Supurva Healthcare Group Announces LOI to Acquire Exclusive
Rights to Provide Dental Services in 35 facilities
Upon Completion of Acquisition, Supurva Will Become the Second
Largest Management Company of Onsite Dental Care in South Texas
with 49 Facilities Under Contract
Covington, LA -- July 8, 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 formerly
engaged in the execution of a letter of intent to acquire the
assets of Telemend Medical, an onsite dental provider with business
interests located in the Greater Houston Metropolitan area.
As owned and managed by Dr. Beth Rosellini, Telemend currently
has service contracts with 35 skilled nursing and assisted living
facilities in the Houston Metro area and an eleven-person staff,
which includes two dentists.
D. Lee Rodger, CEO of Supurva Onsite Solutions, stated, "This is
exciting news for the Dental Division of Supurva Healthcare Group,
Inc. By completing the acquisition of Telemends assets, our company
will be the second largest management company of onsite dental care
in South Texas with a total of 49 facilities under contract.
Additionally, with the acquisition of staff, we will be able to
expand our capacity to provide high quality, comprehensive dental
treatment to the residents in our existing facilities as well as
new facilities as they come onboard.
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
is a holdings company with limited experience in the healthcare
industry. At the time of this release, Supurva lacks the financial
capabilities to meet its financial obligations and its management
expects to dilute the company's 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 of risks is limited and additional risks not mentioned
may apply such as: possible failure to meet Supurva's financial and
contractual obligations, Supurva's managerial errors made based
upon the Company's limited experience and knowledge of the
industry, commodity risk, 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
& CEO gdanos@supurvahealthcare.com
985-237-3701