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Re: ka ching post# 112503

Saturday, 08/31/2019 8:36:22 AM

Saturday, August 31, 2019 8:36:22 AM

Post# of 132257
What "decent" company would ever consider merging with this non-reporting Pinkyland pond scum?

Hopefully we get a merger


1. SPRV is 3 years behind in disclosing its financial condition via any form of financial report.

2. It is not registered with the SEC.

3. One individual, Director Paul Strickland, has voting control of the Company.

4. There are 14 BILLION Outstanding shares.

5. Inherently, due to the nature of running a capital intensive fleet operation, it is very likely SPRV is loaded with a mountain of debt.

6. Given ONLY ONE new delivery hub in more than a year, SPRV is obviously having difficulties in finding a way to expand.

7. Based on the Company's package delivery volumes, which were publicly disclosed via a PR on November 14, 2018, it is likely revenues are flat or declining.

8. SPRV has no "uniqueness", no IP, no patents, and no differentiating processes or technologies.

9. The last mile delivery industry space is already saturated and only growing a 10% per year. What's more, the space is dominated by large players, such as FedEx, UPS, the USPS, TForce Final Mile, J.B. Hunt for large items, and Amazon's own delivery network.

10. And of course the coup de gras is SPRV's wholly-owned subsidiary, On Courier 365, is facing a potentially debilitating financial disaster, based on the final outcome of the U.S. Department of Labor's class-action lawsuit. The lawsuit's final outcome for violations of the Fair Labor Standards Act (FSLA) will probably be known within 8 to 9 months. The trial, if there is no earlier settlement, is set for April 2020. Forgetting the cases ultimate outcome, the litigation costs, i.e. attorney's fees, are already hammering SPRV.

The only likely merger partner for SPRV would likely be just another similar Pinkyland slug, maybe something like former SPRV CEO Bobo "THE CLOWN" Linton's KGET or Clay Frank's BAYP (the Company that bought Lil Rod's car wash) or the Bryan Wayne Geer/Paul Strickland dandy EHOS! BTW...each of these fine merger candidates has basically been sitting at "NO BID" for months or even years!