Tuesday, June 26, 2018 8:13:05 AM
Company Also Announces Discussions With Experienced Management Team
https://app.newmediawire.com/news/5b317c587865900004a122e4?source=twitter
Denver, CO - (NewMediaWire) - June 26, 2018 - Supurva Group, Inc. (a.k.a Supurva Healthcare Group, Inc.) (OTC PINK: SPRV) (the "Company"), is pleased to announce that the Company is dramatically changing its strategic focus and will seek to enter into the “Last Mile Delivery” sector. The Company has identified a suitable acquisition target and discussions are ongoing. The prospective business combination would include an existing last mile delivery operation and a service agreement with Amazon, Inc. to conduct the “last mile” of delivery in the San Francisco Bay area, Oakland, Sacramento and San Jose, California markets. The Company has also put forward a plan to appoint new management to oversee the new strategy and direction of the Company.
Key highlights of the target company since 2016 include;
10 Million small and medium sized packages delivered annually.
$16.2 Million in recorded annual revenue for 2017.
165 plus fleet vehicles to include Less Than Load (LTL), cargo vans, and private vehicles.
Grown from 5 to 300 full-time and part-time employees.
The target company continues to build partnerships and business relationships with national organizations in the transportation, fleet management, and staffing agency sectors to ensure sustainable long-term growth.
As part of the change in strategic focus, the Company will be appointing new Directors to the Board and making additions to management.
The Company expects to sign a letter of intent and close the transaction in the coming weeks.
The Company looks forward to sharing future developments with its shareholder base in a timely manner.
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM