Thanks for your reply. SPRV has been restructuring for at least a year. So, I don't see much of a bullish case based on either of these 2 disclosures that you refer to. However, it is clear that the company is continuing to file their disclosures and maintaining their current listing. The current management has a history here of failed attempts to run a business, though I thought the medical office building business attempt from a couple of years ago could have worked, though they seemed to give up on it. HLLK, also run by the same management team had a similar failure at the same time. Raises significant questions in my mind. However, this is the OTC, and the price can move for almost any reason. Go, good luck. In the end, what really matters for traders (and even investors) is the share price when bought and sold. Just remember the reverse split, which changed the risk reward parameters. I don't see a reverse split anytime soon, though.
Note too that they had a similar agreement mentioned in the supplemental information last year at about this time. They don't have any revenue, but still need cash.
As to my original question, my guess is that while it looks like a shell and acts like a shell, it probably isn't technically a shell, and I'm happy with that for the time being, though I didn't get an answer to my question.