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Uptick Newswire “Stock Day” Interviews CEO of Service Team on the Growth Opportunities in the Automotive Industry(December 27, 2017)
PHOENIX, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Uptick Newswire is the sole producer of the Uptick Network “Stock Day” Podcast and after airing back in January 2016 CEO and host Everett Jolly has interviewed hundreds of CEOs within the micro-cap publicly traded sector of the market bringing important updates to the investor community. Everett Jolly introduces the new Company with an informative introduction, “On today’s show I’m bringing you a brand new Company and they are just absolutely crushing it. Again, this is a real company with real product’s, they did 3.6 million in the fiscal year of 2017 and about 600k more than they did in 2016.” Stock Day welcomes Robert Cashman, CEO of Service Team, Inc. (OTCPink:SVTE) (the “Company”) who elaborates on his past business experience catching up the listeners on his established background that gives the Company a qualified CEO.
Mr. Jolly asks the question of how he has been able to maintain the 20% growth over the last 4 years and Mr. Cashman gives a detailed response on the Company’s unique transition of modifying trucks, the niche market that the Company is in with refrigerated trucks and the demographic demand that has been growing as of recently. He continues by discussing the growth in this niche market and the minimal competitors within the industry.
Mr. Jolly asks the question, “How do you see 2018 shaping up and what are your thoughts on that fiscal year?” Mr. Cashman answers with a strong statement, “I am changing the way that we are financing the Company. I have been financing it with convertible debt. I have the assets now and the funding I need to operate without it so we are not taking on any more convertible debt. We are hoping that will all wear off in the next thirty to sixty days and probably in seventy five days it will all be converted out and gone. I look at next year as about a 4 million dollar year in sales, growth of a half million from last year. I look for profit this year because our one time charges are used up and I look for substantial profit and hopefully we can use that to our advantage in a lot of areas.”
Finishing off the interview, Mr. Jolly talks about the Company’s large amount of stock in the market and Mr. Cashman touches upon his plan for the downsizing this side of the Company and convertible notes.
To listen to the full interview please click here or the following link: https://upticknewswire.com/featured-interview-president-robert-cashman-of-service-team-inc-otcpink-svte
About Uptick Newswire and the “Stock Day Podcast”
Uptick Newswire is a private company reaching out to the masses keeping investors and shareholders up to date on company news and bringing transparency to the undervalued, undersold, micro-cap stocks of the market and is the sole producer of the Uptick Network “Stock Day” Podcast. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire and has recently launched the Video Interview Studio located in Phoenix, Arizona with its new host Kathryn Donnelly. https://www.youtube.com/watch?v=kU5SVLp4org
Investors Hangout is a proud sponsor of Stock Day and Uptick Newswire encourages listeners to visit Service Team’s message board on: https://investorshangout.com/Service-Team-Inc-SVTE-91369/
About Service Team Inc.:
Service Team Inc. is a fully reporting public company with its stock listed on the OTC PINK under 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.
Safe Harbor Statement:
Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as its management ''believes,'' ''expects,'' ''anticipates,'' ''foresees,'' ''forecasts,'' ''estimates'' or other words or phrases of similar import. Similarly, statements herein that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Everett Jolly, CEO/Founder
10000 N. 31st Avenue C307
Phoenix, AZ 85051