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Saturday, 05/26/2018 7:36:11 AM

Saturday, May 26, 2018 7:36:11 AM

Post# of 2525
https://globenewswire.com/news-release/2018/05/25/1512283/0/en/Century-Petroleum-Announces-The-Proposed-Reverse-Merger-With-A-Nigerian-Businessman.html

“Kent A. D. Clark, Chairman of Palewater Global Management Inc., the current parent company of Century Petroleum Corp, stated thus:
"The reverse merger with Century Petroleum Corp is a vital step in becoming a vibrant public company and is a key element of our growth strategy.  This reverse merger is a significant accomplishment for the Palewater Global Management Inc. Team." Clark continued, "We believe the positioning of Century Petroleum Corp. as a publicly-traded company will afford all the greatest opportunity to capitalize on the rapidly growing demand for high quality, lower-cost industrial products around the world.”


“The Letter Agreement was negotiated at arm’s length. Per the Agreement, Dr. Cletus Ibeto has acquired 70% control of Century Petroleum Corp. Effective May 24, 2018, Mandla J. Gwadiso, newly appointed Chairman and CEO of Century Petroleum Corp has stepped down and Dr. Cletus M. Ibeto has been appointed as the new Chairman of the Board effective immediately. Dr Cletus Ibeto was advised by Palewater Advisory Group Inc. on this transaction.”

https://globenewswire.com/news-release/2018/03/09/1420097/0/en/White-Smile-Global-Inc-Is-on-the-Move.html

NEW YORK, March 09, 2018 (GLOBE NEWSWIRE) -- White Smile Global, Inc. (OTC Pink:WSML) (“WSML” or the “Company”) is pleased to update its shareholders that there has been a change of control of the Company.
Palewater Global Management Inc. Founder, Mandla J. Gwadiso, stated, “As one may suspect there are several things going on with White Smile Global, Inc. First and foremost, there has been a change of control to Palewater Global Management Inc., a wholly owned subsidiary of Brooklyn Throne Inc. 
Additionally, as of yesterday I am please to announce that I have turned the reigns over to Mr. Egerton Forster and would like to welcome him as the incoming CEO and Chairman of the Board.”

“About Palewater Global Management Inc.
Founded in 2017, by Mandla J. Gwadiso, Palewater is growing to be one of the respected conglomerates in the world. With the founder’s entrepreneurial drive and the passion to take on opportunities that are usually overlooked by major players and his ability to find projects that are transformational in nature, Palewater is swiftly becoming a brand name to reckon with. The parent organization to over 25 subsidiary structures, Palewater is a significant privately held holding and management firm with an ever increasing global footprint and client base. Among its portfolio of clients are legions of government, publicly quoted and privately held companies all around the world, US, Asia, Europe and Africa. Palewater has businesses covering financial services, resources and energy, manufacturing, engineering contracting, oil & gas, biotech and real estate as well as others. While industries evolve, and the markets are volatile, Palewater seeks to keep at the edge of every market evolution and our businesses will continue to sustain longer than those of our competitors. Core to its success plan is the constant pursuit of three fundamental goals: to strive to be in the forefront of the industries in which it operates, to uphold strong corporate governance processes and to make the company a home to all its employees and give them every reason to be here. Predominantly, the guiding principle will always be: to create long-term value for all of its shareholders. http://www.palewaterglobal.com

No it actually wouldn’t be crazy at all. Like I mentioned, this is the same players taking over shells by Arcaro 1 by 1 it seems! These guys got big money and apparently have a man crush for Arcaro shells. AXMP being the next company these billionaires come in scoop up is NOT as unlikely a scenario as some may think it is. Have a great weekend guys!