Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
CALIFORNIA WILDFIRE SHUT BOB DOWN YESTERDAY!!!! I am still quite hopeful babesters.
Yes sir, this is still undervalued. It shpuld run hard within tbe week. #SVTE
Sticky is REALLY about promised $15m acquisition.
Such an acquisition is impossible. And it serves "good purpose" to explain why it's impossible.
Just like the last time SVTE CEO promised an acquisition, it was nothing but PRs with no substance, designed to distract shareholders from the terrible management they've hired.
Excellent question which no one has an answer to, and no one wants to talk about. Not even the CEO.
Of course it's impossible, but a lot of people are stuck with losses and they hype to sell shares at break-even.
If the CEO promised something he couldn't deliver- That's absolutely his fault.
Being "under the impression" that something will happen is not management. Everyone past the age of 15 knows you SIGN WRITTEN CONTRACTS for significant deals.
Even better, the CEO should not have accepted terms he didn't want to be held to in the first place.
Even better, the CEO should be borrowing money from banks instead of scammy dilutive vultures.
Even better, the CEO should simply be running a profitable company instead of losing money endlessly.
If investors are not willing to blame the CEO for his bungling mistakes, then they need to blame themselves for keeping such an inept manager in a position to do such great harm to their investment.
I would counter several things you itemize here, but I don't fully have the energy. I will address this...
I learned couple of things and most important is that Bob is a LIAR
no notes freeze by the end of the 2018,now January February...probably never
new 15 M dollar acquisition not even close
all he does spreads the lies...he diluted 1.5B before yesterday, add yesterday at least 500M-1B,that is 2B-2.5B shares
so all those twits for nothing lies lies and more lies
he is so fin stupid it it unreal,just look at the new notes he is getting,it is obvious he is enriching his buddies he has been associated with for years...so sad
POS
Thank you for your response to the twitter live call which is a level headed and well thought out response to the call! Well detailed and this post should be stickied. New investors should read this post
Nice post. Thanks.
excellent nfrequent DDs hard at work
Sticky this please. Excellent breakdown
And an excellent break down done by you
WIth a good pr and no more BS dilution then yeah this can easily flirt with .001
SEVEN THINGS LEARNED FROM CASHMAN INTERVIEW:
Superb interview Chris. Charlie Rose could not have elicited more info, and you didn’t grope anybody as far as we know. From your interview with Bob Cashman we learned or confirmed:
1. In March, $SVTE expects to have fully implemented its growth plan and will begin “gradual” share reductions thereafter. (That’s all sooner than I expected.)
2. PR is coming out next week on a manufacturing piece of the plan already implemented. Bob said, “We’ve got the equipment that we bought up and functioning now, and it’s having quite an impact on the plant.” He seemed anxious to get talk about his manufacturing operation, instead of just issuing reassurances about share structure. (That’s hard production/sales related info that buy and hold investors like, instead of chasing rumors up and down.)
3. Bob also said by March he “intend(s) to have other things happening that will support the stock and keep it moving.” That’s the confidential part he cannot disclose yet, but we know he is focusing on (a) future sales levels the company is expecting from the manufacturing expansion and (b) the LOI for acquisition of the $15 million a year wholly owned subsidiary. (This is where the uplisting part comes in.)
4. Then the plan is to “level off” expansion for growth and “let money roll over rather than require new money.” (Ultimately, that turns into profit.)
5. $SVTE is getting “out of the convertible share environment” for good and is nearly there already. Remaining note holders have agreed to hold off on conversions as long as a year, but those could begin as early as March in coordination with the acquisition, share reductions, and uplisting. And yes, he did mention stock buybacks, particularly referencing money saved by not having to do PR to promote the stock. (I assume he meant the stock will get better coverage out of the convertible shares environment and uplisted, but he could have been referencing having to stay ahead of so much misinformation.)
6. The stock conversion yesterday was a lower level miscommunication at JMJ (one of four institutional creditor/investors), but Bob said rightly, “The good side is we have to get all these notes converted and out of the system (anyway).” The company is ultimately right sizing at the same level with share reductions regardless of when any conversion takes place. Bob even suggested some remaining convertible debt might be paid off. (If Bob can settle out the relatively small amount of remaining convertible debt one way or the other along with everything else happening in March, I’m all for it, too much hyperbole and misinformation about it.)
7. Finally, Bob reiterated that $SVTE is “absolutely not doing a reverse split.” (How many times has this one been confirmed?)
Everything else Bob said was in response to ridiculous rumors and assertions you shouldn’t have even had to ask him about. This week the street overbought going into a 10-k that we already knew would include nothing new to raise the stock price. Yesterday the street oversold on the release of the 10-k. Bob, of course, had no involvement in a single share traded. Add the major wildfire that knocked Bob’s electricity and business line out, and it’s a field day for bashing. This is a solid company moving toward profitability sooner that I thought just two days ago.
Bob has moved some major mountains. People need to give the guy a break. When the top sticky on the board is about some company $SVTE decided not to buy a year ago, it serves no good purpose. If a sticky is critical, fine, but at least it ought to be current, not to mention relevant and accurate. All of the seven items above are current, relevant, and accurate. The only good thing about the bashing is the picture gets clearer with every clarification. $SVTE is extremely undervalued. Buy and hold.
Chris, we salute you Sir.
Better have funds to clear this can get fun after a bounce like that there will be more soon
Might have a bounce back to 4s or 5s.. Pr expected next week.
Wonder what the OS and float is today... VNDM seemed active
Was expecting 6s. 7s today as it went up to 7s yesterday. Will see tomorrow..
How did this work out for you?
lots of eyes here lurking for a bounce $SVTE
It also means debt paid.
GO SVTE
Kick rocks kid.
* * $SVTE Video Chart 12-07-17 * *
Link to Video - click here to watch the technical chart video
This is unrelated to the original comment.
Set stops have a plan take profit ! It's how to trade OTC ! Go to next play - so many cut losses quick move on!! How to trade here
That's a nice dogmatic platitude, but meaningless. Chart was fine... until nearly a billion shares of dilution hit it. So, actually, "DD" was necessary.
Yes question everything from tweet to notes to ??? So many un honest OTC CEOs !!! play chart not DD !
What are you referring too, next yr is 30 days or close, you mean the 6 months?
Its like clockwork with that crew. So obvious.
I wonder if it's a coincidence there are over 1.3 billion 1's hoping to get filled on the bid all while so many call this a scam...wonder if the two are related lol
freebies: I look at your posts in your profile and see the word "crook" MANY times...looks like every board you post, the CEO is a crook.
I'm not sure if you have very much luck picking stocks that are not run by crooks, might want to do more DD...just saying.
SVTE is a great company!
What a crook this BOB guy is.. look at this guys.
Service Product division that was closed in 2013 he claimed losses from it almost like $500K for the first 3 QTRs of last fiscal year ended August'2017.
I questioned here about those expenses (don't believe me look at my earlier posts) and guess what this Bob crook completely removed all the details of Service Product division in 10K.
How in the world it is possible unless you are a lying f'ing fraud. Isn't 10K consolidation of all 10Qs filed earlier?
Someone needs to report this crook to SEC. I am doing it right now. Otherwise, he will keep ripping off shareholders with lies and fraud.
jmo
Wow. This guy loves free cash to support his failing business model. Back to no bid soon.
Yup, I’ve noticed over a long time that we never see the chart on the ride up. Always at the top, right before the slide back, or on the ride back down.
All this $$$ for CEO before end of year Christmas $$$?????question everything!! Trust ceo??Bob. ??
Lied on notes ?? Said no pay until next year??
Very interesting
Nah jus t-trades after market close
Maybe we see a bounce back tomorrow to close the week. Still got a pr next week to look forward to.
The conversions led to panic sells and led to this crap day.
Conversion of notes>dilution
Lolz. No. $SVTE
was there a cross trade for 220 million buy
was that a cross trade for a bit for 220 million shares
Ask him to include in pr . so people dont doubt it
I'm get him tomorrow
I know we will get a pr early next week. I forgot to ask him if the loi still happening. Was wondering if you did
Followers
|
392
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
44482
|
Created
|
08/31/15
|
Type
|
Free
|
Moderators |
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/
http://deltastag.com/home-2/
http://deltastag.com/home-2-2/
http://deltastag.com/gallery/
http://deltastag.com/links/
http://deltastag.com/home-2-4/
http://deltastag.com/investor-information/
==========================================================================================================================================================================================================================================================================================================
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
[-chart]imgcdn0.searchoptics.com/resize/640/q25/https://chrome.cdn.searchoptics.com/ChromeImageGallery/ColorMatched_01/White/640/cc_2019FOV35_01_640/cc_2019FOV350003_01_640_YZ.jpg[/chart]
[-chart]chrome.cdn.searchoptics.com/ChromeImageGallery/ColorMatched_01/White/640/cc_2019FOV35_01_640/cc_2019FOV350003_01_640_YZ.jpg[/chart]
"" rel="nofollow" target="_blank"> border="0" class="imgMsg" alt="" data-cke-saved-src="//imgcdn0.searchoptics.com/resize/640/q25/https://chrome.cdn.searchoptics.com/chromeimagegallery/colormatched_01/white/640/cc_2019fov35_01_640/cc_2019fov350003_01_640_yz.jpg"="" rel="nofollow" target="_blank">; />
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 | 0 | |
Post # of 42228 | |
The SEC has recently experienced a significant uptick in tips, complaints, and referrals involving investment scams. The SEC’s Office of Investor Education and Advocacy urges investors to be on high alert in order to protect themselves and others from becoming victims of investment fraud. Fraudsters use times of uncertainty and change, such as the current COVID-19 pandemic, to lure victims into investment scams. Below are tips to help you recognize and avoid frauds like Ponzi schemes, fake CD scams, bogus stock promotions, and community-based financial scams.
Look out for the following claims or statements to help identify whether a website selling CDs may be spoofed:
Before you purchase a CD from a website you find through an internet search, consider these tips to help you avoid bogus CD scams.
Fraudsters sometimes exploit tight-knit trust and friendships within a community, targeting members of identifiable groups -- including people with common ties based on ethnicity, nationality, religion, sexual orientation, military service, and age. This is known as affinity fraud.
Fraudsters may be (or may pretend to be) part of the group they are targeting. They may enlist group leaders to spread the word about the scheme. Those leaders may not realize the “investment” is actually a fraud, which means they too may be victims.
Even if you have something in common with someone selling you an investment, use the free and simple search tools on Investor.gov to check the person’s background, including the person’s license and registration status.
Frauds Targeting Main Street Investors -- Investor Alert
Look Out for Coronavirus-Related Investment Scams - Investor Alert
FTC article: Real Estate and Investment Scams
Report possible securities fraud to the SEC online at www.sec.gov/tcr.
Visit Investor.gov, the SEC’s website for individual investors. Call the SEC’s Office of Investor Education and Advocacy (OIEA) at 1-800-732-0330, ask a question using this online form, or email OIEA at Help@SEC.gov. Receive Investor Alerts and Bulletins by email or RSS feed. Follow OIEA on Twitter @SEC_Investor_Ed. Like OIEA on Facebook at facebook.com/secinvestoreducation.
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
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |