Service Team's Growth Continues

New Post Public Reply Private Reply Replies (0) Message Board
wayno2
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.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Markel's Reinsurance Shift with $4.8B Deal: Strategic Move?

Updated Category News Views 132

Weaving Through Complex Insurance Terrain When Markel Insurance pulls a move on the chessboard that involves $4.8 billion in subject reserves, we better pay attention. The insurance bigwig has inked a reinsurance deal with Enstar. This plan, they say, will help them focus more on their specialty insurance game while tidying up the loose ends in their global reinsurance...

Continue Reading
Luxury Travel Spikes While Budget Trips Take a Hit

Updated Category News Views 61

Luxury Trips on The Uptrend Luxury travel is surging while budget trips are taking a backseat. According to Squaremouth's latest data, high-end getaways insured for a whopping $30,000 or more shot up by 27.2% in the third quarter of 2026 compared to the same time last year. In contrast, budget-friendly jaunts under $10,000 dipped by 2.3%. Travelers seem ready to splurge...

Continue Reading
Centrus Ships Centrifuges to Boost U.S. Uranium Capacity

Updated Category News Views 61

A Surge in Centrifuge Production This ain't exactly the kind of news you read over a breakfast special, but it's a biggie if you're watching the energy sector. Centrus Energy (NYSE: LEU) has just fired up the engines on their uranium enrichment expansion, shipping the first lot of their brand-spankin'-new centrifuges from Tennessee to Ohio. From here, they're looking to...

Continue Reading
New Era at Farah & Farah: Layla Farah Joins Firm

Updated Category News Views 143

Expanding the Family Legacy In the bustling city of Jacksonville, a fresh breeze has swept the corridors of the longtime legal fortress, Farah & Farah. Layla Farah, fresh off her swearing-in ceremony, has entered the ranks. It's not every day you see a purely family-driven outfit pulling together generations in such a dramatic way. Three kiddos now walking the halls of...

Continue Reading
Domino’s Faces Legal Heat: Investors' Eyes On DPZ

Updated Category News Views 115

Domino's Pizza Under the Legal Microscope Picture this, folks: Domino's Pizza (NASDAQ: DPZ) is caught in a legal whirlwind that might give its shareholders a rollercoaster of a read in the coming weeks. On the docket is a serious probe led by Johnson Fistel, a law outfit with quite the reputation for defending shareholder interests. The focus? Whether certain hot shots at...

Continue Reading
TIOmarkets App Unveils Enhanced Trading Features

Updated Category News Views 32

Trading on the Go Takes a Leap Forward Pretty slick development from TIOmarkets, if I do say so myself. They've rolled out a major expansion of their mobile trading app, now packing some hefty features like Depth of Market and more granular order controls right from those little devices in our pockets. Quite the leap if you're one of those folks who can't keep your eyes...

Continue Reading
Factory-Built Homes Take Center Stage in New Doc Short

Updated Category News Views 109

Housing is one of those things we all think we understand until we start peeling back the layers of its history, especially when factory-built homes are involved. Here's a new angle: Clayton has just released the teaser for their documentary short, "Built: A Story of Factory-Built Housing in America," and it's turning the lights on a sector that's often left in the...

Continue Reading
Maison Martell Bridging Artistry: Davido Meets Prince Gyasi

Updated Category News Views 10

Maison Martell Dances to a New Beat The world's oldest cognac house, Maison Martell, is mixing things up in a way that’ll make your typical whiskey-on-the-rocks seem like child’s play. They've snagged Afrobeat heavyweight Davido and renowned visual poet Prince Gyasi to spin a fresh narrative, one where melody and imagery play in harmony. While this ain't your usual...

Continue Reading
Wabi's $1.25B Valuation: A New Era for AI?

Updated Category News Views 24

A Major Milestone for Wabi Well, here we go—Wabi, the brainchild of Eugenia Kuyda, is stirring the pot with a massive $55 million funding round, pulling its valuation up to a hefty $1.25 billion. If you're raising eyebrows at that price tag, you’re not alone. It's a big number riding on an even bigger idea: that AI isn't just for solitary chats anymore, but for...

Continue Reading
kidSTREAM Museum Welcomes Carina Reeves as New CEO

Updated Category News Views 93

Carina Reeves Takes the Helm at kidSTREAM You know how it goes—sometimes you need fresh leadership to steer the ship. That's exactly what's happening over at kidSTREAM Children's Museum. They've appointed Carina Reeves as their President and CEO after a nationwide hunt. This ain't just another CEO shuffle; it marks a pivotal moment as kidSTREAM inches closer to its...

Continue Reading

Top 5 Most Recently Viewed Articles

Future Growth of the Silicone Market to Reach $33 Billion

Updated Category News Views 264

Silicone Market Forecast and Growth Factors The silicone market is on a robust growth trajectory, with an expected value exceeding USD 33,246.3 million by the end of this decade. This represents a compound annual growth rate (CAGR) of 5.2%, driven by increasing applications across various industries. These industries range from automotive, healthcare, and construction to...

Continue Reading
New PGCE Aims to Boost Confidence in Private Tutoring

Updated Category News Views 112

Shifting the Landscape of Private Tutoring Here's a turn of events: parents now have a new tool at their disposal to vet private tutors. The recently unveiled PGCE Tutoring by UWE Bristol aims to provide an added layer of confidence for families navigating the private tutoring market. Breaking the Myth of Tutor Qualifications Did you know a whopping 54% of UK adults think...

Continue Reading
Corbion Partners with KAS for Sustainable Astaxanthin Development

Updated Category News Views 162

Corbion Collaborates with Kuehnle AgroSystems on Natural Astaxanthin Corbion, a trailblazer in sustainable ingredient solutions, has embarked on an exciting partnership with the US-based Kuehnle AgroSystems (KAS). This collaboration is focused on the development of natural astaxanthin sourced from non-GMO heterotrophic algae through innovative fermentation methods....

Continue Reading
Li Auto Inc. reveals upcoming Q3 2024 earnings announcement

Updated Category News Views 122

Li Auto Inc. Set to Reveal Third Quarter 2024 Financial Results In a significant announcement, Li Auto Inc. (Nasdaq: LI; HKEX: 2015), a prominent player in the new energy vehicle sector of China, is preparing to release its financial results for the third quarter of 2024. This key update is expected to occur just before U.S. markets open on Thursday. Details of the...

Continue Reading
Natural Grocers® Unveils Exciting Non-GMO Chip Varieties

Updated Category News Views 279

Natural Grocers® Expands Offerings with New Chips Natural Grocers®, the leading family-operated organic and natural grocery retailer in the United States, is thrilled to announce the addition of three new varieties of non-GMO Peruvian chips to its product lineup. These chips are a fantastic testament to the company's ongoing commitment to providing high-quality,...

Continue Reading