Business
Enviro-Serv, Inc. Announces Target Acquisition Update and Second Dividend Strategy
Enviro-Serv, Inc. Announces Target Acquisition Update and Second Dividend Strategy.
About this update from Enviro-serv, Inc.
[{"type":"text","content":"\n \n \n Enviro-Serv, Inc. Announces Target Acquisition Update and Second Dividend Strategy\n \n \nEnviro-Serv, Inc. Announces Target Acquisition Update and Second Dividend Strategy\n \n TAMPA, FL--(Marketwired - Aug 20, 2014) - Enviro-Serv, Inc. (http://enviro-serv.com/) (OTC Pink: EVSV) (PINKSHEETS: EVSV), which targets highly profitable small service companies in the commercial and residential property maintenance industry, is pleased to announce an update on its target pest control acquisition and its strategy on a second stock dividend distribution.\n \"Our proposed target acquisition is setting new sales records,\" states EVSV CEO Chris Trina. \"I just received the financials for June and July from the current owner of our undisclosed target company and the numbers were stellar to say the least. They literally are on fire over there and hitting on all cylinders as I suspected all along would happen. This is why we are so aggressively staying the course to make this acquisition a reality by the deadline of Oct. 15th as previously stated.\"\n Trina goes on to state, \"June sales 2014 vs. 2013 were up 53% at $133,000 while July sales 2014 vs. 2013 were up 80% at $184,000 both months setting new record highs in sales volume. Their cash position as of three weeks ago vs. 2013 was up 70% at $160,000. Profits are up over 50% from last year as well. The numbers this company is generating and the price we are acquiring it for makes this an enormously important acquisition to complete. I've stated for months that my focus is 100% on closing this deal and now I am hoping the investing community can better understand my excitement level.\"\n Trina has this to say regarding current and future stock dividends, \"This Friday marks our announced August 22nd record date. Shareholders of record holding EVSV common stock as of the close of market trading this Friday are entitled to a 20% stock dividend payable in preferred \"C\" class shares which are convertible into 100 shares of common stock after a one year restricted hold. I've received numerous emails about this record date so I want to be very clear. If you hold or purchase shares between now and Friday's close those shares are entitled to the dividend. Whatever shares are sold between now and Friday's close won't be entitled.\"\n The BOD is excited to announce with further details to...