Replies to post #128316 on Supurva Healthcare Group Inc (SPRV)

[rawman]

Why were the 5 Million Preferred Shares issued?

I suggest asking the Company! SPRV's statement regarding the 5 million preferred Series A shares said NOTHING, which is why I previously asked the same question.

1. What role did the 5,000,000 preferred Series A shares play in the transaction? Where are the transaction details???

On March 11, 2021, the Company completed its Agreement of Merger and Plan of Merger regarding the acquisition of 1094 Military Trail, LLC. The Company issued 10,000,000 shares 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 acquisition.

The above quote from the SPRV Annual Financial Report provides NO SUPPORT for the contention the 5 million shares were required to close the deal! The 100% ownership shares were purportedly acquired for 10 million SPRV common stock shares. PERIOD!

It seems SPRV should cut its constant load of BULLSHIT and tell the investors what is actually going on. The need to ask the question is the perfect indictment of SPRV's load of crap!

THANKS FOR ASKING!!

[rawman]

If the Merger was Finalized on or after April 1. 2021 that blows up the entire theory. Clearly it was not done by March 31st.

NOT A CHANCE! LET'S SKIP THE UNSUPPORTED SUPPOSITION! SPRV ITSELF CLEARLY SHOWS THE MERGER WAS ACCOMPLISHED PRIOR TO THE END OF Q1. WANT PROOF??? THE FOLLOWING STATEMENT CAN BE FOUND UNDER NOTE-1 ON PAGE 14 OF THE Q1 CONSOLIDATED FINANCIAL REPORT!

The consolidated financial statements include the accounts of Supurva Healthcare Group, Inc. AND its subsidiary, 1094 Military Trail, LLC.

YEP, PER THE COMPANY, IT IS A COMBINED FINANCIAL REPORT, WHICH WOULD NOT HAPPEN IF THE MERGER/ACQUISITION WERE NOT FINALIZED ON OR BEFORE MARCH 31, 2021!