Buckeye Oil and Gas, Inc. (BFSO)

[hedge_fun]

8K filed.......management change!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7984513

1. SALE OF SECURITIES, ETC .

1.1 Share Purchase . Subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 2.1 below) to be held pursuant to Section 2 below, the Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer, jointly and severally, shall purchase and acquire from the Seller, good and marketable title to the Shares, free and clear of all mortgages, liens, encumbrances, claims, equities and obligations to other persons of every kind and character, except that the Shares will be “restricted securities” as defined in the Securities Act of 1933, as amended (the “ Securities Act ”). The purchase price for the Shares shall be $352,941, payable to the Seller (the “ Purchase Price ”). Ravi Dhaddey shall purchase 32,900,000 of the Shares and Pol Brisset shall purchase 5,100,000 of the Shares.

1.2 Post-Closing Capital Structure . Immediately following the Closing there shall be no outstanding securities of the Company except 58,400,000 shares of Common Stock consisting of (a) 38,000,000 owned by Buyer; and (b) 20,400,000 shares of Common Stock owned by at least 25 other stockholders of the Company.

Looks like they bought the CLEAN shell for $352K or .0093 a share.

3.6 SEC Reports . The Company has filed in a timely manner with the Securities and Exchange Commission (the “ SEC ”) all reports required to be filed and is “current” in its reporting obligations (collectively, the “ SEC Reports ”). As of their respective dates, the SEC Reports comply in all material respects with the requirements of the Exchange Act and the rules and regulations promulgated thereunder and none of the SEC Reports contained an untrue statement of a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. As of their respective dates, the SEC Reports complied in all material respects with the requirements of the 1934 Act and the rules and regulations of the SEC promulgated thereunder applicable to the SEC Reports, and none of the SEC Reports, at the time they were filed with the SEC, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading. None of the statements made in any such SEC Reports is, or has been, required to be amended or updated under applicable law (except for such statements as have been amended or updated in subsequent filings prior the date hereof). Other than the letters from the SEC filed on Edgar, the Company has not received any other communication from the SEC, FINRA or any other regulatory authority regarding any SEC Report or any disclosure contained therein.

What do you know........MM Marketing Group wasn't even involved.