Evolution Fuels Corporate Update
January 08 2013 - 7:30AM
Marketwired
Evolution Fuels, Inc. (PINKSHEETS: EVFN) (the "Company") previously
announced on August 29, 2012 that it has signed a definitive
Agreement of Merger and Plan of Reorganization with Strong Captain
Co. Ltd. The Company is pleased to announce that due-diligence
continues and it is believed that the merger will be executed
within reasonable timeframe. The Company also notes that, since the
initial announcement, Strong Captain has also invested into a nano
high performance energy saving heat dissipation coatings business
as well as its original GPS businesses.
Additionally, on November 3, 2012, the company announced it had
filed paper work with the Financial Industry Regulatory Authority
to implement a twenty thousand to one reverse split of its common
stock. The Company continues to pursue the reverse stock split and
expects it to be effective within two weeks.
About Evolution Fuels, Inc.
Evolution Fuels, Inc. is a U.S. corporation and has no
operation.
About Strong Captain Co. Ltd.
Strong Captain Company Limited focus in providing GPS tracking
and monitoring services for automobiles. For more information,
please refer to http://www.strongcaptain.com
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 effect 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 obtained from the company.
CONTACT: Strong Captain Co. Ltd. 712, 7/Floor, Lippo Sun Plaza,
Canton Road, TST, Kowloon Tel: (852) 2375 5100 Fax: (852) 2375
5600
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