Why ETII Could be a Big Green Monster in the Making

Date : February 7, 2019

New Opportunity:  EnviroTechnologies International Inc. (OTCMKTS:ETII)

 

So far, 2019 has already been a banner year. Our last play took flight from $0.0027 to $0.0055 in a short period for better than 100% in gains. Our next setup looks like an even more promising adventure for those willing to step up to the plate.

 

Concerns about climate change and the high cost of energy have driven the maturation of the “Green Technology” movement into a Trillion Dollar industry as corporations, households, and governments around the world search for a sustainable and responsible path forward.

 

One of the most compelling elements to this trend is the idea of “socially responsible investing”, which is increasingly popular, especially with the largest generation of investors to ever walk the planet: the millennials.

 

Socially Responsible Investments (SRIs) are the most popular component of the average millennial 401K according to a recent USA Today piece. And green technology will get no argument as the leading theme of that conceptual constellation.

 

This forms the backdrop for a very interesting play in the green space: ETII.

 

Symbol:  ETII

Company:  EnviroTechnologies International Inc.

Website: http://www.envirotechnologiesinternational.com/

Quote:  http://finance.yahoo.com/q?s=ETII

Latest News:  http://finance.yahoo.com/q/h?s=ETII+Headlines

Who is ETII

EnviroTechnologies International Inc. (OTCMKTS:ETII) develops and markets various environmentally safe technologies and products primarily in the oil and gas, food, and agriculture industries worldwide.

 

Its food and product processing technologies include Cleaner Answer and Powered Water products that provide nontoxic and anti-microbial solutions for cleaning and sanitizing fruits and vegetables, meats, and fish for food packing and retail operations.

 

The company also offers Powered Water, Bio-N-Liven, and Carbon and Greener Answer, which are non-toxic solutions to clean and remediate soils and water bodies damaged by oil exploration and retrieval, and to help extract natural products from rock formations in the oil and gas industry. EnviroTechnologies International, Inc. was incorporated in 2013 and is headquartered in Pleasant Grove, Utah.

 

EnviroTechnologies International is a publicly listed company that develops and markets proprietary, synergistic products for the oil and gas and agriculture industries as well as wellness products. The company’s products are safe, natural, and non-toxic and “green” products for industries that often show little concern for the environment but are now feeling the social and governmental need to go “green.”

The company’s completely green and natural products are proprietary, unique and highly effective innovations to its target markets. As from the beginning of 2019, the Company intends to introduce its proprietary technology to the new emerging multi-billion dollar CBD, hemp cannabis market which was legalized on a Federal level as recently as December 2018.

With increasing dominance of the millennial investor beginning to take hold, the green message is one that’s ripe to start resonating again.

Recent Catalysts

The big recent news is the company’s reporting of estimated 2018 revenues and First Quarter equipment orders under contract.

 

“We expected 2018 to be, primarily, a research and development year as we completed design and technical upgrades to our proprietary and patent-pending machines that produce electrolyzed oxidative fluids (EO Equipment), used by our customers in the carpet-cleaning, agriculture, food service and other related and unrelated industries. We anticipated contracts on or new EO Machines to begin Second Quarter 2019,” said Gaylord Karren ETI’s President. “With over $300,000 spent on R&D in 2018 alone, we felt that our equipment designs and technological innovations were state-of-the-art and our customers would be ready to implement them in their businesses. We were surprised and delighted to recognize revenues in 2018 of $372,697; however, by year end, we had contractual orders for over $500,000 to be filled in First Quarter, 2019.”

 

Just before that, the company confirmed that it is preparing to introduce new technology to licensed cannabis growers in the northwest that will help eliminate growth-impeding pathogens and stimulate harvest yields.

According to the release, the positive effects and growing acceptance of medicinal hemp, CBD and other cannabis products have been widely discussed in all news venues. The passage of the Farm Act late last year greatly expanded the development and distribution of CBD and hemp products nationwide.

 

That takes us back to early January, when the company announced that it had commenced an audit to become a fully reporting company and transition to the QB.

 

“We have been transparent with our financial information but we have not, to date, committed to a formal audit, which we determined is the next logical step in our progression as a public company,” said Gaylord Karren, ETI’s President. “We expect to complete our audit by the end of first quarter 2019, which will then allow us to move to the QB and expand our options in the public marketplace.”

 

This is big news because it suggests they have nothing to hide and are looking to promote transparency for shareholders – a strong message.

Technical Analysis

The chart makes a pretty clear case for ETII right now: the higher low level is coming into place and could be a big signal of potential accumulation activity in the stock over recent days.

 

What’s very interesting here is the divergence with RSI: the signal is already “Full Bull” even though we have seen a relatively shallow corrective move in the past few weeks.

About ETII

ETII (EnviroTechnologies International Inc.) develops and markets various environmentally safe technologies and products primarily in the oil and gas, food, and agriculture industries worldwide.

 

Its food and product processing technologies include Cleaner Answer and Powered Water products that provide nontoxic and anti-microbial solutions for cleaning and sanitizing fruits and vegetables, meats, and fish for food packing and retail operations.

 

The company also offers Powered Water, Bio-N-Liven, and Carbon and Greener Answer, which are non-toxic solutions to clean and remediate soils and water bodies damaged by oil exploration and retrieval, and to help extract natural products from rock formations in the oil and gas industry. EnviroTechnologies International, Inc. was incorporated in 2013 and is headquartered in Pleasant Grove, Utah.

 

EnviroTechnologies International is a publicly listed company that develops and markets proprietary, synergistic products for the oil and gas and agriculture industries as well as wellness products. The company’s products are safe, natural, and non-toxic and “green” products for industries that often show little concern for the environment but are now feeling the social and governmental need to go “green.”

The company’s completely green and natural products are proprietary, unique and highly effective innovations to its target markets. As from the beginning of 2019, the Company intends to introduce its proprietary technology to the new emerging multi-billion dollar CBD, hemp cannabis market which was legalized on a Federal level as recently as December 2018.

Key Points:

 

  • ETII shares have been under technical accumulation, according to chart studies.
  • ETII stock is flashing an RSI bull signal on a shallow pullback, which we often find is a promising technical scenario.
  • ETII is seeing signs of very strong revenue growth, with the company now anticipating over $500k in Q1 2019 revs.
  • ETII just recorded a MACD Bullish reversal, suggesting a technical change in trend
  • ETII just commenced an audit process as part of the process of uplisting onto the OTCQB venture market where it will have access to far more investor flows.

 

At the end of the day, this is a thematic pick, with its ties to the movement by millennials to get into the investment game. As the 401k money starts to stack up, the green space is becoming more and more powerful on an SRI flow basis.

 

With the chart showing signs of accumulation, revenue growth starting to accelerate, and a likely uplist on the way, this is a stock to put on your radar ASAP.

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