* Management Announces Goal of Uplisting to OTCQX
* Company Effects 1-for-600 Reverse Stock Split
* Rewards Shareholders with Two Million Shares of Common Stock
in Evolution Resources (OTCBB:EVLN), to Be Distributed as
* Additional 1-1 Dividend of Evolution Fuels Common Stock
HISTORICAL PRESS RELEASES:
CLICK ON THE FOLLOWING LINK TO SEE ALL PRESS RELEASES FOR EVFN: ih.advfn.com/p.php
OUR COMPANY www.evolution-fuels.com/
Earth Biofuels, Inc., now known as "Evolution Energy, Inc.", engages in the development, production, and distribution of petroleum diesel-based alternative fuels that include biodiesel, ethanol, and liquefied gas (LNG) in the United States. It produces pure biodiesel fuel (B100) for sale directly to wholesalers, as well as to be used as a blend stock to make B20 biodiesel. The company uses vegetable oils, such as soy and canola oil for the production of biodiesel fuel. It offers biodiesel products through a network of wholesale and retail outlets, as well as offers its LNG for municipal and commercial fleet customers. The company is headquartered in Dallas, Texas. Earth Biofuels, Inc. is a subsidiary of Apollo Resources International, Inc.
Evolution Fuels is committed to the establishment of retail fueling stations that will carry varying blends of ethanol and biodiesel. The Company is focused on assisting the United States' efforts in achieving energy independence by providing availability of renewable fuels at the pump.
Evolution Fuels, Inc.
3001 Knox Street
Dallas, Texas 75205
February 2010 Reg SHO Daily Files (For lookup of any EVFN volumes)
Management stated that the primary goals of the Company are as follows:
* Completion of a commercial scale cellulosic ethanol production
facility in the state of Washington.
* The securing of cellulosic and biodiesel projects in the Delta
region of Mississippi and Louisiana.
* The development of transportation fuel markets for higher blends
* Establishment of at least two additional truck stops similar to
the Willie's Place Truck Stop near Hillsboro, Texas, in which the
Company has a 48% stock ownership.
The Company plans to emphasize non-food feedstocks, the re-commissioning of existing facilities to reduce capital expense and lead times for production operations, and the utilization of geographic areas with resource and logistical advantages, such as the Mississippi and Louisiana Delta regions.