EVTN - Enviro Technologies, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
-0.0124 (-13.7931%)
At close: 3:51PM EDT
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Previous Close0.0899
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0750 - 0.0825
52 Week Range0.0300 - 0.1900
Avg. Volume94,239
Market Cap2.599M
PE Ratio (TTM)1.61
EPS (TTM)0.0480
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire9 months ago

    EVTN Completes Purchase Agreement With Schlumberger

    FORT LAUDERDALE, Fla., June 12, 2017 /PRNewswire/ -- Enviro Voraxial Technology, Inc. (EVTN) announced today that it has completed a comprehensive agreement with Schlumberger, the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The agreement was overwhelmingly approved with over 99% of the votes at the EVTN shareholder meeting on May 31, 2017. Under the terms of the agreement EVTN sold its intellectual property, substantially consisting of its Voraxial Separator patents and trademarks to Schlumberger in consideration of up to $4,000,000, of which $3,000,000 was paid at closing and $1,000,000 payable upon the completion of the transfer of certain assets and services to Schlumberger, which is estimated to be approximately 12 months from the closing date.

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