Thursday, May 06, 2021 11:04:35 AM
Here are the Jupiter, FL Commercial Real Estate listings. Based on theses comps 31,000 Square Feet is over $5 Million.
Which means NOTHING for SPRV! A dump is a dump, regardless of the city or the averages!
On March 11, 2021 SPRV purchased the Jupiter, Florida building for 10,000,000 SPRV shares, which would render the value at today's share price to be approximately $140,000. On the day the buyout was finalized, the SPRV share price closed at .0845, which might suggest a theoretic outlay of $845,000. Interestingly, the actual assumed value of the building will appear on the Balance Sheet of the Q1 financial report, which should be posted to OTC Markets within the next few days.
This may come as a shock, but there is NOT a real estate person on the face of the earth that would be dumb enough to advise selling a building purportedly worth $5,000,000 for the handsome sum of $845,000 in questionable company stock! Since SPRV shares were involved, the buyer, Superva Healthcare Group, would be required to pay an inflated price. Unfortunately, if the seller held the SPRV shares for any time at all, said seller has gotten killed by SPRV's share price drop.
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