Pervasip Corp (PVSP)

[powerbattles]

Arthur he will not respond to you unless you can respond to his questions...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63796836

"They had to raise $150K, by hook or by crook, or worse: debentures."

Debentures are fine it's the convertible part that can be a little painful.
How much did they raise from the CEO and CIO? See the FORM 4s, calculate the amount and report back to us. Tia...
How much in loans/financing might they be obtaining from NetCapital?

"Remember, the company is plum out of cash, and still losing oodles of money.
So, they have to raise new money all the time, to meet payroll, to pay suppliers.
Or else any unpaid supplier can force them into bankrupty."

The CEO hasn't been taking a salary, on the contrary, he's been infusing capital into the company.
The CEO has also stated that they only need an additional 5,000 Ojo Vision video phone customers to be operations cash flow positive. How many oodles will that eliminate?
They are raisng new monies.
Which supplier can force them into bankruptcy? Please find this supplier and report back to us. Tia...

"No bank can loan them money, they have already defaulted on their loans, and cannot pay interest while they are losing money."

They don't need a bank. They have NetCapital to provide funding/financing until the new game plan has ramped up sufficiently and generated profits.
NetCapital didn't get into this to lose money and go bankrupt.

"There are still at least 2 tough quarters before they reach that magik "5000" subscriptions, if all those subscriptions are at $30 instead of $12."

You mean 50,000 if you're referring to the end of the year. 5,000 should come well before that. I see you are now waffling on the $30 vs $12 after I proved your shallow version of DD...flawed...regarding the Globalpreneurs' agreement. I suggest you refresh your memory here and then apologize to the board for constantly and consistently stating careless, faulty assumptions relating to the sign up fee for the Globalpreneurs' customers at VoX's website. Tia...

"They also must split the subscription fees with GlobalPreneurs, which promises "residuals" on every subscription sold by its members."

Please provide a link to this alleged split of subscription fees and the alleged amount. Tia...

"If NetCapital was a serious investor, at this point, Netcapital would invest directly in the company, both to keep it afloat and to give it the means to advertise and to develop new products (PVSP has no R&D budget)."

I imagine that's exactly what NetCapital IS doing. Seriously, what do you think they are doing? lol...

"if you search for Pervasip products, you won't find any reference, except paid-for press releases."

I previously directed you to the reason that PVSP's sales and marketing were severely hampered which you can, again, refresh your memory with, here.
You'll also note this quote at the linked-to-page, "We continued to operate our business and improve our VoIP product..."

It's a brand new ballgame, now. You need to cease fretting over what caused you so much angst in the past. They'll be fine...which in turn may mean you'll be fine. You already missed your first chance for a 10x return on your investment...but you well may have a second chance. $.06 to $.60. Looks like you'll have to do it the hard way, comparatively speaking (vs $.01 to $.10), but that's what happens when you park yourself in the past and don't see change happening right before your very eyes...here.