|
Followers
|
168
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
107635
|
|
Created
|
02/25/10
|
Type
|
Free
|
| Moderators dshade Amigo Mike Vulcanized Crawler kadlec Pro-Life katiesdad7 | |||
PALM BEACH GARDENS, Fla., July 12, 2021 (GLOBE NEWSWIRE) -- EncounterCare Solutions, Inc. (OTC BB: ECSL) is pleased to announce that its wholly owned subsidiary, CyberFuels, Inc., has completed a binding Purchase and Sale Agreement in connection with the purchase of 65+ acres of real estate at the Port of Tampa, inclusive of its on-going businesses there. CyberFuels intends, after closing, to build its new environmentally friendly, state-of-the-art fuel blending and distribution terminal on this excellent site, previously used as a major oil company’s tank terminal. The businesses being purchased are responsible for maintaining logistical operations of incoming and outgoing tanker and barge traffic on the canal, maintaining Army Corp of Engineering canal maintenance and depth requirements of the canal, and charging for and collecting the costs and expenses to keep the canal running correctly and efficiently. CyberFuels has completed its due diligence and is moving to close the transaction as soon as possible, on or about August 3, 2021, subject to certain conditions to closing. CyberFuels expects to begin permitting as soon as possible with construction to begin once those permits are obtained.
John Lawrence (President of CyberFuels) stated, “We are very excited about achieving this Definitive Agreement to acquire these properties and the businesses necessary to develop our state-of-the-art terminal which will greatly expand the opportunities for CyberFuels throughout Florida, the US and abroad.”
The real property portion of the acquisition is comprised of 65+ acres of land, including certain riparian rights, in the Port of Tampa along with an operational shipping wharf. The property has excellent interstate access, existing rail service and wharf facilities for barge and large tanker deliveries and sales. Plans are to develop, through partnerships, portions of the property to accommodate CyberFuels corporate office as well as planned commercial office and storage space suited to regional companies conducting business at the terminal and in markets around Florida. Management is currently in negotiations with potential tenants to lease space in the terminal office facility as well as leasing some land that will not be needed for CyberFuels’ growth subject to closing this purchase.
CyberFuels plan is to complete its first set of large-scale liquid contracts for the new terminal and has a goal for phase one of the overall program to include more than 580,000 barrels (which is over 24 million gallons) of storage and ultimately grow to approximately 1,500,000 barrels (63+ million gallons) of storage. CyberFuels’ program is intended to include large-volume liquid storage built upon long-term contracts for cleaner fuels including Bio-advantaged and renewable fuels for gasoline, diesel, jet A, and marine bunker fuel for delivery to markets in Florida. Additionally, CyberFuels seeks to store, blend, market and support its proprietary, and environmentally responsible, products marketed under our Dynamo and EcoFlex brands. When blended with regular gasoline and diesel, these additives increase mileage, reduces emissions, and are less costly than unblended gasolines and diesel fuels. CyberFuels’ business plan is to generate approximately 750,000 barrels (31+ million gallons) per month of throughput in PHASE 1 and ultimately generate up to 2,900,000 barrels (over 120 million gallons) of throughput by PHASE 3 of Jet A, diesel fuel, gasoline, and biofuels including the CyberFuels branded products. CyberFuels expects that capital costs of the purchase, construction, development and working capital necessary to build and operate the terminal will require approximately $75 million to accomplish the Phase 1 purchase and buildout, with an additional $62 million to finish these goals by the end of Phase 3.
The management team at CyberFuels is committed to creating and operating the new CyberFuels facility as a world-class energy complex; in other words, a complete campus incorporating environmentally responsible solar and green energy initiatives for our community and partnering companies. Currently, CyberFuels has engaged Currier & Company of Los Angeles, California to conduct program scoping and pre-purchase design engineering. Jonathan Currier has been selected as the Programming Director and Chief Project Engineer.
About CyberFuels™: CyberFuels Inc. delivers custom blended GEM fuels to suit almost any engines need:
EcoFlex96™ offers high octane alternatives to regular gasoline.
Our gasoline and GEM fuels offer superior performance over similar traditional gasoline blends. Unlike other fuel options, there is no need to retrofit the vehicle for consumption of our fuel blends.
All of our fuels can be transported, stored and pumped like regular gasoline.
The CyberFuels lines of products also include our "Dynamo™" brands.
Dynamo™ Diesel Cetane Booster:
Independent lab certified to reduce Diesel Particulate Matter (DPM) by 20% and overall emissions by 21% and has been shown to deliver an average Cetane rating over 52 when added to regular diesel fuel at fill up. Dynamo™ Diesel Cetane Booster also improves engine performance, power, and increases miles per gallon along with improving cold flow, increasing lubricity and cleaning fuel injectors.
Dynamo™ Gasoline Octane Booster:
Improves octane and increases the miles per gallon (mpg). Dynamo™ Gasoline Octane Booster allows consumers to purchase regular 87 octane gasoline and increase the power and performance of that fuel to equal that of superior high test 93 octane gasolines, by adding a bottle of our Dynamo™ Gasoline Octane Booster to their tank at fill up.
Visit www.cyberfuelsinc.com
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," 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 or the ability to obtain financing, 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, and the ability of the Company to attract and sign 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.
February 16, 2021 09:28 ET | Source: EncounterCare Solutions Inc.
PALM BEACH GARDENS, Fla., Feb. 16, 2021 (GLOBE NEWSWIRE) -- The EncounterCare Solutions, Inc. (OTC BB: ECSL) Board of Directors is pleased to announce that John Lawrence has joined ECSL as President of its wholly owned subsidiaries, CyberFuels, Inc. and CyberFuels Gateway Terminal effective February 15, 2021. Most recently, Mr. Lawrence served as an Assistant Vice President at Bank of America and Director of Business Development at Florida Fuel Connection. Mr. Lawrence was also able to successfully hone his entrepreneurial skills as a co-owner of one of the nation’s largest independent mortgage brokerage companies where he employed approximately 350 employees.
Mr. Lawrence has over 30 years of experience starting his career at Hess Corporation and other leading fuel and financial companies engaging with leaders in energy and finance. He has been instrumental in building traditional fuel and Biofuel supply sources for the State of Florida and with this new position can enhance the growth, supply, storage, and distribution of CyberFuels patented product “Dynamo”, as well as make available a new multi-storage facility for both current and alternative fuels to Florida and the southeast U.S. Mr. Lawrence has relationships throughout the Fuel industry with regards to distribution and storage, including by rail and sea, which will be integral given CyberFuels’ expected purchase of a Terminal port and rail connection in the State of Florida, and extensive experience with financing firms and funds that have offered contracts for funding within the energy, fuel, and transportation industries.
Ronald Mills, CEO believes that John’s industry knowledge, financial expertise, and relationship skills make him the ideal candidate to lead this Company into its next phase of growth through its CyberFuels suite of products. “We believe that there is a tremendous opportunity to expand the alternative fuels market through our EcoFlex96™ patented product that saves consumers money at the pump, reduces emissions by up to 20%, is better for your engine, and produces better miles per gallon than current fossil fuels,” said Ron Mills, CEO. Mr. Mills continued, “In the meantime, we can improve upon the depleted storage capacity currently being experienced in the fast growing state of Florida.”
Mr. Lawrence stated, “I am thrilled and super-motivated to join ECSL and look forward to getting this new storage terminal underway so that we can bring fuel supplies and storage sources to the citizens of Florida and the southeast U.S. Historically, Florida has been at a distinct disadvantage with higher gasoline, diesel, and jet fuel prices because the state does not have pipelines and refineries. A necessary approach to maintain the State’s beauty and living environment. As a result, Florida is more like an ‘island’ than a peninsula when it comes to energy sources. My vision is to build a state-of-the-art storage terminal to include CyberFuels expansion, solar power, as much ‘Green’ energy biofuels as possible, while giving current suppliers in Florida an added option for more storage capacity.”
LEGAL REPRESENTATION
One of the largest and notable law firms in the United States.This sectioned maintained by Pro-Life... anything added goes below this section... Thanks!!!
866-771-3580
https://twitter.com/CyberFuels
https://www.facebook.com/CyberFuels-Inc-162841830813211
Company news will appear here:
https://www.cyberfuelsinc.com/news/
https://www.globenewswire.com/en/search/organization/Encountercare%2520Solutions
| |  | |
| Outward show of progress... | Gateway Terminal | Looking better and better all the time!!! |
From CyberFuels on Facebook...
https://www.otcmarkets.com/stock/ECSL/security
CyberFuels Final 211119 - Nov 19, 2021 - Energy Architecture, Inc
https://www.youtube.com/watch?v=oTtOsF2tu94
