Supurva Healthcare Group Announces Substantial Upgrade to
Acquisition LOI with Telemend Medical
Supurva Expects Major Breakout Year in 2015; Upwards of $2
Million in Revenues Expected Over The Next Twelve Months
Covington, LA -- July 16, 2015 -- InvestorsHub NewsWire
-- Supurva Healthcare Group, Inc. (Formerly known as
Lighthouse Petroleum, Inc.) (Supurva or the Company) (OTC Markets:
SPRV), is pleased to announce today that the Company has upgraded
the letter of intent (LOI) to acquire Telemend Medical (Telemend)
announced on July 8, 2015 to now include existing clinical
engineering contracts with various government entities nationwide.
Under these additional contracts, the Company will be initiating a
hybrid of clinical engineering and IT services alongside the
Companys mobile healthcare services providing for a best-in-class
telemedicine delivery system. These contracts are expected to add
in excess of $400,000 in revenues over the next twelve months to
the total acquisition package. This is in addition to the other
contracts under the LOI to provide services to 35 dental facilities
in the Greater Houston area that are expected to generate more than
$1.6 million in revenues for the Company over the next twelve
months.
Current CEO of Telemend, Sheneka Rains, has agreed to remain as
CEO of Telemend after its acquisition and will also serve as COO of
Supurva. After completion of the transaction, she will be well
positioned for further expansion of the Company, bringing with her
many years of experience managing clinical engineering contracts
and having established operational excellence amongst a variety of
healthcare business models. In her tenure as CEO of Telemend, Ms.
Rains has doubled total customer accounts and tripled revenue.
Gerard Danos, CEO of Supurva stated, Clinical engineering will
provide a steady revenue stream that will allow us to far exceed
our projected targets for 2015. This level of revenues will enable
the Company to quickly reach its goal to achieve fully reporting
status as soon as possible. I am also thrilled that Ms. Rains will
join our organization to ensure a smooth transition of existing
customers as well as establish operational systems that will
facilitate additional future acquisitions.
About Supurva Healthcare Group, Inc.
Supurva Healthcare Group, Inc., a Delaware Corporation, is a
healthcare holdings company based in Covington, LA. Supurva,
through its wholly own subsidiary On Site Solutions, LLC, provides
on-site healthcare for acute, subacute, and nursing facility
residents / patients; specializing in dentistry, podiatry,
optometry, and wound care. On Site Solutions, LLC currently has
arrangements with 14 long term care facilities in Texas in its
growing portfolio totaling roughly 1200 beds.
Forward Looking Statement
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements describe future expectations,
plans, results, or strategies and are generally preceded by words
such as may, future, plan or planned, will or should, expected,
anticipates, draft, eventually or projected. You are cautioned that
such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or
results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks. Supurva
Healthcare Group, Inc. is a healthcare holdings company. At the
time of this release Supurva Healthcare Group, Inc. lacks the
financial capabilities to meet its financial obligations and its
management expects to dilute the companys shares to raise the
necessary operating capital. Based upon industry standards Supurva
would be considered highly speculative and lacks any competitive
advantage over its competition. Additional risks you should
consider are that this list is limited and additional risk not
mentioned may apply: failure to meet Supurvas financial and
contractual obligations, Supurvas managerial errors made based upon
the Companys limited experience and knowledge of the industry, acts
of God and regulatory risk. You should consider these factors in
evaluating the forward-looking statements included herein, and not
place undue reliance on such statements.
Contact
Gerard Danos, Chairman
Supurva Healthcare Group, Inc.
info@supurvahealthcare.com
1-985-237-3701
