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CyberFuels, a division of EncounterCare Solutions (OTCPK: ECSL), has signed a Letter of Intent with an international energy company to utilize a patented Green Hydrogen production process. This initiative will complement CyberFuels' current distribution of alternative fuels aimed at reducing atmospheric carbon. The first prototype will be installed at the new CyberFuels Gateway Terminal in Tampa, Florida, with expectations for the deal's closure in August. This patented process offers a cost-effective solution for hydrogen production, contributing to CyberFuels’ goal of sustainable eFuels with zero GHG emissions.
On October 7, 2022, EncounterCare Solutions, Inc. (ECSL) announced a strategic partnership between its subsidiary CyberFuels Inc™ and Trucking Tower™. This collaboration aims to enhance sales and marketing efforts to help fleet executives minimize fuel consumption and maintenance costs. Trucking Tower™ will leverage its vast experience and resources to expand market penetration for CyberFuels' products, including additives for diesel and marine engines. With fuel prices rising 200% over the past two years, this partnership is positioned to deliver significant savings for clients while promoting sustainable fuel solutions.
EncounterCare Solutions, Inc. (ECSL) announced that its subsidiary, CyberFuels, has entered a Purchase and Sale Agreement for over 65 acres in the Port of Tampa. This site will host a new fuel blending and distribution terminal, previously used by a major oil company. CyberFuels aims to build a facility capable of storing up to 1.5 million barrels of environmentally friendly fuels. The estimated capital needed for Phase 1 is approximately $75 million, with an additional $62 million to complete subsequent phases, targeting significant throughput capacity by Phases 2 and 3.
EncounterCare Solutions (ECSL) has appointed Kenneth S. Klipper as a Special Financial Advisor through its subsidiary, Cyberfuels, Inc. Klipper's extensive experience includes CFO roles in various publicly traded organizations and expertise in business transactions, financial planning, and compliance. CEO Ron Mills expressed confidence in Klipper's ability to enhance company efficiency and facilitate its growth in the public marketplace. Cyberfuels delivers custom blended GEM fuels and innovative products like Dynamo™ for improved engine performance.
EncounterCare Solutions, Inc. (ECSL) announced the appointment of John Lawrence as President of its subsidiaries, CyberFuels, Inc. and CyberFuels Gateway Terminal, effective February 15, 2021. Lawrence, who joined from Bank of America, has over 30 years of experience in the fuel and financial sectors. His leadership is expected to bolster CyberFuels' growth and the development of its patented EcoFlex96™ fuel. CEO Ronald Mills emphasizes the potential to address Florida's energy storage challenges while expanding into alternative fuels.