Monday, October 10, 2016 3:36:03 PM
After that devastating experience with Magna, he continued to borrow other convertible debentures with Hanover, Asher, and many others. With the same effect. Must be a slow learner.
And the the communication app that was supposed to compete with Skype ? It was a total disaster.
The company released a VOIP app that had no compelling feature, indistinguishable from 1000 similar apps. And a year and a half later, released a video plug-in based on a Google-developped codec, that nobody bothered to download.
Pervasip sold that "precious" VOIP tech to a related entity, for a handful of worthless share, and soon afterward the other company went dark.
I hope PVSP will announce a new venture, after a suitable R/S to get rid of all its disgruntled shareholders. Just for my entertainment.
I'll try to warn new gamblers that the company is deep in debt, and has a terrible track record of FAILures, but, it is likely that most won't listen.
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