Evolution Fuels Announces Filing for a Reverse Stock Split
Hong Kong - 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.
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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).
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