Magnificent Update (June 3rd 2016):Service Team Inc.

New Post Public Reply Private Reply Replies (0) Message Board
times2times2
Magnificent Update (June 3rd 2016):Service Team Inc. Reports Record Record Sales [Accesswire]http://finance.yahoo.com/news/team-inc-reports-record-sales-110000918.html
VILLA PARK, CA / ACCESSWIRE / June 3, 2016 / Robert L. Cashman, President of Service Team Inc. (SVTE) announced that Service Team Inc. is continuing its practice of reporting positive results for the three month period ending May 31, 2016. Service Team Inc. has reported a steady growth in sales every Quarter since acquiring Trade Leasing Inc. dba Delta Stag Mfg in June 2013. This Quarter makes the 13th successive Quarter with an increase in sales every Quarter.
For the Quarter ending May 31, 2016 the company is reporting sales of $800,216, compared to the prior Quarter of $709,520. The same Quarter last year had sales of $625,837.
Overall performance for the nine months year to date totaled sales of $2,372,448 compared to the nine month period of the prior year of $1,876,415 or, an increase of Twenty-six percent (26%).
The company has now expensed all of the moving costs and has maintained break even or better profitability during this period.
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."

Great PR/Update (May 27th): 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) 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

3) 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.

Service Team, Inc (SVTE) Stock Research Links

SVTE Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Epsilor Launches Cutting-Edge 6T Battery for Military Use

Updated Category News Views 1

A Big Leap for Military Power on the Go Seems like Epsilor just raised the stakes in the military tech race with their latest 6T battery, a piece of kit boasting some serious muscle at 4,400Wh with 174Ah thrown in for good measure. Serving up a military-grade solution where endurance and performance are necessities, they've entered production just in time for the...

Continue Reading
Veteran Suicide Prevention: The Urgency Behind CVN's Push

Updated Category News Views 1

Veteran suicide is a crisis staring us square in the face, with rates 60% higher than the general population. It's a grim reminder that the mental toll on those who've served is a deep chasm hard to bridge. Cohen Veterans Network (CVN) is stepping up to the plate with a new campaign dubbed 'Ask Anyway: Conversations to Save a Life'. This isn't just any awareness...

Continue Reading
Hyperscale Recalibrates: AI Boom or Risky Bet?

Updated Category News Views 2

Is Hyperscale Making the Right Move? Hyperscale Data, Inc. waved goodbye to the Bitcoin mining days to clear the stage for artificial intelligence (AI). But is this strategic leap off the blockchain and into AI territory as golden as promised? Whisper around the street is it could turn into a $3 billion windfall. But let's chew through the details before toasting...

Continue Reading
UNISORB Expands Reach with BILZ Acquisition

Updated Category News Views 0

UNISORB Acquisition: A Game-Changer for Industrial Solutions This ain't the first time a company took over another to expand its footprint, but UNISORB's latest move to scoop up BILZ-USA is worth a closer look. Everybody's talking about this takeover that throws UNISORB right into the spotlight of North America's industrial sector. Naming them the exclusive distributor of...

Continue Reading
AEC Firms Revamp Strategies Amid Talent Tug-of-War

Updated Category News Views 2

The State of Compensation in AEC Sit back and chew on this—AEC firms are playing a whole new ball game when it comes to compensating their talent. FMI Corporation’s 2026 Compensation Trends Study is putting a spotlight on what really goes on behind the scenes in architecture, engineering, and construction firms. This is about more than just tossing some coin for a...

Continue Reading
Lindian's Bold Leap into Rare Earths Processing

Updated Category News Views 1

Changing the Game in Rare Earths When Lindian Resources announces a partnership, it's not just window dressing. This time, they've linked arms with Carester SAS for a hefty venture into oxide separation. The scope? An 8,000-tonne REO facility in Kazakhstan, a place already stamped as a geological treasure chest. We're staring at what could potentially be a new dawn for...

Continue Reading
Empirik.ai's $21M for AI in Infrastructure Revolution

Updated Category News Views 6

AI-Powered Infrastructure Takes the Stage Well, here's a tech gambit going full steam: empirik.ai just hit the digital scene with a $21 million war chest. Fresh out of the stealth shadows, they've got big names like Sequoia Capital, S32, Canapi Ventures, and Alumni Ventures stamping their ticket. What's the fuss? They're rolling out the first AI agent designed to...

Continue Reading
ZPMC Names Two New 38,000 DWT Vessels for Chipolbrok

Updated Category News Views 5

Navigating Uncharted Waters with New Vessels Some days, you see a giant leap in an industry and think, "Well, someone's got ambition." Here, we're talking about ZPMC's gutsy naming ceremony for two spanking new 38,000 DWT multipurpose heavy-lift ships destined for Chipolbrok, happening fresh off the docks in Shanghai. Specifications That Make Waves Imagine a vessel the...

Continue Reading
BlueSky Enters Nashville: In-Home Vet Care Begins

Updated Category News Views 4

Nashville Welcomes A New Wave of Pet Care In a world where convenience is king, BlueSky At-Home Veterinary Care is stepping up to the plate—or should I say, doorstep—by rolling out its fresh take on veterinary services in Nashville. Kicking off on September 15, 2026, this isn't just any ol' run-of-the-mill clinic opening. We're talking about vets coming straight to...

Continue Reading
CGX Hits Big Stage with New Obstacle Racing Shoes

Updated Category News Views 0

A Bold Step into Obstacle Racing Today, CGX is shaking things up in the world of obstacle racing. The Chinese footwear brand launched its CGX&OCR R1010 and R1020 shoes right at the UIPM 2026 Obstacle World Championships in Beijing. Talk about a grand entrance. Targeting high-stakes international competition, these shoes are set to redefine how athletes tackle those...

Continue Reading

Top 5 Most Recently Viewed Articles

Theratechnologies Inc. Delivers Financial Insights for Q2 2025

Updated Category News Views 150

Theratechnologies Inc. Reports Q2 2025 Financial Highlights MONTREAL — Theratechnologies Inc. (THTX), a biopharmaceutical company, has released its financial results for the second quarter of fiscal year 2025. The company reported remarkable total revenue of $17.7 million for the quarter and a combined revenue of $36.8 million for the first half of this fiscal year....

Continue Reading
404human.ai Unveils ArcOS: A Game-Changer in AI Technology

Updated Category News Views 184

Introducing ArcOS: A Revolutionary AI Operating System 404human.ai has recently made waves in the technology industry with the launch of ArcOS, an innovative operating system that represents a breakthrough in artificial intelligence. Unlike conventional operating systems, ArcOS utilizes a revolutionary approach through Symbolic Intelligence, allowing it to integrate with...

Continue Reading
SourceAmerica's Campaign for Workplace Inclusion Shines Bright

Updated Category News Views 49

SourceAmerica's push for worker inclusion hit hard this October during National Disability Employment Awareness Month (NDEAM), spotlighting a grim reality: nearly 63% of people with disabilities aged 16 to 64 remain unemployed. Yeah, you heard right—over half these folks are still on the sidelines while industries scramble for talent. SourceAmerica’s theme, "True...

Continue Reading
Exploring the Aging with the Experts Podcast by ALCA

Updated Category News Views 158

Aging Life Care Association® Launches Innovative Podcast The Aging Life Care Association (ALCA) is thrilled to announce the introduction of its new podcast series, titled Aging with the Experts. This initiative is dedicated to providing older adults, their families, and professionals in the field with valuable knowledge and support as they navigate the complexities...

Continue Reading
South Reach Networks Expands Fiber Network to Boost Connectivity

Updated Category News Views 251

Exciting Developments in Fiber Network Infrastructure In the ever-evolving world of telecommunications, one company is taking significant strides in enhancing connectivity across Florida. South Reach Networks (SRN), a prominent player in the fiber optic landscape, is excited to announce substantial expansions to its fiber optic network, ensuring robust and reliable...

Continue Reading