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


To: Brian1970 who wrote (373)1/20/1999 2:23:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 718
 
If anyone new is looking this one over. Here is what EVDS is all about:

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.

EVDS also offers 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.

Regards, Jeff