Evolution Fuels Announces Filing for a Reverse Stock Split
November 02 2012 - 10:45AM
Evolution Fuels, Inc. (OTC:EVFN) ("Evolution Fuels") today
announced that it has filed applications and paperwork with
Financial Industry Regulatory Authority to implement a twenty
thousand to one reverse split of its common stock. The approval
process in expected to take approximately four to eight
weeks. Evolution Fuels will provide additional updates as
they become available.
About Evolution Fuels
Corp.
Evolution Fuels currently has no operations. On August 29,
2012, Evolution Fuels entered into an Agreement of Merger and Plan
of Reorganization with Strong Captain Co. Ltd. (the
"Merger"). One of the conditions to closing the merger is the
completion of the reverse stock split.
The company is currently located at 712 Lippo Sun Plaze, Canton
Road, TST, Hong Kong.
Cautionary Note About Our Forward-Looking
Statements
All of our statements that contain other than purely historical
information, including estimates, projections, statements relating
to our business plans, objectives and expected operating results,
and the assumptions upon which those statements are based, are
"forward-looking statements" within the meaning of applicable
federal securities law. Forward-looking statements may generally be
identified by words such as "believe," "project," "expect," "may,"
"estimate," "intend," "plan," "will," "could," and similar
expressions. The Private Securities Litigation Reform Act of 1995
contains safe-harbor provisions for forward-looking statements, and
we intend that our forward-looking statements be covered by those
provisions.
Forward-looking statements are based on current expectations and
assumptions that are subject to risks and uncertainties, both known
and unknown, that may cause actual future results to differ
materially from those indicated in the forward-looking statements.
Our ability to predict future results of current plans or
strategies is inherently uncertain. Factors that could have a
material adverse affect on our future operations and prospects
include, but are not limited to: competition, interest rates,
changes in economic conditions, litigation, political and
regulatory changes, the cyclical nature of the mining industry,
technical issues inherent in the mining process, our ability to
attract and retain qualified personnel, the availability of capital
and a change in demand for minerals produced. These risks and
uncertainties should be considered when evaluating forward-looking
statements, and undue reliance should not be placed on such
statements.
We undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. More information concerning our
business, including additional factors that could materially affect
our financial results, may be found in our periodic filings with
the SEC (http://www.sec.gov).
CONTACT: Champion Token Ltd.
email: web@apit-Champion.com Tel:(852)
2375 5100
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