SVTE .0066/.0075 loading zone Share Structure/Revenues/Business Model/Updates
http://www.serviceteaminc.net/
Share Structure (per TA) as of close 05/06/2016
Issued and Outstanding: 96,905,615
Restricted: 8,439,296
Float 88,466,319 unchanged all week, minor dilution done
Authorized: 500,000,000
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%. http://www.otcmarkets.com/stock/SVTE/financials
Revenue based on audited SEC filings
Annual Revenue:
10K 2015 = $2.6 mln
10K 2014 = $1.3 mln
Quarterly Revenue:
Q2 16 - $781,390; Note: This Q's revenue was reduced by changing into larger facility, backlog will boost next Q)
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
Important -The company has retired the following convertible notes: Vis Veres Group $38,000, JMJ Financial Group $27,778, L.G. Capital $26,500, Tangiers Capital Group $55,000 and U.S. Affiliated, Inc. $14,315. http://finance.yahoo.com/news/team-inc-moves-...28388.html
These small loans were primarily taken due to change of facility.
Service Team Inc. Business Model and Description:
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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).
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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.
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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.
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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.
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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.
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Company Contact Info
18482 Park Villa Place
Villa Park, CA 92861
Website: http://www.serviceteaminc.net
Phone: (714) 538-5214
Delta Stag website: http://www.deltastag.com/
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SVTE - NEWS 4/26/2016
VILLA PARK, CA -- (Marketwired) -- 04/26/16 -- Robert L. Cashman, President of Service Team Inc. (OTC PINK: SVTE), announced today that Service Team Inc. has completed the relocation of its manufacturing facility to Fullerton California.
Service Team Inc., effective September 1, 2015, leased new facilities at 1818 Rosslynn Avenue, Fullerton, California, to manufacture its products. The Company moved from 10633 Ruchti Road, South Gate, California to its new location effective October 1, 2015. The new facility is leased for six and one half years at a price of $10,000 per month, for the first six months; and, $14,000 per month thereafter. Service Team Inc. pays for the fire insurance and property taxes on the building estimated to be approximately $2,000 per month. 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. The new facility gives us 30% more in manufacturing and outside storage area. This larger and newer facility will allow the company to continue to expand.
The company has now expensed all of the cost for moving to the new location and is back in full production.
Mr. Cashman stated that "The company has retired the following convertible notes." Vis Veres Group $38,000, JMJ Financial Group $27,778, L.G. Capital $26,500, Tangiers Capital Group $55,000 and U.S. Affiliated, Inc. $14,315.
We look forward to continued growth and profitability in the future. Our future plans are to continue to expand our present business and grow through acquisitions.
About Service Team Inc.:
Service Team Inc. is a fully reporting public company with its stock listed on the OTCPINK using the symbol SVTE. The Company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc. 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.
http://finance.yahoo.com/news/team-inc-moves-...28388.html
NEWS 06/30/2015
Service Team Inc. Reports Record Sales VILLA PARK, CA / ACCESSWIRE / June 30, 2015 / Robert L. Cashman, President of Service Team Inc. (SVTE), announced today that Service Team Inc. is continuing its practice of reporting positive results for the three month period ending May 31, 2015. The company reported sales of $709,520 and a net profit of $56,413. This compares to the same period last year with sales of $450,237; an increase of fifty-eight percent (58%) over the prior period. Overall performance for the nine months year to date totaled sales of $1,876,415 compared to the nine month period of the prior year of $1,340,755; or, an increase of thirty-nine percent (39%).
The company has now expensed all of the organization and acquisition cost of acquiring Trade Leasing Inc. and is projecting annual sales of 2.6 million dollars with profits in excess of $200,000 for the year ending August 31, 2015.
Mr. Cashman further stated, "This phenomenal growth is attributed to an outstanding team of dedicated employees. We look forward to continued growth and profitability in the future."
About Service Team Inc.:
Service Team Inc. is a public company with its stock listed on the OTCQB using the symbol SVTE. The Company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc. 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
[Suppressed Image]
http://www.serviceteaminc.net/
Share Structure (per TA) as of close 05/06/2016
Issued and Outstanding: 96,905,615
Restricted: 8,439,296
Float 88,466,319 unchanged all week, minor dilution done
Authorized: 500,000,000
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%. http://www.otcmarkets.com/stock/SVTE/financials
Revenue based on audited SEC filings
Annual Revenue:
10K 2015 = $2.6 mln
10K 2014 = $1.3 mln
Quarterly Revenue:
Q2 16 - $781,390; Note: This Q's revenue was reduced by changing into larger facility, backlog will boost next Q)
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
Important -The company has retired the following convertible notes: Vis Veres Group $38,000, JMJ Financial Group $27,778, L.G. Capital $26,500, Tangiers Capital Group $55,000 and U.S. Affiliated, Inc. $14,315. http://finance.yahoo.com/news/team-inc-moves-...28388.html
These small loans were primarily taken due to change of facility.
Service Team Inc. Business Model and Description:
[Suppressed Image]
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).
[Suppressed Image]
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.
[Suppressed Image]
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.
[Suppressed Image]
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.
[Suppressed Image]
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.
[Suppressed Image]
Company Contact Info
18482 Park Villa Place
Villa Park, CA 92861
Website: http://www.serviceteaminc.net
Phone: (714) 538-5214
Delta Stag website: http://www.deltastag.com/
[Suppressed Image]
[Suppressed Image]
SVTE - NEWS 4/26/2016
VILLA PARK, CA -- (Marketwired) -- 04/26/16 -- Robert L. Cashman, President of Service Team Inc. (OTC PINK: SVTE), announced today that Service Team Inc. has completed the relocation of its manufacturing facility to Fullerton California.
Service Team Inc., effective September 1, 2015, leased new facilities at 1818 Rosslynn Avenue, Fullerton, California, to manufacture its products. The Company moved from 10633 Ruchti Road, South Gate, California to its new location effective October 1, 2015. The new facility is leased for six and one half years at a price of $10,000 per month, for the first six months; and, $14,000 per month thereafter. Service Team Inc. pays for the fire insurance and property taxes on the building estimated to be approximately $2,000 per month. 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. The new facility gives us 30% more in manufacturing and outside storage area. This larger and newer facility will allow the company to continue to expand.
The company has now expensed all of the cost for moving to the new location and is back in full production.
Mr. Cashman stated that "The company has retired the following convertible notes." Vis Veres Group $38,000, JMJ Financial Group $27,778, L.G. Capital $26,500, Tangiers Capital Group $55,000 and U.S. Affiliated, Inc. $14,315.
We look forward to continued growth and profitability in the future. Our future plans are to continue to expand our present business and grow through acquisitions.
About Service Team Inc.:
Service Team Inc. is a fully reporting public company with its stock listed on the OTCPINK using the symbol SVTE. The Company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc. 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.
http://finance.yahoo.com/news/team-inc-moves-...28388.html
NEWS 06/30/2015
Service Team Inc. Reports Record Sales VILLA PARK, CA / ACCESSWIRE / June 30, 2015 / Robert L. Cashman, President of Service Team Inc. (SVTE), announced today that Service Team Inc. is continuing its practice of reporting positive results for the three month period ending May 31, 2015. The company reported sales of $709,520 and a net profit of $56,413. This compares to the same period last year with sales of $450,237; an increase of fifty-eight percent (58%) over the prior period. Overall performance for the nine months year to date totaled sales of $1,876,415 compared to the nine month period of the prior year of $1,340,755; or, an increase of thirty-nine percent (39%).
The company has now expensed all of the organization and acquisition cost of acquiring Trade Leasing Inc. and is projecting annual sales of 2.6 million dollars with profits in excess of $200,000 for the year ending August 31, 2015.
Mr. Cashman further stated, "This phenomenal growth is attributed to an outstanding team of dedicated employees. We look forward to continued growth and profitability in the future."
About Service Team Inc.:
Service Team Inc. is a public company with its stock listed on the OTCQB using the symbol SVTE. The Company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc. 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
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