Supurva Healthcare Group Inc (SPRV)

[dss19552002]

They are actually required to enter that information about the shares. However, they aren't required to update the balance sheet if the event occurred in the subsequent quarter. When they issue shares, they have to report that and update the quarterly report if I understand the rules correctly from what I've read. When the deal is finalized, I think they have to report that, but they don't have to provide a new balance sheet until the Q2 report. He may have a point about the transaction timing, but the quarterly report is poorly written, as it should have mentioned that in the report if the transaction was completed after the end of the quarter.