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Winston-Salem, NC, United States, 2010/08/23 - SmallCapReview a leading site for news and information on small caps, penny stocks and microcaps is adding Evolution Fuels (EVFN) to its list of stocks "On the Radar".
Evolution Fuels engages in the development of retail renewable fuel stations. It involves establishing a chain of retail fuel stations/convenience stores and truck stops that offer various blends of renewable fuels, such as ethanol and biodiesel.
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 is focused on assisting the United States’ efforts in achieving energy independence by providing availability of renewable fuels at the pump.
EVFN's first station location is in the heart of the Dallas metropolis, immediately adjacent to the upscale Park Cities neighborhood, and will serve as the first "marquee" location for the Company's planned rollout of its branded stations. Evolution Fuels plans to uniquely image the station and offer specialty foods, beverages and other products in order to help create a recognizable brand as it rolls out additional stations.
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.
EVFN Investor Highlights Include:
Announced it has initiated the required permitting process for construction of its first flagship fuel station in Dallas, Texas.
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 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.
The Company has executed a lease agreement for its first "Evolution Fuels" fuel station located in Dallas, TX. Initial design and environmental work has been completed for this station and management expects construction to commence in July.
Evolution plans to open another fuel station, likely in Mississippi, during the month of September.
To learn more about EVFN visit SmallCapReview.com/.
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