Business
EncounterCare Solutions' Trading Symbol Changes to CBRF Effective August 20, 2024
EncounterCare Solutions' Trading Symbol Changes to CBRF Effective August 20, 2024.
About this update from Cyberfuels Holding Company Inc.
[{"type":"text","content":"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 mak...