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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc.
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To: ColleenB who wrote (1)9/11/1998 5:32:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 718
 
I have had some other people ask me the same questions you did Colleen. Anyway you are not the only one concerned about the possibility of this business drying up, so to speak, after the mandatory upgrade runs it's course here by the end of the year. So I called the company back and spoke with Jim Crehan again. He said there will still be plenty of tanks that need to be upgraded after year end but EVDS's main business will come from being the only company in the business with an accurate movable detection unit for monitoring tanks for leakage or short deliveries.

I think we all know that there is no way measuring a tank with a stick can be accurate. It wouldn't surprise me to see companies forced into using this device by either EPA regulations or EIL requirements. If that happens the market penetration will be much larger than the 10% the company has estimated.

Regards, Jeff
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