Enviro-Serv Inc. (EVSV) Announces Explosive Record Q2 2017 Financials and Major Common Stock Reduction
TAMPA, FL--(Marketwired - Aug 10, 2017) - Enviro-Serv, Inc. (OTC PINK: EVSV), the parent and publicly traded vehicle of Enviro-Serv USA Inc., a full service and fully licensed Florida pest control operation, is pleased to announce record setting second quarter results, record profits and additionally a 35% issued common stock reduction.
Chris Trina, Chairman and CEO had these exciting remarks for the investing public about the final results of 2017 quarter two financials. "I am very happy with the overall results of our second quarter. As announced and forecasted in May we exceeded the lofty goal of a $100,000 quarter and finished at $109,000 in sales and $40,000 in net profits for Enviro-Serv USA our wholly owned subsidiary. Comparative six month results from 2016 the company increased sales from $95,000 to $135,000 and increased net profits from $22,000 to $37,000 which is an awesome accomplishment. As excited as I am to share this great news with the investing public, I am most excited about our current cash position of $85,000 up from $3500 one year ago concurrent with a massive 35% net reduction of 1,158,541,667 shares of EVSV issued stock within Q2. In addition, we successfully raised debt capital in the amount of $67,000 and as stated above had zero dilution to our shareholders. We are midway through the third quarter with again zero dilution in our common stock and strong sales for the summer months."
Trina went on to exclaim, "I want everyone to understand something very clearly. Although I am happy and pleased with these results by no means am I fully satisfied nor content with them. We are working extremely hard as a team here in Tampa to continue this amazing growth. We have an awesome shareholder investor base that communicates with me regularly and I cannot say how appreciative I am of their patience and understanding during this last year and ask for continued patience going forward. I will do everything in my power to increase shareholder value and utilize the new found capital in the absolute best interest of our shareholders. I cannot fully explain our low price per share at this time nor the major disconnect the market has placed on EVSV pps before today's announcement but I am very confident with this upbeat release today that some point in the near future the market will ultimately "get it right."
In a consistent effort to update the investment community and to stay transparent on exciting developments with Enviro-Serv Inc., Trina ended his comments by stating this,
"By the end of August I fully intend to have the Organic Products Int'l website up and running and with some hard work and perseverance have the necessary distributorships in place with fertilizer manufacturer's to infiltrate the marijuana grower market as well as other end user space such as golf courses, farming, athletic complexes and universities just to name a few. 2017 is going as well as I could have imagined and I envision a huge exciting second half across the board."
ENVIRO-SERV, INC. Q2 2017 financials can be viewed on the OTCMARKET website under the symbol EVSV.
Enviro-Serv, Inc. (EVSV) Announces Expected Record $100,000 Second Quarter Revenues
TAMPA, FL--(Marketwired - May 30, 2017) - Enviro-Serv, Inc. (OTC PINK: EVSV), the parent and publicly traded vehicle of Enviro-Serv USA Inc., a full service and fully licensed Florida pest control operation, is pleased to announce record-setting second quarter current results as well as record-setting expected final second quarter results.
Chris Trina, Chairman and CEO, had these exciting remarks for the investing public about the current and expected final results of 2017quarter two financials: "We are having a blowout quarter and only two-thirds completed at this juncture. We have recorded combined sales in April and May of $80,000 and easily expect to reach $100,000 by the end of the quarter ending June 30th. We are literally hitting on all cylinders and quite proud of these results. We have successfully diversified our sales in all 3 major categories -- Government, Commercial and Residential -- while experiencing the busiest termite season in the past 9 years here in Tampa Bay. We are seeing high profit margin jobs completed and feel strongly about not only sales but our expected net profits as well."
Trina went on to exclaim, "As we explore opportunity beyond pest control, such as organic fertilizer entry into the marijuana growers market along with our joint marketing venture with Quality Roofing, we are pleased to announce we now have 33 5-star reviews with Home Advisor. The partnership with them in the termite and pest control arena continues to soar and prosper. This one single decision to join the team at Home Advisor is without a doubt the single best marketing investment made to date."
In a consistent effort to update the investment community and to stay transparent on exciting developments with Enviro-Serv, Inc., Trina ended his comments by stating, "We stated certain goals and expectations in our January letter to shareholders that we are very proud are coming to fruition. As we continue to grow and expand our pest operations and look for more territory growth we are taking sales diversification very seriously and intend to earn revenues from non pest control sectors over the short term. We have successfully reduced shares significantly and now setting financial records sets us up nicely for a very strong overall year that shareholders can be proud of. I realize there are some non-believers and frustrated shareholders but I ask for continued patience as we strive to build on shareholder value and market cap increase through our internal efforts going forward. I look forward to updating the investing public again very soon on some further exciting news."
About Enviro-Serv, Inc.
Enviro-Serv, Inc. (EVSV) is a Tampa based public corporation specializing in providing full service pest control management in the counties of Hillsborough and Pinellas. These pest control services are captured in our wholly owned subsidiary, Enviro-Serv USA Inc., which owns and operates the franchise Pestmaster Services-Tampa. Please visit our websites at www.evsvinc.com and www.pestmaster.com to learn more.
Enviro-Serv, Inc. (EVSV) Announces Exploratory Entry Into Marijuana Fertilizer Marketplace and Additional 260,000,000 Float Share Reduction
TAMPA, FL--(Marketwired - May 18, 2017) - Enviro-Serv, Inc. (PINKSHEETS: EVSV), the parent and publicly traded vehicle of Enviro-Serv USA Inc., a full service and fully licensed Florida pest control operation, is pleased to announce an unexpected 260 million share reduction in outstanding and floating EVSV common stock shares also in its effort to diversify and expand its scope of revenue producing opportunities has initiated exploratory meetings with major former Organic fertilizer and Pesticide manufacturers for potential entry into the marijuana growers arena.
Chris Trina, Chairman and CEO, had these exciting remarks for the investing public about the booming cannabis market, "One does not need to be a rocket scientist to understand the upside potential within the cannabis space as the growth projections continue to soar. In 2016 Fortune magazine estimated legal marijuana sales of over 6.5 billion dollars with growth estimates ranging from 25-30% through 2017. Many industries are feeding off this frenzy in their quest to capture their own slice of the pie. It has been publicly documented in a Forbes article dated July 6th, 2016 that the CEO of Scotts Miracle-Gro intends to invest over 500 million dollars and he was quoted in the same article to say, 'It's the biggest thing I've ever seen in lawn and garden.'"
Trina went on to exclaim, "The time is now for us to seriously explore our own opportunities. I feel strongly about my knowledge and sources of contacts within the insecticide/fertilization market to penetrate and capture some of this industry growth from within this arena. In 2008 and 2009 my former subsidiary, Organic Products International which hit sales of over one million dollars in those years, had multiple licensing/distribution agreements with two giants in the eco-friendly organic fertilizer space. Although the recession of 2008-2010 killed our momentum these relationships are still ripe and just yesterday I had a successful phone conference with my former Georgia-based joint venture partner which was highly encouraging. I believe we can create a niche market where we aren't directly competing against the Scotts of the world and successfully earn our fair share. Although this is currently exploratory in nature Enviro-Serv will be reviving this subsidiary under the same well branded name, OPI, to better prepare for these ongoing forward looking opportunities."
We ask the investment community to please visit the websites of OceanGrown Inc. www.oceangrown.com and Avenger LLC, www.shop.avengerorganics.com/main.sc to learn more about these ultra-exciting eco-friendly products.
In a consistent effort to update the investment community and to stay transparent on exciting developments with Enviro-Serv, Inc., Trina continued his statements, "I am pleased to announce that I was successful in negotiating a 260 million share block of free trading EVSV shares into a long term debt instrument which SEC rules require a minimum one year hold. This block of stock was still in our float during the time of this past Monday's PR release and literally on Tuesday the very next day got word of the shareholder's acceptance to replace these shares with a long term debt instrument. At this point we have exceeded our promise to reduce our outstanding shares by 1 Billion shares and have successfully reduced our shares by 1.2 Billion in the last 5 weeks."
Trina's remaining comments pertaining to the share reduction were as follows, "As stated previously I strongly realize the importance of keeping dilution to an absolute minimum and strengthening our internal capital structure. We have been able to successfully finance our operations internally and without dilution from the superb growth of our Pestmaster subsidiary. Since our stock issuance high water mark in March 2017 was reached both our outstanding shares and current float have decreased downward approximately 30% making this a hugely successful restructuring campaign."
Enviro-Serv, Inc. (EVSV) Announces Marketing Joint Venture With $18,000,000 Tampa Contractor & Continued Large Share Reduction
TAMPA, FL--(Marketwired - May 15, 2017) - Enviro-Serv, Inc. (OTC PINK: EVSV), the parent and publicly traded vehicle of Enviro-Serv USA Inc. a full service and fully licensed Florida pest control operation, is pleased to announce a joint venture marketing alignment with 23 year old Tampa based Quality Roofing Inc. and its President and founder, Mr. Richard C. Jenkins. Quality Roofing Inc. is a private family owned 3rd generation Tampa, Florida based contractor and a Florida corporation with 130 employees with 2016 revenues of $18,000,000. Additionally the company in its continued efforts to reduce outstanding issued shares have announced a further reduction of four hundred million EVSV common shares in the last week of which 200 million of those shares immediately decreased the current float.
In a consistent effort to update the investment community on exciting developments with Enviro-Serv Inc., Chris Trina, Chairman and CEO stated, "I am extremely honored to announce this exciting joint venture between Enviro-Serv, Inc. and Quality Roofing Inc. Quality Roofing Inc. is a major leading roofing contractor in Tampa Bay doing business not only in Florida but many other states as well. Although their clientele are too many to list some of the local clients of Quality Roofing include, MacDill Air Force Base, Tampa Waterside Marriot, City of Tampa, Camden Properties and the list goes onward. Mr. Jenkins and I met a few years ago and today I consider him and his family some of my dearest and closest friends. Mr. Jenkins is a brilliant and highly respected local businessman who has been there for me as a mentor, business consultant and personal advisor as well as a direct financial investor with Enviro-Serv. In our many personal meetings Mr. Jenkins has made it very clear he would like to deepen his role with us in all facets going forward should it make profitable business sense to do so? Rick is looking to expand his own corporate operations by purchasing more warehouse space here in Tampa and has welcomed our operation to become a tenant in his new space to work more closely together."
Trina's comments pertaining to the share reduction were as follows, "I strongly realize the importance of keeping dilution to an absolute minimum and strengthening our internal capital structure. I promised the investment community a month ago to reduce up to one billion shares of issued and outstanding common stock and proud to say at this time we have accomplished that goal. Our public float has decreased significantly in this share reduction process which makes my other notable promise to the investment community of not reverse splitting EVSV shares an absolute reality."
Trina continued his comments about Quality Roofing by stating, "Mr. Jenkins has built a dynasty and hugely successful company over the course of the last two decades and now Enviro-Serv can directly benefit with their vast current and future clientele. We look forward to the synergies between our two companies and the cross marketing that will make a major impact going forward. This is an enormous opportunity for Enviro-Serv and have strong visions of where this new relationship can blossom with expansion into other residential and commercial services using their well branded name and logo and most importantly financial resources for opportunities and expansion under the Enviro-Serv, Inc. public umbrella for example; QUALITY PRESSURE WASHING AND CLEANING, QUALITY PAINTING AND CONTRACTING, QUALITY POOL MAINTENANCE, QUALITY MOLD REMIDIATION literally the sky is the limit and Mr. Jenkins has the wherewithal and desire to fund this growth when the right opportunity presents itself."
Trina concluded his comments by exclaiming, "This is by far the biggest thing to happen to Enviro-Serv and our shareholders bar none. These are very exciting times that are upon us."
Rick Jenkins had these comments to say, "Chris Trina is a flat out go getter and I've watched him build his company from basically nothing when we first met to quite a successful young and growing company. Chris actually reminds me of me 15-20 years ago when I knew I had a winning formula for success but had to put in countless hours of very hard work to make it all come together. I am watching and advising as Chris and his team put those same tireless hours in to build something special and the fact that Enviro-Serv is publicly traded intrigues me greatly. I trust Chris implicitly as he's about to commence major termite work on my own personal home this spring and would recommend he and his team to anybody we contract with without hesitation. Quality Roofing looks forward in the potential opportunities that lie ahead with Enviro-Serv, Inc. and how we may fit into their puzzle going forward"
About Quality Roofing, Inc.
Founded 1994, Employee staff of 130
Corporate address: 1905 N. 40th Street, Tampa, Fl. 33605
2016 Sales of $18,000,000
Please visit their corporate website at www.qualityroofinginc.net
Enviro-Serv Inc. (EVSV) Announces Record 2016 Revenues and Earnings
TAMPA, FL--(Marketwired - Apr 11, 2017) - Enviro-Serv, Inc. (OTC PINK: EVSV), the parent and publicly traded vehicle of Enviro-Serv USA Inc., a full service and fully licensed Florida pest control operation, is pleased to announce the following updates and comments.
In a consistent effort to update the investment community on exciting developments with Enviro-Serv Inc., Chris Trina, Chairman and CEO of Enviro-Serv Inc., stated, "We are excited to announce to our shareholders and investors that 2016 was a record-breaking financial year. Comparative sales revenues in 2016 vs. 2015 were $193,000 vs. $107,000, an increase of 80%. Gross profits also increased from $89,000 in 2015 to $164,000 in 2016, another increase of 80%. We are very proud of our financial improvement from this past year's hard work and dedication to get us to this point."
Trina went on to say, "Management is pleased to announce this exponential growth. However, we are nowhere near the position we need to be in the short term. The 2016 numbers prove that our investment in 2015 to become a franchisee of Pestmaster Services is certainly paying off, yet we haven't even touched the tip of the iceberg. Pestmaster Franchise Network is now the #1 small business Government Pest control contractor in the United States. From our HQ in Reno to each franchisee in the network, our united effort to work as diligent and skillful as possible has been the driving factor in beating out our competition for these lucrative awards."
Trina ended his comments by stating, "These Government contract sales, along with strong residential and commercial growth, set us up very nicely for the 2nd quarter as we strive to continue to set financial records each quarter going forward in 2017. Quarter 1 2017 financials will be posted by the end of April as we are very eager to continue to announce updates and forthcoming results to the shareholder investment community."
Enviro-Serv, Inc. (EVSV) Announces 1-Year MacDill Air Force Base Private Housing Contract
TAMPA, FL--(Marketwired - Mar 20, 2017) - Enviro-Serv, Inc. (OTC PINK: EVSV), the parent and publicly traded vehicle of Enviro-Serv USA, Inc., a full service and fully licensed Florida pest control operation, is pleased to announce the following updates and comments.
In an effort to update the investment community, Chris Trina, CEO of Enviro-Serv Inc., stated, "After an eagerly awaited 60-days, we are excited to announce that Pestmaster Services of Tampa Bay has secured a minimum one year guaranteed contract worth up to $53,000 with the Michaels Organization, the property management company that services the communities within the Harbor Bay complexes inside MacDill Air Force base here in Tampa. The contract includes a 2-year extended option bringing the total worth to $160,000. The contract commences April 9th. An estimated $23,000 should be earned by the middle of May and more will be earned from there."
Trina went on to say, "This is a private residential contract, not a government contract, thus proving our ability to win large awards from all perspectives. Including the renewal potential of this contract and the Army contract announced two weeks ago, we have a guaranteed one year earnings of nearly $100,000. Additionally, if renewal options are exercised in both contracts in the years going forward, the two contracts' value jumps to about $200,000. As stated numerous times before, and now as things come to fruition, I am very optimistic that our Tampa franchise can and will secure more of this type of contract during the 2017 calendar year and beyond."
Trina ended his comments by stating, "These contract sales, along with strong organic growth, set us up very nicely for the 2nd quarter as we strive to continue to set financial records each quarter going forward. Year end results for 2016 will be announced by the end of March followed by the announcement of Q1 2017 financials by late April. Enviro-Serv greatly appreciates the vital support of our shareholders and we look forward to many more positive announcements."
Enviro-Serv Inc. (EVSV) Announces U.S. Army Pest Control Contract
TAMPA, FL--(Marketwired - Mar 6, 2017) - Enviro-Serv, Inc. ( OTC PINK : EVSV ), the parent and publicly traded vehicle of Enviro-Serv USA Inc., a full service and fully licensed Florida pest control operation, is pleased to announce the following updates and comments.
In the effort to update the investment community, Chris Trina, CEO of Enviro-Serv Inc., stated, "We are excited to announce the award of an unforeseen one-year U.S. Army Corps of Engineers pest management contract which has already commenced with the first year contract value of $35,000 of which $22,000 will be earned over the next 60 days. Although the full details of this contract will not be provided to the public we can state it is a local Tampa Bay-based contract that has commenced last week and has a 6-month option for renewal for an additional $17,000. We would expect the first tranche of this contract to be paid sometime around the end of March."
Trina went on to say, "This was a GSA earned award that very few pest control companies in the U.S. have the ability to bid on. If all goes as planned this contract will have a value of over $50,000 the next 18 months. We are unique here at Pestmaster Services in finding and securing these types of contracts, and remain optimistic with our Tampa franchise in securing more of these contracts during the 2017 calendar year and beyond."
Trina ended his comments by stating, "We are also proud to announce we had a record sales month in February and now with this new contract are assured of a record first quarter which will be announced by the end of March in a timely manner. I feel the market is starting to recognize our operational success this year thus far and it's reflecting in our stock price. As always we greatly appreciate the awesome support of our shareholders and look forward to many more positive forthcoming announcements."