Replies to post #3507 on Century Petroleum Corp (CYPE)

[Themistocles_I]

I can see that you put a hell of a lot of thought into this. That was very well written, and I agree. We're invested in a real gem here.

Have a great holiday weekend!!!

[stervc]

dabullish, important with the $850 Million Financing...

Very important to note with the $850 Million financing is that to obtain such an approval of huge financing like this, much had to have been proven that such won't be a burden going forward for the company.

Something was proven behind the scenes that the company will generate in revenues at least equal value or two times the value or three times the value greater than the financed amount of $850 Million. Some kind of an official Due Diligence process was completed as the $850,000,000 was approved and is to be used for further expansion for the Ibeto Cement company that's coming into CYPE.

These links below say it all as I suspect the Revenues for CYPE to be as indicated below:

Ibeto Cement Company Limited Merger into CYPE News
https://finance.yahoo.com/news/century-petroleum-announces-proposed-reverse-143901066.html

http://ibeto.com/IBETO-page.asp?P=24


Ibeto Cement Company Limited Executes $850 Million Financing Agreement with Milost Global Inc.
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

https://www.milostglobal.com/about-us/overview

Milost Global, Inc. is an American Private Equity firm that is headquartered in New York City, with more than $25 billion in committed capital.

$850,000,000 x 1 Expected Revenues = $850,000,000 CYPE/Ibeto Cement Revenues

Or...

$850,000,000 x 2 Expected Revenues = $1,700,000,000 CYPE/Ibeto Cement Revenues

Or...

$850,000,000 x 3 Expected Revenues = $2,550,000,000 CYPE/Ibeto Cement Revenues

http://ibeto.com/IBETO-home.asp?P=1

v/r
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