Updates/SS/Listing Status/Revenues -QoQ/Business M
Post# of 417
Service Team, Inc. is listed on the OTC PINK; Common Stock SEC Reporting; Filing Status Current; Audited Financials
Share Structure:
Authorized Shares 500,000,000 a/o April 21 2016
Outstanding Shares 84,268,889 a/o April 21 2016 (with 8,439,296 shares restricted)
Transfer Agent:
Pacific Stock Transfer Co.; http://www.pacificstocktransfer.com; 6725 Via Austi Pkwy, Suite 300 Las Vegas, NV 89119. Tel: (702) 361-3033 / (800) 785-PSTC Fax: (702) 433-1979
The Company had sales of $2,611,766 for the fiscal year ended August 31, 2015, compared to $1,334,127 during the fiscal year ended August 31, 2014, an increase of $1,277,639 or 95%. All of the sales are generated by Trade Leasing, Inc.; http://www.otcmarkets.com/stock/SVTE/financials
Quarterly Revenue based on audited SEC filings:
Q2 16 - $781,390
Q1 16 - $925,103
Q4 15 - $781,291
Q3 15 - $664,454
Q2 15 - $612,394
Q1 15 - $553,627
Q4 14 - ($36,228)
Q3 14 - $450,237
Q2 14 - $442,895
Q1 14 - $477,223
Service Team Inc. Business Model and Description:
Service Team (SVTE) acquired 100% of Delta Stag in June of 2013, and since that time has maintained a sustained growth of more than thirty percent (30%) per year. Delta Stag was run by Trade Leasing, Inc., a California corporation that was incorporated on November 1, 2011, and commenced business January 1, 2013. The Company is a manufacturer of commercial truck bodies/truck parts and offers custom modifications such as Refrigerated Truck Body; Dry Freight Cargo Body; Furniture Body; Refrigerated Cargo Van; Stake & Flat Beds; Refrigerated Cargo Trailers; in the Southern California area (Oceanside, Carlsbad, Vista, Fallbrook, Encinitas).
The company operates a complete manufacturing and repair facility in South Gate, California. The Company's customers are auto dealers and users of trucks; such as dairies, food distributors and local delivery. The company has approximately 400 customers.
The company is well diversified with only one customer, South Bay Ford, who represented more than 10% of sales in the last 12 months. The company is not dependent on a few major customers. Trade Leasing Inc. employs 23 factory workers and three management personnel. The management personnel make all of the sales and manage the factory. The company has all of the government licenses necessary to conduct its business.
Service Team (SVTE) offers its customers the following benefits:
• In house quality control over each stage of production.
• Large parts inventory and repair location can quickly return trucks to service.
• The latest in modern equipment to ensure consistent quality and reduce replacement costs.
• Multiple large production facilities to expedite orders and meet your customers needs.
• Exclusive Manufacture's Warranty.
Service Team Inc., effective September 1, 2015, leased new facilities at 1818 Rosslynn Avenue, Fullerton, California, to manufacture its products. The location consists of three acres of land and one building of approximately 30,000 square feet. The facility is approximately one-third larger than the prior facility in South Gate.
Service Team/Delta Stag website: http://www.deltastag.com/
Company Contact Info
18482 Park Villa Place
Villa Park, CA 92861
Website: http://www.serviceteaminc.net
Phone: (714) 538-5214