ADDISON, TX--(Marketwire - December 9, 2009) - Systems Evolution (
In making the announcement, CEO Steven Humphries said, "In an effort to make current information available to shareholders and the general public, we are now reporting to Pink Sheets. Our financials have been posted as of September 30, 2009 and the 'stop sign' has been removed. We plan on filing the disclosure statement and other information in order to become fully reporting within the next 90 days."
Humphries also added, "We are currently working with our accountants and legal counsel to prepare the financials of Highline Hydrogen Converters and Hoss Motor Sports, our majority owned subsidiary companies. Once complete these financials will also be filed."
In August 2009, the Company announced that it had acquired a majority interest in Highline Hydrogen Hybrids and Hoss Motor Sports, Arkansas-based companies.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.