12/02/2009 // Press Release
DALLAS,
Dec. 2, 2009 -- Evolution Fuels, Inc. (Pink
Sheets:EVFN) today clarifies the current outstanding share count as a
result of the reverse stock split effective as of last Friday, November
27, 2009.
The current total outstanding share count of Evolution Fuels' common stock is approximately 164 million shares.
Additionally, the Company is in the process of amending its
Certificate of Incorporation such that the number of authorized shares
of common stock will be reduced to one billion shares.
About Evolution Fuels, Inc.
Evolution Fuels, Inc. 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.
The Company's website 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.
CONTACT:
Trilogy Capital Partners
Darren Minton, Vice President
800-592-6067
info@trilogy-capital.com