Service Team Inc (SVTE)

[MindlessSelf]

When I bought about two years back, 3 billion traded in two days. Cashman was posting interviews talking about eliminating toxic debt and doing share buy backs and acquisitions. I saw that it was generating revenue. I took a chance. Then 2 cease and desist orders from 2 separate states were issued for stock fraud. He stopped filing. He stepped down from the board only to hand it off to his daughter who according to LinkedIn was nothing more than a book keeper for her dad. I don’t see this going anywhere. I think the business is legit, but the publicly traded side is toxic and none of that value will ever make its way to a common holder. He also redomiciled to increase authorized shares to 20 billion after telling us he was done with toxic debt, and was going to buy shares back. I wouldn’t believe whatever cashman says even if a pr comes out about something in the works. He is a liar.