Enviro-Serv Inc (OTCMKTS:EVSV) Trying To Reach For The $0.001 Per Share Mark
[[tagnumber 0]][[tagnumber 1]]Enviro–Serv Inc (OTCMKTS:EVSV) started this year rather slow and the ticker was bouncing back and for between $0.0001 and $0.0003 per share throughout the better part of the first half of 2015, sitting at rock bottom, rarely recording any decent daily volumes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As May came, however, we saw the ticker go for a hike up the charts that led it out of triple–zero land. The daily volumes also increased significantly. The main reason for the positive movement of the stock was a franchise agreement with Pestmaster Services which seemed to overshadow the terrible financial situation within [[tagnumber 6]]EVSV[[tagnumber 7]].[[tagnumber 6]][[tagnumber 9]][[tagnumber 7]][[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 14]] [[tagnumber 15]]cash: $1,400[[tagnumber 16]] [[tagnumber 15]]total assets: $1,396,884[[tagnumber 16]] [[tagnumber 15]]current liabilities: $1,145,566[[tagnumber 16]] [[tagnumber 15]]revenues: $10,263[[tagnumber 16]] [[tagnumber 15]]net loss: $35,775[[tagnumber 16]] [[tagnumber 25]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, despite these figures the company stock has managed to stabilize around the $0.001 per share mark. The latest press release from the company has managed to add 14.29% to the stock’s value in the final session of last week, in which [[tagnumber 6]]EVSV[[tagnumber 7]] closed at $0.0008, recording a daily dollar volume of $151 thousand.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]That, however, doesn’t change the fact that [[tagnumber 6]]EVSV[[tagnumber 7]] is very far from success and remains an illiquid stock, something that immediately makes it a risky investment choice. In any case, be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]