Replies to post #21135 on Service Team Inc (SVTE)

[AISI304]

Exactly R123. SVTE is definitely a flipping POS.

Rhew123 Thursday, 06/22/17 12:48:50 AM
Re: angelo2112 post# 21132
Post # 21135 of 21137
Not sure if it's convincing or not...

but, the CEO has lied to many shareholders in the recent past, especially around toxic notes (he promised no more would be used... only to turn around and do so).

He also put out a false PR stating that the MCV acquisition had been finalized when it in fact wasn't - and was never completed.

He also just recently raised the AS significantly over a short period of time - now sitting at 8billion... with his history of toxic debt, who knows what that's for...

CEO has been sued for fraudulent activity in the past.

He loaned funds to Hallmark (a company he owns) and then just wrote it off the books.

He took out a $300k loan with no explanation... even though plenty of cash was on hand.

And I believe that revenue may have stalled, if not dropped a tad over the last quarter or so (admittedly not as up to date as I once was)...

Last red flag, the obvious pump recently.

Again, not sure if that's helpful or not, just my take on your question.

GLTY!!

[2times2]

accurate unfortunately

[wingtrade]

Has anyone gotten a current OS?

[AISI304]

Thanks R123. SVTE just a pack of lies! Glad you and t2t2 exposed this scam.

Rhew123 Thursday, 06/22/17 12:48:50 AM
Re: angelo2112 post# 21132
Post # 21135 of 21201
Not sure if it's convincing or not...

but, the CEO has lied to many shareholders in the recent past, especially around toxic notes (he promised no more would be used... only to turn around and do so).

He also put out a false PR stating that the MCV acquisition had been finalized when it in fact wasn't - and was never completed.

He also just recently raised the AS significantly over a short period of time - now sitting at 8billion... with his history of toxic debt, who knows what that's for...

CEO has been sued for fraudulent activity in the past.

He loaned funds to Hallmark (a company he owns) and then just wrote it off the books.

He took out a $300k loan with no explanation... even though plenty of cash was on hand.

And I believe that revenue may have stalled, if not dropped a tad over the last quarter or so (admittedly not as up to date as I once was)...

Last red flag, the obvious pump that hit this board recently.

Again, not sure if that's helpful or not, just my take on your question.

GLTY!!