Artificial intelligence may be redefining the future — but the real winners of this new era will be the companies powering it. As global demand for electricity surges and data centers race to scale, the true bottleneck isn't GPUs or algorithms. It’s energy. Dense, reliable, affordable energy.

An open letter to shareholders from Matthew McKean, CEO & Co-Founder of Frontieras North America.

Gordon Gekko’s misunderstood message in Wall Street wasn’t about greed — it was about ownership, accountability, and the drive to build. In this essay, Frontieras CEO Matthew McKean reflects on how that message shaped the company’s management philosophy: keeping ownership, protecting vision, and rejecting the culture of financialism that drains industrial value.

As speculative markets crumble under their own abstraction, Frontieras is proving that real value still comes from real production. Through FASForm™, we’re generating essential commodities — fuels, fertilizers, and carbon products — at prices below global spot markets, without subsidies or gimmicks. This is price discovery in its purest form: energy, industry, and shareholder value built on fundamentals, not fantasy.

Coal built America once. Now, it’s about to do it again — cleaner, stronger, and more valuable than ever. Frontieras’ first large-scale FASForm™ facility in Mason County, West Virginia, is transforming coal into fuels, fertilizers, and carbon feedstocks with zero waste and zero emissions. This isn’t a return to the past — it’s a redefinition of energy independence, where miners, workers, and everyday investors stand at the front line of a new industrial revolution.

Jose Lopez was appointed Chief Financial Officer of Frontieras North America in June 2025. He brings over two decades of leadership experience in global finance, accounting, and capital markets, with a track record of supporting high-growth energy and infrastructure firms through IPO readiness, SEC compliance, and complex project finance transactions.

In a world fixated on speculation, energy is the foundation everything else depends on. While tech and crypto trade in abstractions, Frontieras produces what civilization actually runs on: real fuel, real carbon, and real yield. The market is finally waking up to what we’ve known all along — energy isn’t just another asset class. It’s the apex predator.

Artificial intelligence is fueling unprecedented demand for electricity—yet today’s grid was never built for the load that’s coming. Analysts forecast AI-related data centers could increase power consumption more than 8,000% by 2030, straining North America’s already fragile infrastructure. At Frontieras, we believe the future of AI depends on a new kind of baseload energy: dispatchable, reliable, and sustainable. Our patented FASForm™ technology is designed to deliver exactly that—transforming abundant resources into clean fuels, hydrogen, and carbon products with zero waste.

For more than a decade, Frontieras' founders prepared for this moment. They forecasted what no one else could see: the energy sector would hit a breaking point, ESG would crumble, politics would flip, and America would need next-generation industrial technologies to power its future.

That moment has come, and Frontieras is executing on it with its breakthrough FASForm technology.