EVSV Rolling Brief - Updated February 18, 2019 [updates in bold]
The top traders in the OTC - who trade $EVSV continuously and also know how to trade successfully through a reverse split - grabbed the bottom price shares - .0002/.0003 then & .4000/.6000 now - on January 14 before the successful r/s and have added more since.
It was extremely fortunate that the CEO gave traders a full trading day's notice to add the .0002s and .0003s - very often that doesn't happen - and those that saw the opportunity bought from those who decided to sell from the one-tick flip log jam area at .0008 and above.
Since then, we have already had the large O/S reduction to 1,799K shares with more reductions ahead.
Even if traders failed to add at the bottom available levels on January 14, there has been plenty of opportunity since - and savvy traders have been doing just that.
As at the close on February 15, 2019, they now control 44% of the cheapest shares "as near to .4000 / .0002 as makes no difference" having bought from those that panicked or were duped by nonsense on amateur forums and who sold from .0007 entry and above.
That figure rises to 51% if the .6000 / .0003 cost basis shares are included.
That will have made EVSV much thinner to the upside as there had previously been a one tick flip block at .0008 then / 1.6000 now - especially since the "now relatively expensive" shares were reduced in number by 1:2000.
The TA last updated the Share Structure at the Verified Company Profile on February 4, 2019:
Authorized: 4,950,000,000 [no change]
Outstanding: 1,873,616 [significantly reduced from 2,825,399,435 in 2018]
Restricted: 74,420
Unrestricted: 1,799,196
Held at DTC: 1,711,605 [figure previously not available]
Further reductions are already known to be in the works - The TA has confirmed that these have already been passed to otcmarkets.com as of February 8, 2019.
Share Structure Analysis:
No dilution.
O/S prior to reverse split unchanged since it was reduced significantly on June 30, 2017 from a peak of 4,003,221,101 on March 31, 2017.
Recent Updates in 2019:
Update from the CEO on January 15 confirming the reasons for the restructuring and updates ahead – see # 548 (sticky).
Further update from the CEO on January 16 as follows:
"I just returned from Michigan with amazing synergies and opportunity with both hemp and medical marijuana experts who want in on Enviro- Serv -some pics from 1 legal grow I visited Monday - Today Santana meets with IFAS again. Enviro being pro active and soldiering forward"
https://twitter.com/EnviroServInc/status/1085541270985019392
Further update from the CEO on January 29 on progress of diversification into hemp + plans for share reductions:
"This past weekend had both David Santana and Dr Roth at the hemp expo in Denver note the Enviro-Serv badge &making great strides in Michigan and Wisconsin on our hemp initiatives. Also revising authorized share amount down to reflect the new capital structure of EVSV. Farm Hemp"
https://twitter.com/EnviroServInc/status/1090241468550311936
The CEO has obviously spotted the activities of those attempting to defame both the company and himself personally - it wouldn't surprise me if the Company Attorney isn't already looking into the culprits. He made the following comment to another shareholder:
"Let the sheep follow at $1-$2 and beyond it’s the same story all the time. Look at evsv chart over the last 2 years very compelling buy signals here just on technical but add certain things and I think there’s a huge disconnect here. Time will tell soon enough - FARM HEMP EVSV"
Update from February 5 : "EVSV investors February filled with nothing but great news most exciting month coming up in corporate history stay tuned. Your patience is appreciated and should be extremely well rewarded and charts don’t lie."
https://twitter.com/EnviroServInc/status/1092769549223628800
News - February 7. Enviro-Serv, Inc. Announces Plans to Farm Hemp in Wisconsin in 2019 and Attendance at Upcoming Midwest Central US Hemp Expo in Rochester, MN.
https://finance.yahoo.com/news/enviro-serv-in...00317.html
Update - February 12: "To all investing public today marks the 20th trading of old symbol EVSVD now back to EVSV permanently and market makers coming into new symbol as we tweet. Looking forward to phenomenal February milestones. Thank you for your support.
https://twitter.com/EnviroServInc/status/1095335987587080201
The top traders in the OTC - who trade $EVSV continuously and also know how to trade successfully through a reverse split - grabbed the bottom price shares - .0002/.0003 then & .4000/.6000 now - on January 14 before the successful r/s and have added more since.
It was extremely fortunate that the CEO gave traders a full trading day's notice to add the .0002s and .0003s - very often that doesn't happen - and those that saw the opportunity bought from those who decided to sell from the one-tick flip log jam area at .0008 and above.
Since then, we have already had the large O/S reduction to 1,799K shares with more reductions ahead.
Even if traders failed to add at the bottom available levels on January 14, there has been plenty of opportunity since - and savvy traders have been doing just that.
As at the close on February 15, 2019, they now control 44% of the cheapest shares "as near to .4000 / .0002 as makes no difference" having bought from those that panicked or were duped by nonsense on amateur forums and who sold from .0007 entry and above.
That figure rises to 51% if the .6000 / .0003 cost basis shares are included.
That will have made EVSV much thinner to the upside as there had previously been a one tick flip block at .0008 then / 1.6000 now - especially since the "now relatively expensive" shares were reduced in number by 1:2000.
The TA last updated the Share Structure at the Verified Company Profile on February 4, 2019:
Authorized: 4,950,000,000 [no change]
Outstanding: 1,873,616 [significantly reduced from 2,825,399,435 in 2018]
Restricted: 74,420
Unrestricted: 1,799,196
Held at DTC: 1,711,605 [figure previously not available]
Further reductions are already known to be in the works - The TA has confirmed that these have already been passed to otcmarkets.com as of February 8, 2019.
Share Structure Analysis:
No dilution.
O/S prior to reverse split unchanged since it was reduced significantly on June 30, 2017 from a peak of 4,003,221,101 on March 31, 2017.
Recent Updates in 2019:
Update from the CEO on January 15 confirming the reasons for the restructuring and updates ahead – see # 548 (sticky).
Further update from the CEO on January 16 as follows:
"I just returned from Michigan with amazing synergies and opportunity with both hemp and medical marijuana experts who want in on Enviro- Serv -some pics from 1 legal grow I visited Monday - Today Santana meets with IFAS again. Enviro being pro active and soldiering forward"
https://twitter.com/EnviroServInc/status/1085541270985019392
Further update from the CEO on January 29 on progress of diversification into hemp + plans for share reductions:
"This past weekend had both David Santana and Dr Roth at the hemp expo in Denver note the Enviro-Serv badge &making great strides in Michigan and Wisconsin on our hemp initiatives. Also revising authorized share amount down to reflect the new capital structure of EVSV. Farm Hemp"
https://twitter.com/EnviroServInc/status/1090241468550311936
The CEO has obviously spotted the activities of those attempting to defame both the company and himself personally - it wouldn't surprise me if the Company Attorney isn't already looking into the culprits. He made the following comment to another shareholder:
"Let the sheep follow at $1-$2 and beyond it’s the same story all the time. Look at evsv chart over the last 2 years very compelling buy signals here just on technical but add certain things and I think there’s a huge disconnect here. Time will tell soon enough - FARM HEMP EVSV"
Update from February 5 : "EVSV investors February filled with nothing but great news most exciting month coming up in corporate history stay tuned. Your patience is appreciated and should be extremely well rewarded and charts don’t lie."
https://twitter.com/EnviroServInc/status/1092769549223628800
News - February 7. Enviro-Serv, Inc. Announces Plans to Farm Hemp in Wisconsin in 2019 and Attendance at Upcoming Midwest Central US Hemp Expo in Rochester, MN.
https://finance.yahoo.com/news/enviro-serv-in...00317.html
Update - February 12: "To all investing public today marks the 20th trading of old symbol EVSVD now back to EVSV permanently and market makers coming into new symbol as we tweet. Looking forward to phenomenal February milestones. Thank you for your support.
https://twitter.com/EnviroServInc/status/1095335987587080201
Enviro-Serv, Inc. (EVSV) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
