Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tobasco who wrote (118)	9/29/1998 10:54:00 PM
From: Jeffrey L. Henken	Respond to of 718

The EDSi Program is actually a series of incremental options from which the tank owner can select a program which best suits his own needs....from the simplest paperwork based manual system to a sophisticated fully automated one utilizing radio technologies. This system rests on a double foundation of CAPSCAN and Statistical Inventory Analysis (SIS). CAPSCAN is easily installed, patented, monitors inventory accurately and records not only fuel levels, but water as well. Data from the CAPSCAN, or manual stick readings, are manually or automatically submitted to EDSi and processed by SIA into an easy to read inventory report which will give indications of potential leaks, pilferage, meter errors and short deliveries. Most importantly, the EDSi system helps tank owners to conform to all local, state and federal regulations, and to obtain reasonably priced Environmental Impairment Liability Insurance to manage risks. The CAPSCAN is easily installed simply screwing into the UST fill pipe. It will serve as a 24 hour a day stand alone monitoring device, exceeding all EPA and state requirements, at an extremely affordable cost to the UST owner. Regards, Jeff

To: Tobasco who wrote (118)	10/1/1998 11:43:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 718

>Jeff..Do you have any more information on potential earnings for EVDS for 1998 -1999?< The following financial projections were written by an analyst from Communications Capital Corporation earlier this summer: Our projections for Environmental Digital Services are based on the company having a working product in the field for almost four years (at a Texaco service station), strong major oil company interest for the CAPSCAN product, and a $4.5 million order for tank installation (8/17/98). 100 of the manufactured prototypes will be available by the middle of September (actually this week), CAPSCAN orders should follow quickly, and initial deliveries are scheduled for early December, 1998. We estimate that initial orders could be in the 5,000 to 10,000 unit range. However for conservative estimate purposes we have included just 3,000 CAPSCAN unit sales for 1998. Including related equipment sales this will equal revenues of approximately $2.5 million this year, in addition to an estimated $0.5 million in revenues from Construction and Remediation, for a total of $3 million. Gross margins are very high, estimated to be 79% for the year. Expenses have been under tight control, other than engineering expenses which should be about $400,000 for the year. This leads to a pre-tax profit estimate of $935,000 for 1998. There will be no taxes as the Company has a $1.7 million NOL, leading to an EPS estimate of $0.06 for 1998, all of which is expected to fall in the fourth quarter. We believe that orders will exceed deliveries for the first half of 1999 as a number of potential customers have been aware of the CAPSCAN field tests and initial orders should come in close to the introduction date. For the full year we estimate that EVDS will book 46,000 CAPSCAN units. We estimate a ratio of three CAPSCAN units for each handheld computer sale, and six CAPSCAN units for each monitoring sales. This leads to a 1999 estimate for CAPSCAN and related sales equal to $24.9 million. We also estimate that Construction and Remediation will deliver $2.3 million in revenues, Insurance $1.2 million, and we should see the first revenues from the sales to the Home Heating Oil market. We estimate deliveries will begin mid-year with unit sales of 5,000 per month and a wholesale price of $50, equal to revenues of $1.5 million for 1999. On total revenues of $29.8 million in 1999 we would anticipate a gross margin of 75.9%, an operating expense ratio of 20% to lead to a pretax profit of $15.1 million. There would be some NOL left so that the tax rate is estimated to be 23.3%, and net income $11.6 million, equal to $0.63 a share. quote.yahoo.com Well EVDS is bucking the down trend in the market today but until we break one, we are still stuck in this trading range. I'm hoping that continued strong volume will make that happen soon. Regards, Jeff