We are excited for our shareholders to be able to acquire an operating business such as Banner which recorded $18.75 million in revenues for its most recently completed year-end on March 31, 2022”, stated John DiBella, CEO of Enviro. “We believe this acquisition is the first step of fulfilling our goal to enhance our shareholders value. I plan to stay involved as an advisor to the Company following the closing of the transaction to work with Banner’s executive team to work to continue to monetize Enviro’s existing water separation technology.”
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