EVSV - Enviro-Serv Announces Anticipated Rapid Revenue Growth From New Services And Acquisitions
October 02 2018 - 8:35AM
InvestorsHub NewsWire
Tampa, FL -- October 2, 2018 -- InvestorsHub
NewsWire -- Enviro-Serv Inc. (USOTC:
EVSV) today released an online management presentation
available on demand from the company’s new corporate website.
The presentation provides an overview of the company’s rapid
expansion plan and includes details of milestones already achieved
and pending. The company recently announced diversifying its
current services into new offerings in order to win a larger share
of the approximate $45 billion in contracts awarded
annually under U.S. Government General Services Administration
(GSA) contracts. The presentation narrative is included its
entirety below and the graphic presentation is available on the
company’s new website, www. GSASvcs.com.
Rapid Expansion Strategy To Increase Share Of
$45 Billion In U.S. Government
Contracts
Enviro-Serv Inc. (USOTC: EVSV) (“EVSV”)
has embarked upon a rapid expansion strategy to win a larger share
of the approximate $45 billion in U.S. Government
contracts awarded annually under General Services
Administration (GSA). There are three basic components of the
strategy: 1. To build on the company’s sound base of experience
providing government services centered around our pest control
expertise; 2. to organically continue adding new service capacity,
and 3. to also add service capacity through the acquisition of
independent service providers as well as using acquisition
opportunities to expand regionally.
The
company is in negotiations to establish a strategic
partnership. Key meetings will be held in Dallas, Texas next
week anticipated to solidify the partnership. The partnership
would bring on board an instrumental asset with extensive GSA
experience and a well-established network. The partnership is
anticipated to accelerate growth even beyond the company’s current
projections.
We
have already begun to win new contracts that are natural extensions
of our core pest control work. We have been working
diligently to expand our concentration of services in and around
our Tampa base of operations. We are prioritizing but not
limiting our regional expansion efforts in the South East United
States.
We
are not limiting our service reach. For example, we are in
negotiations with two telecommunication companies that currently
provide cell phone services under a government
contract.
It
is premature to make financial projections for 2019, but we do
anticipate sales next year to increase by a multiple of our current
revenue, not a fraction.
As
we embark on this strategy we are updating our shareholder
communication strategy. Note that this presentation comes to
you on a new corporate website. This website is a work in
progress. Check back regularly to find updates. One key
update we will be adding is a CEO blog so I can keep you up to date
as our rapid expansion strategy unfolds.
Please visit www.evsvinc.com and www.gsasvcs.com.
Disclaimer/Safe Harbor:
This news release contains forward-looking
statements within the meaning of the Securities Litigation Reform
Act. The statements reflect the Company's current views with
respect to future events that involve risks and uncertainties.
Among others, these risks include the expectation that any of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
CONTACT:
CHRIS TRINA
CEO
Enviro-Serv, Inc.
813-708-9910
Enviro Serv (PK) (USOTC:EVSV)
Historical Stock Chart
From Nov 2024 to Dec 2024
Enviro Serv (PK) (USOTC:EVSV)
Historical Stock Chart
From Dec 2023 to Dec 2024