$EVSV DD Relevant To Trading Ahead - Updated Janua
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 December 31, 2020:
Authorized: 50,000,000 [reduced from 4,950,000,000 after r/s]
Outstanding: 7,865,980
Restricted: 2,722,503
Unrestricted: 5,143,477
Held at DTC: 5,095,886
Note 1: It is only the Outstanding Unrestricted Shares count that is relevant to current trading. At only 5M - this is extremely low for a stock in the .1 > $2 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
The 2020 Q3 Report was filed on November 19, 2020 - there were no surprises with monetization of the 2019 hemp crop already known to be in Q4.
Key Points from the 2020 Q3 Report - including updates on the harvesting of the 2020 hemp crop and monetization - are here:
https://investorshangout.com/post/view?id=5970357
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 $150,000 Into Processing Partnership Mason Jar Farms for Continued Vertical Integration Implementation.
https://www.otcmarkets.com/stock/EVSV/news/En...?id=264202
Update - September 24 - 31st hemp progress video: "$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
News - December 23. Enviro-Serv, Inc. (EVSV) Announces Additional Joint Venture Investment of $92,500 Into Processing Partnership Mason Jar Farms for Continued Vertical Integration Implementation
https://www.otcmarkets.com/stock/EVSV/news/En...?id=284406
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 2021 profits are realized.
$EVSV was the #22 Top Profit earner of 2020 from the Watch List with banked profits of $multiple 4-figures from occasional surges.
Monetization of the 2019 hemp crop was delayed until 2020 Q4 - and of the 2020 hemp crop to 2021 Q1 - due to a backlog of processing capacity at partner Mason Jar Farms from when new equipment being delivered from China was delayed due to COVID-19 restrictions.
Future surges are expected due to loading at bottom level prices in the .1 > .2 range - for .5 > $1+ later - then again on announcement of first sales of the 2019 hemp crop - and then again later on announcement of the first sales of the 2020 crop.
$EVSV remains a Top 10 Pick for potential profits in 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 December, $EVSV started to come off the bottom in the .0900 > .1200 range - of particular note were 100K, 50K and multiple 10K buys on the ask by former bidders - taking whoever put up a loading wall by surprise (he/she then cancelled the balance).
There was of course no year-end tax loss sell-off on the bid as the majority of shares are held by a relatively small number of traders who know how thin $EVSV is to the upside after the successful reverse split.
Prior to it, there had been a one tick flip block at .0008 then / 1.6000 now and the "now relatively expensive" pre-reverse split shares were reduced in number by 1:2000. Very little is held in the .2 > 1.6 cost basis range as it is clear that some impatient traders have sold for a loss over the past 2 years - as shown in the contemporaneous record of trading by price band on the main board here where the total traded exceeds the Unrestricted O/S.
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.
This buying interest over the past 23 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 6 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 with the sale of the 2019 and 2020 hemp crops and also as additional hemp growing farms come on line.
2019 and 2020 HEMP CROP MONETIZATION
The 2020 Q3 Report reconfirmed that the delays in monetization of the 2019 hemp crop were primarily due to having to wait for the delivery of key processing equipment for Mason Jar Organics from China with shipments being severely delayed due to COVID-19 restrictions.
It is now known that the monetization plans for the 2019 and 2020 hemp crops are as follows:
2019 Hemp Crop:
- 60% of the 2019 crop hemp flower/biomass now processed into high quality winterized crude oil.
- Remaining 40% of the 2019 crop will be converted into crude oil at Mason Jar Organics.
- The company does not expect revenues to be generated from the 2019 hemp crop harvest until late 2020 Q4 [no change].
2020 Hemp Crop:
- Beaver Dam, WI: 3,000 CBG plants - of which 25% are auto flower variety.
- Fon du Lac, WI: 8,200 CBD clones.
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.
A number of OTC market top traders have been putting $EVSV on their Watch Lists for followers in recent days - to be 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 511 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 2021.
- 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 harvesting of crops 2 years in a row, the imminent start of monetization 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 5M.
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 imminently
- Sales of the processed 2020 crop in 2021 Q1.
- The hemp expansion in FL.
- 2020 Annual Report.
- Planting of the 2021 crops in WI - and regular video updates thereafter.
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.