Replies to post #127815 on Supurva Healthcare Group Inc (SPRV)

[rawman]

It is also a fair point about time of transfer being so close to the end of the month, so the building may not have been recorded as an asset until April.

SORRY TO THROW WATER ON THEORY, but the accounting treatment of the building transaction would show a simultaneous transfer of the SPRV Preferred Series A shares and the transfer of the building property deed! These are not mutually exclusive activities.

If one were to buy a house, the house belongs to buyer the day the buyer signs the closing documents...not before, not after!

[Moving On]

Everything should show up next quarter. The PP&E line will include whatever they own at that time. The report will also include the rental income, expenses and depreciation etc..

The PR matches up with Palm Beach County Assessors records. I notice we keep hearing about the balance sheet. I have not heard of anyone contacting the Assessors Office or doing any real DD to back the claim that the deal somehow did not happen.