EnviroXtract Cancels 2.8 Billion Additional Shares Of Its Issued and Outstanding Stock
Online, March 2, 2012 (Newswire.com) - EnviroXtract, Inc. (Pink Sheets: EVXA) Continuing its commitment to restructure the Company's stock through voluntary cancellations, Management is pleased to announce that it has further reduced the Company's Issued and Outstanding Common stock by an additional 2.8 billion shares. This initiative has thus far reduced the Company's total issued and outstanding Common stock by 9.8 billion shares. Management continues to explore opportunities to build shareholder confidence and share value.
EnviroXtract has recently generated renewed Canadian interest in its 'green' environmental oil sands extraction and upgrading technologies. This technology removes 99.9% of bitumen from oil sands, significantly upgrades the bitumen during the extraction process, requires no water or chemicals, utilizes no oil, natural gas, nor any fossil fuels, emits no carbon emissions, and is extremely energy efficient. The Company is not aware of any other technology capable of making these claims.
About EnviroXtract, Inc.:
EnviroXtract has expanded its business model to include opportunities in the gold and silver mining sector where it plans to utilize its efficient environmental ore extraction and refining technologies. Management continues to explore viable revenue-producing opportunities for its various proprietary ore processing and environmental mitigation applications on behalf of its shareholders. EnviroXtract, Inc. has acquired a license for an efficient technology intended to perform environmental remediation applications for oil spills and other toxic chemical remediation applications that require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing up to 99.9% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
Safe Harbor:
This information contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of EnviroXtract, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.