$EVSV DD / Rolling Brief - Updated March 17, 2019
Post# of 4419
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 and the 92% reduction of the A/S to 3,950K shares .
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 March 14, 2019 , they now control 57% of the cheapest shares "as near to .4000 / .0002 as makes no difference" [or 66% using the DTC figure - the float is probably even less] 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 66% if the .6000 / .0003 cost basis shares are included [or 70% using the DTC figure].
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.
Noticeably in the last 15 days, those attempting manipulation by walking down an artificially low fake "ask" in the .4000 to .5500 range are starting to have some of their shares taken as only insignificant paint downs are filling bids - as recorded contemporaneously on the main board elsewhere.
The TA last updated the Share Structure at the Verified Company Profile on March 13, 2019:
Authorized: 3,950,000 [no change after 92% reduction from 4,950,000,000]
Outstanding: 1,905,616 [no change]
Restricted: 106,420 [no change]
Unrestricted: 1,799,196 [no change]
Held at DTC: 1,711,605 [no change]
Expect to see the next update between March 20 and March 31, 2019.
Share Structure Analysis:
No dilution confirmed again.
A/S reduced by 92% after successful r/s - most stocks do not reduce A/S - from 4,950,000,000 to only 3,950,000.
This confirms the intent to use the r/s to raise the pps rather than to dilute.
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.
O/S significantly reduced again by February 22, 2019 to 1,905,716.
Recent Updates in 2019:
Update - January 15 confirming the reasons for the restructuring and updates ahead – see # 548 (sticky).
Update - 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
Update - 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 - 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
Update - February 19: "There has been much to say about the Hemp progress but don’t sit on our pest control division nor forget that it’s thriving big time with $29,000 in non recurring sales booked the next 2 weeks alone. Termites hitting Tampa early this season so that means big $$$!!!!"
https://twitter.com/EnviroServInc/status/1097845285475241984
Update - February 22: "EVSV boots on the ground I am leaving for Rochester MN Sat night for hemp expo Sun- Tue and Wisconsin thereafter as the pieces to the puzzle cannot fit any better. A/S is showing at DE. As 3,950,000 will post pics of that amendment [already done - see earlier post] otc will be updated too. Warp speed ahead"
https://twitter.com/EnviroServInc/status/1098935751625097216
Update - February 22: "As promised minutes ago via Twitter. EVSV authorized shares are 3,950,000 and it’s of high importance to keep float way down we have a game plan going forward look for news. Volume is very low great sign bottom reached IMHO."
https://twitter.com/EnviroServInc/status/1098943692428201984
Update - February 25: "Day #1 in the books US Hemp expo in Rochester MN -2 more days of meeting the remaining pieces to the puzzle. EVSV will be a known name very soon within the Hemp arena"
https://twitter.com/EnviroServInc/status/1099861866652815361
Update - February 26: "Day 3 in the books what a Phenom Hemp conference now off to Wisconsin 4 hour drive Wednesday for the pinnacle of this awesome biz trip. Boots on the ground making waves. GOFARMHEMP"
https://twitter.com/EnviroServInc/status/1100572267925422080
Update - February 27: "The great state of Wisconsin currently known for Dairy and normal Ag crops will be known as the HEMP state in fairly short order mark my words. GOFARMHEMPLets grow together."
https://twitter.com/EnviroServInc/status/1100744570814509056
CEO comment - March 4 (regarding my control of cheapest shares analysis):
"This is very insightful and well done. I have actually been telling this to the many investors who email and call me and care to listen. Evsv has nowhere to go but up when this dis-connect comes to a quick &abrupt end soonThank you for solid and truthful support it’s refreshing"
Response to shareholder - March 4: "Let’s just say I accomplished 1 month of work in 5 days in Mn and Wis and your support and patience will be well rewarded in the very near term"
https://twitter.com/EnviroServInc/status/1103316921905307653
Update - March 8: "EVSV investors, we are sharing really great updates and news next week from our recent trips"
https://twitter.com/EnviroServInc/status/1104042380188102657
Update - March 11: "EVSV investors, this is major news for the state of Florida - "Go Farm Hemp - Let's Grow Together""
https://news.wjct.org/post/bill-regulating-he...ld-be-next …"
https://twitter.com/EnviroServInc/status/1105080506939568129
Update - March 11: "This is the news we needed to move forward with Santana farms and IFAS in Homestead state of Florida going to be a major player in Hemp no doubt about it"
https://news.wfsu.org/post/famu-moves-forward...tion-nears
https://twitter.com/EnviroServInc/status/1105084466937188357
Update - March 11: "EVSV investors our stated “Float” is actually less then what’s being shown working on showing the new reduced amount stay tuned."
https://twitter.com/EnviroServInc/status/1105122110995873792
Update - March 12: "EVSV INVESTORS PLEASE SEE ATTACHED DOCUMENTS -
GO FARM HEMP- LETS GROW TOGETHER"
Click link for photo of documents .
https://twitter.com/EnviroServInc/status/1105455843858882560
News - March 12. Enviro-Serv, Inc. Announces Immediate Formal Plans to Cultivate Hemp in Wisconsin in 2019 and Projects Up to 1 Million Dollars of Newly Added Revenue by EOY 2019.
https://www.globenewswire.com/news-release/20...-2019.html
Update - March 13: "EVSV considering their options and consulting with our attorney about corporate stock buy back as stock is considered very undervalued in our opinion currently and we have funding in place."
https://twitter.com/EnviroServInc/status/1105840188935286785
Summary of Progress of Diversification Into Hemp Production.
In Wisconsin - first of 4 states which might also include Florida, Michigan & Illinois.
- January 28, 2019: Applied for Industrial Hemp Growers license with the Wisconsin Dept. of Agriculture.
- February 6, 2019: Received Industrial Hemp approval license # 477788 from Dept. of Agriculture (usually takes 8 weeks we were successful in fast tracking the approval).
- February 7, 2019: Successfully raised $100,000 of direct investment capital for the funding of the Wisconsin Hemp Project.
- February 14, 2019: Met In person with prominent Beaver Dam, WI. Businessman and farm land owner Dick Cromheecke to discuss a land lease of his available 29 acres to grow hemp (Mr. Cromheecke’s Dad grew hemp in Beaver Dam in the 1940’s he was very excited to partake).
- February 24-26, 2019: Attended the U.S. Central Hemp Expo in Rochester MN. To find quality seed procurement and consulting partners.
- February 27, 2019: Visited farm land in person and spent time in Beaver Dam meeting with local Farming Co-ops and viewing available warehouse and office space-retained real estate agent.
- March 6, 2019: Signed legal formal land lease with Dick Cromheecke to retain 29 farm-able acres for the purpose of Hemp cultivation in Beaver Dam Wisconsin pursuant to acceptable upcoming soil testing results.
- March 12, 2019: Enviro-Serv, Inc. announces the hiring of Thomas Conine as Vice President - Midwest Farming Operations.
Enviro-Serv, Inc. (EVSV) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.