OTCIQ Order Form Addendum:

Change in Control or Court Appointed Custodian

Subscribers are required to submit additional information if your Company is applying for the Disclosure

  • News Service as a result of a Change in Control transaction or has a Court Appointed Custodian. Using the below templates, the relevant form should be sent directly to issuers@otcmarkets.com upon submission of the OTCIQ Order Form.

Your Company will be required to post this information as a "Supplemental Information" report through the OTCIQ portal once approved for the OTC Disclosure & News Service. The purpose of this requirement is to ensure that your Company publishes public disclosure of Change in Control or Court Appointed Custodian events.

Note: Your Company is only required to complete the relevant form (Change in Control or Court Appointed Custodian). Further, we understand that not all items may be applicable to your Company. You may state "not applicable" on the relevant form as needed.

Instructions to post Supplemental Information Report on www.OTCIQ.com:

  1. Fill out this form and convert the file to a PDF
  2. Log in to www.OTCIQ.com and click "Add Financial Report" on the left hand navigation
  3. Select Dissemination Date "Immediate"
  4. Under Report Type, select "Supplemental Information"
  5. Add a subtitle (Change in Control or Court Appointed Custodian)
  6. Enter Period End Date corresponding to date of the Change in Control or grant of Custodianship
  7. Click "Browse" and select the PDF saved in step 1 above.
  8. A preview of the document will appear next. Please make sure to review the entire document & scroll down to click the "Submit" button. Your report will appear within a few minutes on otcmarkets.com.

Supplemental Disclosure for Change of Control Events

CIBL, Inc.

165 West Liberty Street, Suite 210

Reno, NV 89501

________________________________

  1. 329 8955 ciblinc.com

office@ciblinc.com

The goal of this disclosure is to provide information with respect to a company's Change of Control event. Please address each of the below items to the best of the company's ability and to the extent they are applicable to the company's Change of Control event.

Disclosure of Change in Control and Other Material Events:

    1. A description of event(s) and relevant date(s) resulting in the Change in Control.1 Kenneth Masiello appointed as CFO on July 27, 2022 by Board of Directors
    2. The name(s) of person(s) who acquired control and person(s) from whom control was assumed. For corporations or other business entities, please provide the name(s) of person(s) beneficially owning or controlling such corporations or entities.2
      Kenneth Masiello appointed CFO as successor to Stephen Moore former CFO
    3. A description of assets acquired or disposed of in connection with the Change in Control and the names of the purchaser and seller of such assets (if applicable).
      Not applicable - Appointment as CFO of CIBL, Inc.
    4. Amount and form (e.g., cash, equity securities, promissory note) of consideration paid in connection with the Change in Control.
      None
  1. A "Change in Control" shall mean any events resulting in:
    1. Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
    2. The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
    3. A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
    4. The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
  2. See, Securities Exchange Act Rule 13d-3 for determination of "beneficial owner."

5. A description of any material agreements or other events related to the Change in Control. Board of directors appointment of Kenneth Masiello as CFO

Certification:

August , 2022

"/s/ [Kenneth Masiello, CFO]

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Disclaimer

CIBL Inc. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 21:14:19 UTC.