Supurva Healthcare Group Inc (SPRV)

[dss19552002]

Actually, the building does matter as it is part of the business model. If they don't have a building, then they don't have a business. The numbers that you will care about if this is a true REIT is funds from operations, FFO. I don't expect to have any sense of what FFO will be from the Q1 report, as the building was acquired (I will accept that on face value for now - or that really they acquired the company that owned the building) in mid-March, so we may not have a sense of income from this property for another quarter. From 1 building, I don't expect the FFO to support a very high share price, this area might be considered fair value until they acquire more buildings. We'll see. The market will decide one way or the other.

The Q1 report will prove, one way or another, whether Suprva Healthcare owns the building or not.

Good luck.