Replies to post #28311 on Service Team Inc (SVTE)

[Steppenwolf$$$]

20b thank you

[grantastic]

An A/S reduction would certainly send a signal that the CEO is seriously interested in stopping the crazy dilution.

However: SVTE could cut its A/S in half and STILL easily double it's O/S. At which point what's to stop the A/S from going up again?

All this talk about "share reduction" is just a way to keep investors distracted from the dismal performance.

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