Purchase of bulk distribution facility will allow the company to deliver its fuel into the Houston and Dallas markets
CyberFuels Inc., the wholly owned subsidiary of EncounterCare Solutions has decided to start selling its EcoFlex 96 fuel in Texas. Although the new Texas state statutes, “Any state fleet with more than 15 vehicles, excluding emergency vehicles may not purchase or lease a motor vehicle unless it uses compressed gas, propane, ethanol or fuel blends of at least 85% ethanol or methanol,” CyberFuels has multiple blends that contain fuel methanol and denatured ethanol.
President of CyberFuels, Ronald Mills affirmed that the acquisition of the bulk distribution facility will allow CyberFuels to deliver its fuel into the Houston and Dallas markets. Moreover, the planned acquisition of the Bulk Distribution Facility will also allow for the immediate opening of a new “CyberFuels”, Inc. fuel station which is in the works for the Houston market, immediately increasing FY 2018 revenue by an estimated $2.8 million dollars. PWKD14022018