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  4. Service Team, Inc (SVTE) Message Board

The conversion of all the retired notes and most o

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Post# of 417
Posted On: 04/29/2016 8:18:26 PM
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Posted By: times2times2
Re: misiu143 #85
The conversion of all the retired notes and most of the little 18k loan has occurred already...I am just not sure if all the shares were sold on the open market already or if possibly the executing MMs shorted around the incoming new shares. I like to believe that "Learnigthetruth's" assumtion (from IHub) is correct and that just 1 M shares more will hit. Taht notion is supported by todays AH T-trade being just 250.000 shares....if so then monday it should be done with, then tuesday and wednesday retailers will observe still with caution and end of next week uninhibited trading begins, which with this low float (despite not too much attention) can gain traction.
Another week with consistent green days would attract more attention and buyers, so lets say after May 16th we could expect OTC momentum to develop....might lead into several pennies by EOM. For that we also need some reliable communication with the management that debt is gone (I do not expect the CEO to PR this, though)


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