Delta Stag d/b/a Service Team, Inc. COMPANY OFFICIAL WEBSITE: http://www.serviceteaminc.net/ OTC MARKETS: https://otcmarkets.com/stock/SVTE/overview CONTACT INFORMATION: 18482 Park Villa Place Villa Park, CA 92861 Phone: (714) 538-5214 cashman@serviceteaminc.net |
$SVTE http://deltastag.com/
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http://deltastag.com/investor-information/
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It’s great to see the number of long and strong positions keep growing on this board. There are no surprises in the 10-k. For those who don’t already know what’s in the numbers, DD on the company over many years and key statements in the 10-k should show it.
The 10-k shows a company turnaround in 2017, but that was only the beginning. The 10-k does not show the wholesale conversions done in unison before the close of Q1 this year. There is much convertible debt left and that much is frozen. Housekeeping on that scale would not have happened all at once without strong current revenue growth and a concrete forward growth plan institutional investors would buy into. The Q1 balance sheet will be drastically improved and with a P/L strong enough for the company to roll its own cash flow into an expansion.
The company is implementing a rapid, aggressive expansion plan for a reason. The scale indicates revenue growth many greater than last year. The company must have secured commitments to new orders, if not a supplier contract or something. The wholly owned subsidiary is a major part of the puzzle too. No doubt something is happening with $SVTE!
About Service Team (SVTE)
Service Team Inc. is a public company with its stock listed using the symbol (SVTE).
The Company, doing business as Delta Stag, is a manufacturer of commercial truck bodies and parts in Southern California with four locations.
Service Team (SVTE) acquired 100% of Delta Stag in June 2013. Since then, Service Team has maintained a sustained growth of more than 40% per year.
Their manufacturing/repair facility is in South Gate, CA. It manufactures custom/standard truck bodies in different models to meet the demands of each user.
The company has approximately 400 customers. It is not dependent on a few major customers, which makes it an even stronger buy!
The company is well diversified with only one customer South Bay Ford who represented more than 10% of sales in the last 12 months.
Service Team's (SVTE) customers are auto dealers and users of specialized trucks; such as dairies, food distributors, and local delivery.
Service Team (SVTE) offers its customers the following benefits:
• In-house quality control over each stage of production.
• Large parts inventory and repair location can quickly return trucks to service.
• The latest in modern equipment to ensure consistent quality and reduce replacement costs.
• Multiple large production facilities to expedite orders and meet customers needs.
• Exclusive Manufacture's Warranty.
https://www.southbayfordcommercial.com/ford-refrigerated-trucks
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18482 Park Villa Place
Villa Park, CA 92861
.
http://www.otcmarkets.com/stock/SVTE/overview
Update as of April 14, 2021,
SVTE Current Status is:
STOP SIGN
Pink No Information
Dark/Defunct
12/14/2020 from the SEC: https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-alerts/investment-0
NorthShoreTrading ![]() | Thursday, 11/19/20 10:24:13 PM | |
Re: MindlessSelf post# 39157 | ||
Post # of 42228 | |
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Dark/Defunct Chronic SEC-Non-Filer SVTE going Private/Gray Market in 2021?
Update as of April 14, 2021,
SVTE Current Status is:
STOP SIGN
Pink No Information
Dark/Defunct