quote:Originally posted by zerocool42: vol: 954,105,249 so far. 3-6 months boys and girls and this will be making lots of people money. keep and eye on it. get in while it's .0001
Any one that's not a millionaire yet, crack those piggy banks. This is gonna be your ticket.
Don't spend what you can't afford to lose and do your own research but I see some real money here.
WOW, that kind of volume and its still .0001? what's the Float? Why do you think this going to be huge?
-------------------- Only ONE good stock away from retirement! Posts: 493 | Registered: May 2009
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posted
one of the requirements they need to reach is a pps of .25 for there goal. It has slowly been completing each requirement. Not to many left.
They have been putting out a lot of news that is looking up. Though we need to get a lot more buys in this thing. It will take off fast when it does.
DALLAS, July 22, 2009 (GLOBE NEWSWIRE) -- 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.
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.Posts: 38 | Registered: Aug 2009
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Link to June 2009 financials. Seems to be paying off debt. I will put some money in and forget about it.. see what happens in the future right? Win Win situation with biofuels? Any suggestions?
Posts: 276 | From: Wichita, KS | Registered: Aug 2009
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Evolution Fuels Files Supplemental Information Disclosure Related to Retirement of Certain Debt in the Amount of $2,536,869.26
Sep 18, 2009 10:14:35 (ET)
DALLAS, Sep 18, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has filed a "Supplemental Information" filing which can be found on the Pink Sheets OTC Markets website ( www.pinksheets.com ) under "Filings" for Evolution Fuels.
In the filing, the Company describes the status of certain debts in the aggregate amount of $2,536,869.26 that have recently been retired.
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.
posted
* 17 Cents that would make AKYI an 85 Million $ Company . We would need just 8.5 million in earning to be an 85 million dollar company with a ten times multiple. I think AKYI will have between 10 and 20 million in revenue next year from the current and anounced product line. Excluding any set top box developments. If we do get 20 million in revenue and have a 45% profit , we could see a 20 times multiple. There are a bunch of ways to do the math but . I dont see any reason that AKYI should not be valued in the very high xx milions.
Posts: 40 | Registered: Jan 2008
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Evolution Fuels Announces Agreement With Informa Economics
Sep 22, 2009 09:31:06 (ET)
DALLAS, Sep 22, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has reached an agreement with Informa Economics, Inc., to jointly publish a series of articles regarding renewable fuels through the Company's affiliate, Big Star Informative Media, LLC. Informa Economics is a world leader in broad-based domestic and international agricultural, energy, and commodity/product market research, analysis, evaluation and consulting, headquartered in Memphis, Tennessee.
Informa will work with the Company primarily to help educate and inform the public with fact-based inputs regarding renewable fuels via the Company's website, www.evolution-fuels.com . The website contains a **** that will be updated weekly with current news, policy matters, facts, and opinions regarding the evolution of the renewable fuels industry.
Evolution Fuels CEO, Dennis McLaughlin, stated, "We believe that having this agreement with Informa Economics will provide us access to one of the premier agriculture and commodity data sources in the country. Their data, analysts, and economists will allow us to vigorously support our Company's position that renewable fuels will be a viable and critical part of this nation's energy policy in the years to come."
Additionally, Evolution Fuels will utilize the Company's relationship with its affiliate, Big Star Informative Media, LLC, a subsidiary of Big Star Media Group, Inc., to publicize the information through various media outlets.
As the Company moves forward with its plan of rolling out retail renewable fuel outlets, management believes it is imperative that it aggressively pursue informing the public about the benefits and uses of renewable fuels, as well as dispelling myths and untrue statements regarding this industry.
Big Star Informative Media was formed to provide public relations messages to targeted audiences via a variety of digital and electronic means.
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 .
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.
Evolution Fuels in the Process of Negotiating Potential Fuel Station SitesFont size: A | A | A9:42 AM ET 9/23/09 | GlobeNewswire 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.
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," "foresees," "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
it used to go from .0001 to .0002 all day long, it has been flatlined now for awhile. I had CXAC for ever, like 12,000,000 shares, it just sit there at .0001 for ever. Now it is .0005 with some news about an anti aging lotion/potion. EVFL has more going for it than that...imo. If they would just build another truck stop. Even if the biofuel doesn't move, there is a need for more truck facilities,
posted
This has news!!! 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
Sorry about that, I forget I am an hr behind in my time zone. Just got a little excited is all. Scotty won't let me but anymore EVFL or CXAC unless I call it in, Oh well, I have enough anyway,lol, but I wonder why. Will check out the float.
posted
Great news here!! Buy while it's still low!!!
Evolution Fuels Announces Board Authorization of Stock Purchase Program
Sep 24, 2009 10:50:20 (ET)
DALLAS, Sep 24, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that its Board of Directors authorized a stock repurchase program under which up to ten billion shares of its outstanding common stock may be acquired in the open market over the next six months at the discretion of management.
The shares will be purchased from time to time at prevailing market prices, through open market or unsolicited negotiated transactions, depending upon market conditions. Under the program, the purchases will be funded from available working capital, and the repurchased shares will be held in treasury or used for ongoing stock issuances such as issuances under employee stock plans. There is no guarantee as to the exact number of shares that will be repurchased by the Company, and the Company may discontinue purchases at any time that management determines additional purchases are not warranted.
Evolution Fuels' CEO, Dennis McLaughlin, remarked, "The Board's approval of this program reflects our confidence in Evolution Fuels' future. Repurchasing stock demonstrates our commitment to enhancing stockholder value."
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," "foresees," "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
i loaded up today for the future.. hopefully it goes well according to estimates within a year 0.32 target price!!!! thats a difference from .0001 that is achievable unlike ctic target price for a year of 50.0
Posts: 276 | From: Wichita, KS | Registered: Aug 2009
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GLOBENEWSWIRE Evolution Fuels Appoints New Chief Financial Officer
Evolution Fuels Appoints New Chief Financial Officer
DALLAS, Sep 30, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced the appointment of Mr. David Farmer as its new Chief Financial Officer.
"We are pleased to have an experienced financial executive as David join our team," said Dennis McLaughlin, CEO of Evolution Fuels. "His strong background will be a tremendous asset to the Company."
Mr. Farmer has over 35 years experience in public accounting as well as the financial services industry. His experience includes SEC reporting, strategic corporate planning, mergers and acquisitions, banking, regulatory compliance, and commercial real estate development.
Mr. Farmer has provided consulting services for the past three years, which have involved SEC reporting, acquisitions due diligence and negotiations, and capital raises. From 2003 to 2007 he was Founder, President, and Chief Executive Officer for Equity Bank, which grew from $25 million in assets to $250 million in assets over a three-year period. From 1993 to 2003, Mr. Farmer served in several senior level positions for various banking and real estate companies in such capacities as Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer. Throughout his career he has demonstrated a consistent ability to accomplish corporate goals and establish high performance standards.
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 http://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," "foresees," "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
Let's see if this news can pull this stock out of the mud!
Related Quotes Sym. Price Chg. EVFL Trade News 0.0001 -0.0001 Evolution Fuels Applies for DOE Retail Fuel Ethanol Infrastructure Grant
Oct 5, 2009 09:40:21 (ET)
DALLAS, Oct 5, 2009 (GlobeNewswire via COMTEX) -- 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 has submitted an application for a U.S. Department of Energy ("DOE") grant titled "Recovery Act Funding for Expansion of Infrastructure for Higher Ethanol Blends."
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.
While the Company continues to apply for federal and state grants and loan guarantees to assist with its capital needs, there is no assurance that the Company will receive any funds under the Recovery Act.
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
GLOBENEWSWIRE Evolution Fuels Executes Letter of Intent for First Fuel Station
Evolution Fuels Executes Letter of Intent for First Fuel Station
DALLAS, Oct 13, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has executed a letter of intent to enter into a lease agreement for the Company's first fuel station under the brand, "Evolution Fuels". The station will be located in the heart of the Dallas metropolis, near the upscale Park Cities neighborhood, the "Uptown" area, and the Turtle Creek neighborhood. It will serve as the first "marquee" location for the Company's planned rollout of its branded stations.
Per the Company's business plan, the station will 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 station 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 of 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 2009: http://feerc.ornl.gov/pdfs/pub_int_blends_rpt1_updated.pdf Click for Detail
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 Click for Detail
Posts: 276 | From: Wichita, KS | Registered: Aug 2009
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posted
GLOBENEWSWIRE Evolution Fuels Announces Branding Campaign and Fuel Station Rollout Strategy
Evolution Fuels Announces Branding Campaign and Fuel Station Rollout Strategy
DALLAS, Oct 21, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced its strategy for a rollout of "Evolution Fuels"-branded renewable fuel stations.
The Company's rollout plan extends from Texas and Oklahoma, and eastward through Louisiana, Arkansas, Mississippi, Alabama, and Florida. The plan calls for the establishment of select "marquee" stations within key cities in each of these states over the course of the next twelve months, to be followed by additional stations as permitted by the degree of the Company's future successes.
The Company plans to provide superior quality fuels to competing fuel stations by virtue of the blending capability within the fuel dispensers at its stations and offering the blends at competitive prices. The planned stations will offer ethanol/gasoline blends of fuel including 10% ethanol/90% gasoline (E10), 20% ethanol/80% gasoline (E20), and 85% ethanol/15% gasoline (E85). The latter two blends are intended for flex-fuel vehicles, although recent studies have shown that many legacy vehicles on the road today may use an E20 blend without incurring damage to the engines or fuel systems.
Additionally, a B20 (20% biodiesel/80% petroleum diesel) biodiesel product is planned at the pumps that can be used in diesel engines without any modifications to the vehicle.
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
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 Click for Detail
Posts: 276 | From: Wichita, KS | Registered: Aug 2009
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posted
GLOBENEWSWIRE Evolution Fuels to Dividend Common Shares of Southwest Resources, Inc.
Evolution Fuels to Dividend Common Shares of Southwest Resources, Inc.
DALLAS, Oct 16, 2009 (GlobeNewswire via COMTEX) -- 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 http://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.
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GLOBENEWSWIRE Evolution Fuels Initiates Awareness Program to Support Branding Strategy
Evolution Fuels Initiates Awareness Program to Support Branding Strategy
DALLAS, Oct 21, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced its plans for bringing increased public awareness to the advantages of the use of renewable fuels within the retail transportation fuels market as part of its branding strategy. The program will be implemented through its subsidiary, Big Star Informative Media LLC, also an affiliate of Big Star Media Group, Inc. (Pink Sheets:BMGI).
The Company's plan will include targeted messages to the public through various media outlets, as well as providing messages at the pump in the form of video clips to be displayed on monitors at each of the Company's fuel dispensers. The video clips are slated to feature recognizable celebrities who endorse the use of renewable fuels.
Big Star Informative Media LLC, a 50/50 joint venture between Evolution Fuels and Big Star Media Group, Inc., intends to apply for a grant through the U.S. Department of Agriculture's Biodiesel Fuel Education Program. This program provides competitive grants to eligible entities to educate government and private entities that operate vehicle fleets and the public about the benefits of biodiesel fuel use.
The Company believes that by proactively describing and delivering the facts regarding the advantages of alternative fuels, it will not only overcome many of the concerns about the industry, but will also allow the consumer to associate the Company's brand with a high quality, reliable product.
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 http://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.
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GLOBENEWSWIRE Evolution Fuels Executes Letter of Intent to Acquire Fuel Stations in Alabama and Mississippi
Evolution Fuels Executes Letter of Intent to Acquire Fuel Stations in Alabama and Mississippi
DALLAS, Oct 22, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has executed a letter of intent to acquire two existing and operational fuel stations, one located in southern Alabama and the other in central Mississippi. The Company intends to brand the stations as "Evolution Fuels."
One of the stations is located in an affluent area of the town of Fairhope, Alabama, which is approximately eighteen miles southeast of Mobile, Alabama. The station currently offers E10 (10% ethanol/90% gasoline) and E85 (85% ethanol/15% gasoline) and B20 biodiesel. The second station is located in Newton, Mississippi and currently offers E10, E85, and B20 biodiesel.
Both stations feature fuel blending at the dispenser, which conforms to the Company's model of providing renewable fuels at the retail level. The Company plans to apply its "Evolution Fuels" branding to the stations and add sufficient equipment to provide an additional E20 product at the pumps.
The Company expects to sign the definitive purchase agreement pursuant to the letter of intent by November 30, 2009.
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 http://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.
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