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Microcap & Penny Stocks : Environmental Safeguards EVSF

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To: jim druzbik who wrote ()3/10/1997 3:36:00 PM
From: James A. Albers   of 17
 
Environmental Safeguards, Inc. Announces New Status as a "'34 Act Reporting Company"

PR Newswire, Wednesday, March 05, 1997 at 17:14

HOUSTON, March 5 /PRNewswire/ -- Mr. James S. Percell, Chairman and
CEO of Environmental Safeguards, Inc. (BB: EVSF),
announced recently that effective February 11, 1997, the SEC accepted both
EVSF's Form SB-2 Registration Statement and Form 8-A Registration
Statement. Furthermore, the SEC deemed Environmental Safeguards to be
subject to the reporting requirements of the Securities Act of 1934. "The
combination of going effective on both the SB-2 and 8-A registrations and
becoming a full-reporting, '34 Act company is a very important milestone
in the growth of EVSF and represents the achievement of a goal of current
management envisioned shortly after our arrival in November, 1995," stated
Percell.
Environmental Safeguards, Inc., through its proprietary processes, is
a recycler and remediator of hydrocarbon and hydrocarbon derivative
contaminated soil.

SOURCE Environmental Safeguards, Inc.
-0- 3/5/97
/CONTACT: Michael M. Dunson, Chief Financial Officer of Environmental
Safeguards, Inc., 713-641-3838/
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