$EVSV DD Relevant To Trading Ahead - Updated Novem
Post# of 4419
[important aspects in bold]
BUSINESS
"Enviro-Serv Inc.(EVSV) is a Delaware corporation. The Company is a holding company for subsidiaries generating revenue in full service pest control, environmental government contracting and the cultivation and processing of bio mass hemp and hemp related products."
Source: otcmarkets.com
Current Enterprises Include:
- Hemp Growing at 2 x sites in WI.
- Future Hemp Growing in FL - already approved.
- Joint Venture Partner in Hemp Processing - with Mason Jar Organics in WI.
- Joint Venture Partner in Medical Marijuana Growing - with MI Based Grower.
- Pest Control in FL.
- COVID-19 Sterilization Disinfecting Services in FL.
CURRENT TRADING TIER & STATUS
$EVSV was upgraded to OTC Pink Current on May 9, 2019.
SHARE STRUCTURE
The Verified Company Profile was last updated by the Transfer Agent on October 30, 2020:
No change - no dilution.
Authorized: 50,000,000 [reduced from 4,950,000,000 after r/s]
Outstanding: 7,061,755
Restricted: 2,622,503
Unrestricted: 4,439,252
Held at DTC: 4,391,661
Note 1: It is only the Outstanding Unrestricted Shares count that is relevant to current trading.
Note 2: At only 4.4M - extremely low for a stock in this price range.
Shares Structure Analysis:
A/S reduced significantly to 50,000,000 from 4,950,000,000 since r/s.
O/S reduced significantly from a peak of 4,003,221,101 on March 31, 2017.
PREVIOUS REVERSE SPLIT - JANUARY 15, 2019
A reverse split took place on January 15, 2019.
It was extremely fortunate that there was 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.
Advance notice was given here: https://otce.finra.org/otce/dailyList - insert January 14, 2019 and "EVSV".
FILINGS
The 2019 Annual Report was filed on May 6, 2020.
Key Extracts are here: https://investorshangout.com/post/view?id=5762899
The 2020 Q1 Report was filed on June 7. With the revenue from the 2019 hemp crop not due to reflect until 2020 Q3, there were as expected no significant changes to the Key Points listed above from the Annual Report.
The 2020 Q2 Report was filed on August 17, 2020.
Key extracts are here: https://investorshangout.com/post/view?id=5864811
NEWS / UPDATES RELEVANT TO FUTURE TRADING
[a complete record of all past PRs / updates is maintained on the main board here on Investors Hangout]
News - February 5. Enviro-Serv, Inc. (EVSV) Announces Commencing of Corporate Stock Buyback Program and Fourth Straight Year of Record Pest Control Division Revenues.
https://www.otcmarkets.com/stock/EVSV/news/En...?id=253103
News - March 4. Enviro-Serv, Inc. Announces Major Direct Investment Into Locally Based Hemp Processing Facility and Proceeds to Commence Distillate Oil Production.
https://www.otcmarkets.com/stock/EVSV/news/En...?id=255645
News - April 20: Enviro-Serv Enters into Joint Venture Partnership to Commence Michigan Based Medicinal Marijuana Grow.
https://www.otcmarkets.com/stock/EVSV/news/En...?id=259588
News - May 13. Enviro-Serv, Inc. (EVSV) Announces Launching COVID-19 Sterilization Disinfecting Services Offered Under Its Pest Control Division Enviroserv Pest Management Services.
https://www.otcmarkets.com/stock/EVSV/news/st...id=1601649
News - May 27. Enviro-Serv Announces Florida Hemp License Issuance and Wisconsin and Florida Hemp Planting Initiatives Update.
https://www.otcmarkets.com/stock/EVSV/news/st...id=1611816
News - June 9. Enviro-Serv, Inc. Announces Additional Joint Venture Investment of $150,000 Into Processing Partnership Mason Jar Farms for Continued Vertical Integration Implementation.
https://www.otcmarkets.com/stock/EVSV/news/En...?id=264202
Update - July 21 - 29th hemp progress video: "Good morning $evsv investors we are farming away here in Wisconsin and blessed with ideal weather lately. Both farms look amazing and we are excited to announce some really cool things over the short term. Hemp excitement still very strong just a little slowed by Pandemic."
https://twitter.com/EnviroServInc/status/1285557234353803264
Update - August 20: "EVSV INVESTORS WE HAVE 6.5 foot plants at Beaver Dam farm this is a visiting investor who’s 5’11. Wow. The plants were just seeds on June 9th look at them grow!!! Stocks have been known to shoot up too. Just saying. GOEVSV"
https://twitter.com/EnviroServInc/status/1296440368431595522
Update - September 24 - 31st hemp progress video: "$EVSV investing community we’ve been quiet while we get ready for our 2020 hemp harvest. We have great things happening in Wisconsin and Tampa —investors please stay tuned as we announce harvesting and processing updates shortly. VERY EXCITING TIMES"
https://twitter.com/EnviroServInc/status/1309124198376366086
TRADING 2017 TO DATE
$EVSV has proved to be a repeat winner since 2017 for the traders of it who maintain a large inventory of shares at a variety of price points to trade throughout each current year and future years.
In 2019, $EVSV closed out yet another successful year as #6 Top Profit Earner on my Watch List - with $multiple 5-figures in banked profits for those that followed and traded continuously for the whole year. This was particularly the case for those that took advantage of the day's warning given of the r/s and followed my proven strategy for trading successfully through one - hold all shares - load bottom prices available before the r/s - trade aggressively from the bottom up on all surges including buying the ask - reload during quiet periods between surges.
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, 2019 and were able to trade them if they wished on subsequent runs and then reload at the same price or lower since.
For the 3rd year running 2017 > 2019, banked profits on $EVSV were roughly the same bringing a total of $6-figures within reach when anticipated 2020 profits are realized.
$EVSV remains a Top 10 Pick for potential profits in 2020/2021 - primarily due to the thin share structure and who got what where.
In recent months, $EVSV has also offered opportunities to add shares in the .0900 to .4000 ask range during periods when the impatient / scammers try walking down asks to artificially low levels - as recorded contemporaneously on the main board here.
In recent days, $EVSV has started to come off the bottom in the .0900 visible bid x .1150 ask range - as former new interest bidders buy the ask.
All the above will have made $EVSV much thinner to the upside as - prior to the successful reverse split - there had 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 main repeat traders of $EVSV are therefore now in a position to make the availability of shares scarce on the way to the $0.5 > $2 range.
For instance, on December 17,2019, 114K shares bought on the ask in quick succession moved the pps of the few shares being offered from .2400 to .4980 in a few minutes.
This buying interest over the past 21 months - whilst the hemp division has been established and grown from 1 farm site in 2019 to 2 farm sites in 2020 - has been mainly in the .1000 > .5000 range - and mostly by the core of long-term traders + the recent new interest over the past 5 months who know that the 2019 hemp crop revenues will be in the 2020 Q4 Report and expect a price move into the $0.5 > $2 range at some point in the future as additional hemp growing farms come on line.
It is now also known that the 2020 hemp crop - twice the size of the 2019 crop - will be harvested from October onwards - with probable monetization in 2020 Q4 as well.
TRADER AWARENESS
The main board for monitoring developments and trading activity on $EVSV is here at Investors Hangout.
All developments and trading alerts are repeated on all the OTC market top trader forums including the Whale Teams on Telegram and Slack.
To date, 240 x social media analysts / pickers / alerters / top traders with a significant following have had $EVSV on the radar in 2019 and 2020 ready for a future move into the $0.5 > $2 range.
The 31 x hemp progress videos posted so far continue to get an ever increasing number of views.
The 31st hemp progress update video came out on September 24 and has been viewed by 484 people so far.
This long-term sustained and recent increased interest is due to:
- Prioritization on watch lists by those who are waiting for $EVSV to start its anticipated, dramatic, thin move towards the $0.5 > $2 range at some point in 2020.
- Good communication from the CEO with regular video updates showing the progress made in getting the WI hemp production operation up and running, the satisfactory harvest of the first crop, start of the monetization in 2020 Q4, completion of planting of the 2020 hemp crop at 2 sites in WI (x 2 compared to 2019) and expansion to additional sites in multiple states.
- The joint venture to grow medical marijuana in MI.
- The already known 3rd hemp farm in FL.
- The Pest Control Division known to be bidding on COVID-19 sterilization contracts.
- Continued update of share structure in a timely manner monthly - with a thin Unrestricted O/S count of only 4.4M.
CATALYSTS / UPDATES AHEAD
Watch out for updates ahead on:
- Completion of the processing of the 2019 hemp crop.
- Sales of the first hemp distillate from the 2019 crop by 2020 Q4.
- Harvesting of the 2020 hemp crop at 2 sites in WI.
- The hemp expansion in FL.
- Increased revenue for the Pest Control Division for COVID-19 sterilization of facilities.
- Additional new items alluded to in the July 21, 2020 update.
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.