In your large saucepan, over low heat, combine the butter, peanut butter and chocolate chips; stir continuously until smooth and melted.
Add cereal and stir gently until cereal is covered with the mixture.
Pour cereal into gallon ziploc bag and add the confectioners sugar; seal and keep turning over and over to get the cereal completely coated.
Pour onto cookie sheet lined with parchment paper and let dry for 15 minutes.
Pour cereal into large bowl and add the peanut butter chips, pretzel sticks, almond slivers and M&M’S; stir gently to mix.
Find it online: https://friedpiesandfireflies.com/fluffys-kibble-bits-recipe/