posted
I bought this one 2 months ago, one of the first ones I bought, been holding, I can't figure out what they are doing, but if they do what they say they are going to do, its a gold mine!! They had some financial problems, seem to have that taken care of, moving forward, but so far in small increments. Need to talk to CEO and see what they are doing. All these cars can run on electricity, fuel cells, etc, but the trucks need diesal. Right now the cost of producing biodiesal is not cost effective, but big crop of corn, stimulas money, higher gas prices could set this one on fire. Other boards talking about it too....
posted
I hope so too, hey would you do me a small favor, I also bought OPXA a couple of months ago and it is flying on news today, I would like an opinion when to sell this puppy. EVFL is supposed to have news today. On investors hub some guy swears he talked to CEO and was promised news. I know they have been trying to secure financing for more truck stops, hopefully they have suceeded.
posted
With regards to the new post "EVFL" I took the liberty to contact the company Evolution Fuels Inc., and asked for Randy Hepler who in charge of Media & Investor Relations of the company at 866-765-4940 and was told that he is still out of town until next week. I left a message for him to call me when he gets back. From my previous contact wioth the company he was expected to be back last Wednesday, but his secretary informed me that he has been in out of town meetings regarding the company's projects. I guess, there is some activities.
The below is the most recent news release by the company: 07/23/09 on completion of websites and another 07/22/09 on the application of OTCQX listing.
Evolution Fuels Announces New WebsiteFont size: A | A | A10:42 AM ET 7/23/09 | GlobeNewswire RELATED QUOTES
Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has completed construction of its new website. The new site contains a **** and current information regarding the Company. Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it is applying for a listing on the premier tier of the U.S. over-the-counter market -- the OTCQX marketplace.
The Company's management believes that it is in the best interest of the Company and its shareholders to have and maintain the OTCQX listing in order to attract those investors who demand the quality control process and superior information transparency required at this tier.
In order for the Company to be considered for admission to the OTCQX tier it must meet several requirements, which include having audited financials as of the end of each of the two most recent fiscal years. Over the next few weeks the Company plans to take the steps necessary to meet such requirements.
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.
posted
Dagny, With regards to OPXA, you better sell some today. If you bought it a couple of months ago at around .50 cents, and right now the bid price is $2.21, what are you waiting for ?. I would sell the baby and buy it back when it shades some in later days.
Posts: 468 | From: Minneapolis | Registered: Jul 2009
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posted
Maybe this bloke and his possie have signed up for stimulas money/grants from Obama's renewable energy plan.Any CEO/company with half a brain in alternate fuel should do so.
posted
Hey Hot Pepper, guess who has news!!! The Okla boys are gonna bring it on !
Evolution Fuels to Apply for DOE Cost-Sharing Program for the Expansion of Retail Fuel Ethanol Infrastructure Monday 08/10/2009 1:29 PM ET - Globenewswire
Related Companies Symbol Last %Chg EVFL 0.0001 -50.00%
As of 3:58 PM ET 8/10/09 Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that as part of its efforts to establish retail fuel stations that carry varying blends of ethanol, it intends to apply for the U.S. Department of Energy's ("DOE") recently announced cost-sharing program for projects that will expand the infrastructure of fueling locations up to 85 percent ethanol.
The DOE recently announced the availability of up to $5.5 million from the American Recovery and Reinvestment Act to increase the use of higher ethanol blends (up to E85), with plans to offer up to $3.5 million to 15-30 projects for cost-shared projects to modify, upgrade, expand existing fuel pumps and other infrastructure at retail stations or the installation of new equipment to accommodate the higher ethanol blends. The DOE additionally plans to fund up to $2 million toward the raising of public awareness of higher ethanol blends up to E85.
Evolution Fuels' CEO, Dennis McLaughlin, stated, "It is the Company's position that programs such as this are critical to solving the problems of growing the distribution and sales of renewable forms of energy. This type of program should greatly aid companies who seek to be providers of higher blends of ethanol and biodiesel fuels at the pump."
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, specifically there can be no assurance that the Company will be granted any funds under the DOE's new program. 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.
posted
The stock gods must have heard my plea, some good news for all that is in this...just out
Wednesday 09/23/2009 9:42 AM ET - Globenewswire
Related Companies Symbol Last %Chg EVFL 0.0001 0.00%
As of 11:52 AM ET 9/23/09 Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has identified and is in the process of negotiating five potential locations in the Dallas metropolis area. The Company is determining which will serve as the first "marquee" location for the Company's planned rollout of its branded stations.
Per the Company's business plan, the stations would offer renewable fuel blends at the pump. The fuel dispensers, to be provided by Dresser Wayne, are uniquely designed to blend petroleum fuels with renewable fuels from the underground storage tanks within the dispenser as the fuel is delivered into the vehicle. The planned product offering includes E10 (10% ethanol blended with 90% petroleum gasoline), E20, E30, and E85, as well as B20 (20% biodiesel blended with 80% petroleum diesel). Although the octane content actually increases going from E10 to E30, the Company foresees the pricing to be $0.05 to $0.10 per gallon lower for the E20 product compared to E10, and likewise the same discount for the E30 product compared to E20.
The Company plans to uniquely image the stations and offer specialty foods, beverages, and other products in order to help create a recognizable brand as it rolls out more stations according to its business plan.
The E20 to E85 ethanol blends are intended for use in flex-fuel vehicles, although recent studies have shown that many legacy vehicles on the road today may use E20 blends without incurring damage to the engines or fuel systems. Research and testing has been conducted by groups in collaboration with the U.S. Department of Energy (DOE) that show blends of up to 20% ethanol can be used in most legacy automobiles. Specifically, in the summer 2007 the DOE initiated a test program to evaluate the potential impacts of intermediate ethanol blends on legacy vehicles and other engines. Results of those tests can be found in the National Renewable Energy Laboratory's report (Effects of Intermediate Ethanol Blends on Legacy Vehicles and Small Non-Road Engines) published in February 2000: http://feerc.ornl.gov/publications/Int_blends_Rpt1_Updated.pdf
In December 2007 the American Coalition for Ethanol reported that research findings "show that mid-range ethanol blends-fuel mixtures with more ethanol than E10 but less than E85 -- can in some cases provide better fuel economy than regular unleaded gasoline, even in standard, non-flex-fuel vehicles." The report may be found here: http://www.ethanol.org/pdf/contentmgmt/ACE_Optimal_Ethanol_Blend_Level_Study_fin al_12507.pdf
The Company believes that a 20% to 30% blend of ethanol is something that this country can achieve and will cause a meaningful decline in the country's reliance on foreign oil.
posted
OK, color me stupid, what exactly does this mean?
Evolution Fuels to Dividend Common Shares of Southwest Resources, Inc. 64 minutes ago - Globenewswire
Related Companies Symbol Last %Chg EVFL 0.0001 0.00% SWRS 0.3499 0.00%
As of 10:04 AM ET 10/16/09 Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that the Company will dividend 1.5 million shares of the Company's ownership of common stock of Southwest Resources, Inc. (Pink Sheets:SWRS).
On October 16, 2009, the Company executed a settlement agreement with Southwest Resources, which owed a debt to the Company related to a transaction during the third quarter of 2006. The settlement involved the exchange of shares of common stock in Southwest Resources for forgiveness of the debt.
As Evolution Fuels' current business focus is on the establishment of retail renewable fuel stations, the Company's management has determined to provide its shareholders with any potential upside in the equity ownership of its 1.5 million shares of Southwest Resources common stock through a dividend of the shares to its shareholders. Any shareholder of record owning at least 50,000 shares of Evolution Fuels common stock as of November 30, 2009 shall be entitled to receive a quantity of the 1.5 million shares of Southwest Resources common stock proportionate to their ownership of shares of Evolution Fuels common stock. The dividend of shares of Southwest Resources shall be in certificate form and will bear a restrictive trading legend pursuant to Rule 144.
Such dividend shall occur after Southwest Resources has published its Initial Company Information and Disclosure Statement and current financial statements to the Pink Sheets website and achieved the tier ranking of "Current Information."
About Evolution Fuels, Inc.
The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol ranging 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.
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