Saturday, November 28, 2015 11:57:40 AM
That PVSP could become an hyper diluter, with no business and a stock at $0.0001.
That outcome has not come to pass, but Pervasip managed to sell 60% of itself to Kreisler, for $0 cash...
...and then it sold another 51% of itself to TCA Global for $500K.
Give away 60% here, 51% there, and pretty soon there's no company left.
Or, rather, the common shareholders owns 0% of it.
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