Replies to post #1715 on Supurva Healthcare Group Inc (SPRV)

[Waverider110]

I assume that the BOD

appointed him. He has personal assets that should not be put at risk with a company that could be sued by legions of ruined shareholders if it were a scam.

No, I think the risk is not being in WRNW. David Rees would not take the job of CEO if it were not a HUGH opportunity- and not a huge risk. There must be many other things that he could do and protect his personal assets.

[gooch72]

Before starting my own practice, I worked for two guys that built a small software company that grew from 40 to 170 in two years. They were engineers who decided managing 150+ employees wasn’t as easy as running a 40 employee company…so, hired a CEO to take over while remaining board members retaining 51% of the company. It happens all the time. I wouldn’t be shocked if the Earls (I&II) still own a large chuck of this company.

We really don’t know who sold the shares. It could have been to raise cash to pay for the new leases, as Earl II mentioned to someone on this board a few weeks ago.

Daddy needs a new pair of shoes,

Gooch