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Pervasip Corp. (PVSP)

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 : 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.
 


 
 

 
      
*Intro Box under construction


 

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Wiki
PVSP News: Statement of Beneficial Ownership (sc 13d) 04/09/2015 06:02:47 AM
PVSP News: Initial Statement of Beneficial Ownership (3) 04/08/2015 06:08:52 PM
PVSP News: OTCBBJournal Issues Special Alert on Avra, Inc. (OTCQB: AVRN): Pioneering Product Innovation in Growing Bitcoin Market 04/08/2015 10:20:00 AM
PVSP News: Pervasip Provides Acquisition and Restructuring Update 04/02/2015 02:30:00 PM
PVSP News: Pervasip Provides Acquisition and Restructuring Update 04/02/2015 01:34:00 PM
PostSubject
#104212  Sticky Note The next step for PVSP, needs to THE_BAMFACTSTER!! 04/17/15 12:34:35 PM
#102703  Sticky Note PVSP ANNOTATED CHART CONSOLIDATING PERFECTION - PVSP IS STRUKture 04/12/15 09:21:25 AM
#100423  Sticky Note HUGE DD linking PVSP to Colorado Cannabis-Industry STRUKture 04/07/15 12:20:08 PM
#99782  Sticky Note OS-IS-SO LOCKED-UP ITS CRAZZY READ THSE FACTS!! STRUKture 04/06/15 08:12:20 AM
#87753  Sticky Note PVSP HUGE FILING OUT!!! BERKSHIRE AGENT 03/17/15 12:54:45 PM
#23466   "Look for the bounce" Cooltabby 03/05/12 04:09:05 PM
#23465   How many times in the past 3 weeks Cooltabby 03/05/12 03:26:14 PM
#23464   Listen to Mr. Richards' interview on Stock Traders BigGreen101 03/05/12 03:18:23 PM
#23462   The selling has slowed at these levels. Look fouraces 03/05/12 03:10:48 PM
#23461   Is PVSP going to be utilized on the Ray1957 03/05/12 02:57:11 PM
#23460   WOW ! Ray1957 03/05/12 02:54:46 PM
#23459   MMS looking to test 200 day ma .025 madeindet 03/05/12 02:48:40 PM
#23458   Great PR on PVSP technology... Ray1957 03/05/12 02:47:44 PM
#23457   LOL !!! As usual Arthur, wrong,wrong, wrong, as bigguy13 03/05/12 02:46:35 PM
#23456   Added another 10k at .0275 today myself. 10k tushiecomplete 03/05/12 01:46:48 PM
#23455   UBSS.028 ASK SIZE 7600 ETMM .027 BID madeindet 03/05/12 01:19:48 PM
#23454   Remember: “The stock market is a highly efficient mechanism Borgon 03/05/12 12:51:27 PM
#23453   Agreed! This company cannot have a $2 million pepi 03/05/12 12:49:11 PM
#23452   I've been buying 2's and 3's everyday for Meerkat 03/05/12 12:12:53 PM
#23451   That's what these MMs do when there's little Borgon 03/05/12 12:06:07 PM
#23450   watch level 2 and see how CDRG triggers madeindet 03/05/12 11:45:54 AM
#23449   On Y!PVSP, there is a poster who proudly Arthur 03/05/12 11:44:44 AM
#23448   Seriously - you're either long or you're not Borgon 03/05/12 11:44:07 AM
#23447   It's real simple here, people are selling out time2sell 03/05/12 11:43:43 AM
#23446   Lots of whining here,I added to my position 46er 03/05/12 11:34:35 AM
#23445   Stop blamming the CD's, MMs, etc.,etc. The problem bigguy13 03/05/12 11:29:42 AM
#23444   I'll wait and add if this shows beyond Cooltabby 03/05/12 11:26:33 AM
#23443   what do you care you have no financial madeindet 03/05/12 11:23:55 AM
#23442   That's 13M shares issued in two weeks of Arthur 03/05/12 11:22:45 AM
#23441   *****ALERT***** The next person that posts that the Cooltabby 03/05/12 11:17:29 AM
#23440   Tabby get a grip karsmith94 03/05/12 11:15:30 AM
#23439   You need to stay cool tabby. This company fouraces 03/05/12 11:13:07 AM
#23438   company issed 13 million shares in february...look at madeindet 03/05/12 11:12:35 AM
#23437   If you're saying this is short covering Cooltabby 03/05/12 11:09:03 AM
#23436   I'm sure this mm crap is another thing Cooltabby 03/05/12 11:03:11 AM
#23435   My theory is pretty much Entity-A Cooltabby 03/05/12 10:59:23 AM
#23434   total market maker manipulation to settle or cover madeindet 03/05/12 10:51:48 AM
#23433   Did you see them pull the .028, all karsmith94 03/05/12 10:48:37 AM
#23432   I have a more devious theory Cooltabby 03/05/12 10:47:42 AM
#23431   Be careful what you wish for. What if Cooltabby 03/05/12 10:44:05 AM
#23430   Why would anybody be selling right before the fouraces 03/05/12 10:43:06 AM
#23429   Lovin' the cheapies - great for us longs. Borgon 03/05/12 10:37:08 AM
#23428   So much for March being big. Fouraces, are you Cooltabby 03/05/12 10:29:07 AM
#23427   Did the CEO and CIO really buy 200k tushiecomplete 03/05/12 10:05:09 AM
#23426   What monster news? What Breaking news Cooltabby 03/05/12 09:54:29 AM
#23425   It's tough to say IMO! I think DaubersUP 03/05/12 09:42:45 AM
#23424   I get stock-hideout, micro-cap stock, wall street advisor Cooltabby 03/05/12 09:41:18 AM
#23423   Did you get or hear of any promo Carmil1 03/05/12 09:34:48 AM
#23422   Good morning everyone. Cooltabby 03/05/12 09:26:47 AM
#23421   PENNYMOTION > PENNY STOCK NEWSLETTERS > PVSP (3CENTS karsmith94 03/05/12 08:07:28 AM
#23420   Anyone else get this or any other newsletter Carmil1 03/05/12 06:55:20 AM
#23419   What does the demise of LightSquared mean to PVSP? Catmanzeke 03/05/12 12:05:49 AM
#23416   What about 2013, 2014, or 2015? The same tushiecomplete 03/04/12 09:14:34 PM
#23415   Balance volume shows -8 million shares since the madeindet 03/04/12 09:12:57 PM
#23413   I have to disagree with you on this point. BigGreen101 03/04/12 05:13:23 PM
PostSubject