VILLA PARK, CA / ACCESSWIRE / July 28, 2017 / Robert L. Cashman, President of Service Team Inc. (OTC PINK: SVTE), announced that Service Team Inc. has discontinued negotiations to acquire MCV Companies Inc. In July of 2016, Service Team Inc. announced its intention to acquire MCV Companies Inc. Since that time, the management of Service Team Inc. has determined that MCV Companies Inc. is not a compatible acquisition for Service Team Inc. and has terminated the acquisition plan.
About Service Team Inc.:
Service Team Inc. is a fully reporting public company with its stock listed on the OTC PINK 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 steady growth.
Safe Harbor Statement:
Safe harbor from liability is 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.
Service Team Inc.
18482 Park Villa Place
Villa Park, California 92861
714-538-5214
Website: www.serviceteaminc.net
Website: www.deltastag.net
SOURCE: Service Team, Inc.