Service Team Inc (SVTE)

[CashMoneyCarl]

I do agree with the point you were making but maybe not the specifics.. for example:

1. Bob is an idiot for not getting a written amendment to the contract

I will give you this. If he was relying on a simple handshake then he was bound to get burned sometime or another. Nobody with any sense will do business like that and survive. And he had better get it in writing for the remaining notes!

2. The fact that CEO INSTANTLY created 1.5b shares at exactly the same time as he was promoting the stock is very suspicious.

Though inconvenient, to my knowledge it isn't exactly illegal. Yes, it could have been calculated and done on purpose. But like it or not, those notes are now off the books. Bob even phrased it something like "they needed to be converted anyway" or something of the like. However, he can only use that tactic once and those cards are now played. If he tries the same thing again then yes, he is an idiot and takes us all for fools.

3. Was it illegal or not? I don't know. That's why the SEC exists: to investigate these suspicious situations & protect shareholders.

Feel free to take the advice of gonzilee and file a complaint.. I am willing to bet nothing comes from it. On a side note, gonzilee is encouraging everyone to do the same but I am willing to bet that even he has not done so, and probably will not.

As usual, I for one enjoy your posts. An opposing point of view is healthy and keeps everyone honest. At least you back your statements up unlike some of the other cheerleaders and bashers.