Replies to post #17441 on Supurva Healthcare Group Inc (SPRV)

[Bruce the Stock Guy]

I did a lot of late DD on these acquistion deals, and I was not impressed with the companies in question.<<<<<<<<<<<<<<<<<<<<Maybe you could share a few tidbits of what you didnt like EXACTLY about these companys,since you did a LOT of DD>

[onemaninnj]

IMO I do not agree they are name dropping to retain investors/shareholders. First alone I would agree that the companies are Small potatoe's, but 3 together and more comming is a firm buissisness plan to build a well rounded service company that can work in multible areas. Second at this time I do not believe Rees is share holder friendly right know because he does not have to be at this time, so name dropping at this time is only to throw us a bone.

There have been many changes since price was at .21. Its basically is an entirely new company, new management, new game plan, new finiancers. The time to get out was when all these changes were happening and I certainly do not think anyone chased it all the way from .21 to .004 just to average down.

As with any pinkie nothing is for sure, but this one at least has a chance for a nice return. For now IMO I would not have alot of money tied up here, but I would be ready to hit the buy botton once a couple of these deals are wrapped up.

Good luck to you and hope you did not average down from .21 to here. If you did I can see why you seem a little upset.

[xray44b9]

I'm not sure where you're doing you DD but if you read the open ltr to shareholders, both Team and Cementers have at least revs while Team has approximately $14 million in revenue in 2007, resulting in approximately $4 million in EBITDA. Read the last couple PRs too. Granted, you can either believe it or not, your choice.

While I don't disagree with your tone of dissapointment, we all are at this juncture, if one can believe the statements in the PRs, Team and Cementers have at least revenue if not profits.

I think the main problem here is the mystery of how many shares are going to have to be issued for the overall expansion and will the $7MM investment banking funding proposal (assuming this doesn't involve at least common share [not restricted] issuance) for Cementers be a trend in their future acquisitions, vice straight share issuance, going forward. If the co can put this issue somewhat to rest, emphasizing that revenue/profit will more than offset whatever future share increases may be necessary, the PPS will be priced by the market at a more fair value.

http://biz.yahoo.com/pz/070518/119827.html