Replies to post #15236 on Supurva Healthcare Group Inc (SPRV)

[DERBENSKI]

bigthc

WRNW is a pink sheet company.

With a filing company you don't find out many things until post fact. That is like going to Vegas and playing blackjack, you get to see one of the dealers cards. The rest you can only speculate and assume what might be going on.

Now with a pink sheet company that does no filing, it is like playing blackjack and not being able to see any cards that the dealer may be holding.

Therefore when dealing with a pinky a lot more effort must be expended to find out the real deal. Based on the PR yesterday, we suddenly find out the deal has changed.

Now we are playing poker, you have two cards and the dealer is deciding what the other three cards are going to be. Not exactly the investors cup of tea here. They are promising audited financial by the end of the year. Naturally they could put out interm unaudited financials but chances are that will never happen.

Now as I recall on Thursday, someone was headed to the courthouse on Friday to obtain documentation. Where did he go??? Was he a long and did he in-fact go? I was waiting for a report back. On the other hand maybe he did go and did not want to post the information obtained on the board. You would have to track down the poster and query him about it.

Derb

[printmail01]

Not sure about you or others but this sounds pretty toxic to me?

From Letter to Shareholders >

We have also recently completed a net equity capital raise of
approximately $800,000 for the company. During the course of our
equity capital raise we obviously needed to issue significant amounts
of stock. The number of shares currently outstanding is approximately
562,000,000.

We have also initiated the process of raising additional equity
capital of between $1 million and $5 million. We anticipate being in
a position to raise this capital within the next 3 to 4 months.


I am Currently doing some DD into small pink oil service plays. Have been looking at Well Renewal for few days now, not sure what to think, I do however believe they have done some toxic financing and looks like they plan to do more soon, to me I see a R/S and then maybe time to buy after it settles back in. IMPO