June 7, 2010 (FinancialWire) — Evolution Fuels, Inc. (OTC: EVFN) said that the company's board of directors has determined that it will not authorize any reverse split of Evolution’s common stock within the next 120 to 180 days.

The company said it has made no plans to effectuate a reverse split after that time period.

Texas-based Evolution Fuels plans to market renewable transportation fuels at retail fuel stations that possess a blending capability within the fuel dispensers at their stations.

The stations will offer ethanol/gasoline blends of fuel. 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, Texas.

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