Thread started on April 10th 1999
Ticker: EVTN
Exchange: NASD OTC:BB
EVTN Web Site: www.evtn.com
Company Name: Enviro Voraxial Inc.
Address: EVTN
720 South Deerfield Avenue #4
Deerfield Beach, FL 33441
Phone: 954-421-6141
Contact person: Mr. Alberto DiBella, CEO
Description of business (taken from EVTN web site):
COMPANY BACKGROUND - In the 1980's Florida Precision Aerospace,
a Deerfield Beach, Florida, Company owned by Mr. Alberto Di Bella employed over 100 people doing precision machining for numerous defense contractors. as the defense budget was scaled back much of the company's business disappeared.
In the early 1990's Mr. Di Bella downsized the Company to a few employees and focused on smaller high gross margin jobs in the aerospace industry.
In 1992 Mr. Di Bella assisted Harvey Richter in the designing and prototype development of the voraxial separator. The Company continues to operate under the names of Enviro Voraxial Technology and Florida Precision Aerospace for reason of defense qualification procedures. Current investment to date in the development of the VAS exceeds $ 10 million of which over $ 2 million funded personally by Alberto Di Bella. The VAS is developed to the stage that production manufacturing could start immediately since all molds and tooling
for mass production have been completed and advance production prototype are now operating in industrial settings.
Approximate shareholder information (at 31st March 1999) ---
Shares issued total no.: 10.9 million
Shares in float: 1 million
Shares held by insiders: 8 million
Price (31/3/99) : 11 cents
EPS : 3.8 cents/share
(annualised based on 6 months results)
Web link to accounts for last 6 months:
marketwatch.newsalert.com
Transfer agent: Jersey Transfer & Trust Co.
Phone: 561-416-8956
Contact person: Brenda Lee Hamilton
Marketing agent: Worldwide Financial Marketing, Inc.
Phone: 954/360-9998
Contact person: Floyd J. Stumpf
email: wwfm@wwfinancial.com
Web links to other EVTN information:
evtn.com
shell7.ba.best.com
pbmall.com
tradeshows-online.com
cnnfn.com
Disclaimer: The above information was obtained from various
sources, including the Company and their agents.
Anyone investing in this company should do their own DD. |
