SVTE - News imminent; Now at entry pps and here is why:
\ \ Magnificent share structure for Service Team Inc. as of November 11, 2016 is: Authorized Shares: 500,000,000 Outstanding Shares: 217,854,572 Restricted Shares: 8,439,296 \ Release of annual ER/ 10K expected between November 13th(prematurely due to acquisition 71 days after Q4 end) or maximally Dec 1st (regular 90 days after Q4 end).
Summary Annual Revenue Expected 2016 = $ 5.0 mln ( 92% increase over 2015) 10K 2015 = $2.6 mln ( 100% increase over 2014) 10K 2014 = $1.3 mln ( 30% increase over 2013)
Proper appreciation would for this sector be twice the PS ratio...around 5 cents. We should at least see 1-3 cents by EOY.
Now 2 subsidies; both profitable with high sale numbers: SVTE acquired deltastag (revs now ~3.6m annually; small operating profit last Q) in 2013, last month they acquired MCV comp. INC (private business with ~2m rev last year and running on operating profits). SVTE paid some cash for MCV (generated by a non convertible non toxic loan), some shares. The lack of guidance brought the pps down from the cent threshold to the 0.002s.
No conversions expected since almost debt free: Two small notes with maturation dates in the Spring next year, 2017, are anticipated to be bought back by the company.
All in all a gem at the current entry pps...amazing potential.
Everything I post is my opinion and only my opinion - if you read enough of my posts, you'll probably realize it's not an opinion that you'd like to take as advice or a recommendation. You've been warned.
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