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DJ Ponder

01/08/24 11:54 AM

#132101 RE: mwab52 #132100

OH JOY!
Another strickland restructure!
SHOCKER.
NO WAY I would ever entertain such a foolish notion… not even with FOUND MONEY.

Reading from the Quarterly Filings 11/6/23 and the Supplemental Statement Filed 1/3/24 (SPRV) is under (Restructuring) program. (SPRV-Ceo) is looking for possible Merger, Acquisition and Recapitalization. I like the Risk to Reward at this price. So i will be adding to my positions 1/8/24..jmo..Welcome to the (New otc market).GLTY. Go (SPRV)


That would be like buying POS hesg.

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dss19552002

01/08/24 12:47 PM

#132102 RE: mwab52 #132100

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.
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VeronicaFox

01/09/24 3:23 AM

#132103 RE: mwab52 #132100

One 999,999 share trade @ $.00015 on 01/08/24.
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DJ Ponder

01/16/24 8:40 AM

#132114 RE: mwab52 #132100

Hey mwab - Buy it up.
Charge the stock on your credit cards.
Spend the rent on sprv!
Just do it.
Just you.