Key Points From Recent PRs.
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From PR dated December 12, 2019:
- A hugely successful prominent local businessman and hemp farmer - Jim Reitzner - has injected capital resources both privately and publicly.
- Investment amounts to an estimated 20% ownership stake in the company.
- This funding allows $EVSV - should it be warranted - to commence its previously announced corporate stock buyback program.
- Funding also allows $EVSV to fulfill its soon to be released announcement of its 2020 hemp goals and initiatives.
- Jim Reitzner has invested in $EVSV after viewing the successfully processed and stored 7000 lbs of hemp biomass.
- Mr Reitzner and his group farmed 1.3 acres of hemp last year and did an incredible job with their yield.
- All parties involved agree that partnering in the 2020 grow season and beyond is a great business plan.
- Mr Reitzner has extensive experience in real estate acquisition, management and development. He and his team built the largest manufactured housing community portfolio over a four-state area in and around Wisconsin.
- Mr Reitzner has vast experience in managing a publicly traded entity successfully for 24 years that was also in the top 5 ranking in its space.
- He also spearheaded a team that established a company which in 2017 was acquired by a multi-billion-dollar private investment firm based in San Diego.
- Semi-retired, he has already spent many hours with with the $EVSV CEO planning and strategizing for the 2020 hemp & processing initiatives and beyond.
- Mr Reitzner is a brilliant businessman and strategist with valuable contacts that reach nationwide and has experience in building, managing and growing a multi-state corporation and the ability in helping find interested partners and ultimately assist our company with potential mergers, sales and acquisitions.
- $EVSV CEO stated: “I will rely heavily on the knowledge and leadership of Mr Reitzner to help guide this company in becoming a multi-million dollar cannabis company and intend to utilize all of his resources in helping to create significant shareholder value along the way.
- Mr Reitzner stated: “I believe strongly that Enviro-Serv has the management skills, the platform and the vision to excel in the hemp/cannabis space. With proper capital allocation and our collective involvement, we will be a major force in the National cannabis scene. I look forward to working closely with Mr Trina in building a management team that will catapult Enviro-Serv and maximize shareholder value.”
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From PR dated November 20, 2019:
$EVSV has:
- Successfully grown, harvested, dried and shucked, and securely stored its entire hemp crop located in Beaver Dam, Wisconsin.
- Achieved the necessary “Fit for Commerce” certificates from the Wisconsin Dept of Agriculture which allows the legal handling, transporting and selling of the hemp biomass which had to pass rigorous and meticulous state field testing for legal THC levels.
- Executed in just 7 months the business plan devised in May 2019.
- Brought 13,000 seedlings - consisting of 4 top feminine hemp strains - full circle to an estimated 7,000 lbs of high quality processed and shucked flower available for sale for the first time this year on a mass scale.
- Been in close contact with 3 high quality processing partners - 2 located in Wisconsin and the other in Michigan - to assist us with whichever direction it decides to move forward with on the processing front.
- Completed the "heavy lifting" part of the process.
Will now begin monetizing the crop.
Need to closely monitor supply / demand and overall pricing fluctuations which are changing literally daily.
Have successfully sold limited amounts of trimmed flower for $170 - $220 per lb to local CBD stores and wholesalers which is highly encouraging.
Have obtained quotes on hemp benchmarks exchange showing full spectrum distillate assessed prices at $2,831 per kilo as of October 2019 - with prices decreasing during this harvest time frame.
October Hemp benchmarks exchange is also quoting smokable flower assessed prices at around $319 per lb - also decreasing during the harvest time frame.
Putting all of these pricing quotes into conservative perspective with prices at their weakest points of the season, currently the stored hemp carries a value today of an estimated $450,000 - $1,000,000 according to current and forecast hemp benchmarks.
Strategy is to monitor very closely the oil and flower markets and not be rushed to sell at current low prices. Experts representing their processing partnerships all believe the supply will significantly diminish over the next 60 to 90 days - and demand will continue to increase - making the overall ROI percentage very high by the end of year and certainly within Q1 2020.
As it stands today, already experiencing very high ROI %s in the flower and whole plant sales - generated yields over 500% of the per plant investment cost.
Intend to continue with full disclosure and transparency with regular public updates.
Also the company has potentially major breaking news developing right now - watch for announcements when legally allowed [followed through - PR December 12, 2019].
Website: gofarmhempevsv.com
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