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EncounterCare Solutions' Trading Symbol Changes to CBRF Effective August 20, 2024

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EncounterCare Solutions, Inc. (OTC PINK:ECSL) has changed its corporate name to CyberFuels Holding Company, Inc. and will trade under the new symbol CBRF effective August 20, 2024. This change reflects the company's new mission to provide sustainable energy solutions. CyberFuels has increased its authorized shares to 230,000,000 in anticipation of potential capital needs for growth initiatives, primarily related to its Port Tampa 'Green Energy Campus' project.

The company acquired the Tampa Energy Campus on December 29, 2023, and aims to complete the first phase of development by the end of 2025, subject to successful capital raising. Phase I includes building at least five new tanks for storing jet fuel, traditional petroleum fuels, and new sustainable eFuels.

EncounterCare Solutions, Inc. (OTC PINK:ECSL) ha cambiato il suo nome in CyberFuels Holding Company, Inc. e traderà con il nuovo simbolo CBRF a partire dal 20 agosto 2024. Questo cambiamento riflette la nuova missione dell'azienda di fornire soluzioni energetiche sostenibili. CyberFuels ha aumentato le sue azioni autorizzate a 230.000.000 in previsione di potenziali esigenze di capitale per iniziative di crescita, principalmente legate al suo progetto 'Green Energy Campus' di Port Tampa.

L'azienda ha acquisito il Tampa Energy Campus il 29 dicembre 2023 e punta a completare la prima fase di sviluppo entro la fine del 2025, soggetto a un raccolta di capitali di successo. La Fase I include la costruzione di almeno cinque nuovi serbatoi per lo stoccaggio di carburante per aerei, carburanti petroliferi tradizionali e nuovi eFuels sostenibili.

EncounterCare Solutions, Inc. (OTC PINK:ECSL) ha cambiado su nombre comercial a CyberFuels Holding Company, Inc. y se comerciará bajo el nuevo símbolo CBRF a partir del 20 de agosto de 2024. Este cambio refleja la nueva misión de la empresa de proporcionar soluciones energéticas sostenibles. CyberFuels ha aumentado sus acciones autorizadas a 230,000,000 en anticipación a posibles necesidades de capital para iniciativas de crecimiento, principalmente relacionadas con su proyecto 'Green Energy Campus' en Port Tampa.

La empresa adquirió el Tampa Energy Campus el 29 de diciembre de 2023 y tiene como objetivo completar la primera fase de desarrollo para finales de 2025, sujeto a la exitosa captación de capital. La Fase I incluye la construcción de al menos cinco nuevos tanques para el almacenamiento de combustible para aviones, combustibles petroleros tradicionales y nuevos eFuels sostenibles.

EncounterCare Solutions, Inc. (OTC PINK:ECSL)은 기업 이름을 CyberFuels Holding Company, Inc.로 변경하였으며, 2024년 8월 20일부터 새로운 기호 CBRF로 거래될 것입니다. 이 변화는 지속 가능한 에너지 솔루션을 제공하려는 회사의 새로운 목표를 반영합니다. CyberFuels는 성장 이니셔티브를 위한 잠재적 자본 필요에 대비하여 허가 주식을 230,000,000주로 증가시켰습니다.

회사는 2023년 12월 29일 Tampa Energy Campus를 인수하였으며, 2025년 말까지 첫 번째 개발 단계 완료를 목표로 하고 있습니다. 이는 성공적인 자본 조달이 전제 조건입니다. 1단계에는 항공기 연료, 전통적인 석유 연료 및 새로운 지속 가능한 eFuels를 저장하기 위한 최소 5개의 신규 탱크 건설이 포함됩니다.

EncounterCare Solutions, Inc. (OTC PINK:ECSL) a changé son nom commercial en CyberFuels Holding Company, Inc. et sera négocié sous le nouveau symbole CBRF à partir du 20 août 2024. Ce changement reflète la nouvelle mission de l'entreprise de fournir des solutions énergétiques durables. CyberFuels a augmenté son nombre d'actions autorisées à 230 000 000 en prévision des besoins en capital potentiels pour des initiatives de croissance, principalement en lien avec son projet 'Green Energy Campus' de Port Tampa.

L'entreprise a acquis le Tampa Energy Campus le 29 décembre 2023 et vise à compléter la première phase de développement d'ici fin 2025, sous réserve d'une levée de fonds réussie. La phase I comprend la construction d'au moins cinq nouveaux réservoirs pour le stockage de carburant d'aviation, de carburants pétroliers traditionnels et de nouveaux eFuels durables.

EncounterCare Solutions, Inc. (OTC PINK:ECSL) hat seinen Unternehmensnamen in CyberFuels Holding Company, Inc. geändert und wird ab dem 20. August 2024 unter dem neuen Symbol CBRF gehandelt. Diese Änderung spiegelt die neue Mission des Unternehmens wider, nachhaltige Energielösungen anzubieten. CyberFuels hat die genehmigten Aktien auf 230.000.000 erhöht, um möglichen Kapitalbedarf für Wachstumsinitiativen, hauptsächlich im Zusammenhang mit seinem Projekt 'Green Energy Campus' in Port Tampa, gerecht zu werden.

Das Unternehmen erwarb am 29. Dezember 2023 den Tampa Energy Campus und beabsichtigt, die erste Entwicklungsphase bis Ende 2025 abzuschließen, sofern die Kapitalbeschaffung erfolgreich ist. Phase I umfasst den Bau von mindestens fünf neuen Tanks zur Lagerung von Jet-A Kraftstoffen, traditionellen Erdölkraftstoffen und neuen nachhaltigen eFuels.

Positive
  • Name change to CyberFuels Holding Company aligns with new sustainable energy mission
  • Acquisition of Tampa Energy Campus completed on December 29, 2023
  • Plans for development of Green Energy Campus with potential completion by end of 2025
  • Increase in authorized shares to 230,000,000 to support future growth initiatives
Negative
  • Potential dilution risk due to increase in authorized shares
  • Dependency on successful capital raising for project development
  • No short-term expectations for significant share issuance, implying potential funding challenges

Company Name Becomes Cyberfuels Holding Company, Inc.

PALM BEACH GARDENS, FL / ACCESSWIRE / August 19, 2024 / EncounterCare Solutions, Inc. (OTC PINK:ECSL) ("The Company") is pleased to announce that it has changed its corporate name to CyberFuels Holding Company, Inc. ("CyberFuels") and has been approved by FINRA to change its trading symbol to CBRF.

The name change and trading symbol change were made to better reflect the new mission of the Company, which is to provide sustainable energy solutions that improve performance and reduce carbon emissions. The Company is committed to producing sustainable eFuels and other Green energy solutions at its new Port Tampa "Green Energy Campus."

The trading symbol change shall be effective beginning August 20, 2024. Additionally, it has received shareholder and Board approval to increase the authorized shares of common stock to 230,000,000 shares. The increase in the authorized share level was done in anticipation of the Company's potential need to raise capital as it looks to fund its future growth initiatives primarily related to its Port Tampa project. There are no short-term expectations for the Company to issue a significant number of additional shares to support growth initiatives.

CyberFuels closed on the purchase of the Tampa Energy Campus effective December 29, 2023. The Company expects that if it is successful in raising the appropriate capital from debt and/or equity sources, the Company has established a goal to complete the development plans and build out for the first phase of operations prior to the end of 2025. Phase I of the new Green Energy Campus buildout includes building at least five new tanks to store jet fuel and other traditional petroleum fuels as well as new sustainable eFuels.

About: CyberFuels Holding Company, Inc.

Our vision is to be the leading provider of sustainable energy solutions that bridge the gap from today's energy fuels to a better future. We are committed to offering our customers greener energy and sustainable eFuels that reduce their carbon footprint and promote environmental sustainability. We envision a future where our customers can rely on our products and services to power their homes, businesses, and communities without compromising on safety, reliability, or affordability. Our goal is to empower our customers to make responsible and informed choices that will benefit themselves, their communities, and the environment. Through innovation, collaboration, and a commitment to sustainability, we seek to create a brighter, cleaner, and more sustainable future for generations to come. Currently, CyberFuels sells "All-In-One" fuel additives for gasoline, diesel, and marine fuels under the tradename, "Dynamo ™" whose benefits are:

  • Reduces exhaust emissions by over 20% (THC, CO, NOx, CO2, PM)

  • Greatly improves fuel economy (over 25% calculated by independent third-party labs and field tests)

  • Increases cetane and octane numbers

  • Improves thermal efficiency burn

  • Restores & improves torque & power

  • Cleans and prevents all types of injectors' deposits and provides superior wear protection for pumps and injectors

  • Reduces cost of maintenance & downtime

  • Improves cold flow & cold weather starting and reduces engine noise for a smoother idle

  • Reduces carbon residue & sulfur content in diesel fuel, thereby reducing output of carbon, soot & ash, reducing DPF issues & regens, and thereby reducing DEF consumption

  • Provides thermal and oxidative stability, lubricity, corrosion protection and water dispersions

  • Corrosion inhibitors & lubricity Improvers work on a molecular level with surface active chemistry & long-chain molecules, approved under military specifications.

Safe Harbor:

Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will likely result," "expected to," "will continue," "anticipated," "estimate," "projected," "intends," "plans," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital, changes in laws or regulations, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, the ability of the Company to obtain additional financing, the financial implications of a joint venture structure, as well as its ability to attract and contract with potential storage customers. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.

Contact Information

Bill Robertson
Investor Relations
604-837-3835

SOURCE: EncounterCare Solutions

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View the original press release on newswire.com.

FAQ

When will EncounterCare Solutions' new trading symbol CBRF become effective?

The new trading symbol CBRF for CyberFuels Holding Company (formerly EncounterCare Solutions) will become effective on August 20, 2024.

What is the new authorized share count for CyberFuels Holding Company (CBRF)?

CyberFuels Holding Company (CBRF) has increased its authorized shares of common stock to 230,000,000 shares.

What are CyberFuels Holding Company's (CBRF) plans for its Port Tampa project?

CyberFuels Holding Company (CBRF) plans to develop a 'Green Energy Campus' at Port Tampa, with Phase I including the construction of at least five new tanks for storing jet fuel, traditional petroleum fuels, and sustainable eFuels.

When did CyberFuels Holding Company (CBRF) acquire the Tampa Energy Campus?

CyberFuels Holding Company (CBRF) closed on the purchase of the Tampa Energy Campus on December 29, 2023.

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