Enservco leaders push to move incorporation from Delaware to Nevada
LONGMONT — In search of cost savings and enhanced legal protections, the board of directors at Enservco Corp. (NYSE American: ENSV), a provider of specialized well-site services to the domestic onshore oil and gas industries, is urging its shareholders to approve a measure that would change the company’s state of incorporation from Delaware to Nevada.
The company failed to win support for the proposal last month during its annual shareholder meeting, which was adjourned so leaders could continue to drum up support.
“Management and the board believe reincorporation is in the best interests of all stockholders, and we are encouraging our investors…
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