Enviro-Serv Inc. Announces Shareholder Update Letter

TAMPA, Fla., May 7, 2013 /PRNewswire/ -- Enviro-Serv  Inc. (OTC Pink: EVSV) Enviro-Serv Inc. (ESI) is pleased to announce its first shareholder update letter from Chairman and CEO Chris Trina.

Dear Enviro-Serv Shareholders,

I'd like to begin by offering a heartfelt thank you to each and every shareholder; past, current and future for your unwavering support of our company and for taking the time to read and digest this important shareholder letter. I will address the following topics as follows that I feel are currently most important to update the public with; corporate makeover and structure, current potential subsidiaries, financial Statements, management structure and corporate goals.

Corporate Makeover and Structure: On April 23^rd we announced the new beginning of Enviro-Serv Inc. Not only did our name change formally that day but our stock began trading under our new symbol EVSV as well. This was a very exciting day for management as it was a long road in getting to this point. As of today we have nearly one thousand stock holders with their stock held at thirty three different broker dealers and banks. We currently have 887,084,477 issued and outstanding shares against a 950,000,000 authorized and a 10% float of 86,592,291. We now have 11 total market makers up from 4 a month ago. In the month of March we traded zero shares and had 225 shareholders. During the month of April our stock has traded a total of 114,000,000 shares with average daily volume in April of 6,333,000. Our stock is clearly on the "radar" and has been readily accepted shown by the data stated above. We intend to retire shares currently issued and positively restructure as well as considering buying back shares if shares remain at what we perceive to be deflated levels given our progress and potential. Our common stock has been extremely volatile since active trading began a few weeks ago which management attributes mainly to very aggressive short selling and day trading flipping. I vow to our shareholders to monitor short selling very closely at all times making best efforts to ensure that any short selling taking place in EVSV stock is done legally and within the scope of all rules and regulations currently in place. Management will not under any circumstances tolerate corporate or personal slander or manipulative tactics that are commonly used in lower priced securities in attempts to drive stock prices down and will deploy any legal actions possible if deemed necessary to do so. It is the goal of management to continue to keep the market place aware of our progress and to continue to broaden our shareholder and market maker base.

Current Subsidiary progress: We have announced three potential subsidiaries, two are under letter of intents, Air Systems Group and Royalty Landscaping and the third, X-Terminate Pest Management Inc. is underway in its restructuring to become a subsidiary of ESI as well. We have made generous progress with all three companies. As announced last Friday the due diligence process is fully completed with Air Systems Group and a valuation amount for acquisition has been agreed upon. Management believes strongly in its ability to close this acquisition by the end of May. We are still in the due diligence phase with Royalty landscaping but with current discussions that continue to take place we are feeling strongly about this acquisition taking place over the short term as well. X-Terminate Inc. was a former subsidiary of our predecessor company of which I personally steer-headed for four years and understand fully its financial growth potential to Enviro-Serv as a new wholly owned subsidiary under its new name, X-Terminate Pest Management Inc.  ESI has begun its marketing campaign this week in two major trade magazines and is encouraged by the interest shown by further potential subsidiary candidates. Additionally X-Terminate Pest Management Inc. has made progress in its quest for a CPO (Certified Pest Operator) and we firmly believe this acquisition can also be finalized by the end of May.  Management is extremely excited about all three of these prospects and looks forward in working with them closely.

Financial Statements: We are current and up to date and fully reporting in our pink sheet filings. We recently posted 2012 financials and our disclosure statement. We will be posting our Q1 2013 financials by May 19^th which will reflect approximately $500,000 in debt extinguishment. Management will continue to work diligently at reduction of debt and balance sheet clean up which will help with potential future funding and bringing in new investors. It's projected we will begin posting financials of our wholly owned subsidiaries in Q2 which will clearly reflect the successful acquisitions and what they mean to ESI financially.

Management Structure: We recently announced the hiring of Mr. Ormand Hunter as our new V.P. of marketing. He is extremely qualified for this position and has hit the ground running over the past couple of weeks. Mr. Hunter is the first of a few upcoming hiring's to bolster our executive team and to build a world class management team. In addition to the executive team we are in the process of interviewing key Strategic Advisors to assist in the process of subsidiary due diligence and as a sounding board to the executive team as specialists in their respective fields of operation in guiding us down the correct paths of successful acquisitions going forward. Lastly, I am interviewing additional financial board members to bolster our executive board of directors as well.

Corporate Goals: We strive to remain very active in our hunt for qualified potential subsidiary acquisitions. Management has a goal to sign 1-2 letters of intent per month and finalize acquisitions of 7 companies in 2013. We strongly believe that we can consummate the acquisition of Air Systems Group by the end of this month and Royalty Landscape in the short term as well. X-Terminate Pest Management Inc. should be an active wholly owned subsidiary of ESI also by end of May. We have great interest from numerous Tampa Bay companies that fit our business model and who are anxious to sit down and discuss the benefits of partnering with ESI. We are extremely excited to continue to move forward at warp speed with our new launch and to do everything in our power to add shareholder value.
Again thanks very much for your support of Enviro-Serv Inc. We truly appreciate our shareholders.

Sincerely,

Christoph A. Trina
Chairman and CEO, ESI

About Enviro-Serv, Inc.
Enviro-Serv, Inc. (OTCPK: EVSV) is a Tampa based corporation specializing in providing property maintenance services in geographically concentrated warm climate states.  Through an aggressive acquisition strategy, the Company is building a portfolio of highly profitable enterprises that offer year round services such as pest control management, lawn and landscaping care, pool maintenance, air conditioning/refrigeration installation and repairs and a host of additional onsite maintenance offerings. 

Forward-Looking Statements - This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Enviro-Serv, Inc. undertakes no obligation to update such statements.

CONTACT:

Enviro-Serv, Inc. – 813-975-7177

SOURCE Enviro-Serv Inc.