Service Team's Growth Continues http://finance.y
Post# of 102726
Posted On: 05/29/2016 7:31:21 PM
Service Team's Growth Continues
http://finance.yahoo.com/news/teams-growth-co...00143.html
VILLA PARK, CA / ACCESSWIRE / May 27, 2016 / Robert Cashman President of Service Team, Inc. (OTC: SVTE) announced today that, "Moving to the new location Fullerton California has enabled Service Team, Inc. to in increase its production of both dry freight and refrigerated bodies. The company's work in process has doubled since our move to the new facility."
"We have a work load of more than 60 vehicles at our location at this time. Recently we entered into an agreement with a local truck dealer to supply over 60 vans in the next 120 days. This order is in addition to our normal production of one per day."
"We have already started the production of the 60 units and will continue to complete the vans as they are received from the Ford assembly plant."
For more information, review MCV Companies, Inc.'s web site at: www.mcvcompanies.com and Service Team Inc.'s (dba Delta Stag) web site at: www.deltastag.net.
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.
The 4 keys to a wise investment decision:
1) Tiny Float: 94M (102M O/S)
2) Quarterly Revenue based on audited SEC filings:
Q2 16 - $781,390 (Note: Note: This Q's revenue was reduced by moving to 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
3) Previous convertible loans in the small amount of ~$150k were taken solely because of moving costs into larger facility. 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.
VILLA PARK, CA--(Marketwired - April 26, 2016) - http://finance.yahoo.com/news/team-inc-moves-...28388.html
4) Service Team, Inc. Announces Acquisition [Acceswsire] May 23, 2016 http://finance.yahoo.com/news/team-inc-announ...00902.html
VILLA PARK, CA / ACCESSWIRE / May 23, 2016 / Robert L. Cashman, President of Service Team Inc. (SVTE), announced today that Service Team Inc. has entered into an Agreement to acquire MCV Companies, Inc. It is expected that the necessary steps to complete the acquisition will be finished in the next 30 days.
MCV Companies, Inc. is a full service general contractor with revenue in excess of $2,000,000 in the year 2015. The Company builds room additions, remodels, landscaping and custom home designs. MCV Companies, Inc. has a staff of experienced professional builders to complete quality projects.
Virgil Enriquez, President of MCV Companies, Inc. stated: "I'm excited about being associated with Service Team Inc. This relationship will enable MCV Companies, Inc. to expand its market. The Company anticipates significant growth over the next several years."
Service Team Inc. located at 1818 Rosslynn Avenue, Fullerton, California, will provide additional information on the acquisition of MCV Companies, Inc. when it is completed in June of 2016.
For more information, review MCV Companies, Inc.'s web site at: www.mcvcompanies.com and Service Team Inc.'s (dba Delta Stag) web site at: www.deltastag.net.
SUMMARY TO BUSINESS EXPANSION
SVTE will own two branches:
1) MCV Companies, a full service general contractor with annual revenue in excess of $2,000,000 (2015). The Company builds room additions, remodels, landscaping and custom home designs. MCV Companies, Inc. has a staff of experienced professional builders to complete quality projects.
2) Delta Stag with annual revenue in excess of $2,600,000 (2015) also maintaining a sustained growth of more than thirty percent (30%) per year. 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.
Its a true "SERVICE TEAM" now covering large parts of the Southern California area.
http://finance.yahoo.com/news/teams-growth-co...00143.html
VILLA PARK, CA / ACCESSWIRE / May 27, 2016 / Robert Cashman President of Service Team, Inc. (OTC: SVTE) announced today that, "Moving to the new location Fullerton California has enabled Service Team, Inc. to in increase its production of both dry freight and refrigerated bodies. The company's work in process has doubled since our move to the new facility."
"We have a work load of more than 60 vehicles at our location at this time. Recently we entered into an agreement with a local truck dealer to supply over 60 vans in the next 120 days. This order is in addition to our normal production of one per day."
"We have already started the production of the 60 units and will continue to complete the vans as they are received from the Ford assembly plant."
For more information, review MCV Companies, Inc.'s web site at: www.mcvcompanies.com and Service Team Inc.'s (dba Delta Stag) web site at: www.deltastag.net.
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.
The 4 keys to a wise investment decision:
1) Tiny Float: 94M (102M O/S)
2) Quarterly Revenue based on audited SEC filings:
Q2 16 - $781,390 (Note: Note: This Q's revenue was reduced by moving to 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
3) Previous convertible loans in the small amount of ~$150k were taken solely because of moving costs into larger facility. 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.
VILLA PARK, CA--(Marketwired - April 26, 2016) - http://finance.yahoo.com/news/team-inc-moves-...28388.html
4) Service Team, Inc. Announces Acquisition [Acceswsire] May 23, 2016 http://finance.yahoo.com/news/team-inc-announ...00902.html
VILLA PARK, CA / ACCESSWIRE / May 23, 2016 / Robert L. Cashman, President of Service Team Inc. (SVTE), announced today that Service Team Inc. has entered into an Agreement to acquire MCV Companies, Inc. It is expected that the necessary steps to complete the acquisition will be finished in the next 30 days.
MCV Companies, Inc. is a full service general contractor with revenue in excess of $2,000,000 in the year 2015. The Company builds room additions, remodels, landscaping and custom home designs. MCV Companies, Inc. has a staff of experienced professional builders to complete quality projects.
Virgil Enriquez, President of MCV Companies, Inc. stated: "I'm excited about being associated with Service Team Inc. This relationship will enable MCV Companies, Inc. to expand its market. The Company anticipates significant growth over the next several years."
Service Team Inc. located at 1818 Rosslynn Avenue, Fullerton, California, will provide additional information on the acquisition of MCV Companies, Inc. when it is completed in June of 2016.
For more information, review MCV Companies, Inc.'s web site at: www.mcvcompanies.com and Service Team Inc.'s (dba Delta Stag) web site at: www.deltastag.net.
SUMMARY TO BUSINESS EXPANSION
SVTE will own two branches:
1) MCV Companies, a full service general contractor with annual revenue in excess of $2,000,000 (2015). The Company builds room additions, remodels, landscaping and custom home designs. MCV Companies, Inc. has a staff of experienced professional builders to complete quality projects.
2) Delta Stag with annual revenue in excess of $2,600,000 (2015) also maintaining a sustained growth of more than thirty percent (30%) per year. 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.
Its a true "SERVICE TEAM" now covering large parts of the Southern California area.
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