Strattner Financial Group (SCNG)

[Crusader]

Will EVFL be trading at .25 pps later this year?

The next to last EVFL press release said as much! TWENTY-FIVE CENTS PER SHARE!? My opinion is that either this company is deceptive and fraudulent, or we as shareholders have a tiger by the tail. Which is it? We will know soon enough because the company has stated in its next to last press release that it will take steps in the "next few weeks" to meet OTCQX listing requirements. Those steps are generally verifiable by our information starved shareholders, especially verifiable in SEC filings for the last two years that are part of the listing requirements. 2008 and 2009? My experience with developing micro-cap companies such as EVFL is that they file prior audited financial papers with the SEC as they become available. There could be weeks or even months between filings as the CPA's generate the audited financial papers. So it is usually "a process", not an all at once event. But the point is that we will know the process has started and not have to speculate as to what the EVFL business plan is. And if trading at .25 pps or higher is part of the plan, then the current longs will be very happy and rich! Consider the following carefully:

From the EVFL press release of July 22, 2009:

http://finance.yahoo.com/news/Evolution-Fuels-to-Pursue-pz-3926863073.html?x=0&.v=1

"...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."

Here are the OTCQX listing requirements from OTCQX:

http://otcqx.com/otcqx/otcqx/listing

"OTCQX U.S.


* Ongoing operations (no shells, blank check or special purpose acquisition companies);
* A minimum bid price of $0.25 (for preceding 90 business days);
* The company may not be subject to any bankruptcy or reorganization proceedings;
* The company must be duly organized, validly existing and in good standing under the laws of each jurisdiction in which the company is organized;
* At least 50 beneficial shareholders, each owning at least 100 shares of the Company's common stock;
* Ongoing quarterly and audited annual financial reports posted on OTCQX.com, a premier website for qualifying companies (SEC Registered issuers can use EDGAR); and
* Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals (fka Moody's Manuals), which satisfies the Blue Sky requirements for secondary transactions in many states, together with a list of any other states in which the security is Blue Sky compliant and eligible to be sold by brokers in those states;
* DAD Letter of Introduction upon application process completion and quarterly and annually thereafter to Pink OTC Markets Inc. confirming that the issuer has made adequate current information publicly available and meets the tier inclusion requirements...."
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There you have it. If EVFL files with the SEC its audited financial papers for 2007 or 2008 "in the next few weeks", i.e. in September, then we will know it from the SEC Edgar website, and we will know EVFL is following through on its 07/22/09 Press Release. The process will have started as publicly promised by EVFL. If not, then kiss off your money and move on to another stock or to the poor house. It is that simple!