Replies to post #28288 on Service Team Inc (SVTE)

[maz1978]

CEO also stated he is looking at a share reduction/buyback which if he comes through completely eliminates your opinion about him lying about either of those statements

[jmorexxnet]

Yeah with a 20,000,000,000 AS and a 4,081,950,030 OS it'll be hard unless they retire some shares plus initiate a buy back.

That the fact that they recorded a net loss of almost a half million dollars begs the question where will they get the cash from to implement a buyback? The only have $80k in cash which they need to continue business operations.

Not really happy with the 10-K