Edgar Filing: QUIKBYTE SOFTWARE INC

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Schedule 14f-1

Information Statement
Pursuant to Section 14(f) of the
Securities Exchange Act of 1934
and Rule 14f-1 Promulgated Thereunder

QUIKBYTE SOFTWARE, INC.
-----------------------
(Exact name of registrant as specified in charter)

Colorado
--------
(State or other Jurisdiction of Incorporation or Organization)

000-52228 33-0344842
--------- ----------
(Commission File Number) (IRS Employer Identification No.)
7609 Ralston Road Arvada,

(303) 422-8127
--------------
(Registrant's telephone
number, including area code)

N/A
---
(Former name or former address, if changed since last report)

March 8, 2007

QUIKBYTE SOFTWARE, INC.

INFORMATION STATEMENT
PURSUANT TO SECTION 14(f) OF THE
SECURITIES EXCHANGE ACT OF 1934
AND RULE 14f-1 PROMULGATED THEREUNDER

THIS INFORMATION STATEMENT IS BEING PROVIDED FOR INFORMATIONAL PURPOSES ONLY. NO
VOTE OR OTHER ACTION OF THE STOCKHOLDERS OF QUIKBYTE SOFTWARE, INC. IS REQUIRED
IN CONNECTION WITH THIS INFORMATION STATEMENT. NO PROXIES ARE BEING SOLICITED
AND YOU ARE REQUESTED NOT TO SEND A PROXY TO QUIKBYTE SOFTWARE, INC.

INTRODUCTION

This Information Statement is being furnished to stockholders of record
as of March 7, 2007, of the outstanding shares of common stock, $0.0001 par
value (the "Common Stock") of QuikByte Software, Inc., a Colorado corporation
("QuikByte"), pursuant to Section 14(f) of the Securities Exchange Act of 1934
(the "Exchange Act") and Rule 14f-1 promulgated thereunder, in connection with
the issuance of certain shares of Common Stock pursuant to a Securities Purchase
Agreement dated March 2, 2007 ("Purchase Agreement") by and among KI Equity
Partners V, LLC, a Delaware limited liability company ("KI Equity") and
QuikByte.

Under the terms of the Purchase Agreement, QuikByte will, at closing of
the transactions contemplated under the Purchase Agreement ("Closing"), sell to
KI Equity, and KI Equity will purchase from QuikByte, 60,000,000 shares of
QuikByte's Common Stock, on a post-Reverse Split basis ("Shares") for a purchase
price of $600,000 ("Purchase Price"), or $0.01 per share. Prior to the Closing,
QuikByte's 1-for-20 reverse stock split, which is discussed below, will have
become effective. A copy of the Purchase Agreement is included as Exhibit 2.1 to
QuikByte's Current Report dated March 2, 2007 and filed with the U.S. Securities
and Exchange Commission ("SEC") on March 6, 2007 and is hereby incorporated by
this reference. The Purchase Agreement is the legal document that governs the
issuance of the Shares and the other transactions contemplated by the Purchase
Agreement. The discussion of the Purchase Agreement set forth herein is
qualified in its entirety by reference to this Exhibit 2.1.

The Purchase Agreement provides that, at Closing, QuikByte's existing
officers will resign, and QuikByte's existing directors will appoint Kevin R.
Keating as the Chief Executive Officer, Chief Financial Officer, President,
Secretary and Treasurer. In addition, effective as of the Closing, QuikByte's
existing directors will appoint Kevin R. Keating, Margie Blackwell and Jeff
Andrews (collectively, the "New Directors") to act as directors of QuikByte,
each effective as of the Closing. Biographical information on the New Directors
is described in more detail below. All information concerning KI Equity and the
New Directors has been provided to QuikByte by KI Equity.

Following the Closing, and effective on the tenth (10th) day after this
Schedule 14(f)-1 Information Statement ("Information Statement") is filed with
the SEC and distributed to QuikByte's stockholders, the current directors of
QuikByte will resign. At the time such resignations become effective, there will
be a change of control of QuikByte.

This Information Statement is being furnished pursuant to Section 14(f)
of the Exchange Act, and Rule 14f-1 promulgated thereunder. No action is
required by the stockholders of QuikByte in connection with this Information
Statement. However, Section 14(f) of the Exchange Act of 1934 and Rule 14f-1
promulgated thereunder require the mailing to QuikByte's stockholders of record
of the information set forth in this Information Statement at least 10 days
prior to the date a change in a majority of QuikByte's directors occurs
(otherwise than at a meeting of QuikByte's stockholders). Accordingly, the
resignation of the current directors and the resulting change in a majority of
QuikByte's directors will not occur until at least 10 days following the filing
and mailing of this Information Statement. This Information Statement will be
first mailed to QuikByte's stockholders of record on or about March 9, 2007.

PROPOSED CHANGE IN CONTROL TRANSACTION

On March 2, 2007, QuikByte and KI Equity entered into the Purchase
Agreement under which QuikByte will sell to KI Equity, and KI Equity will
purchase from QuikByte, 60,000,000 shares of QuikByte's Common Stock ("Shares")
for a purchase price of $600,000 ("Purchase Price"), or $0.01 per share. The
issuance of the Shares is intended to be exempt from registration under the
Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section
4(2) thereof and such other available exemptions. As such, the Shares may not be
offered or sold in the United States unless they are registered under the
Securities Act, or an exemption from the registration requirements of the
Securities Act is available. No registration statement covering the Shares has
been or is expected to be filed with the United States Securities and Exchange
Commission ("SEC" or "Commission") or with any state securities commission in
connection with the issuance of the Shares. However, as a condition to the
Closing, QuikByte will grant certain demand and piggyback registration rights to
KI Equity with respect to the Shares. The registration rights agreement covering
the foregoing registration rights will be executed by QuikByte and KI Equity at
the Closing.

In connection with the Purchase Agreement, and as a condition to the
Closing, Bruno Koch, J.B. Heidebrecht and Mark Nixon, each of whom were former
executive officers and directors of QuikByte for all or a portion of the period
commencing January 26, 1989 and ending on or about December 31, 1991
(collectively, the "Former Principals") will agree to terminate any and all
agreements and contracts with QuikByte and irrevocably release QuikByte from any
and all debts, liabilities and obligations, pursuant to the terms and conditions
of a certain settlement agreement ("Settlement Agreement") to be executed prior
to the Closing. QuikByte will pay the Former Principals, at the Closing, an
aggregate cash payment of $35,000. The Former Principals have also agreed to
cancel, and return to QuikByte, an aggregate of 2,450,000 shares of common
stock, on a post-Reverse Split basis.

In connection with the Purchase Agreement, and as a condition to the
Closing, Ponce Acquisition, LLC ("Ponce") will agree to cancel, and return to
QuikByte, an aggregate of 7,450,000 shares of common stock, on a post-Reverse
Split basis.

Following the issuance of the Shares to KI Equity under the Purchase
Agreement, and following the share cancellations by the Former Principals and
Ponce, KI Equity will own approximately 92.7% of the total outstanding shares of
QuikByte's common stock, on a post-Reverse Split basis, immediately following
the Closing.

The Registration Rights Agreement and the Settlement Agreement will be
included as exhibits in a Current Report to be filed with the SEC by QuikByte
following the Closing.

The completion of the transactions contemplated under the Purchase
Agreement are also subject to the satisfaction of certain other contingencies
including, without limitation, (i) the payment of all of QuikByte's liabilities
and obligations at Closing from the proceeds of the Purchase Price (including
the consideration payable to the Former Principals under the Settlement
Agreement), (ii) the cancellation of all contracts involving QuikByte, (iii) the
filing of QuikByte's Annual Report on Form 10-KSB for the year ended December
31, 2006, (iv) compliance with regulatory requirements, (v) the continued
quotation of QuikByte's common stock on the NASD Over-the-Counter Bulletin Board
("OTC BB"), (vi) delivery of certain legal opinions from QuikByte's counsel,
(vii) the delivery of various closing documents, (viii) the resignation of
QuikByte's existing officers as of the Closing, and (ix) the filing with the
SEC, and the mailing to QuikByte's stockholders, of this Information Statement
announcing the proposed change of control pursuant to the Purchase Agreement.

Effective as of the Closing, QuikByte's existing officers will resign,
and QuikByte's existing directors will appoint Kevin R. Keating as the Chief
Executive Officer, Chief Financial Officer, President, Secretary and Treasurer.
In addition, effective as of the Closing, QuikByte's existing directors will
appoint Kevin R. Keating, Margie Blackwell and Jeff Andrews (collectively, the
"New Directors") to act as directors of QuikByte, each effective as of the
Closing. Biographical information on the New Directors is described in more
detail below.

The Purchase Agreement requires, as a condition to Closing, that this
Information Statement be filed with the SEC and mailed to its stockholders.
Following the Closing, and effective on the tenth (10th) day after this Schedule
14(f)-1 Information Statement ("Information Statement") is filed with the SEC
and distributed to QuikByte's stockholders, the current directors of QuikByte
will resign. At the time such resignations become effective, there will be a
change of control of QuikByte.

The parties expect the closing of the transactions under the Purchase
Agreement to occur on or about March 15, 2007. However, there can be no
assurances that the transactions under the Purchase Agreement will be completed.

The Purchase Agreement may be terminated as follows: (i) by mutual
written consent, (ii) by either party if the purchase transaction is not
consummated by March 15, 2007, (iii) by either party if the purchase transaction
is prohibited by issuance of an order, decree or ruling, and (iv) by either
party if the other is in material breach of any representation, warranty,
covenant or agreement.

The current directors of QuikByte have approved the Purchase Agreement
and the transactions contemplated thereunder, the Settlement Agreement and the
Registration Rights Agreement.

VOTING SECURITIES

On March 2, 2007, QuikByte amended its Articles of Incorporation to
reduce its authorized capital stock. The amendment reduced the authorized common
stock from 500,000,000 shares, with a par value of $0.0001 per share, to
250,000,000 shares, with a par value of $0.0001 per share. The amendment also
reduced the authorized preferred stock from 100,000,000 shares, with a par value
of $0.0001 per share, to 10,000,000 shares, with a par value of $0.0001 per
share.

The amendment also provided for a 1-for-20 reverse stock split
("Reverse Split") of QuikByte's common stock outstanding on March 7, 2007.
Subject to compliance with Rule 10b-17 promulgated under the Securities Exchange
Act of 1934, as amended, every 20 shares of QuikByte's common stock shall
automatically, without any action on the part of the holder thereof or QuikByte,
be combined into and shall become one (1) fully paid and non-assessable share of
QuikByte's common stock. No fractional shares of common stock or scrip
certificate therefor will be issued to the holders of the shares of common stock
by reason of the foregoing Reverse Split. Any fractions resulting from the
Reverse Split computation will be rounded up to the next whole share. The total
number of shares of common stock that QuikByte shall have the authority to issue
shall remain 250,000,000 shares after the Reverse Split.

QuikByte's common stock is the only class of equity securities that is
currently outstanding and entitled to vote at a meeting of QuikByte's
stockholders. Each share of common stock entitles the holder thereof to one
vote. Accordingly, upon the effectiveness of the Reverse Split, and following
the issuance of the Shares to KI Equity under the Purchase Agreement and the
share cancellations by the Former Principals and Ponce, as described above,
QuikByte will have approximately 64,702,451 shares of common stock outstanding,
subject to the round up for fractional shares in connection with the Reverse
Split.

QUIKBYTE'S BUSINESS

QuikByte has nominal assets and its sole business will be to identify,
evaluate and investigate various companies with the intent that, if such
investigation warrants, a reverse merger transaction could be negotiated and
completed pursuant to which QuikByte would acquire a target company with an
operating business with the intent of continuing the acquired company's business
as a publicly held entity.

DIRECTORS AND OFFICERS

The following table sets forth the names, positions and ages of current
executive officers and directors of QuikByte. All directors serve until the next
annual meeting of stockholders or until their successors are elected and
qualified. Officers are elected by the board of directors and their terms of
office are, except to the extent governed by employment contract, at the
discretion of the board of directors. There is no family relationship between
any director or executive officer.

Name Age Position
------------------------------------------ ------------ ---------------------------------------------
Reed Clayson 76 President, Secretary and Director

Redgie Green 53 Director

Wesley F. Whiting 73 Director

Reed Clayson, age 76, has been Secretary and Director of QuikByte since
2003 and President since May 2006. Mr. Clayson has undergraduate degrees in
physics and journalism, from Utah State University (USU) in 1953 and 1963,
respectively. He is a former Ph.D. candidate (physics) at University of
California Los Angles (UCLA) in parallel with full-time employment and has done
graduate work in English and physics at USU. Mr. Clayson has completed
successful proposals/grant applications, often followed by project direction or
support, for U.S. Department of Interior, National Science Foundation, DOE INEEL
Laboratory, U.S. Department of Defense, U.S. Veterans Administration, U.S.
Environmental Protection Agency, U.S. Department of Justice, state and local
agencies, and some major commercial firms. In addition to QuikByte, he has been
an officer and director in Evergreen Associates, Inc. (2000-2004), Resource
Science, Inc. (2003-2006) and Synfuels Engineering Development, Inc.
(1981-Present).

Redgie Green, age 53, has been Director of QuikByte since February 2007.
Mr. Green has also been Secretary and Director of Sun River Energy, Inc. since
1998. Mr. Green had been co-owner and operator of Green's B&R Enterprises, a
wholesale donut baker from 1983 to 2006. He has also been an active investor in
small capital and high-technology adventures since 1987. Mr. Green was a
director of Colorado Gold & Silver, Inc. in 2000. He was a director for Houston
Operating Company in late 2003 until December 2004. He recently served as a
director for Mountains West Exploration, Inc. in 2005. He is a Director of
Cavion Technologies, Inc. (2006), Aspeon, Inc. (2006), and Captech Financial
Group, Inc. (2006). He served as a director of Baymark Technologies, Inc.
2005-2006.

Wesley F. Whiting, age 73, has been a Director of QuikByte since February
2007. Mr. Whiting was President, Director and Secretary of Berge Exploration,
Inc. (1978-88), President, Vice President and Director of NELX, Inc.
(1994-1998), Vice President and Director of Intermountain Methane Corporation
(1988-1991) and President of Westwind Production, Inc. (1997-1998). He was a
Director of Kimbell deCar Corporation from 1998 until 2000, and he has been
President and a Director of Dynadapt System, Inc. since 1998. He was a Director
of Colorado Gold & Silver, Inc. from 1999 to 2000. He was President and Director
of Business Exchange Holding Corp. from 2000 to 2002 and Acquisition Lending,
Inc. from 2000 to 2002. He was Director and Vice President of Utilitec, Inc.
from 1999 to 2002, and has been Vice President and Director of Agro Science,
Inc. since 2001. He was President and Director of Premium Enterprises, Inc. from
October 2002 to December 31, 2002. He is Vice President and Director of
Evergreen Associates, Inc. and Resource Science, Inc. He was appointed Director
and Secretary of BSA SatelLINK, Inc. in 2002. He was President and Director of
Fayber Group, Inc. from 2003 to 2005 when he resigned. He has been a Director
and Secretary of Jagged Edge Mountain Gear, Inc. since 2005. He has also been
Director of Life USA, Inc. since 2003. He served as a director of Baymark
Technologies, Inc. from 2005 to 2006. He is a director of Cavion Technologies,
Inc. (2006) and Aspeon, Inc. (2006). He has been President and Director of
Captech Financial Group, Inc. since 2006.

COMMITTEES OF BOARD OF DIRECTORS

Audit Committee and Audit Committee Financial Expert

QuikByte is not a "listed company" under SEC rules and is therefore not
required to have an audit committee comprised of independent directors. QuikByte
does not currently have an audit committee, however, for certain purposes of the
rules and regulations of the SEC and in accordance with the Sarbanes-Oxley Act
of 2002, QuikByte's board of directors is deemed to be its audit committee and
as such functions as an audit committee and performs some of the same functions
as an audit committee including: (1) selection and oversight of QuikByte's
independent accountant; (2) establishing procedures for the receipt, retention
and treatment of complaints regarding accounting, internal controls and auditing
matters; and (3) engaging outside advisors. QuikByte's board of directors has
determined that its members do not include a person who is an "audit committee
financial expert" within the meaning of the rules and regulations of the SEC.
The board of directors has determined that each of its members is able to read
and understand fundamental financial statements and has substantial business
experience that results in that member's financial sophistication. Accordingly,
the board of directors believes that each of its members have the sufficient
knowledge and experience necessary to fulfill the duties and obligations that an
audit committee would have.

CODE OF ETHICS

A code of ethics relates to written standards that are reasonably
designed to deter wrongdoing and to promote:

o Honest and ethical conduct, including the ethical handling of actual or
apparent conflicts of interest between personal and professional relationships;

o Full, fair, accurate, timely and understandable disclosure in reports and
documents that are filed with, or submitted to, the SEC and in other public
communications made by an issuer;

o Compliance with applicable governmental laws, rules and regulations;

o The prompt internal reporting of violations of the code to an appropriate
person or persons identified in the code; and

o Accountability for adherence to the code.

Due to the limited scope of QuikByte's current operations, QuikByte has
not adopted a corporate code of ethics that applies to its executive officers.

CONFLICTS OF INTEREST

Certain conflicts of interest exist and may continue to exist between
QuikByte and its officers and directors due to the fact that each has other
business interests to which they devote their primary attention. Each officer
and director may continue to do so notwithstanding the fact that management time
should be devoted to the business of QuikByte.

Certain conflicts of interest may exist between QuikByte and its
management, and conflicts may develop in the future. QuikByte has not
established policies or procedures for the resolution of current or potential
conflicts of interest between QuikByte, its officers and directors or affiliated
entities. There can be no assurance that management will resolve all conflicts
of interest in favor of QuikByte, and conflicts of interest may arise that can
be resolved only through the exercise by management their best judgment as may
be consistent with their fiduciary duties. Management will try to resolve
conflicts to the best advantage of all concerned.

BOARD MEETINGS; NOMINATING AND COMPENSATION COMMITTEES

The Board of Directors took a number of actions by written consent of
all of the directors during the fiscal year ended December 31, 2006. Such
actions by the written consent of all directors are, according to Colorado
corporate law and QuikByte's by-laws, as valid and effective as if they had been
passed at a meeting of the directors duly called and held. QuikByte's directors
and officers do not receive remuneration from QuikByte unless approved by the
Board of Directors or pursuant to an employment contract. No compensation has
been paid to QuikByte's directors for attendance at any meetings during the last
fiscal year.

QuikByte does not have standing nominating or compensation committees,
or committees performing similar functions. QuikByte's board of directors
believes that it is not necessary to have a compensation committee at this time
because the functions of such committee are adequately performed by the board of
directors. The board of directors also is of the view that it is appropriate for
QuikByte not to have a standing nominating committee because the board of
directors has performed and will perform adequately the functions of a
nominating committee. QuikByte is not a "listed company" under SEC rules and is
therefore not required to have a compensation committee or a nominating
committee.

SHAREHOLDER COMMUNICATIONS

There has not been any defined policy or procedure requirements for
stockholders to submit recommendations or nomination for directors. The board of
directors does not believe that a defined policy with regard to the
consideration of candidates recommended by stockholders is necessary at this
time because it believes that, given the limited scope of QuikByte's operations,
a specific nominating policy would be premature and of little assistance until
QuikByte's business operations are at a more advanced level. There are no
specific, minimum qualifications that the board of directors believes must be
met by a candidate recommended by the board of directors. Currently, the entire
board of directors decides on nominees, on the recommendation of any member of
the board of directors followed by the board's review of the candidates' resumes
and interview of candidates. Based on the information gathered, the board of
directors then makes a decision on whether to recommend the candidates as
nominees for director. QuikByte does not pay any fee to any third party or
parties to identify or evaluate or assist in identifying or evaluating potential
nominee.

QuikByte does not have any restrictions on shareholder nominations
under its certificate of incorporation or by-laws. The only restrictions are
those applicable generally under Colorado law and the federal proxy rules. The
board of directors will consider suggestions from individual shareholders,
subject to evaluation of the person's merits. Stockholders may communicate
nominee suggestions directly to the board of directors, accompanied by
biographical details and a statement of support for the nominees. The suggested
nominee must also provide a statement of consent to being considered for
nomination. There are no formal criteria for nominees.

Because the management and directors of QuikByte are the same persons,
the Board of Directors has determined not to adopt a formal methodology for
communications from shareholders on the belief that any communication would be
brought to the board of directors' attention by virtue of the co-extensive
capacities served by Messrs. Clayson, Green and Whiting.

INDEMNIFICATION

Under Colorado law and pursuant to our articles of incorporation and
bylaws, QuikByte may indemnify its officers and directors for various expenses
and damages resulting from their acting in these capacities. Insofar as
indemnification for liabilities arising under the Securities Act of 1933, as
amended, may be permitted to QuikByte's officers or directors pursuant to the
foregoing provisions, QuikByte has been informed that, in the opinion of the
SEC, this indemnification is against public policy as expressed in the
Securities Act, and is therefore unenforceable.

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

Section 16(a) of the Securities Exchange Act of 1934, as amended,
requires QuikByte's directors and executive officers, and persons who
beneficially own more than 10% of a registered class of QuikByte's equity
securities, to file reports of beneficial ownership and changes in beneficial
ownership of QuikByte's securities with the SEC on Forms 3 (Initial Statement of
Beneficial Ownership), 4 (Statement of Changes of Beneficial Ownership of
Securities) and 5 (Annual Statement of Beneficial Ownership of Securities).
Directors, executive officers and beneficial owners of more than 10% of
QuikByte's common stock are required by SEC regulations to furnish QuikByte with
copies of all Section 16(a) forms that they file. Except as otherwise set forth
herein, based solely on review of the copies of such forms furnished to
QuikByte, or written representations that no reports were required, QuikByte
believes that for the fiscal year ended December 31, 2006 beneficial owners
complied with the Section 16(a) filing requirements applicable to them in that
each officer, director and beneficial owner of 10% or more of QuikByte's
securities filed a Form 3 with the SEC and has had no change of ownership since
such filing.

EXECUTIVE COMPENSATION SUMMARY

The following Executive Compensation Chart highlights the compensation
for QuikByte's executive officers for the fiscal years ended December 31, 2004,
2005 and 2006.

---------------------------------------------------------------------- ---------------------------------------

Long Term Compensation
---------------------------------------------------------------------- ---------------------------------------
Annual Compensation Awards Payouts
------------------------------ --------------------------------------- --------------------------- -----------
Securities
Name Other Restricted Underlying
and Annual Stock Options/ LTIP All Other
Principal Salary ($) Bonus Compensation Award(s) SARs (#) Payouts Compensation
Position Year ($) ($) ($) ($) ($)
---------------------- ------- ----------- --------- ----------------- ------------- ------------- ----------- -----------------
Reed Clayson 2006 $0 $0 $0 N/A N/A N/A N/A
(President and 2005 $0 $0 $0 N/A N/A N/A N/A
Secreatry) 2004 $0 $0 $0 N/A N/A N/A N/A

---------------------- ------- ----------- --------- ----------------- ------------- ------------- ----------- -----------------

No compensation was paid to QuikByte's directors during 2006.

QuikByte adopted the 1989 stock option plan, and there are no stock
options outstanding as of the date of this filing.

NEW DIRECTOR AND OFFICERS

Following the Closing, and effective on the tenth (10th) day after this
Schedule 14(f)-1 Information Statement ("Information Statement") is filed with
the SEC and distributed to QuikByte's stockholders, Messrs. Clayson, Whiting and
Green will resign as QuikByte directors. At the time such resignations become
effective, there will be a change of control of QuikByte.

Kevin R. Keating, 66 years old, is the managing member of Vero Management,
LLC, which provides administrative and financial consulting services for
micro-cap public companies. For more than 40 years, he has been engaged in
various aspects of the investment business. Mr. Keating began his Wall Street
career with the First Boston Company in New York in 1965. From 1967 through
1974, he was employed by several institutional research boutiques where he
functioned as Vice President Institutional Equity Sales. From 1974 until 1982,
Mr. Keating was the President and Chief Executive Officer of Douglas Stewart,
Inc., a New York Stock Exchange member firm. From 1982 through 2006, he was
associated with a variety of securities firms as a registered representative
servicing the needs of high net worth individual investors. Additionally, Mr.
Keating currently serves as director on the boards of Catalyst Lighting Group,
Inc., 99 Cent Stuff, Inc., Blue Holdings, Inc., People's Liberation, Inc.,
DigitalFX International, Inc. and Frezer, Inc. He is also the sole officer and
director of Wentworth II, Inc., Wentworth IV, Inc. and Wentworth V, Inc., all of
which are publicly-reporting, non-trading blank check companies.

Kevin R. Keating is the father of Timothy J. Keating, the principal
member of Keating Investments, LLC. Keating Investments, LLC is the managing
member of KI Equity.

Margie L. Blackwell, age 51, is a Member of Keating Investments, LLC,
an SEC Registered Investment Advisor, and has been with the firm since 2000.
From 1993 to 1999, she was a financial assistant to various non-public
companies. Prior to that, she worked with the Chairman of the Board of
Tele-Communications, Inc. ("TCI"), for eleven years. She first served in the
capacity of Executive Assistant and was later promoted to Plan Manager of TCI's
Employee Stock Purchase Plan. She was responsible for management of the Stock
Plan, a 401(k) qualified plan that invested primarily in TCI stock. In addition,
Ms. Blackwell served on the TCI Employee Stock Purchase Plan Committee as Plan
Secretary.

Margie L. Blackwell is a member of Keating Investments, LLC. Keating
Investments, LLC is the managing member of KI Equity.

Jeff L. Andrews, age 37, is a Member of Keating Investments, LLC, and
has been with Keating Securities, LLC, an NASD member firm, since 2003. He is a
Registered Principal having completed his Series 7, 24 and 66 examinations, and
is also Colorado Insurance Licensed. He was formerly Financial Advisor with UBS
Financial Services (PaineWebber), Denver. Mr. Andrews started his career in
media, managing a Summit County, Colorado television affiliate of Resort Sports
Network and the Copley Theatre at The New England in Boston. He is currently a
board member of 9Kids Who Care at KUSA-TV and a member of the CTEK Angels
investment group in Denver, Colorado. Mr. Andrews is a 1994 graduate of Tufts
University with a B.A. in English and Political Science.

Jeff L. Andrews is a member of Keating Investments, LLC. Keating
Investments, LLC is the managing member of KI Equity.

Based on information provided to QuikByte by KI Equity, none of the New
Directors currently beneficially owns any equity securities or rights to acquire
any securities of QuikByte, and none of them have been involved in any
transaction with QuikByte or any of its directors, executive officers or
affiliates that is required to be disclosed pursuant to the rules and
regulations of the SEC, other than with respect to the transactions that have
been described herein. Based on information provided to QuikByte by KI Equity,
the New Directors have not been convicted in a criminal proceeding, excluding
traffic violations or similar misdemeanors, nor has he been a party to any
judicial or administrative proceeding during the past five years, except for
matters that were dismissed without sanction or settlement, that resulted in a
judgment, decree or final order enjoining the person from future violations of,
or prohibiting activities subject to, federal or state securities laws, or a
finding of any violation of federal or state securities laws.

SECURITY OWNERSHIP OF
CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information regarding QuikByte's
common stock beneficially owned on March 5, 2007, prior to giving effect to the
Reverse Split, for (i) each shareholder QuikByte knows to be the beneficial
owner of 5% or more of its outstanding common stock, (ii) each of QuikByte's
executive officers and directors, and (iii) all executive officers and directors
as a group. In general, a person is deemed to be a "beneficial owner" of a
security if that person has or shares the power to vote or direct the voting of
such security, or the power to dispose or to direct the disposition of such
security. A person is also deemed to be a beneficial owner of any securities of
which the person has the right to acquire beneficial ownership within 60 days.
To the best of QuikByte's knowledge, all persons named have sole voting and
investment power with respect to such shares, except as otherwise noted. Except
as set forth in this Information Statement, there are not any pending or
anticipated arrangements that may cause a change in control of QuikByte. At
March 5, 2007, 292,049,012 shares of QuikByte's common stock were outstanding,
prior to giving effect to the Reverse Split.

Number of Shares
Name Beneficially Owned Percent of Shares
---- ------------------ -----------------
Reed 0 0%
Clayson
11158 W. 68th Way
Arvada, CO 80004

Ponce Acquisition LLC 150,000,000 51.4%
c/o Michael A. Littman, Managing Member
7609 Ralston Road
Arvada, CO 80002

Mark R. Nixon 21,500,000 7.4%
2506 Topanga Skyline Dr.
Topanga, CA 90290

J.B.Heidebrecht 23,000,000 7.9%
3621 Garnet St., #1
Torrance, CA 90503

Wesley F. Whiting 0 0%
Suite 210 E, 10200 W. 44th Ave.
Wheat Ridge, CO 80033

Redgie Green 0 0%
16538 W. 76th Dr.
Arvada, CO 80007

All Executive Officers and Directors as a group 0 0%

(1) Shares are beneficially owned by Michael A. Littman who has sole voting and
dispositive control.

The following table sets forth certain information regarding QuikByte's
common stock beneficially owned on March 5, 2007, for (i) each stockholder known
to be the beneficial owner of 5% or more of QuikByte's outstanding common stock,
(ii) each executive officer and director, and (iii) all executive officers and
directors as a group, on a pro forma basis, to reflect the transactions
contemplated by the Purchase Agreement, the Reverse Split and the share
cancellations by the Former Principals and Ponce. The information contained in
the following table is provided for disclosure purposes only as there can be no
assurance that the transactions contemplated by the Purchase Agreement will be
completed or that the actual ownership will be as set forth therein based on the
assumptions used. At Closing, QuikByte intends to file a Current Report on Form
8-K which will include an updated beneficial ownership to reflect the actual
results of the completion of the transactions under the Purchase Agreement, the
Reverse Split and the share cancellations by the Former Principals and Ponce.

Assuming the issuance of 60,000,000 shares of QuikByte's common stock
to KI Equity as part of the Purchase Agreement, and after giving effect to the
Reverse Split and the share cancellations by the Former Principals and Ponce,
QuikByte expects to have 64,702,451 shares of common stock outstanding.

Number of Shares
Name Beneficially Owned Percent of Shares
---- ------------------ -----------------
Reed 0 0%
Clayson
11158 W. 68th Way
Arvada, CO 80004

Ponce Acquisition LLC 0 0%
c/o Michael A. Littman, Managing Member
7609 Ralston Road
Arvada, CO 80002

Mark R. Nixon 0 0%
2506 Topanga Skyline Dr.
Topanga, CA 90290

J.B. Heidebrecht 0 0%
3621 Garnet St., #1
Torrance, CA 90503

Wesley F. Whiting 0 0%
Suite 210 E, 10200 W. 44th Ave.
Wheat Ridge, CO 80033

Redgie Green 0 0%
16538 W. 76th Dr.
Arvada, CO 80007

Kevin R. Keating (2) 0 0%
936A Beachland Blvd, Suite 13
Vero Beach, FL 32963

Margie L. Blackwell (3) 0 0%
5251 DTC Parkway, Suite 1090
Greenwood Village, CO 80111

Jeff L. Andrews (3) 0 0%
5251 DTC Parkway, Suite 1090
Greenwood Village, CO 80111

KI Equity Partners V, LLC (4) 60,000,000 92.7%
c/o Timothy J. Keating, Manager
5251 DTC Parkway, Suite 1090
Greenwood Village, CO 80111

All Executive Officers and Directors as a group 0 0%

(1) Shares owned by Ponce Acquisition LLC, Mark R. Nixon and J.B. Heidebrecht
will be cancelled as part of the transactions contemplated under the
Purchase Agreement.

(2) Kevin R. Keating is not affiliated with and has no equity interest in KI
Equity and disclaims any beneficial interest in the shares of QuikByte's
common stock owned by KI Equity.

(3) Margie L. Blackwell and Jeff L. Andrews are members of Keating Investments,
LLC. Keating Investments, LLC is the managing member of KI Equity. Margie
L. Blackwell and Jeff L. Andrews disclaim any beneficial interest in the
shares of QuikByte's common stock owned by KI Equity

(4) Timothy J. Keating is the manager of KI Equity and exercises sole voting
and investment control over such shares. KI Equity is not owned by or
affiliated with Kevin R. Keating.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Michael A. Littman is the managing member of Ponce Acquisition, LLC.
Mr. Littman has also performed legal services for, and made cost advances on
behalf of, QuikByte. Such services were rendered in connection with bringing
QuikByte current in its reporting obligations under the Exchange Act and
obtaining a quotation for QuikByte's common stock on the Over-the-Counter
Bulletin Board. On January 30, 2007, QuikByte issued its promissory note to Mr.
Littman in the principal amount of $434,385 to evidence these legal fees and
cost advances. This note will be paid from the proceeds of the Purchase Price
for the Shares pursuant to the terms of the Purchase Agreement.

SIGNATURE

In accordance with Section 13 or 15(d) of the Exchange Act, the
Registrant caused this Information Statement to be signed on its behalf by the
undersigned, thereunto duly authorized.

QuikByte Software, Inc.
-----------------------
(Registrant)

By: /s/ Reed Clayson
--------------------
Name: Reed Clayson

Dated: March 8, 2007