Replies to post #15988 on Futuris Company (FTRS)

[GALGO]

Ceo needs to lock up some shares, buy back or cancel near 90% of the float and EVXA will fly, is better to have 1 bill tradeable shares that can easily go to .05-.10 than all these nonsense at .0003 or lower. Less shares, more value, JMHO.

[zalban]

The new management is at least taking steps in the right direction to do what is best for us shareholders. Cheney is a smart guy and he will get this thing to pennyland. The next pr is going to tell us alot about the bright future for this company. IMO


EDMOND, OK -- (Marketwire) -- 08/31/11 -- EnviroXtract, Inc. (PINKSHEETS: EVXA) Management announces today that significant changes to the Company's stock structure have recently been implemented that should benefit the Company and its shareholders.

In accordance with its intent to restructure and add value to its stock, Management has filed an Amendment with the Secretary of State of Wyoming reducing its Authorized stock from 100 billion shares to 50 billion shares. It has also either eliminated or significantly reduced the conversion rates on its four open series of Preferred stock. As previously stated, the Company is seeking a voluntary cancellation and reduction of a significant number of shares of its Issued and Outstanding Common stock. To date, the Company has received four billion shares of Common stock to be cancelled. Further reductions in the Company's Issued and Outstanding Common stock are anticipated in the coming months. The Company has no plans to implement a reverse stock split in the near future.

The Company also plans to increase the value of its stock by increasing revenues and profits and continues to evaluate new and existing business opportunities. Updates on further business developments will be forthcoming.

[sidsaldanha]

EVXA - Rite Aid in comparison to Enviroxtract would be the same analogy as 7-Eleven and Boeing. Both get you high except one is in a plane and the other is through a slurpy.

Enviroxtract is not focused on retail distribution as Rite Aid (Margins are different). EVXA are digging for gold and by the sounds of it, they may have partnered with someone who is sitting on a Mother Load.

Gold is not the only area where the Enviroxtract technology can be utilized. I recollect a PR stating Desalinization and another PR's stating that Athabasca may need help in extracting bitumen from the sand in one of the largest oil finds since Saudi Arabia.

Do I believe? Yes I do and if all this technology was commercially established, EVXA would already be $5.00/Share. Years of research. Millions of dollars. Patent applications. Mergers. New Management. Breakthrough technology and a CEO that will get this company on the right footing.

GO EVXA!!!!