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SCNG SC Holdings Corporation (CE)

0.0002
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
SC Holdings Corporation (CE) USOTC:SCNG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0002 0.00 01:00:00

Evolution Fuels Announces to Enter a Letter of Intent to Acquire Strong Captain Co. Ltd.

27/06/2012 12:26am

GlobeNewswire Inc.


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Evolution Fuels, Inc. (OTC:EVFN) today announced that it signed a Letter of Intent on June 22, 2012 to acquire certain of the assets of Strong Captain Co. Ltd., a company providing GPS automobile security monitoring system company ("Strong Captain"), including its intellectual property, website, customer base and software. The financial terms of the proposed acquisition have not yet been determined. As part of the Letter of Intent and to allow Evolution Fuels to perform its due diligence, Strong Captain agreed to a 90-day "no-shop" period.

About Evolution Fuels Inc.

Evolution Fuels Inc. is a U.S. corporation has no currents operations.

About Strong Captain Co. Ltd.

Strong Captain Company Limited focus in providing GPS tracking and monitoring services for automobiles. For more information, please refer to http://www.strongcaptain.com

Cautionary Note About Our Forward-Looking Statements

All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe", "project", "expect", "may", "estimate", "intend", "plan", "will", "could", and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.

Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse effect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC (http://www.sec.gov) .

CONTACT: Champion Token Ltd. email: web@apit-Champion.com Tel:(852) 2375 5100

This information was brought to you by Cision http://www.cisionwire.com http://www.cisionwire.com/evolution-fuels--inc/r/evolution-fuels-announces-to-enter-a-letter-of-intent-to-acquire-strong-captain-co--ltd-,c9277728

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