Service Team Inc (SVTE)

[winmeny]

Highlights from conversation with the Bob (the CEO):

1) The 10-K report is being audited by the Accounting Firm to include the MCV acquisition. The Accounting Firm employees from Houston, TX are currently on site doing their work. It will be released as soon as it's done or by the first part of December the latest. Revenues are confirmed to be around $5,000,000.00 with cash flow positive.

2) SVTE has 34 employees and MCV has 27 employees. There are currently 61 full-time employees total.

3) The $38,500 note that was supposed to be due on November 25, 2016 has been paid off. The noteholder converted his last portion of the note yesterday for 21M shares. This is the last note for this year.

The 2 remaining notes that will be due in May, 2017 will be paid off in cash before they become due. The company will never engage in this kind of toxic financing ever again.

4) The company recently moved to a larger facility to accommodate expansion.

5) The O/S now is 239M shares. This should be it.

All in all, it was an open and honest conversation I had with the CEO.