Enviro-Serv, Inc. (OTCMKTS:EVSV), Starts Climb on Fresh Pumps

In the past few days, very cheap breakout stocks are aplenty, and a brand new promotion caused record buying for Enviro-Serv, Inc. (OTCMKTS:EVSV). It’s just too bad that recently the stock slid down dramatically from around 5 cents, as it started on a new and unknown ticker in April. Previously, EVSV was one of the most active pumps on our record, under the name Transfer Technology International, Inc. (TTIN).

Now, EVSV is potentially even more volatile, but this does not bother the pumper, Leading Stock Alerts. The ticker added more than 29% to $0.007.

EVSV is touted as potentially making a super-move, to keep up with the rising trend of the past few days. But this is no wonder, given that EVSV is mentioned in 30 emails in the past few days, with a budget of $109,000. Even that is not enough to hide the fact that as TTIN, the company crashed badly.

Some of the noisiest promoters take part in the EVSV campaign, among them Penny Lane, AwesomeStockPick and others, with an average compensation of $5,000 per email. Added to this is a press release that the company launched a new website, hardly a surprising move, but still one that could generate awareness of the ticker. With a float of 85 million shares, EVSV is potentially active, with volumes reaching 10 million shares easily.

The company is deregistered from the SEC and shares limited information, which only adds to the red flags that make EVSV a very shaky proposition. The latest data are from 2011 and could hardly tell anything about the current state of the company. Even then the filings were modest- a mere $390 cash, but a whooping $1.7 million in debts. Back in 2011, the company had some sales, around $20,000, and a net loss for a quarter of around $150,000.

But in any case, EVSV has shown a potential to drop like a rock, so do not trust the shiny performance of the past few days. Keep in mind the record of such a pumper as Penny Lane, and the disastrous effect on Great China Mania Holdings, Inc. (OTCBB:GMEC). After the pump on April 15th, the ticker went down by 70%. to around a penny. It is best to stay away from underpriced stocks if you cannot afford the sharp corrections.