NOTE 1 - ORGANIZATION
Service Team Inc. (the Company) was incorporated pursuant to the laws of the State of Nevada on June 6, 2011. The Company intends to commence business operations by servicing and repairing electrical appliances to fulfill the warranty obligations of manufacturers and insurance companies. The Company is currently considered a development stage company. As a development stage enterprise, the Company discloses the deficit accumulated during the development stage and the cumulative Statements of Operation and Cash Flows from inception to the current Balance Sheet date. An entity remains in the development stage until such a time as among other factors revenues have been realized. To date, the development stage of the Companys operations consist of developing the business model, marketing concepts and beginning sales efforts.
The Company has established a fiscal year end of August 31.