TAMPA, Fla., May 19, 2015 /PRNewswire/ -- Enviro-Serv, Inc. (OTC: EVSV)
I would first like to thank our current shareholders for their continued loyal support. 2015 is off to a fantastic start for Enviro-Serv and our remaining outlook is shaping up to be even better. We have been able to obtain the proper funding to fulfill our goal of making investments in revenue generating projects. This is something that we were unable to accomplish until recently due to lack of capital. However, now with the agreement signed between Enviro-Serv and Pestmaster Services, I believe the upcoming busy season for pest control in the southern parts of the U.S. will offer much larger opportunities for the Company.
Typically, the pest control industry is relatively quiet from November to February simply because of termite and other pests' living and reproductive cycles. April marks the start of our busy season and we're anticipating 2015 to be one of the busiest in company history. We have already posted a record April and are on pace for a record May. Based on the overwhelming amount of calls we've already received during the beginning of Florida's swarming termite season, I expect Q2 and Q3 to have a very favorable impact on our cashflows.
Nonetheless, I am sick and tired of the seasonality of the pest control industry in the southern U.S. Becoming a Pestmaster Services franchise will allow the Company to enjoy consistent revenue from Government contracts around the country and not forego a "slow season." Government contracts pay the same in November as they do in July. As a Pestmaster Services franchise, we will be aggressively bidding on government contracts at all times.
For example, the pest control contract for MacDill Air Force Base in Tampa, FL hits the market in September. MacDill is one of the largest Air Force Bases in the world and I plan on making an aggressive bid for its contract. This one contract specifically would equate to a minimum of $2.3 million in revenue for the Company over 5 years.
There are about 21,000 pest control companies in the country and only 70 are approved to bid on Government contracts. Pestmaster Services is one of the largest players in the Government contract space and I believe this partnership will help us quickly acquire such GSA SBA contracts providing the Company with consistent revenue streams.
The current 5 year annually renewable, $307,000 VA Tampa based Pestmaster contract will now be fully operated by the Company and Pestmaster believes this contract could actually end up being worth $500,000 over the life of the contract. With the new franchise partnership with Pestmaster, I will be actively seeking additional acquisitions in the form of GSA SBA contracts. If funding remains constant, the goals we set for 2015 will be met. The addition of the Pestmaster franchise is the first of what we expect to be several other acquisition targets we have been in discussions with and hope to announce in the near future.
With regard to the current filing, which was submitted May 18, 2015, we realize that the previous quarter was difficult. Several factors came into play with that regard in addition to an overall slow season for the industry as a whole. These included additional oversight required of myself after two key members of management had unexpectedly retired due to old age. Mr. Richard Tellone, President of X-Terminate, and Mr. Gary Cole, the certified operator, had both been in the business for years and following their retirement, I took on their responsibilities in the interim. The work that Mr. Tellone and Mr. Cole put in during their years of service at X-Terminate will not be easily replaced. However, new business relationships with companies like Pestmaster have me confident that Enviro-Serv will progress favorably in the coming year.
In closing, I would like to sincerely thank all of our shareholders. Many of you have stuck with us during tough times and those who have stayed the course are now just beginning to see the results of what we've been working so hard to achieve.
Chief Executive Officer
About Enviro-Serv, Inc.
Enviro-Serv, Inc. 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. Please visit our websites at www.enviro-serv.com and www.xterminateinc.com to learn more. Please visit www.pestmaster.com to learn more about the Franchisor.
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 solely 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.
CHRIS TRINA, CEO
Enviro-Serv, Inc. 813-708-9910
SOURCE Enviro-Serv, Inc.