CyberFuels, Inc.
October 7th
Dear Shareholders,
As you may know, we experienced a historic storm surge at our properties in Port Tampa during Hurricane Helene about 1 week ago. I went to inspect our properties 2 days after the event and made copious notes and observations that will be extremely useful for the engineers and architects that we are engaging to build out our Green Energy Campus and terminal. We have another meeting with our engineers already scheduled for next week.
While the water was over 4 feet above ground level on our properties, remember that we have no buildings there currently, so we did not experience any damage. This was not the case for our neighbors Chevron and Global Partners who both lost power and their expected repairs are “weeks, not days” according to their Terminal Managers’ discussions with me. Across Tampa Bay, at least 2 other fuel terminals, Citgo and Marathon, experienced similar damage and power outage like Chevron and Global. While the experiences of our neighbors can be partially attributable to the age of their storage facilities, the information that I gather again will be instrumental in how we determine the construction needs for our buildout of the newest terminal in Florida by decades, utilizing all of the newest safety and protection features available within today’s technologies for Mother Nature and security protection.
And now, here comes Hurricane Milton with the expectation of the same, or greater, amount of storm surge and even more rain than Tampa experienced from Hurricane Helene. I will get to our properties as soon as this storm passes, and it becomes safe to travel to the Tampa area again.
Join me and all of us at CyberFuels by praying for the safety of the folks in Tampa and central Florida. I will report back with more news after Milton leaves us… We have numerous projects in the works, and it is truly exciting times at Cyberfuels. Through this storm, we will find Light.
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Thank you again for being shareholders of CBRF!
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