Evolution Fuels: Strategic Plan
Evolution Fuels, Inc.announced it has retained Bloomfield Advisors to assist the Company in structuring and financing certain of its current projects, and in identifying strategic partners as the Company proceeds toward its corporate objectives.
The Company believes that Bloomfield Advisors will play a key role in arranging, organizing, and structuring the financing opportunities needed to execute the Company's strategic plan. As the initial phase of its plan, management plans to build out one to three prototype fueling stations that completely exemplify the company's long term vision for the 'fueling station of the future'. The existence of these prototype locations will provide management the ability to effectively deliver its marketing message and implement its business strategy of expansion into additional markets.
Over the past several months the Company has worked to further define its brand strategy and refine the concepts for its roll out of "next generation" fuel stations. The Company envisions Evolution Fuels as a lifestyle brand, a brand that incorporates a broad selection of alternative fuels such as ethanol blends, biodiesel, and compressed natural gas, a store that incorporates recycled building materials and solar power, and sales that incorporate health foods and beverages.
Bloomfield Advisors is a financial advisory firm focused exclusively on the financing needs of small and micro-cap companies, with offices in New York and the San Francisco Bay Area. Bloomfield Advisors provides strategic planning, operational recommendations and financial engineering to ensure that its clients have the necessary capital to focus on their business.
About Evolution Fuels, Inc.
Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide superior quality fuels to competing fuel stations by virtue of the blending capability within the fuel dispensers at its stations and offering the blends at competitive prices. The stations will offer ethanol/gasoline blends of fuel including 10% ethanol/90% gasoline (E10), 20% ethanol/80% gasoline (E20), 30% ethanol/70% gasoline (E30), and 85% ethanol/15% gasoline (E85). The latter three blends are intended for flex-fuel vehicles, although recent studies have shown that many legacy vehicles on the road today may use E20 and E30 blends without incurring damage to the engines or fuel systems. The Company's plan calls for the development of a chain of renewable fuel stations in the southwestern and southeastern United States that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.