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CyberCare, Inc. ("CyberCare") (Pink Sheets:CYBR) today announced the following progress by U.S. Sustainable Energy Corporation, the intended Plan of Reorganization proponent, and surviving entity after CyberCare emerges from reorganization proceedings.
U.S. Sustainable Energy Corporation ("the Company") has received an inducement into tax-exempt Industrial Revenue Bond (IRB) Gulf Opportunity Zone financing in the amount of $50 million under the Rural Economic Development Finance Program in the Port of Natchez, Adams County, Mississippi.
The approval and inducement came after an extensive review of the potential of the Company's technologies to produce Bio Fuels, including Bio Diesel, from readily available agricultural feedstocks.
U.S. Sustainable Energy comprises a family of technologies that focus on the development of energy from sustainable sources, and the conversion of waste into energy or other usable products.
The Company's technologies will include the rights to the patents and intellectual property currently contained in EarthFirst Technologies, Inc. (OTCBB:EFTI).
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