CABP

Cabinda National Petroleum
Unincorporated Business Organization formerly Cabinda National Petroleum PLC

contact: cabinda@protonmail.ch

NOTE: Initial offering consists of Units equalling no more than 10% of the national hydrocarbon monopoly. The Units attain actual value upon independence and until then are future contigent assets. Cabinda National Petroleum is an organ of the Republic of Cabinda, the de facto government of Cabinda, one of the largest oil producing countries in Africa. U.S. GAAP, ASC 450-20 defines a contingency as an “existing condition, situation, or set of circumstances involving uncertainty as to possible gain (gain contingency) or loss (loss contingency) to an entity that will ultimately be resolved when one or more future events occur or fail to occur.”