December 4, 2009 (FinancialWire) — Evolution Fuels, Inc. (OTC: EVFN) has clarified the current outstanding share count as a result of the reverse stock split effective as of Friday, November 27, 2009.

The current total outstanding share count of Evolution Fuels’ common stock is approximately 164 million shares.

Additionally, the company is in the process of amending its certificate of Incorporation such that the number of authorized shares of common stock will be reduced to one billion shares.

Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20).

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