Pervasip Corp (PVSP)

[TraderTroyz]

What are your targets on PVSP?

[pepi]

Yeah I been waiting ten years, how much longer? amy ideas ? no ? I thought not!!lmao

[ReservedRisk]

$PVSP AGREED;Matter of TIME here IMO.

Something WILL be coming $.00N IMO.. ;^)

[stock king 1]

ceo paul riss the scam has ran out of more bs to sell check back in in a another year or unless they sell pvsp but with millions in debt and billions of shares no one wants to buy this pile of crap crooked company...everything ceo has done in the last 6 yrs has proven to fail 100% ...

pvsp is a scam and always has been a scam....let alone imho ceo is nothing but a lying stealing crook that should be in jail.

[myersvodka]

Oh boy, trader53 has a hunch?

[trader53]

PVSP 0.0001 - BUY

http://www.allotcbb.com/quote.php?symbol=PVSP

[shajandr]

Seems like this is another obvious pennyscam, right?

Seems like anyone that has held this crap scamstock has lost it all, right?

Seems like there is absolutely zero basis to recommend purchase of this pennyscam, right?

[stock king 1]

either way paul crooked riss has proven again to be nothing but a lying crooked ceo ....all paul crooked failing riss does is sells lies after lies.....6 yrs of worthless pvsp pile of crap

[Arthur]

At some point, there was a "consensus" on this board, Riss would have to go, and Pervasip would be fine afterwards.

[shajandr]

How are things looking today? Paul Riss still doing a good job?

[stock king 1]

PAUL RISS CROOKED CEO IN JAIL YET ALONG WITH KEVIN K. any news on a possible trial date yet

[stock king 1]

ceo crooked paul riss is nothing but a crooked lying pile of crap... this company dead period just the ones defending it to dump shares.... once a crook always a crook......

[MasterBlastr]

LOL well at least he didn't try the collection plate thing again this year . . .

[Full Contact Yoga]

Riss needed money for Zima and wieners for the church picnic, of course, he'll bill them $900, keep the leftovers, and pocket about $450, make a little more than normal...

[pepi]

I know, its someone trading lmfao PRINT. PRINT ,PRINT,.Wait for the update, you ll learn, even tho your slower than most people here.

[DSherman]

Unbelievable, someone just said yesterday@ buy at 2 sell at 1". But now it's printed shares. The dig yesterday was no volume and with volume it's something else. This is like watching CNN FAKE NEWS!!
PVSPCANARYCANALYTIX $$$

[pepi]

Ah here we go .someone tally another 28.5 million to the printed outstanding!!!lmao

[Arthur]

At some point, back in '010, Paul Riss owned 36% of PVSP.

But thenafter he diluted himself to oblivion, along all other shareholders.

Already in 2011, Riss had diluted himself to 7.3% ownership, with G3 Connect being the main shareholder with 33%.

In 2012, the genius CEO had diluted his common shares stake to 4.3%, but had also awarded himself Series C preferred voting shares with an extra 48% voting power.

Come 2014, Riss had further diluted himself to 1.21% ownership, and Flux Carbon Corporation, EXO Opportunity Fund, Five Nines Group and Flux Carbon Starter Fund had each respectively 23%, 10%, 10%, 10% new dilutive shares.
in 2013, G3's ownership had dwindled to 9.6%, and Series C preferred had been changed to Series De preferred, at the demand of lender 112359 Factor Fund.

In the last 10-K filed, that covers Fiscal Year 2015, Riss owned 0.5% of the common shares, plus Series D shares giving himself 48% ownership and Series E shares giving him 51% ownership. Riss also bestowed to himself series F and Series G preferred shares, just in case.

TCA Global also owns Series J preferred voting shares, that gives it 51% ownership of Pervasip, in the event of Pervasip defaulting on its TCA Global loan.
Say, isn't PVSP currently in default ?

I wonder how much money TCA Global can get from auctioning off Pervasip as a dirty shell ?

[shajandr]

Must be Paul Riss trying to buy shares and bet on his own proven scam.

Oh well, the investors' munny is G-O-N-E and it ain't coming back.

Paul Riss thanks all PVSP investors for their contributions to his lifestyle and retirement funds. He promises to have a good time with it. And he encourages all to keep buying the 0.0001s, because he can sell them faster than y'all can buy them. And he paid/pays NOTHING for them!

[GhostInTheMatrix]

anyone here notice there was some activity on the plaidcanary site dated june 1, 2017.... wonder what that could be??

[Arthur]

Bid size creeping up now 62 million shares

Pity the volume seems stuck at 0.

[Arthur]

I would enjoy very much to see Pervasip embarking into a new pretend venture, with the same old PVSP hands pretending to believe that this time the company will succeed, and when the effort falters, tell everyone to HOLD ON TO THEIR SHARES, to not be faked by a simple consolidation, mock the weak hands, tell the hapless newbies to buy more now-cheaper shares, and then when Pervasip inevitably falls back to $0.0001 or lower, triumphantly child that they sold their shares at peak, and made a bundle while everyone that listened to their "advice" lost all their money.

I saw it happen several times. BJones, he was going under the nym karsmith94 then, was telling everyone that he was investing a big bundle into Pervasip at $0.02, because it was way undervalued then.

Fun times.

[madeindet]

Bid size creeping up now 62 million shares

[Arthur]

3000 percent gain and still people complain, my goodness, go figure.[/I]

Who would sell at .0016, when they had .0028 Yesterday?

These traders are some of the worst around, selling shares at .0016 when they could have sold yesterday as high as .0028, go figure.

Are they really that incompetent or are the MM just pulling our chain with these dumps to help them cover their shorts.

I think a little of each.

Either way the shares should have moved to a new player who most likely has stronger hands.

Small thinking Flippers missing the Train!

Momentum is clearly building for a MAJOR RUN that may have already begun.

Consolidation is over, we have had weeks of backing and filling with many opportunities for the flippers and traders to get in and out while Long Term Investors continued to build their positions and the shares are really in tight fisted hands now, which means you are going to have to pay up to get a ticket on this Train.

PVSP in "Quite Period" prior to 10K release

After the 10k is released management will be releasing updates on future acquisition and business related dealings in the MJ sector.

Lot coming this year, 2015 will ROCK for PVSP

Get the WEAK Hands out now, better for us.

Nice consolidation and removal of the weak traders looking for the next hot stock.

They are seller regardless of what level the stock hits, get them out now is fine with me.

New buyers get a second chance to get some cheap shares and the speculators will be gone for now, but they will be right back in as we begin to move higher.

Sellers from .0028 to .0018 have been removed

The trip back up will be fast and furious as there should be little resistance as most sellers have left the building. There are always a few left that had wished they sold etc, and they may sell on the run up, but make no mistake, a major run up is coming once again!!

SOLID Accumulation Going On PVSP!!!

These day traders / Flippers are looking for market direction in next 3 minutes when in fact the stock is trading very well today, with steady, smart purchasing of shares from the Flippers.

They will be out of shares any minute, and we will begin moving up very soon.

Will recover 3 days loss in 15 minutes

How many times have we seen this, the slow 3 day drift off and then BAM, right back up in 15min as there are no sellers, they were cleaned out in previous days.

There are more DAY TRADERS/ Swing Traders playing here than most imagine. They will have their way short term, and the volatility we see is the result, but on the other hand they create most of the volume.

Longs just holding stock really doesn't have any impact on the daily price swings, so why complain it is what it is, and eventually we will consolidate and move higher, the MJ market is going to be a HUGE market and lot of new companies will be born and acquired as eventually the players will once again consolidate and hopefully PVSP with get bought out someday at a much higher price.

Flippers will be attempting to Reload any minute!

When we go GREEN today, all the weak longs will all be cheering and go PVSP, blah, blah blah.

Board is for entertainment only, you can't take it seriously.

Warning Shorts will be CRUSHED MONDAY!

Run for the Hills if you are short, Pay Back is Here Folks!!

Verifiable SHORT SQUEEZE Monday!!!!

Good Ole Fashion SHORT SQUEEZE, just when you thought you had it all figures out! LOL

How about that CAPITULATION!!! YEA

Needed this to get the speculators out, they should have given up by now.

Retail does not control this stock so don't think that you do.

They will take it where they want it and most of the time they pound it down just like this time, right before they make an announcement and then take it back up.

Notice that we don't have any posters saying that they had to get out and that they took big loss from buying higher!

Nothing to do with retail investors, they are just along for the ride.

SHORTs are on BID at.0006 for 75 MILLION shares

MM are playing their same old game that has worked for them for 200 years.

Ignore the trading, the stock is worth 10 times this price TODAY and a lot more tomorrow!!

[pepi]

Yeah plenty here buy at two and sell at one.

[stock king 1]

company a scam

[Bjones2]

Great BUY at these levels, old news priced in!!

Loan em up for the next big run up!! Last one was over 3000%!!!

3000 percent gain and still people complain, my goodness, go figure.

[stock king 1]

correct PVSPCANARYCANALYTIX, nothing but a scam has been and always will be and yes some made their money on this pile of crap.....READ THE 10-Q company is garbage. 6yrs of complete failure and the 10q does not lie.

crooked failed paul riss has done nothing but scam people and proven 100% failure....

[stock king 1]

yes your correct their millions in debt ,no product , no sales , no revenues,no office,no employees, growbig closed the doors, pps is garbage,billions of shares of worthless dog crap....oh lets not forget the law suits. YES MADE MANY MONEY ON THE PUMP but again like you said company is not worth dog crap.....ceo crooked failed paul riss has proven 100% to fail for the last 6 yrs, imho and what he has proven nothing but a lying stealing crook.........

[MasterBlastr]

100% correct . . . a has been.

[DSherman]

Been saying this company has been a great trade!!!!
PVSPCANARYCANALYTIX:)$$$$$$$$:)

[stock king 1]

been saying this company a pile of crap for years....this will never recover and if paul riss and also the other crooked one kevin k have any part to do with pvsp they will never have a chance at selling shares..... both crooked failed paul riss and the other crook kevin k will never be trusted again . let alone if you do your dd and see kevin k is nothing but a crook and all his company have failed.....

lesson learned and this was a write off....do not buy into their bs no matter what news they put....as you can see from the past 6 yrs everything they did post ,,,FAILED 100% GOOD LUCK YOU BEEN WARNED.

[mdimport]

Settlements are not write offs.

+++

TCA Global was by far LIG Assets, Inc.'s largest creditor, and all other creditors or claims against LIG Assets have been settled, are in the process of being settled, or management believes can be settled amicably.

[mdimport]

$PVSP needs a R/S in the order of 5,000 : 1, as well as a change of management. That would likely allow TCA to clear its debt + interest. One lesson everyone should learn is the debt holders always win. They just don't work on OTC trader timelines.

[Arthur]

Yes, crossing your fingers is the only thing you can do with your PVSP "investment".

[madeindet]

ARTY...fingers crossed that TCA and PVSP have a similar type of settlement!! I know it's difficult for you to accept, but TCA appears to work with its clients. GOOGLE the multiple TCA settlements and forbearance letters.

Settlements have been favorable to all parties!!


LIG Assets, Inc. Agrees to Settlement that Significantly Reduces Debt with No Dilution to Shareholders

Settlement with TCA Global Credit Master Fund settles debt incurred by previous management over 3 years ago

DALLAS, TX--(Marketwired - Nov 22, 2016) - LIG Assets, Inc. (OTC PINK: LIGA) (also known as the "Leader in Green Assets" or "LIGA"), focused on residential and commercial real estate acquisition and development, today announced that it has entered into an agreement with TCA Global Credit Master Fund ("TCA Global") to settle the significant majority of the company's current outstanding debt.

The settlement agreement reduces the outstanding debt to TCA Global by approximately 75% and essentially allows LIG Assets to begin its new business ventures with a fresh start and build assets from this point unencumbered by liens or the potential of ever-increasing debt owed to this lender. Additionally, LIGA shareholders are expected to see no dilution through this settlement.

Terms of the settlement allow LIGA to engage in revenue generating activity for almost 6 months before commencement of monthly payments to pay off the settlement amount. Payments to TCA Global are anticipated to be generated from multiple new business ventures and revenue streams.

Over three years ago, previous LIG Assets management borrowed $500,000 from TCA Global. The debt subsequently accrued interest and penalties that ballooned to over $1 million. It is noted that TCA Global did receive some payments against the original loan.

TCA Global was by far LIG Assets, Inc.'s largest creditor, and all other creditors or claims against LIG Assets have been settled, are in the process of being settled, or management believes can be settled amicably.

Aric Simons, Chief Legal Counsel for LIG Assets, was instrumental in negotiation of the amicable settlement with TCA Global and their representation. Mr. Simons stated, "We are pleased to come to an agreement that benefits all parties, and appreciate everyone related to TCA Global for working with us on a fair settlement."

Previous management of LIG Assets, Inc. will be responsible for paying over half of the reduced negotiated settlement over a two-year time frame. Again, no dilution to LIGA stock occurred or is expected to occur from this Settlement Agreement, and no payment in cash or stock was made to previous management for this commitment. As long as LIG Assets abides by the terms of the agreement, it owes TCA Global only a remaining $220,000 over the next two years for its portion of the settlement.

[pepi]

Are we still the same price as every week for the last twelve months? Lmfao is the company using any electric? No? Ah well let me know when they switch the light on.

[stock king 1]

that is bs notes were not paid, the rate was 18% not 5% as you stated..lie lie lie lie


Convertible debt with a fixed conversion rate

At August 31 , 2016 and November 30, 2015, the Company owed a lender $138,000, in connection with two notes that are past due, are in default, bear a default interest rate of 18% per annum, and are convertible at prices of $0.015 and $0.02 cents per share.

they do not have enough money to buy a pot to piss in,,,what a crooked company a bunch of stealing crooks..

[stock king 1]

your wrong again as you stated its was 1 million here is the truth its in the last 10q they posted. yepppers $10 million...company garbage

Note 2 – Going Concern Matters and Realization of Assets

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the ordinary course of business. However, the Company has sustained substantial losses from its operations in recent years and as of August 31, 2016, the Company has negative working capital of $9,853,596 and a stockholders’ deficit of $10,399,353. In addition, the Company is unable to meet its obligations as they become due and sustain its operations.

[stock king 1]

yes 10 million they screwed their own lenders and you can see their in a lawsuit.

correct no product ,no sales,no revenue, no legit office ,no employees,no volume,dishonest crooked ceo, no money, and 3.78 billion of worthless shares. growbig was closed it was all a scam.

imho and what ceo paul riss has done in the failed 6 yrs,is crooked as they get...




Note 2 – Going Concern Matters and Realization of Assets

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the ordinary course of business. However, the Company has sustained substantial losses from its operations in recent years and as of August 31, 2016, the Company has negative working capital of $9,853,596 and a stockholders’ deficit of $10,399,353. In addition, the Company is unable to meet its obligations as they become due and sustain its operations.

[DSherman]

Exactly like 98% of all penny stocks, cut and paste is certainly boring when constantly reposted, it is usually printed by those precipitous traders who did not take the time to DD prior to losing money on a trade. 95% of these posters are looking for a scapegoat to shelter their own inadequacy re trading. Very sad
PVSPCANARYCANALYTI$$$$$$$$$$$$

[stock king 1]

August 31, 2016, the Company has negative working capital of $9,853,596 and a stockholders’ deficit of $10,399,353. In addition, the Company is unable to meet its obligations as they become due and sustain its operations.

[stock king 1]

read this and also look up the lawsuits that are pending ,,see how he does nothing but screw his lenders just like he screw his shareholders..

ceo paul riss is a crooked thief period .

Note 2 – Going Concern Matters and Realization of Assets

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the ordinary course of business. However, the Company has sustained substantial losses from its operations in recent years and as of August 31, 2016, the Company has negative working capital of $9,853,596 and a stockholders’ deficit of $10,399,353. In addition, the Company is unable to meet its obligations as they become due and sustain its operations.

The Company may not be able to raise sufficient additional debt, equity or other cash on acceptable terms, if at all. Failure to generate sufficient revenues, achieve certain other business plan objectives or raise additional funds could have a material adverse effect on the Company’s results of operations, cash flows and financial position, including its ability to continue as a going concern, and may require it to significantly reduce, reorganize, discontinue or shut down its operations.

In view of the matters described above, recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheet is dependent upon continued operations of the Company which, in turn, is dependent upon the Company’s ability to meet its financing requirements on a continuing basis, and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue in its existence. Management’s plans include efforts to preserve current revenue sources, develop new revenue sources and negotiate further debt reductions with creditors.

There can be no assurance that the Company will be able to achieve its business plan objectives or be able to achieve or maintain cash-flow-positive operating results. If the Company is unable to generate adequate funds from operations or raise sufficient additional funds, the Company may not be able to repay its existing debt, continue to operate its network, respond to competitive pressures or fund its operations. As a result, the Company may be required to significantly reduce, reorganize, discontinue or shut down its operations. The financial statements do not include any adjustments that might result from this uncertainty.

[stock king 1]

they can sugar coat it all they want , but mr crooked failing ceo paul riss will always be a scum lying stealing crook.

just do your research on the last 6 yrs of this pile of crap see the billions of worthless shares out there, millions in debt,loans not paid,lawsuits.....how much more proof does one need ..

ceo ,paul lying crooked riss should be in jail period .

once the lawsuits are done and he adds billions more to the 3.78 billion already. he will find another scam he will try to sell ..

once a crook always a crook.....read the 10-q beofre you lose money in this crap . and again 10-q and the performance do not lie let alone the lawsuits...paul riss is scum and a crook......

[madeindet]

ARTY...not going to happen like you wish!! TCA settles and restructures with other clients.

Appears they FUND the same companies they sued.

GOOGLE TCA FORBEARANCE LETTER??

Study their history of suits and settlements


They seem to settle many of these cases with their clients, favorable for both sides.

Waiting on the announcement re: PVSP!! Which means what you are hoping for will never happen in our lifetime.

[Arthur]

So, do you consider that 4 billion new dilutive PVSP shares would be a fair price for the $1,164,460.50 plus interest that TCA Global is claiming ?

It is extremely unlikely that Pervasip will find new toxic funding as long as their TCA Global default is not settled. Among others, the TCA Global loan is guaranteed by all of Pervasip's assets.

[DSherman]

All of the lenders settle, it's part of the high stakes/profitable toxic lender business. They are not subjected to regulatory parameters that force banks/hedge fund bond holders to foreclose. What's in it for them to close down a penny stock, NADA; what's in it for them to keep it going into a new direction, $$$$$!!!!! We have seen this scenario play out positively with Riss a few times. Ready for another round!!!
PVSPCANARYCANALYTIX:)$$$$$:):):)

[madeindet]

ARTY...Appears TCA settles and restructures with other clients.

GOOGLE TCA FORBEARANCE LETTER??

They seem to settle many of these cases with their clients, favorable for both sides.

Waiting on the announcement re: PVSP!! Which means what you are hoping for will never happen in our lifetime.

[Bjones2]

All the negative issues already PRICED in.

Price already reflects all of those issues, look forward, passing means nothing to future success.

[Arthur]

How's the lawsuit against Pervasip's going ?

Will it be settled for a few billions dilutive PVSP shares ?