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Kreido, Biofuels, Inc. (KRBF)

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Last Post: 12/14/2018 12:42:57 PM - Followers: 98 - Board type: Free - Posts Today: 3


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
Authorized Shares
Outstanding Shares
Held at DTC


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KRBF News: Statement of Beneficial Ownership (sc 13d) 11/27/2018 06:10:05 AM
KRBF News: Quarterly Report (10-q) 11/13/2018 11:34:05 AM
KRBF News: Statement of Beneficial Ownership (sc 13d) 10/22/2018 12:08:06 PM
KRBF News: Initial Statement of Beneficial Ownership (3) 10/22/2018 11:52:19 AM
KRBF News: Quarterly Report (10-q) 08/01/2018 03:56:13 PM
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#2814  Sticky Note KRBF DD Chinese Merger Evergreen Connection! PennyStalker01 09/17/18 09:44:42 PM
#3286   Your welcome. I know it’s not a kilerb 12/14/18 12:42:56 PM
#3285   Lol, no I believe that I have is JacksBack 12/14/18 07:25:43 AM
#3284   If all else fails, you 2 should go kilerb 12/14/18 05:19:36 AM
#3283   Yeah that's True, here's the other opportunities to JacksBack 12/13/18 08:38:04 PM
#3282   Going on 8 months... stock_observer_77 12/13/18 11:34:21 AM
#3281   it's just so difficult for me to JacksBack 12/13/18 10:20:25 AM
#3280   Hey fellow gold mine shareholders, a mere JacksBack 12/12/18 02:10:54 PM
#3279   Still contend nothing will happen this year stock_observer_77 12/12/18 09:24:40 AM
#3278   Awesome but put the seat buckle on, we JacksBack 12/12/18 12:09:54 AM
#3277   Agreed! I’m just sitting quietly waiting for the BOOM Lukew12 12/11/18 11:37:55 PM
#3276   I mean I've been doing this about 35 JacksBack 12/11/18 04:31:38 PM
#3275   I absolutely agree. These guys are doing everything CommonCents3 12/11/18 12:32:54 PM
#3274   So, anybody else agree the future for KRBF JacksBack 12/11/18 11:47:17 AM
#3273   CC3, I'M SO HAPPY THAT THIS IS STILL JacksBack 12/10/18 03:21:58 PM
#3272   Somebody is scooping up some cheapies before the CommonCents3 12/10/18 10:16:33 AM
#3271   To be clear, before this most recent update CommonCents3 12/09/18 08:52:42 PM
#3270   They now officially have the float at just CommonCents3 12/07/18 05:07:35 PM
#3269   WE ARE SO EXCITED & READY TO WATCH JacksBack 12/06/18 03:53:51 PM
#3268   Short Interest Reduced By 49.79% https://enbulletin.com/2018/12/03/kreido-biofue guay 12/04/18 08:05:40 AM
#3267   Let’s get an early Xmas gift w/ an CommonCents3 12/01/18 09:51:18 PM
#3265   I definitely feel your pain of recent price JacksBack 11/29/18 07:44:09 PM
#3264   Right on man! I really appreciate you taking Stallion4life38 11/29/18 05:43:46 PM
#3263   Excellent news joe117 11/29/18 04:13:31 PM
#3262   OTCMARKETS updated again. No change to the S/S. CC3 CommonCents3 11/29/18 04:12:37 PM
#3261   Hey Buddy- we’re on the same team CommonCents3 11/29/18 12:49:17 PM
#3260   Ok, fair enough! Stallion4life38 11/29/18 12:36:00 PM
#3259   Thats what is seems like. One day it Stallion4life38 11/29/18 12:35:34 PM
#3258   Haha! 2,750 share trade is dumping?! Good one! Lukew12 11/29/18 12:03:56 PM
#3257   People are dumping? There was one trade for CommonCents3 11/29/18 12:02:15 PM
#3256   This POS stock! You have a good day Stallion4life38 11/29/18 11:57:45 AM
#3255   I guess so LOL. Stallion4life38 11/29/18 11:54:43 AM
#3254   Nice. Looks like we are a basketball school CommonCents3 11/29/18 09:03:53 AM
#3253   I'm originally from Michigan. I joined the Air Stallion4life38 11/29/18 01:23:53 AM
#3252   $450 traded today stock_observer_77 11/28/18 06:51:02 PM
#3251   Low floater. With R/M news 0.20+ easily $KRBF PutYourBigBoyPantsOn 11/28/18 04:51:20 PM
#3250   It's shock & Awe that this Gold will JacksBack 11/28/18 11:34:50 AM
#3249   Can u imagine when the Chinese $ hits CommonCents3 11/28/18 10:59:55 AM
#3248   Note to Self, " Green is Good" KRBF JacksBack 11/28/18 10:53:55 AM
#3247   Yes CC3, need NO MORE CONVINCING! THE RUN JacksBack 11/27/18 09:05:08 PM
#3246   Yeah, the only peeps trying to add are CommonCents3 11/27/18 04:37:17 PM
#3245   Ask moved up to .0374, but still hardly Quintessence 11/27/18 03:44:13 PM
#3244   And.....our hungry man at .026 returns. Something is CommonCents3 11/27/18 01:49:51 PM
#3243   I agree. Easy to see where we are CommonCents3 11/27/18 09:28:18 AM
#3242   I particularly like Item 4. Purpose of Transaction: Quintessence 11/27/18 09:22:46 AM
#3241   Nice. By the book as usual. Based on CommonCents3 11/27/18 09:19:22 AM
#3240   Schedule 13D out regarding Chao Zhang's 21M shares. Quintessence 11/27/18 07:31:12 AM
#3239   Yes Indeedy CC3! I cannot wait for the JacksBack 11/26/18 03:52:50 PM
#3238   Someone has quite the appetite at .026. He’s CommonCents3 11/26/18 03:37:00 PM
#3237   Well, I waited all year for “The Game” CommonCents3 11/26/18 09:07:42 AM
#3236   OT: Just saw the stats on Michigan attendance stock_observer_77 11/23/18 08:30:42 AM