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ENVK Envirokare Tech Inc. featured news, full reports, and detailed charts

Envirokare Tech Inc. (ENVK/ENVK.PK) Wrap Up:

Envirokare Tech, Inc., through its joint venture interest in LRM Industries LLC, develops TPF ThermoPlastic Flowforming technology that produces proprietary long-fiber reinforced and nonreinforced thermoplastic products. TPF ThermoPlastic Flowforming is a process technology for the low pressure, fully automated molding of long-fiber-reinforced and nonreinforced thermoplastic large structural parts providing enhanced mechanical properties through the randomization and preservation of fiber length in molded parts. Long-fiber-reinforced thermoplastic and nonreinforced molded products has applications replacing conventional materials, such as steel, aluminum, wood, fiberglass, and cement in various industrial market segments. LRM Industries has also developed a second process technology, a complementary to the TPF ThermoPlastic Flowforming technology, which is an efficient method of producing large thermoformed parts. The company intends to license its thermoforming process technologies to licensees. The TPF Thermoplastic Flowforming process has applications primarily in the building and construction, materials handling, and marine markets, as well as in aerospace, automotive, and appliance, and marine markets. The company was founded in 1998 and is based in New York, New York.
www.envirokare.com
2 Employees
Founded in 1998

Envirokare Tech Inc. (ENVK:OTC)

Market Cap
3.0M
Total Revenue
2.3M
EBITDA
4.3M
DILUTED EPS TTM
-0.07
P/E
--
P/S
1.3x
Return On Asset
-23.30
Return On Equity
106.09
K = Thousands  M = Millions  B = Billions

ENVK Top Compensated Officers

Mr. George E. Kazantzis
President, Chief Operating Officer, Principal...
Age: 58
Total Annual Compensation: $160.0K

Executives, Board Directors

Compensation as of Fiscal Year 2007.

Key developments for Envirokare Tech Inc. (ENVK)

Envirokare Tech To Form File 15

Envirokare Tech Inc. announced that on February25, 2009, it intends to file a Form 15 with the Securities and Exchange Commission (SEC) to terminate the registration of its common stock under the Securities Exchange Act of 1934, as amended. The Company anticipates the termination of registration will become effective 90 days following the filing of the Form 15 with the SEC. However, the Company's obligation to file certain periodic reports and forms with the SEC will immediately be suspended upon filing of the Form 15. The Company is submitting written notice of its Form 15 filing to the Financial Industry Regulatory Authority (FINRA) Compliance Unit, which oversees companies whose shares are quoted on the Over the Counter Bulletin Board (OTCBB). Since under the OTCBB eligibility rule to have its common stock quoted on the OTCBB the Company common stock must be registered under the Act with the Company required to file with the SEC certain periodic reports and forms, the Form 15 filing by the Company will no longer permit its common stock to be quoted on the OTCBB. While the Company common stock may be quoted over-the-counter on the Pink Sheets LLC, there can be no assurance that trading in its common stock will continue on the Pink Sheets or otherwise. In deciding to deregister its common stock under the Act, the Board of Directors concluded (1) that: the Company is currently deriving minimal benefits from having its shares quoted on the OTCBB due to low trading volume, depressed market price and continuing accounting, compliance and other costs associated with being a reporting company and (2) that having to be and remain a reporting company and having to prepare and file SEC reports and other forms requires the expenditure of a disproportionate amount of financial resources and management effort that would be better spent implementing the Company’s goals and strategies.

Envirokare Tech Inc. Announces Resignation of John Verbicky as Board of Director

Envirokare Tech Inc. announced that a member of its Board of Directors, Dr. John Verbicky, has resigned his position as a Director of the Company. Dr. Verbicky's resignation is effective as of December 5 2008.

Envirokare Tech Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2008

Envirokare Tech Inc. reported earnings results for the third quarter ended September 30, 2008. For the quarter, the company has posted a net loss of $807,240. In contrast, the company posted a net loss of $1.31 million for the same quarter in the previous year.

otc, otcbb, pinksheet, ENVK, ob Envirokare Tech Inc.

ENVK Competitors

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Industry Analysis

Valuation ENVK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Not meaningful
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

ENVK

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ENVK transactions

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No transactions in the last 6 months.

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ENVIROKARE TECH INC Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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ENVIROKARE TECH INC Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar

Show all filings for ENVIROKARE TECH INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for ENVIROKARE TECH INC 24-Feb-2009Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information ...
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ENVIROKARE TECH INC Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
Click here to read the whole Article (external link)

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