Enviro-Serv, Inc. Announces FINRA corporate action for share restructuring
Tampa, FL – January 15th – Enviro-Serv Inc. (USOTC: EVSV) (“EVSV”) today announced effective immediately the common and preferred stock trading on the pink sheet market will be reversed split 2000:1 and begin trading under the symbol EVSVD per a FINRA corporate action disclosed Monday January 14th, 2019. For every shareholder of EVSV that owned 2000 shares of common stock pre-split will now own 1 EVSV share post-split under the terms of this restructuring filed with FINRA.
Chris Trina, Chairman and CEO states this about the restructuring to the investment community, “It was not a difficult decision to effectuate this corporate action due to the enormous benefits it will ultimately bring to the company and our shareholders alike. These benefits will commence immediately. The Board of Directors and through a majority shareholder vote believe that this split is absolutely 100% in the best interest of all shareholders or we wouldn’t have gone forward with it. Myself and all insiders also will go through this restructuring along with the investing public and as the largest shareholder I can tell you that this drop in stock valuation will come to pass very quickly as the smoke clears from panic day trading selling and that I am not the least bit concerned that the newly traded EVSVD will be on more radar screens than ever before. This action simply makes strong business sense especially over the intermediate to long term and when the smoke clears the sophisticated long term investor will thank the company.”
Trina went on to state, “Yesterday was a tough day for sure to see the stock decline so much in value after moving off the summer time lows of 2018 but ultimately my job as CEO is to continue to create shareholder value and put the company in the best position possible to grow and become a major player at all levels in the areas we are in or entering into. The market for sub penny stocks has changed dramatically over the course of the last couple of years making it nearly impossible for investors to deposit stock certificates and for brokerages to even buy stocks at the sub penny level. It is impossible to gain analyst coverage and it is very difficult raising needed funding capital to execute our 2019 business plan and Hemp initiative.
I am excited about the new investors and Joint Venture partners that now will come onboard due to the new pricing for the much needed capital to continue to aggressively launch our Hemp initiatives of which much positive news is to follow in the short term on all fronts.
Trina ended his statements by saying this, “ It is our sole objective in this restructuring to add Viability, Visibility and Credibility to EVSV stock and our company itself and the all the benefits that come with no longer being a sub micro penny stock will over time have the true long term investor come to appreciate this action. I ask our shareholder’s to trust the process and to realize the future benefits will soon be realized from this restructuring process. Thank you for your support and please look for many uplifting and positive updates coming from Enviro-Serv, Inc. in the very near term.”
Enviro-Serv, Inc. previously announced launch of a major HEMP initiative is ahead of schedule and the year-end financials which will be posted in March 2019 are again record setting numbers.
Please visit www.evsvinc.com.
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
CONTACT:
CHRIS TRINA
CEO Enviro-Serv, Inc.
813-708-9910
News 
Market Data 
Discover 
