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EncounterCare announces proposed new OTC rule

PALM BEACH GARDENS, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- EncounterCare Solutions (ECSL) Pink Sheets.A  EncounterCare Solutions is pleased to announce that the OTC has recently published comments to SECa??s recent proposal to Rule 151-02 which governs public quoting of securities on OTC QX, OTC QB, and pink numbers.A  The rule proposal would require among other things that annual information about a company be publicly available in order for the company to be quoted on the OTC markets.A  The SECa??s proposal recognizes the OTC market group disclosure standards and would permit broker-dealers to rely on annual information designated to submit quotations in these securities and bring these companies to the public market. ESCL has been a currently reporting company for approximately 10 years. According to the OTC, this also would have significant value to other applications like the important issues of Rule 144 and the ability to deposit shares.Ronald Mills, President of ECSL states that he is excited about this new proposed action.A  He further added that Encountercare Solutions is very supportive of this new rule and encourages its adoption.A  He believes this will allow small but legitimate companies to better meet the needs of their stockholders and give those stockholders a much easier path of monetizing their investments by depositing their stock and executing their trades in a more conventional stock portfolio transaction.A About CyberFuelsa??:A CyberFuels Inc. delivers custom blended regular and synthetic alcohol enhanced fuels to suit almost any engines need.EcoFlex96a?? offers high octane alternatives to regular gasoline.
Our gasoline and alcohol blended 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.
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