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Pervasip Corp. (PVSP)

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Last Post: 3/26/2015 11:33:26 PM - Followers: 620 - Board type: Free - Posts Today: 1070
 
 



 : PVSP




 





PVSP Latest News


-HEADLINE NEWS-


SC 13G Filing - 10% Ownership


Amended Current Report Filing (8-k/a)


 

Pervasip Announces Acquisition of Indoor Agricultural Business

Feb 12, 2015 (ACCESSWIRE via COMTEX) -- WHITE PLAINS, NY / ACCESSWIRE / February 12, 2015 / InvestorsHub NewsWire - Pervasip Corp. (USOTC:PVSP) ("Pervasip" or the "Company") announced that it has agreed to acquire 100% of the issued and outstanding equity of Canalytix LLC. 

Canalytix provides advanced analytics for indoor agriculture. Its integrated cloud-based platform allows users to monitor and control greenhouse facilities or any large indoor growing operation through the cloud, including real-time data of energy usage, HVAC systems, lighting and costs. "We are excited to leverage our historical technology development experience to gain entry into an exciting and rapidly growing business," said Paul Riss, Pervasip's chief executive officer. "We intend to close the transaction later this month and will provide additional information as appropriate."

About Pervasip Corp.

Pervasip delivers mobile VoIP and video telephone service anywhere in the world that has a stable broadband connection. In addition to international telephone numbers from 57 countries for mobile phone users, with unlimited inbound calling, it offers several international outbound calling plans, including some of the lowest rates to international mobile phones.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Additional Information

Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339

SOURCE: Pervasip Corp.
 


-OTHER NEWS-


Pervasip Executes Debt Modification Agreements to Reduce Debt By $1.4 Million

Jan 27, 2015 (ACCESSWIRE via COMTEX) -- WHITE PLAINS, NY / ACCESSWIRE / January 27, 2015 / Pervasip Corp. (USOTC: PVSP) ("Pervasip" or the "Company") today announced its execution of agreements to eliminate an additional $1.4 million in debt.

The new agreements bring the Company's balance sheet improvement to more than $3.3 million when taken with the Company's previously announced $1.9 million debt settlement with the Pension Benefit Guarantee Corporation. "We are pleased to have the support of our creditors as we implement our restructuring and acquisition plans," said Paul Riss, Pervasip's chief executive officer. "We still intend to eliminate additional debt but the completed transactions have paved the way for us to meet the balance sheet requirements of our targeted acquisitions, which we now hope to complete this quarter."

About Pervasip Corp.

Pervasip delivers mobile VoIP and video telephone service anywhere in the world that has a stable broadband connection. In addition to international telephone numbers from 57 countries for mobile phone users, with unlimited inbound calling, it offers several international outbound calling plans, including some of the lowest rates to international mobile phones.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Additional Information

Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339

SOURCE: Pervasip Corp.
 


Pervasip Provides Update on Restructuring Plan

Jan 23, 2015 (ACCESSWIRE via COMTEX) -- WHITE PLAINS, NY / ACCESSWIRE / January 23, 2015 / Pervasip Corp. (OTCQB: PVSP) ("Pervasip" or the "Company") today provided an update of its ongoing restructuring efforts.

"We have completed negotiations for a restructuring of our senior debt that would result in the reduction of more than $1.0 million of debt," said Paul Riss, Pervasip's chief executive officer. "That transaction, as well as the $1.9 million debt reduction announced last week are critical to our ability to structure targeted acquisitions that we hope to complete in the coming weeks and months. We are pleased to have the cooperation of our various creditors in our restructuring efforts. We intend to provide an additional update on our efforts next week."

Pervasip previously announced its execution of a settlement agreement with Pension Benefit Guarantee Corporation ("PBGC"), pursuant to which PBGC agreed to accept $100,000 in full satisfaction of about $2.0 million in amounts that had been due from the Company.

About Pervasip Corp.

Pervasip delivers mobile VoIP and video telephone service anywhere in the world that has a stable broadband connection. In addition to international telephone numbers from 57 countries for mobile phone users, with unlimited inbound calling, it offers several international outbound calling plans, including some of the lowest rates to international mobile phones.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Additional Information

Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339

SOURCE: Pervasip Corp.
 


Pervasip Announces Agreement to Reduce Debt by $1.9 million

Jan 14, 2015 (ACCESSWIRE via COMTEX) -- WHITE PLAINS, NY / ACCESSWIRE / January 14, 2015 / Pervasip Corp. (OTCQB: PVSP) ("Pervasip" or the "Company") announced today that it executed an agreement with Pension Benefit Guarantee Corporation (the "PBGC"), pursuant to which PBGC agreed to accept $100,000 in full satisfaction of $2.0 million in amounts that had been due from Pervasip.

"Finalizing this agreement is an important first step in our previously announced restructuring and acquisition plans," said Paul Riss, Pervasip's chief executive officer. "Reducing the majority of our outstanding liabilities is critical to our ability to raise new capital and to complete acquisitions to expand our existing operations. We are currently in discussions with our lenders for this purpose, and we hope to reduce significant additional liabilities in the near term."

The terms of the Company's agreement with PBGC are disclosed in a Current Report on Form 8-K to be filed today, a copy of which can be viewed online on the SEC website, and which additionally reports that the Company's reverse stock split previously planned for January 31, 2015 has been cancelled.

About Pervasip Corp.

Pervasip delivers mobile VoIP and video telephone service anywhere in the world that has a stable broadband connection. In addition to international telephone numbers from 57 countries for mobile phone users, with unlimited inbound calling, it offers several international outbound calling plans, including some of the lowest rates to international mobile phones.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Additional Information

Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339

SOURCE: Pervasip Corp.
 


Pervasip Announces Debt Restructuring Plan

Jan 13, 2015 (ACCESSWIRE via COMTEX) -- WHITE PLAINS, NY / ACCESSWIRE / January 13, 2015 / Pervasip Corp. (USOTC:PVSP) ("Pervasip" or the "Company") announced that it is in conversations with several of its creditors and aims to release details of a debt restructuring plan that will eliminate a minimum of $1.5 million in debt payable from its balance sheet.

"We are pleased with the early support of our creditors as we move forward in implementing a debt restructuring plan to strengthen Pervasip's financial condition and better position the Company for future growth, investment and success," said Paul Riss, Pervasip's Chief Executive Officer.

The Company is working with its secured creditors to finalize terms of a financial restructuring plan which would significantly reduce debt and interest payments and result in a stronger balance sheet for the Company.

"We need to restructure our debt before we can engineer any acquisitions," Riss continued. "I have been in negotiations with four of our creditors, and I believe we will achieve a comprehensive debt restructuring that will allow us to pursue acquisition targets that we have deemed important to creating shareholder value."

About Pervasip:

Pervasip delivers mobile VoIP and video telephone service anywhere in the world that has a stable broadband connection. In addition to international telephone numbers from 57 countries for mobile phone users, with unlimited inbound calling, it offers several international outbound calling plans, including some of the lowest rates to international mobile phones.

Forward-looking statements:

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Additional Information

Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339

SOURCE: Pervasip Corp.
 


 
 

 
      
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Wiki
PVSP News: Statement of Ownership (sc 13g) 03/24/2015 10:54:53 AM
PVSP News: Statement of Ownership (sc 13g) 03/17/2015 12:38:34 PM
PVSP News: Independent Research Initiates Analyst Coverage on Inventergy Global, Inc. (NASDAQ: INVT) with $1.20 Price Target 03/12/2015 08:00:00 AM
PVSP News: Amended Current Report Filing (8-k/a) 02/20/2015 05:07:32 PM
PVSP News: Pervasip Announces Acquisition of Indoor Agricultural Business 02/12/2015 11:25:00 AM
PostSubject
#91756  Sticky Note Why don't you read my posts. It's the makemoney18 03/26/15 08:59:47 PM
#91108  Sticky Note PVSP HUGE MARIJUANA ACQUISITION NEWS OUT WOW!!! BERKSHIRE AGENT 03/26/15 11:03:27 AM
#87753  Sticky Note PVSP HUGE FILING OUT!!! BERKSHIRE AGENT 03/17/15 12:54:45 PM
#91851   I Like A Slow Cooked Penny's Stock As onpoint2 03/26/15 11:35:46 PM
#91850   Rocky Mountain "high"..... mulaa 03/26/15 11:35:27 PM
#91849   Yes...."Colorado"...will be the home office of PVSP....IMO. trupm007 03/26/15 11:34:10 PM
#91848   Haha - you bet me to it...$$$$ mulaa 03/26/15 11:33:26 PM
#91847   Trupm - going to be fun. Our group mulaa 03/26/15 11:32:35 PM
#91846   This is a pretty cool video about noveda... http://youtu.be/eeOuDuoMQmY Rowdyboy45 03/26/15 11:32:24 PM
#91845   "Mulaa"....Hold on to your socks tight....Someone told me trupm007 03/26/15 11:31:15 PM
#91844   Several of us feel that way. I've been mulaa 03/26/15 11:28:51 PM
#91843   PVSP Good post Ray and so very true. stealofadeal 03/26/15 11:26:00 PM
#91842   PVSP We have a good group here trupm stealofadeal 03/26/15 11:21:00 PM
#91841   PVSP: Is a super champ of a stock. rayinbrooklyn65 03/26/15 11:18:52 PM
#91840   Love The Fire On The " PVSP "Board onpoint2 03/26/15 11:18:01 PM
#91839   stealofadeal...I am in this penny land for long trupm007 03/26/15 11:15:36 PM
#91838   Hope to pay my tuition with this one Rob2183 03/26/15 11:12:38 PM
#91837   PVSP Very good my friend..... BoilerRoom 03/26/15 11:11:08 PM
#91836   PVSP Been here awhile and not leaving without stealofadeal 03/26/15 11:09:18 PM
#91835   Clay Traders chart PVSP Video crowin 03/26/15 11:03:46 PM
#91834   I second that BA MOMO 03/26/15 10:59:37 PM
#91833   PVSP~ I have never been soo excited about BERKSHIRE AGENT 03/26/15 10:54:21 PM
#91832   hope he's doing good MOMO 03/26/15 10:53:52 PM
#91831   Great Question Sam The I Am Only Knowing" onpoint2 03/26/15 10:51:32 PM
#91830   Yes holding my shares very tight for last trupm007 03/26/15 10:50:33 PM
#91829   'mulaa'....no worries.Big stuff already rolling in....KABOOM time. trupm007 03/26/15 10:49:05 PM
#91828   oh I do MOMO 03/26/15 10:48:17 PM
#91827   MOMO, now you know why I say MULTIPLE BERKSHIRE AGENT 03/26/15 10:45:59 PM
#91826   ZIPCASH, PVSP when PENNYLAND hits next stop is SILVERLAND!! BERKSHIRE AGENT 03/26/15 10:43:30 PM
#91825   PVSP Good to see you here also MOMO.... BoilerRoom 03/26/15 10:41:16 PM
#91824   Pay no attention to fear mongers. They are BERKSHIRE AGENT 03/26/15 10:40:23 PM
#91823   Show facts with your statements. Verifiable DD please BoilerRoom 03/26/15 10:40:08 PM
#91822   I believe we all know shareholders are trupm007 03/26/15 10:39:50 PM
#91821   very good point BR...btw good to see you MOMO 03/26/15 10:39:45 PM
#91820   Well if newbies come along they might get BoilerRoom 03/26/15 10:37:51 PM
#91819   no one listens to these clowns anymore...they are MOMO 03/26/15 10:37:03 PM
#91818   SOUTHGAS, good to see you. Looks like perfect BERKSHIRE AGENT 03/26/15 10:36:53 PM
#91817   Correct. ..but it's all nothing but trash talk. trupm007 03/26/15 10:32:41 PM
#91816   Thanks friend sorry so late responding.Got in a SOUTHGAS 03/26/15 10:32:07 PM
#91815   Yes, acquisition of shareholders money. crowin 03/26/15 10:31:19 PM
#91814   Yes there are hundreds of reasons MJ is trupm007 03/26/15 10:31:01 PM
#91813   Correct but as you see they might be trupm007 03/26/15 10:29:10 PM
#91812   $PVSP: 8K if gets filed after hours usually trupm007 03/26/15 10:27:06 PM
#91811   Watch for any new PVSP 8K info here; crowin 03/26/15 10:25:17 PM
#91810   DEFINITION OF 'ISSUED SHARES' The number of authorized shares BobbyR 03/26/15 10:24:55 PM
#91809   agree BA life changer here with PVSP MOMO 03/26/15 10:23:21 PM
#91808   Looks this os another lie. Still no 8k ouchhh.... jsp183 03/26/15 10:20:40 PM
#91807   The Company acquired 90% of the equity of DrMerlot1 03/26/15 10:19:49 PM
#91806   PVSP has 9 BILLION shares to serve its investors! crowin 03/26/15 10:17:19 PM
#91805   PVSP~10 Reasons Why Marijuana is Morally Superior to BERKSHIRE AGENT 03/26/15 10:16:14 PM
#91804   Wow .10++ cents would be LIFE CHANGING STRUKTURE! BERKSHIRE AGENT 03/26/15 10:15:04 PM
#91803   SHORTS have been hired by the big crowin 03/26/15 10:14:26 PM
#91802   Did the 8k come out yet? Rob2183 03/26/15 10:09:46 PM
PostSubject