Followers: 103 - Board type: Free - Posts Today: 2

KREIDO BIOFUELS,INC.


Entry into a Material Definitive Agreement

On June 5, 2018, Kreido Biofuels, Inc., a Nevada corporation and its sole officer and director G. Reed Petersen entered into a Stock Purchase Agreement with an effective date of June 20, 2018, or such other date as may be mutually determined by the parties in respect to the sale of an aggregate of 142,24,167 shares of common stock of the Company (the "Control Shares") for an aggregate of $420,000 in cash consideration, to certain purchasers.
As a result of the Agreement, and the sale of the Control Shares, as of the Effective Date, the Purchasers will hold a controlling interest in the Company, and may unilaterally determine the election of the Board and other substantive matters requiring approval of the Company's stockholders.



Departure, Election, Appointment, of Directors

On the Effective Date, G. Reed Petersen will resign as an officer and director of the Company.
Also, as of the Effective Date, the Board of Directors will appoint Wai Lim Wong to the Board of Directors, and as the Company’s Chief Executive Officer, Chief Financial Officer and Secretary. A summary of background and business experience of Mr. Wong is as follows:
Mr. Wai Lim Wong, age 46, has served as the Director and President of ABV Consulting Limited since June 2016. Mr. Wong served as the Sales & Marketing Manager at Keymax International Development Company Limited, a customer sourcing and management company focused in the money lending industry, since April 2014. Prior to joining Keymax International Development Company, Mr. Wong was an investor with Wing Fung Marine Products Limited, a seafood cultivation company based in China focused on abalones and prawns, from August 2009 to March 2014. Mr. Wong has had a broad range of sales and marketing experience for environmental products such as air purifying systems, cleaning products and energy saving products. From April 2007 to July 2009, he served as a project manager for Tomi Fuji Corporation Limited. Mr. Wong was a sales manager for Goash Health Products Company (China) from June 1990 to 2004. Mr. Wong brings to our board his deep and varied sales and marketing and general business experience.

 



Contact Info

3625 Cove Point Drive
Salt Lake City, UT 84109
Phone: (801) 209-0740
Email: greedp@gmail.com



 

Share Structure:
 

Market Cap
11,151,774
09/19/2018
 
Authorized Shares
300,000,000
09/19/2018
 
Outstanding Shares
195,645,159
09/19/2018
 
Restricted
172,048,417
09/19/2018
 
Unrestricted
23,596,742
09/19/2018
 
Held at DTC
23,369,370
09/19/2018
 
Float
52,720,992
11/24/2017

 

High Times
KRBF
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Volume:
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  • 6M
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  • 5Y
KRBF News: Quarterly Report (10-q) 08/01/2018 03:56:13 PM
KRBF News: Initial Statement of Beneficial Ownership (3) 07/05/2018 04:36:37 PM
KRBF News: Current Report Filing (8-k) 07/03/2018 03:02:58 PM
KRBF News: Statement Regarding Change in Majority of Directors Pursuant to Rule 14f-1 (sc 14f1) 06/07/2018 10:28:28 AM
KRBF News: Amended Current Report Filing (8-k/a) 06/06/2018 03:40:33 PM
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#2814  Sticky Note KRBF DD Chinese Merger Evergreen Connection! PennyStalker01 09/17/18 09:44:42 PM
#3087   Classy post as usual. Out of money so CommonCents3 10/20/18 10:52:11 AM
#3086   ouch did this get raped!! would say .018 TrendTrade2016 10/20/18 08:56:45 AM
#3085   KRBF, followed you Back. Buy lower, sell Higher. JacksBack 10/19/18 08:15:29 PM
#3084   Following you Hana3 10/19/18 07:22:49 PM
#3083   Nice bid support. Someone continues to load these CommonCents3 10/19/18 01:55:46 PM
#3082   There's Never : no activity, in a stock, JacksBack 10/19/18 06:47:31 AM
#3081   None needed until Q is due or R/M Jswink85 10/18/18 10:10:24 PM
#3080   No activity,, Hana3 10/18/18 07:42:29 PM
#3079   Now That's a beautiful thing! C'mon KRBF, we're JacksBack 10/18/18 02:09:53 PM
#3078   OTC Markets updated yesterday. No change to the CommonCents3 10/18/18 12:35:52 PM
#3077   You are both correct here, for All the JacksBack 10/17/18 01:32:19 PM
#3076   Thanks for the kind words stock_observer_77 10/17/18 04:31:47 AM
#3075   Stock Observer is a very savvy OTC investor. CommonCents3 10/16/18 11:57:13 PM
#3074   Good to know, thanks for posting. Jswink85 10/16/18 09:38:02 PM
#3073   Nov 15 stock_observer_77 10/16/18 09:35:09 PM
#3072   I’ll take it!! And....one day closer to payday!!! CC3 CommonCents3 10/16/18 05:31:41 PM
#3071   Any idea when it's due? Jswink85 10/16/18 05:25:33 PM
#3070   Waiting for the quarterly stock_observer_77 10/16/18 05:19:43 PM
#3069   GREEN is ALWAYS Good! JacksBack 10/16/18 05:19:01 PM
#3068   Wise man, wise approach... We'll be rewarded for JacksBack 10/15/18 01:08:52 PM
#3067   Well said! Looking to add if the Jswink85 10/15/18 01:04:29 PM
#3066   Patience is Reality in All of life JacksBack 10/15/18 01:02:38 PM
#3065   It's groundhog day here. Any day, week, Jswink85 10/15/18 12:52:24 PM
#3064   We are razor thin close Now, we're going JacksBack 10/15/18 07:47:38 AM
#3063   I second that :) I’ve been holding for LauraT 10/12/18 06:26:14 PM
#3062   Man I hope so! It sucks waiting lol Stallion4life38 10/12/18 03:42:13 PM
#3061   Is this how a locked float trades? Jswink85 10/12/18 12:44:39 PM
#3060   The waiting game is the Ultimate challenge, but, JacksBack 10/12/18 10:13:35 AM
#3058   Low volume walk down. When there is light CommonCents3 10/11/18 05:28:45 PM
#3057   Why the hell is this down do much? Stallion4life38 10/11/18 03:15:58 PM
#3056   Yep. S/S still pristine. This CEO is determined CommonCents3 10/11/18 03:11:14 PM
#3055   OTC Markets updated last night PennyStalker01 10/11/18 01:44:55 PM
#3054   I bought 4250 shares and dropped this 18% jball44 10/11/18 09:59:10 AM
#3053   If we can put together several green days get going 10/11/18 02:13:40 AM
#3052   GREEN my friends is ALWAYS Good! JacksBack 10/10/18 04:47:17 PM
#3051   We are moving in the right direction CC3, JacksBack 10/10/18 12:14:52 PM
#3050   Yeah, would love to see someone come in CommonCents3 10/10/18 11:39:07 AM
#3049   OTC: Only The Crazzees! LoL, Dow is JacksBack 10/10/18 11:23:25 AM
#3048   Yep absolutely asinine BearcatJohnnie 10/10/18 11:19:31 AM
#3047   And..... someone puts up a wall. Unreal.....Amateur hour. SMH CC3 CommonCents3 10/10/18 11:07:33 AM
#3046   Starting to creep back up. Hopefully we’re getting CommonCents3 10/10/18 10:50:27 AM
#3045   I luv reading your posts too CC3. To TrendTrade2016 10/10/18 05:55:14 AM
#3044   R u watching the real deal across town? TrendTrade2016 10/10/18 05:53:36 AM
#3043   Thank u very much for the kind words. CommonCents3 10/09/18 08:03:12 PM
#3042   Still here and still believe, CC3. get going 10/09/18 07:03:19 PM
#3041   I love reading your posts CC3 !!! You LauraT 10/09/18 06:36:55 PM
#3040   Hey CC3, we Never get tired of hearing JacksBack 10/09/18 03:43:42 PM
#3039   I know u guys are probably tired of CommonCents3 10/09/18 03:21:24 PM
#3038   Awesome News! JacksBack 10/09/18 02:59:36 PM
#3037   911 trade went through this morning... PennyStalker01 10/09/18 02:37:07 PM
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