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Gold/Mining/Energy : CYBR - CyberCare, Inc. (Bulls Board)
CYBR 456.79-0.9%Jan 9 9:30 AM EST
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From: Tadsamillionaire6/28/2006 8:43:27 PM
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U.S. Sustainable and CyberCare Announce Merger Update
U.S. Sustainable Energy Corporation ("U.S. Sustainable" or "the Company") and CyberCare, Inc. ("CYBR") (PINKSHEETS: CYBR) announced the following progress on their proposed merger agreement. CyberCare, Inc. filed its Plan of Reorganization ("Plan") and related Disclosure Statement on June 16, 2006. The Bankruptcy Court should schedule a hearing on confirmation of the Plan within 30 days.

Upon confirmation of the Plan, CyberCare, Inc. will change its corporate name to U.S. Sustainable Energy Corporation.

The Company also contemplates that its technologies will include the rights to the certain patents and intellectual property rights currently contained in EarthFirst Technologies, Inc. (OTCBB: EFTI). Under EarthFirst's previously announced planned merger with Cast-Crete Corporation, EarthFirst/Cast-Crete will become the co-proponent of the Plan of Reorganization of CyberCare, Inc. ("CyberCare") (PINKSHEETS: CYBR). After the merger with Cast-Crete and CyberCare's emergence from reorganization, EarthFirst/Cast-Crete intends to combine the existing energy technologies with CyberCare's technology assets. The surviving entity will be known as U.S. Sustainable Energy Corporation.

Under the terms of the agreement and Plan, CyberCare will effect a 1:10 reverse split of its outstanding stock upon the effective date of the Plan. CyberCare will then issue approximately 100 million restricted shares to U.S. Sustainable to complete the merger transaction.
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