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Impact Fusion International, Inc.: Impact Fusion International to File Form 10 for Its Wholly Owned Subsidiary Supreme Energy R

^{Published on 2009-09-11 13:53:48 - Market Wire}
 

DEERFIELD BEACH, FL--(Marketwire - September 11, 2009) - Impact Fusion International (PINKSHEETS: [ IFUS ]) announced today it will be filing a Form 10 for its wholly owned subsidiary, Supreme Energy Resources, Inc., a Louisiana corporation. In effect, the intent is to have Supreme Energy Resources, Inc. stand as a separate public entity and our shareholders to benefit from its business as well as benefit from the business of Impact Fusion International, Inc. Supreme Energy Resources, Inc. was formerly RR Louisiana Property, LLC and holds title to an 85 acre energy park in the State of Louisiana. Shareholders of record date will be announced following the filing of the Form 10 and the completion of any review by the Securities and Exchange Commission, no earlier than sixty days from the date of filing. Although no assurances can be provided, the audited financials and Form 10 application should be completed for submission within 18 days.

"The filing of the Form 10 for Supreme Energy Resources, Inc. will allow two solid business plans to develop and increase shareholder value, while bringing clarity of purpose to both Impact Fusion International and Supreme Energy Resources," stated Marc Walther, CEO. Management has determined that the market sector for Supreme Energy Resources, Inc., which is in the energy generation market sector, does not fit the core market sector of the parent company which is health and wellness. Supreme Energy Resources, Inc., with its Louisiana energy park, will develop solar, algae and wind energy technologies from agreements transferred from the parent company. Also being transferred from the parent company will be debt in excess of $450,000 which primarily is on the mortgage of the property and other related debts.

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About Supreme Energy Resources, Inc. Supreme Energy Resources, Inc. is in the business of "Energy Generation" through solar, algae and wind technologies developed and marketed in conjunction with its Louisiana energy park.

About Impact Fusion International, Inc. Impact Fusion International, Inc. is in the business of marketing products in the "Health and Wellness" sector of all international markets. It is the company's mission to invent, develop and market these proprietary products worldwide for the health and well being of humans and animals.

This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.