STOCKHOLDERS UPDATE 06/20/2016
Monday, 20 June 2016 13:00:00 GMT
I am pleased to inform you that during the past six weeks CyberFuels has completely transformed its bottling, warehousing and distribution capability for its Dynamo™ family of products. Our new program greatly enhances our capabilities.
The growth in sales for our Dynamo ™ products continues to be excellent. Our Cetane product line is selling extremely well and I expect the demand to continue to grow substantially into the next quarter. Our expanded bottling, warehousing and distribution capabilities allow us to handle continued expansion from within our current customer base, and is highly scalable to facilitate expected further retail growth.
Additionally, we have completely retooled our Dynamo™ packaging to meet the new D.O.T. guidelines.
These centralized Dynamo™ efficiencies will significantly reduce our corporate overhead costs, such as warehousing and transportation while, at the same time enhance the bottom line and increase the company’s profits.
We have been very busy getting the above completed. These are significant milestones for the company. We now have the ability to meet any orders for our Dynamo™ products globally in a timely and much more profitable manner. Now that this new capability is completed, I expect that it will free up much needed time for us to continue developing the distribution of EcoFlex 96 ™. We are continuing our negotiations, sales, and logistical development in Canada, and Florida as well as Washington State, Oregon and Northern California. We have two additional ongoing International sales negotiations that have been in various stages of development for the past 6 months that still continue to move forward with significant progress made in both in the past four weeks.
As I stated in my last update we have been working in concert with several health professionals and health care companies since early January. Our focus has been on developing a wellness and health management program.
EncounterCare Solutions’ health data management system incorporates our newly developed remote health monitoring technology -- forming a seamless end-to-end, sensor-to-server program which we intend to focus initially on comprehensive corporate trucking health initiatives.
Our new health and wellness programs have been designed to help our nations trucking industry comply with new D.O.T. regulations coming into effect in 2017. These regulations mandate truckers to electronically log in drive time, break time and sleep time. Our new technology has been designed to allow truckers to electronically collect and wirelessly comply with the aforementioned D.O.T. regulations.
These regulations are expected have a dramatic effect on the trucking industry resulting in an anticipated shortage of over 1 million drivers in 2017-2018.
Our new health and wellness program is focused exactly on this sector and I believe it will be both a tremendous aid for the fleets of America to track the wellness of their most important assets, their drivers, but I also believe that the program will be an individual driver runaway best seller.
CyberFuels will be attending the Great American Truck Show in Dallas again this year. This is North America’s premier trucking event. We will have a much bigger presence at the show this year as we introduce our new healthcare program for truckers which will be on display at our booth along with an expanded marketing effort for our Dynamo™ product line.
We have numerous other programs that are in process but the changes that have been highlighted here are the features of this update. I hope that you will recognize the importance of our new capabilities and I expect that our growth in all sectors of our business will be positively affected by these new changes.
Ronald W. Mills, CEO