Supurva Group Provides Details of Recent Acquisition
Web To Door Corp Set To Improve Operating Margins
DENVER, CO, July 24, 2018 (GLOBE NEWSWIRE) — Supurva Group, Inc. (a.k.a Supurva Healthcare Group, Inc.) (OTC:SPRV) (the “Company”), is releasing further details of its recent acquisition of Web To Door Corp and On Courier 365. The Company conducted an all stock transaction to acquire 100% of Web To Door Corp and its wholly owned operating subsidiary, On Courier 365.
In 2017, On Courier 365 delivered a total of 10 million packages, and expects to deliver 10 million packages in 2018. In 2017, Web To Door Corp and On Courier 365 combined sales revenues were $15,736,687.93. 2017 operating margins were 8%. 2018 operating margins are expected to improve to 10% for the year. As a result, On Courier 365 now expects to reduce costs by approximately $480,000 annually. Web To Door Corp and On Courier 365 financials are currently unaudited.
On Courier 365 provides Last Mile Delivery solutions for customers. Web To Door Corp integrates logistics, staffing, and business management support to provide a one-stop customer solution. Web To Door is currently seeking new partners and contractors to develop customized services for each customer.
Web To Door Corp is also pleased to announce that Rod Santulan joined the board of directors and is serving as President of the Company.
President of Supurva Group, Inc, Rod Santulan stated, “We are strategically positioning our business in preparation for strong domestic growth and new business development in the global market.”
The Company looks forward to sharing future developments with its shareholders in a timely manner.
About Web To Door Corp.
Web To Door Corp’s wholly owned operating subsidiary, On Courier 365, provides “Last Mile Delivery” solutions to large E-Commerce customers in the San Francisco Bay area, Oakland, Sacramento and San Jose, California markets. For more information please visit http://webtodoor.com/ and http://oncourier365.com/
About Supurva Group, Inc.
The Company is in the process of transitioning into the logistics and logistics service sector.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with the Securities and Exchange Commission.
Supurva Group, Inc.
Public Relations and Shareholder Information
Corporate Communications Department
Phone: (914) 361-9877
Email: [email protected]
Website: www.sprvinc.com
Twitter: @SPRVINC
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