Enviro-Serv, Inc. CEO Update to Shareholders
TAMPA, FL / ACCESSWIRE / October 14, 2015 / Enviro-Serv, Inc. (EVSV), which targets highly profitable small service companies in the commercial and residential property maintenance industry, is pleased to announce its quarterly CEO update shareholder letter.
Dear shareholders,
This year has been a milestone year to say the least and we continue to grow as a company and organization through our Pestmaster Tampa subsidiary. In the coming weeks we will be finalizing our financials with the planned submission and filing on to OTCMarkets.com by Nov. 15th.
We are happy to state that through Pestmaster Tampa our wholly owned subsidiary we earned an additional $33,000 in revenue for both recurring and non-recurring government contract work for the third quarter, which closed out Q3 with record revenues & gross profits. Based on these strong cash flows and streamlined operations we have not needed any additional capital from the current Reg-A offering nor have we issued any additional stock in more than a month. We have been monitoring dilution extremely close and will only seek additional outside capital if it is needed for direct investment or marketing costs beyond our current ability to generate
positive cash flow.
We project that Enviro-Serv is close to self-funding operations and will only take 2-3 government or larger commercial contracts to achieve this. As we announced last month we have renewed the optional 2nd year of our 5-year renewable James Haley annex contract for bed bugs. This also included a stellar CPARS assessment report from the contracting officer. To this end we will be meeting with this official to discuss future contracting opportunities within the James Haley network of VA facilities within the next week or so.
In addition to our sales pipeline, we have also been expanding our branding in the Tampa Bay area. This includes upgrading our equipment, uniforms, and beginning a contractual relationship with Valpak, a hugely successful coupon mailer, which delivered tremendous results in our Reno location. We also plan to have at least 3 newer, corporate wrapped trucks by the end of the month.
We have completed corporate training in Tampa two weeks ago with founder Jeff Van Diepen who personally met with a key James Haley VA official and officials from Pinellas County, financiers, investors, and executives in an effort to continue expansion of our services not only to the VA but any/all available government work both locally and federal. Among these, we met with a key representative from MacDill Air force Base as well as the facilities director of The Michaels Organization. This is one of the nation's largest military and student housing property management firms who also handles the housing program at MacDill AFB. Last Friday, October 9th we presented a bid with the Michaels Group to handle all military housing on the base and are currently awaiting their response.
Current operations such as that at the Bay Pines VA complex continue to excel. The bee and wasp removal process was hugely successful and based on our solidified relationships; it has lead to Pestmaster procuring an additional one-month contract last month to handle all emergency pest issues at all 8 CBOC locations within the Tampa area. As for future prospects Reno corporate is attending the National Pest World Convention in
Nashville, which began this week and the Tampa franchise will be at the 2015 TBAC Reverse Trade Show this Friday the 16th networking with over 200
government procurement officials. We are expecting great things to come of both events and will make sure to keep our current and future shareholders abreast of this during the process.
Achieving what we have this year is only the beginning. The Pestmaster Tampa franchise has opened many doors for us as an organization and we see huge opportunity on the horizon. With the guidance of founder Jeff Van Diepen and his talented Reno staff we are confident that we can accomplish many more goals for future projects and further expansion plans.
I personally want to thank our shareholders for sticking with us throughout the year. We are all working tirelessly to build Enviro-Serv into a company that makes shareholders and management proud. I strongly feel that 2015 is our tipping point.
Sincerely,
Chris A. Trina, CEO
About Enviro-Serv, Inc.
Enviro-Serv, Inc. (OTC-PINK: EVSV) is a Tampa based corporation specializing in providing property maintenance services in geographically concentrated warm climate states. Through an aggressive acquisition strategy, the Company is building a portfolio of highly profitable enterprises that offer year round services such as pest control management, lawn and landscaping care, pool maintenance, air conditioning/refrigeration installation and repairs and a host of additional onsite maintenance offerings. Please visit our websites at www.enviro-serv.com and www.pestmaster.com to learn more.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely solely on such statements. The forward-looking statements in this release are made as of the date hereof and Enviro-Serv, Inc. undertakes no obligation to update such statements.
CONTACT:
CHRIS TRINA, CEO
Enviro-Serv, Inc.
813-708-9910
SOURCE: Enviro-Serv, Inc.
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