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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (1)	9/9/1998 8:57:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 718

FEDERAL CRACKDOWN ON UNDERGROUND TANKS YIELDS THOUDSANDS OF VIOLATIONS Boston -- Following a month-long national enforcement sweep, EPA announced a total of more than 10,050 inspections across the country aimed at identifying and correcting problems at underground storage tanks. The agency found 3,192 violations, nationally, during the May initiative. In New England, 328 inspections were conducted by federal and state environmental officials, yielding 130 enforcement actions to correct problems with the underground tanks. By December 1998, all tanks must meet state and federal laws that require corrosion protection, spill containment, and overfill protection to safeguard the environment and public health. Over the past nine years, more than 320,000 leaks have been confirmed, 60% of which were leaks to groundwater, from underground storage tanks. "Only 18 months remain for tank owners to close, replace, or upgrade leak-prone bare steel tanks," said John P. DeVillars, EPA's New England administrator. "EPA Administrator Carol Browner announced in May that the 1998 deadline will not be extended." The largest case in New England was brought against the town of Weymouth, Massachusetts, for a number of violations of federal and state environmental laws on the handling of underground storage tanks. In September of last year, EPA issued the town a field citation of $300 for not monitoring one of its underground storage tanks for releases. EPA then requested additional information about all the tanks owned by Weymouth, but the town never responded. Inspectors from EPA's Underground Storage Tank Program visited each of the town's facilities where there are underground tanks. Numerous deficiencies were noted that included failing to conduct leak detection, failing to register an underground tank with the state, failing to install spill containment and overfill prevention equipment and failing to close a tank system that has been out of service for longer than six months. Violations involved 11 tanks at eight facilities, including fire, school, police, and public works departments. The town faces a $151, 793 fine for the violations found. "Our New England communities have an equal if not higher obligation than private companies to live by the environmental laws of this country," said DeVillars. "Weymouth, perched within the sensitive groundwater area of the South Coastal Basin, needs to be vigilant in its efforts to see that their own actions do not harm the ecosystem. The environmental risks posed by a leaking underground tank are real. A management program set up ahead of time, can go far in preventing disaster." EPA issued 16 field citations during the enforcement sweep which went to 6 state and local agencies, 7 retail stores, a golf course, car dealership, and construction firm. A list follows: epa.gov Colleen I wholeheartedly disagree with you. This business will be even stronger in the future because those who do not meet up to EPA requirements will be fined even more heavily. I think you should call Jim Crehan at the company and talk to him. His number is in the thread header above. I believe that if you do you will agree with me that business will be booming in 1999 and beyond. After all EVDS can not only put in a new tank if necessary but their Capscan device can save money on insurance and detect a leak before it becomes a serious problem. Regards, Jeff

To: ColleenB who wrote (1)	9/9/1998 9:25:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 718

Environmental Digital Services, Inc., (EDSI) is a company of engineering, environmental, management and sales professionals engaged in supplying inventory monitoring, inventory management and construction and remediation products and services to the petroleum distribution and retailing industries. CAPSCAN, an in-tank inventory level monitoring device, accurate to EPA requirements. A hand held computer used to retrieve, store and transmit data from tanks, pumps and logs. On-site and off-site data processing to identify losses due to leakage, short deliveries, pump miscalibration or theft. Pre-qualification approval for Environmental Impact Liability (EIL), and possible premium discounts. The inventory system fills an industry need legislated into law that is most strictly enforced by the EPA. This system is the only fully integrated product in the entire marketplace that economically meets all the requirements of the EPA. The system provides a safety net to insurance companies willing to underwrite Environmental Impairment Liability policies for service station and other tank-owning industries by providing a pre-qualification test prior to policy binding. This system also more accurately presents the tank inventory so as to detect short deliveries, theft, pump calibration errors and possible leaks. Tank owners have been seriously policed by an ever more vigilant EPA regarding record keeping accuracy and insurance coverage. The "CAPSCAN" system appeals to insurance companies and, when used as directed, more than satisfies the strict requirements of the EPA. EDSi is gearing up for a penetration of just over 10% of the available marketplace. Utilizing company proven sales concepts, EVDS expects to sell it's patented and copyrighted system for a gross sales total of approximately $140,000,000 over a 4 year time period. EVDS brings more than 50% of the gross sales to the pretax line. EDSi Construction and Remediation Technologies, Inc., a wholly owned subsidiary, was formed to provide for the construction of new fueling facilities as well as remediation of contaminated sites to meet local, state and federal regulations. This group is separately managed by a team with cumulative total of decades of experience in this field and is currently focusing on the entire Southeast as their market area. An upcoming EPA mandated tank upgrade promises an even busier next fiscal year. I got this out of my investment information. Man am I tired after typing it. Regards, Jeff

To: ColleenB who wrote (1)	9/11/1998 5:32:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to 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

To: ColleenB who wrote (1)	9/14/1998 12:23:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 718

In October 1984, the Resources, Conservation and Recovery Act (RCRA) was passed as an extension to the Groundwater Acts of 1976 and 1982. Loosely explained, all underground storage owner operators who have fuel tanks of 1,100 gallons or more must: 1. Keep accurate daily inventory records. 2. Make the daily records available for at least 5 years. 3. File types of tanks, their age and other criteria with State and Federal EPA. 4. Have insurance in place to cover the requirements of the EPA financial responsibility laws. Regards, Jeff