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Re: cattbell1952 post# 131813

Thursday, 09/08/2022 2:50:48 PM

Thursday, September 08, 2022 2:50:48 PM

Post# of 132257
I'm not sure Lazy is the correct word. Some will use scammer, but I'll leave you to find the proper word. However, I would say he is indifferent to this company. Why do I say that? Looking at "Sir Murphy's" LinkedIn, he seems to have a day job which pays the bills, which is also at the Liverpool, NY address. The second reason is that with this company, and HLLK (I think), both had real estate deals last year which closed on the same day (the Jupiter, FL building for SPRV), and about a quarter later, both companies (within a couple of weeks) reversed the deals (for SPRV the reversion clause). He is "an expert" in real estate, but failed in both actions for the 2 companies. He should have known better, and while this is a small sample size, it does suggest that there may be a pattern here of failure. I think there were ways he could have made either of these transactions work. If, as suggested here, it was the bank who was responsible for the reversion clause here at SPRV, there were probably things Murphy could have done to make it work. I suspect there wasn't enough cash on hand, and that could have been solved by issuing more shares. Not great news for investors or traders, but it would have helped the company. That suggests that Mr. Murphy was indifferent, or that someone who had the power (Strickland) didn't want the transactions to go forward.