KREIDO BIOFUELS, INC.
3625 Cove Point Drive
Salt Lake City, Utah 84109
May 1, 2018
Jay Ingram
Legal Branch Chief
Office of Manufacturing and Construction
Division of Corporation Finance
Securities and Exchange Commission
100 F Street, NW
Washington DC, 20549
Re: Kreido Biofuels, Inc. Registration Statement on Form 10, file number 000-55909
Dear Mr. Ingram:
I received a phone call today from Seergio Chinos asking me to clarify where Kreido Biofuels, Inc. trades. Their common stock has been assigned the symbol of KRBF. There approximately 100 shareholders of record, and approximately 400 shareholders in Depository Trust Corporation.
There is a limited market for KRBF which trades on the Pink Sheets of OTC Markets.
An established trading market currently does not exist.
Sincerely,
/s/ G. Reed Petersen, President