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Monday, February 25, 2019 9:11:38 PM
CyberFuels, Inc. Announces Continued Expansion
Press Release | 08/09/2018
PALM BEACH GARDENS, Fla., Aug. 09, 2018 (GLOBE NEWSWIRE) -- EncounterCare Solutions (OTC-ECSL) is pleased to announce that it has begun shipping fuel in Michigan and expects major expansion in Michigan, Ohio, and Montreal, Canada during August and September. Fuel shipments are expected to continue to increase significantly in all of our CyberFuels gasoline and additive products in September. CyberFuels expects to add 25 branded CyberFuels stations in North America during the next 2 quarters. The first of these 25 stations is expected to open in Daytona Beach, Florida in September and the second is expected to open in Montreal, Canada also in September. Both of these stations have been undergoing upgrades and renovations such as adding the company's branding. The branding colors as well as visual presentations can be seen on the company’s website at ww.cyberfuelsinc.com. The remaining 23 stations are planned in Michigan, Ohio, Pennsylvania, Florida, Texas and Montreal. Additionally, CyberFuels, through its partnership with RLT of Canada, expects to add an additional 12 independent gas stations in the greater Montreal area during the month of August for all of the CyberFuels family of products including EcoFlex96 and Dynamo Super Diesel.
CyberFuels is also pleased to announce that it has completed shipping its first test shipment of EcoFlex96 fuel to Ghana. The company expects to receive expanded orders from Ghana as well as Russia during the current quarter and provision for shipping these larger shipments are being completed with our current trading partners. The company believes that the addition of these new larger international orders along with the new business from the branded stations in the US and Montreal will change the fundamental outlook of the company. CyberFuels expects to be cash positive during the current quarter and further expects significant growth in all segments of its business.
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