In this article, we’ll talk about another gem hidden in the OTC market that has been on the move lately. Enviro-Serv Inc. (OTCMKTS:EVSV).
Enviro-Serv Inc. is a Delaware corporation that focuses on investing in subsidiaries that generate income. EVSV focuses mainly on the pest control industry, environmental government contracting, and the hemp industry. When it comes to the current share price of EVSV and where it could go, we have numerous reasons why we believe it will see a significant rise. At the moment, Enviro-Serv Inc. has two hemp-growing locations in Wisconsin. EVSV is also currently working on adding Florida to its hemp-growing locations.
Business Ventures & Share Structure
Enviro-Serv Inc. has multiple joint ventures, one of which is on hemp-processing with Mason Jar Organics, which is located in Wisconsin. The second joint venture focuses primarily on growing medical marijuana and is located in Michigan. Many investors are expecting an upcoming press release from the company soon, which could likely drive the value per share up with this exciting news. Among the upcoming news is what EVSV confirmed to be 2 additional revenue producing ventures in Michigan.
At the moment, Enviro-Serv Inc. or EVSV has a Pink Current status and a verified profile on the OTC market and is trading at $0.145 per share. The 52-week range is between $0.0411 to $0.238. With volume beginning to pick up and more eyes gravitating towards this stock, we believe that this company will have an uptrend rise. Updated after June 30th, 2021, the market cap for EVSV is approximately $1.8 million with 50,000,000 authorized shares and 3,000,000 R/S. The solid share structure and low float of this stock is another reason why we believe in the possible climb.
Upcoming Catalysts for EVSV
Now these are all important catalysts. However, there are a few upcoming catalysts that most EVSV investors are eagerly waiting for. Most crucial of which include:
- Acquisition of an indoor location for Marijuana growth operations
- Details of the planting of the 2021 crops in Wisconsin
- Sales numbers of the crops in Q4
- Hemp operations expansion into new states
- New pest control contracts.
With all of the aforementioned existing catalysts, fantastic share structure, and upcoming catalysts, EVSV could reach new record breaking highs. In terms of revenue, business model growth, exposure, and share price. It’s likely that EVSV could even break it’s 52-week high of $0.2, reaching $0.4 or $0.5. In short, an exhilarating series of events could be coming and we’ll be there covering every bit of it as usual.
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