Desperate times calls for desperate measures, when an OTC Pump & Dump is flailing!
This morning's PR is EXACTLY THE SAME PR distributed by SPRV on MARCH 15, 2021. With no news, old news will have to suffice!
Liverpool, New York (March 15, 2021) Supurva Healthcare Group, Inc. is proud to announce that the Company has acquired its first medical office building in Jupiter, Florida. John D. Murphy, the Company’s CEO commented, “with the Company’s acquisition of a free standing medical office building, the Company is well positioned to becoming a leader in the fast growing medical office building sector.”
Liverpool, New York,--(Newsfile Corp. - May 6, 2021) - Supurva Healthcare Group, Inc. (OTC Pink: SPRV) is proud to announce that the Company has acquired its first medical office building in Jupiter, Florida. John D. Murphy, the Company's CEO commented, "with the Company's acquisition of a free-standing medical office building, the Company is well positioned to becoming a leader in the fast-growing medical office building sector."
How many "FIRST" medical office buildings is Murphy planning to promote during the current on-going SPRV Pump & Dump!
FYI, this may come as a revelation, but Murphy included the following in the SPRV's most recent financial report:
On March 11, 2021, the Company completed its Agreement of Merger and Plan of Merger regarding the acquisition of 1094 Military Trail, LLC (which is located in Jupiter, Florida). The Company issued 10,000,000 shares (which have a current value of $142,000) of its common stock in exchange for 100% of the ownership shares of the acquired Company. The acquisition will be accounted for as a purchase and 1094 Military Trail, LLC will be a 100% wholly owned subsidiary of the Company. The Company also issued 5,000,000 Series A preferred shares a part of the transaction.
Yes indeed, the "FIRST" MOB acquistion is VERY OLD NEWS, since the terms of the deal were included as a March 11, 2021 Subsequent Event in the most recent SPRV financial report. Given the current book value of the building, it looks to be a dump!
BTW, who received the 5,000,000 Series A preferred shares associated with the transaction??? The recipient garnered a substantial block of share-equivalent votes, which in turn gives subject Series A preferred stockholder significant leverage in controlling SPRV.