12 oz. chocolate chips, melted
1 stick butter
1 c. chunky peanut butter

I melt chips in microwave, add butter and peanut butter and mix well, until all are melted.

Pour over 12 ounce of Crispex cereal (this takes a large bowl). Mix gently until cereal is covered. Put powdered sugar in paper bag. Add 2 cups of coated cereal, shake. Repeat until all cereal is covered, adding sugar as needed. Refrigerate. Keeps forever in your refrigerator.