Business
Supurva Healthcare Group Announces LOI to Acquire Exclusive Rights to Provide Dental Services in 35 facilities
Supurva Healthcare Group Announces LOI to Acquire Exclusive Rights to Provide Dental Services in 35 facilities.
About this update from Supurva Healthcare Group, Inc.
[{"type":"text","content":"Supurva Healthcare Group Announces\nLOI to Acquire Exclusive Rights to Provide Dental Services in 35 facilities\n\n \n\nUpon\nCompletion of Acquisition, Supurva Will Become the Second Largest Management\nCompany of Onsite Dental Care in South Texas with 49 Facilities Under Contract\n\n \n\n \n\nCovington, LA,\nJuly 8, 2015 (Accesswire) – Supurva Healthcare Group, Inc. (Formerly known as Lighthouse\nPetroleum, Inc.) (“Supurva” or the “Company”) (OTC Markets: SPRV), is pleased to announce today that the\nCompany has formerly engaged in the execution of a “letter of intent” to\nacquire the assets of Telemend Medical, an onsite dental provider with business\ninterests located in the Greater Houston Metropolitan area.\n\n \n\nAs owned and managed by Dr. Beth\nRosellini, Telemend currently has service contracts with 35 skilled nursing and\nassisted living facilities in the Houston Metro area and an eleven-person\nstaff, which includes two dentists. \n\n \n\nD. Lee Rodger, CEO of Supurva Onsite\nSolutions, stated, \"This is exciting news for the Dental Division of\nSupurva Healthcare Group, Inc. By\ncompleting the acquisition of Telemend’s assets, our company will be the second\nlargest management company of onsite dental care in South Texas with a total of\n49 facilities under contract. Additionally,\nwith the acquisition of staff, we will be able to expand our capacity to\nprovide high quality, comprehensive dental treatment to the residents in our\nexisting facilities as well as new facilities as they come onboard.”\n\n \n\nAbout Supurva\nHealthcare Group, Inc. \n\n \n\nSupurva\nHealthcare Group, Inc., a Delaware Corporation, is a healthcare holdings\ncompany based in Covington, LA. Supurva, through its wholly own subsidiary On\nSite Solutions, LLC, provides on-site healthcare for acute, subacute, and\nnursing facility residents / patients; specializing in dentistry, podiatry,\noptometry, and wound care. On Site Solutions, LLC currently has arrangements\nwith 14 long term care facilities in Texas in its growing portfolio totaling\nroughly 1200 beds.\n\n \n\nForward Looking\nStatement\n\n \n\nThis\nrelease contains \"forward-looking statements\" within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E the\nSecurities Exchange Act of 1934, as...