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

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EncounterCare Solutions, Inc. (OTC BB:ECSL) has announced a corporate name change to CyberFuels Holding Company, Inc. and a new trading symbol CBRF, effective August 20, 2024. This change aligns with the company's new mission to provide sustainable energy solutions. The company has also increased its authorized common stock to 230,000,000 shares in anticipation of potential capital needs for growth initiatives, particularly the Port Tampa Green Energy Campus project.

CyberFuels 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 constructing at least five new tanks for storing jet fuel, traditional petroleum fuels, and new sustainable eFuels.

EncounterCare Solutions, Inc. (OTC BB:ECSL) ha annunciato un cambio di nome aziendale in CyberFuels Holding Company, Inc. e un nuovo simbolo di trading CBRF, effettivo dal 20 agosto 2024. Questo cambiamento è in linea con la nuova missione dell'azienda di fornire soluzioni energetiche sostenibili. L'azienda ha anche aumentato il proprio capitale autorizzato a 230.000.000 azioni in previsione di potenziali esigenze di capitale per iniziative di crescita, in particolare il progetto Port Tampa Green Energy Campus.

CyberFuels 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'adeguata raccolta di capitali. La Fase I prevede la costruzione di almeno cinque nuovi serbatoi per lo stoccaggio di carburante per aerei, combustibili petroliferi tradizionali e nuovi eFuels sostenibili.

EncounterCare Solutions, Inc. (OTC BB:ECSL) ha anunciado un cambio de nombre corporativo a CyberFuels Holding Company, Inc. y un nuevo símbolo de negociación CBRF, que será efectivo el 20 de agosto de 2024. Este cambio se alinea con la nueva misión de la empresa de proporcionar soluciones energéticas sostenibles. La empresa también ha aumentado su capital autorizado a 230.000.000 acciones en previsión de necesidades de capital para iniciativas de crecimiento, particularmente el proyecto Port Tampa Green Energy Campus.

CyberFuels 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 una exitosa recaudación de capital. La Fase I incluye la construcción de al menos cinco nuevos tanques para almacenar combustible de aviación, combustibles petroleros tradicionales y nuevos eFuels sostenibles.

EncounterCare Solutions, Inc. (OTC BB:ECSL)는 CyberFuels Holding Company, Inc.로의 회사 이름 변경과 새로운 거래 기호 CBRF를 2024년 8월 20일부터 시행한다고 발표했습니다. 이 변경은 회사의 지속 가능한 에너지 솔루션 제공이라는 새로운 사명과 일치합니다. 회사는 또한 성장 이니셔티브에 대한 잠재적 자본 필요성을 대비하여 승인된 보통주 수를 230,000,000주로 증가시켰습니다. 특히 Port Tampa Green Energy Campus 프로젝트를 위해서입니다.

CyberFuels는 2023년 12월 29일에 Tampa Energy Campus를 인수하였으며, 2025년 말까지 개발의 첫 번째 단계를 완료하는 것을 목표로 하고 있습니다. 자본 조달의 성공 여부에 따라 달라질 수 있습니다. 1단계는 항공 연료, 전통 석유 연료 및 새로운 지속 가능한 eFuelds를 저장하기 위한 최소 5개의 새로운 탱크를 건설하는 것을 포함합니다.

EncounterCare Solutions, Inc. (OTC BB:ECSL) a annoncé un changement de nom d'entreprise en CyberFuels Holding Company, Inc. ainsi qu'un nouveau symbole boursier CBRF, qui entrera en vigueur le 20 août 2024. Ce changement s'aligne avec la nouvelle mission de l'entreprise de fournir des solutions énergétiques durables. L'entreprise a également augmenté son capital autorisé à 230.000.000 d'actions en prévision de besoins potentiels en capital pour des initiatives de croissance, en particulier le projet Port Tampa Green Energy Campus.

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

EncounterCare Solutions, Inc. (OTC BB:ECSL) hat eine Namensänderung in CyberFuels Holding Company, Inc. sowie ein neues Handelssymbol CBRF bekannt gegeben, die ab dem 20. August 2024 wirksam werden. Diese Änderung steht im Einklang mit der neuen Mission des Unternehmens, nachhaltige Energielösungen anzubieten. Das Unternehmen hat sein genehmigtes Stammkapital auf 230.000.000 Aktien erhöht, um den potenziellen Kapitalbedarf für Wachstumsinitiativen, insbesondere das Projekt Port Tampa Green Energy Campus, zu berücksichtigen.

CyberFuels hat den Tampa Energy Campus am 29. Dezember 2023 erworben und strebt an, die erste Entwicklungsphase bis Ende 2025 abzuschließen, vorbehaltlich erfolgreicher Kapitalbeschaffung. Phase I umfasst den Bau von mindestens fünf neuen Tanks zur Speicherung von Kerosin, traditionellen Erdölprodukten und neuen nachhaltigen eFuels.

Positive
  • Corporate rebranding to better reflect new sustainable energy mission
  • Acquisition of Tampa Energy Campus for Green Energy project
  • Increased authorized shares to 230,000,000 for potential capital raising
  • Plans for Phase I development of Green Energy Campus by end of 2025
Negative
  • Potential shareholder dilution due to increased authorized shares
  • Dependence on successful capital raising for project completion
  • No short-term expectations for significant share issuance

Company Name Becomes Cyberfuels Holding Company, Inc.

PALM BEACH GARDENS, FL / ACCESSWIRE / August 19, 2024 / EncounterCare Solutions, Inc. (OTC BB: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

What is the new trading symbol for EncounterCare Solutions (ECSL)?

The new trading symbol for EncounterCare Solutions, now known as CyberFuels Holding Company, Inc., is CBRF, effective August 20, 2024.

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.

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 is the timeline for Phase I development of CyberFuels' (CBRF) Green Energy Campus?

CyberFuels (CBRF) aims to complete the development plans and build out for the first phase of operations at the Green Energy Campus prior to the end of 2025, subject to successful capital raising.

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