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Friday, June 04, 2021 4:57:46 PM
The building was $14.1 Million not $13 M.
FACT!!! Yes, I do know how to read and interpret a Balance Sheet! SPRV itself values the building at $13,191,634. PERIOD!
If SPRV deemed the building's value to be higher, it would make the appropriate adjustment. As of December 31, 2020, SPRV showed minimal debt. Due to the supposed acquisition of 1094 Military Trail, SPRV now shows total debt obligations, including accrued interest and expenses, totaling $14,552,560.
LOL! What a joke! Acquire a building purportedly worth $14 million and take on $14 million in new debt! What's more, SPRV has dumped over 500 million new shares into the market, but shows less than $100,000 in cash on the Balance Sheet! What happened to the money????
FYI, THE 1094 MILITARY TRAIL ACQUISITION TRANSACTION SUCKS!
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