TAMPA, Fla., April 24, 2013 /PRNewswire/ -- Enviro-Serv, Inc.
(OTCPK: EVSV) is clarifying its capital structure to current and
prospective investors in response to questions posed over the past
thirty days. The Company currently has 887,084,477 common
shares outstanding of which 800,492,186 (90%) are restricted.
Of the restricted shares, the majority are held by insider long
term holders with no intent on selling the stock at this time or
the foreseeable future.
"We have opened a new page for Enviro-Serv and are working
aggressively to bring value to our shareholders. We are in
the process of working on a revised capital structure that
decreases our outstanding share count and optimizes market
potential. In addition to retiring shares, we are considering
implementing a stock repurchase program as we believe that our
stock is severely undervalued at current market levels.
Management is not and will not sell stock into the market at this
time or the foreseeable future. No stock holder has a more vested
interest than me in creating shareholder value and selling my stock
directly defeats that goal. I am extremely excited about this new
business plan and the most recent announcements made to the public
over the past 30 days and will do everything in our power to
educate shareholders and potential investors on the forward
progress we are making with our new business strategy," stated
Christoph A. Trina, Chairman and CEO
of Enviro-Serv, Inc.
For more information, please visit www.enviro-serv.com.
About Enviro-Serv, Inc.
Enviro-Serv, Inc. (OTCPK: EVSV) is a Tampa based corporation specializing in
providing property maintenance services in geographically
concentrated warm climate states. Through an aggressive
acquisition strategy, the Company is building a portfolio of highly
profitable enterprises that offer year round services such as pest
control management, lawn and landscaping care, pool maintenance,
air conditioning/refrigeration installation and repairs and a host
of additional onsite maintenance offerings.
Forward-Looking Statements - This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to risks and uncertainties that could
cause future results to differ materially from the forward-looking
statements. You should consider these factors in evaluating the
statements herein, and not rely on such statements. The
forward-looking statements in this release are made as of the date
hereof and Enviro-Serv, Inc. undertakes no obligation to update
such statements.
CONTACT:
Enviro-Serv, Inc. – 813-975-7177
SOURCE Enviro-Serv, Inc.
