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  4. Service Team, Inc (SVTE) Message Board

Including yesterday I made 4 efforts to call the C

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Post# of 417
Posted On: 07/12/2016 6:44:01 PM
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Posted By: times2times2
Including yesterday I made 4 efforts to call the CEO since I personally talked to him 3 months back...he must have figured out that retailers since our peak in May are the ones calling, so now instead of a personal greeting or picking up himself its just his voice stating the phone nr. and suggesting to leave a message. He probably, has a second line for the business and this line now pro forma, only.

When I talked to him end of april he empathized that he had been counceled to limit his communication to in-calling retailers, due to misinterpretations. We all called with a multitude of comments and questions and someone in his company who (unlike him) follows the pps and postings here apparently saw accusations posted that he misleads investors and discloses fishy stuff. He said all was disclosed in the last ER and PR and that due to legal advice he can't say more. He seemed open, a bit naive about OTC markets, 100% hands-on business man, and not manipulative or arrogant. He confirmed that previous loans were solely taken to accomplish the relocation and that generally no loans other than the disclosed ones should be needed. I believe there was mentioning only of an additional ~38K to be convertible if not paid back later in July (can anyone here confirm/recall that pleas????). So that could be what we have been dealing with, lately. However, my biggest concern are still the terms of the acquisition.


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