Enviro-Serv Inc (EVSV)

[sinbad123]

The lawsiuts are old news and in the big picture not that significant an amount. The plaintiffs initiated proceedings to protect their interests of course. But I believe there has not been any movement forward to tie up the company in expensive legal proceedings as I'm sure in discussions these people have a clearer picture of what is coming and it is in their interest to hold off. The legal moves were needed to avoid statue of limitations deadlines possibly. Bottom line is that I consider it a positive that the CEO picked up 1mm+ shares within the last few weeks. It is a good sign, hopefully the preliminary financials out in next few weeks show some profits but I still expect the juicier numbers with the second Q. This is an investment not a flip situation. Feeling much better with the stock purchase by CEO.