"Terms of the proposed reverse merger will incorporate a minor change of capital structure, whereas, restricted shares of the company will be issued to The Ibeto Group for the acquisition of Ibeto Cement Company Limited, all of its subsidiaries and assets such shares will be restricted. The Ibeto Group has agreed not to trade such shares during this restrictive period. There will be no change to the public float as all the shares pertaining to the planned reverse merger transaction will be restricted."
6-28-2018 Century Petroleum Announces Name Change to Ibeto
"Terms of the proposed reverse merger will incorporate a minor change of capital structure, whereas, restricted shares of the company will be issued to The Ibeto Group for the acquisition of Ibeto Cement Company Limited, all of its subsidiaries and assets such shares will be restricted. The Ibeto Group has agreed not to trade such shares during this restrictive period. There will be no change to the public float as all the shares pertaining to the planned reverse merger transaction will be restricted."
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