Enova Systems Inc. (OTCPK:ENVS) announced a private placement of 5,000,000 common shares at a price of $0.1 per share for gross proceeds of $50,000 on March 6, 2014. The transaction will see participation from John Micek, Chief Executive Officer of the company. The company will issue securities pursuant to exemption provided under Regulation D. The company expects to close the transaction on, or before, March 19, 2014.