Supurva Healthcare Group Inc (SPRV)

[DewmBoom]

$SPRV BREAKING NEWS.....HUGE VALUATION

I did some DD over the weekend about SPRV. I was astonished, and here is why:

If you look at the Delaware filing as shown below, they are paying a franchise tax of $56,986.30. There are two methods for paying a franchise tax in DE:

a. Based on authorized shares. Based on this method, the Franchise tax should be a flat $200,000 for SPRV.

b. Based on Market Asset and Valuation. Companies elect to use this method to save in Franchise Tax if it yield a lower tax. SPRV elected to use this method in order to reduce tax avoiding the first method. In order to pay a franchise tax of $56,986.30 using this method, the market asset of SPRV must be $140,000,000. That is 140 million dollars.

Using 140 million dollars as a market value, this will put the stock price at 0.007 using OS of 10 Billion Shares. Even if you use the entire AS, the pps would be at 0.0035.

Dewboom declared SPRV as his No. 3 Stock Pick for 2019, behind $JNA and $ONCI

https://icis.corp.delaware.gov/Ecorp/FranchiseTax/Filing.aspx?eId=181224093849862