DALLAS, Sep 4, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink
Sheets:EVFL) (the "Company") today announced that it has met the requirements
for, and has been moved to the Pink Sheets' highest tier, "Current Information."
"We have worked diligently to bring our status to the Current Information tier
so that we may maximize the value of our shares as we move forward with our
business plan over the next several months," stated Dennis McLaughlin, CEO of
Evolution Fuels.
A Pink Sheets status of "Current Information" indicates that Evolution Fuels
makes its current information publicly available through the OTC Disclosure and
News Service pursuant to the Pink OTC Markets Manual: Guidelines for Providing
Adequate Current Information.
About Evolution Fuels, Inc.
The Company endeavors to market renewable transportation fuels at retail fuel
stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and
biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the
development of a chain of renewable fuel stations that extend from Texas to
Mississippi that will be a combination of "Evolution Fuels"-branded fuel
stations/convenience stores and western-motif truck stops modeled after the
Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is
www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning
of the federal securities laws. In this context, forward-looking statements may
address the Company's expected future business and financial performance, and
often contain words such as "anticipates," "believes," "estimates," "expects,"
"intends," "plans," "seeks," "will," and other terms with similar meaning. These
forward-looking statements by their nature address matters that are, to
different degrees, uncertain. Although the Company believes that the assumptions
upon which its forward-looking statements are based are reasonable, it can
provide no assurances that these assumptions will prove to be correct. In
connection with the "safe harbor" provisions of the federal securities laws,
including the Private Securities Litigation Reform Act of 1995, important
factors that, among others, could cause or result in actual results and
experience to differ materially from the Company's anticipated results,
projections, or other expectations are disclosed in the Company's filings with
the Securities and Exchange Commission. All forward-looking statements in this
press release are expressly qualified by such cautionary statements, risks, and
uncertainties, and by reference to the underlying assumptions.
This news release was distributed by GlobeNewswire,
www.globenewswire.com
SOURCE: Evolution Fuels, Inc.
By Staff
CONTACT: CONTACT: Evolution Fuels, Inc.
Media & Investor Relations
Randy Hepler
866-765-4940
investors@evolution-fuels.com
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
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INDUSTRY KEYWORD: Energy Industries
SUBJECT CODE: ENERGY
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Originally Posted by billhart22
