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Back up the truck. The future of Mobile VoIP is 36 BILLION dollars in a few years. Hold long. Tuck the shares away for a year. And kaboom.
Why so much shorting?
Rough numbers show about 10 million shares sold SHORT just in the month of Feb on PVSP. What will happen when good news comes out and the price once again goes above .05 or higher?
Im thinking a major sqeeze!!!! GLTAL
?Did the mms short the stock to close out the month of February? Notice the patterns each month as there seems to be a sell off. This move down was orchestrated by the 3 main players NITE, UBSS and ETMM.
Notice how they widen the spread between the bid/ask and how they positioned their bids around the 50 day ma of .031.
So I guess the only question that needs to be answered then is Pevasip and Vox up to the task to take advantage of this mobile explosion.
Mobile World Congress all about MOBILE Data & Video this weekend
We are smack dead center in this exploding market with millions and millions of Android devices that will need Apps & digital networks to operate and especially VIDEO, no one does it better than VOX.
Hands On With the Samsung Galaxy Beam
The projector phone is back! But can this one succeed where others have failed?
By Sascha Segan
February 26, 2012 01:00pm EST3 Comments
BARCELONA—Will the Samsung Galaxy Beam be the projector-phone to finally crack the U.S. market? I got a little time with it today, and the company hopes the new smartphone's thinness and brightness will have us all projecting our videos onto the ceiling.
The Samsung Galaxy Beam is a good-looking, midrange Android smartphone with one special thing: a Cyclopean eye up top that beams a 15-lumen image out the front onto whatever surface you can find. It isn't thick, at 12.5mm, and its soft-touch gray back is accented with a bright yellow band around the edge. The lens doesn't get in the way of slipping the phone into your pocket.
http://www.pcmag.com/article2/0,2817,2400751,00.asp
LOL Meerkat, great comment.
"This week we learned how not to sell off a position."
Daubers, that was my concern also
that everytime an insider buys it backs the
news announcement time another 30 days.
Maybe someone can either confirm or deny this.
On anoter note:
We finish with our first down week in 5 weeks.
Past 6 weeks:
Starting 5 weeks ago:
+10.7%
+19.35%
+16.2%
+23.25%
-24.5%
+42.85% in that time.
Our RSI is now 50.03
thats happed to me on this stock
Wondering how big us being in China could be?
I just see so much revenue for us in the future.
http://www.penn-olson.com/2012/02/23/miit-says-telecom-growth-outpaced-gdp-growth-last-year/
MIIT Says Telecom Growth Outpaced GDP Growth Last Year
3 days ago by C. Custer, in Mobile, Web
2/23/2012
Discussion: 2 |
1607Author's RSSThis RSS
9
inShare.inShare.
Phones. Lots of people are using them. (via New York Times)
Everyone knows China’s GDP has been climbing at a pretty astonishing rate for some time now. But the telecommunications industry is growing too, and at a conference today MIIT chief engineer Wang Xiujun announced that for the first time ever, telecom industry growth outpaced GDP growth in 2011 in China.
The overall telecom industry growth was 10 percent, Wang reported, and revenues rose 15.5 percent over the previous year for a total of over 11 trillion RMB ($1.7 trillion).
Some other impressive stats Wang shared about China’s telecom industry as of the end of 2011:
•China has 1.27 billion phone users.
•China has 986 million mobile phone users.
•China has 128 million 3G users.
•China has 156 million broadband subscribers, 84 percent of which have at least 2 Mb/sec connections.
•China has 513 million total net users.
•China has 13.5 million IPTV users.
•China has 59 million people watching video on their phones.
Impressed yet? If not, 2012 should bring further improvements. Wang said goals include better broadband penetration, three-network (phone, internet, TV) integration, and just generally making things better. Here’s hoping they’ll get to work on the abysmally slow internet.
[via Sina Tech]
Shorty...Better cover cause we are going to push this baby up.
He Mad...Something I noticed on Friday when I picked up 14,016 shares of PVSP. I place the limit order at .035 which was the ask price when there was 50,000 shares available at the ask.
I waited about 4 minutes until they filled my order. Usually it's quick but it took a long time this time. Not sure if I'm reading too much into this. I was thinking they were going to move the ask up and not fill me or they were waiting me out to see if I would back off?
What do you think? Thanks.
Mad...I never really noticed that but glad to see that PVSP stock is getting some wild swings. This indicates a lot more players here which is a sign of our stock moving up to the next step.
These declines really don't concern me....I just see them as an opportunity for me or others here who want to add to their positions before the big one comes. Those poor short term traders don't have a chance with the MM's playing their games...declines of how much in one day....25%-35%....that would scare almost anyone away.
Ever notice how the mms take the stock down at the end of each month by keeping a wide spread and dropping their bids looking for weak sellers. Its Evident the mms are not trading independently making a orderly market, but conspire with each other to drop the bid. Note the close and how they fractionally lifted the bid.
I wish...holding 185K shares tight and still accumulating. Wish I could be a bigger player but doing the best I can. Getting a little here and there.
KT...you a seven figure holder yet?
Correct....we got players out there with millions of shares that sometimes have to sell so they pay 18-20K to pump us up so they can sell....This is just part of the game of PVSP growing up. It's nice to know those players are out there and invested with us because those are the ones which will push us up when we get our MEGA RUN which will be here one day and none of us know when its going to happen.
There too much happening now in this sector...All we need is a small piece of the pie to have a higher valuation. If we get a larger chunk, we will explode. I'm not expecting a ramp on in revenues till next year so hold on tight.
You got that right Pistol.....That's why I was there buying in the .03's on Friday....I practically dropped everything and ran to scottrade to drop off a check.....Thinking I got lucky on a .035 share buy.
Historical Prices
Date Open High Low Close Volume Adj
Close
2012/02/24 0.042 0.042 0.032 0.040 897,526 0.040
2012/02/23 0.051 0.051 0.035 0.036 1,498,362 0.036
2012/02/22 0.054 0.054 0.043 0.051 731,386 0.051
2012/02/21 0.055 0.055 0.047 0.054 1,308,702 0.054
2012/02/20 - 0.055 0.047 - - -
2012/02/17 0.051 0.055 0.047 0.053 3,740,894 0.053
2012/02/16 0.048 0.048 0.043 0.047 1,440,869 0.047
2012/02/15 0.051 0.056 0.043 0.050 1,340,591 0.050
2012/02/14 0.052 0.058 0.052 0.055 3,498,603 0.055
2012/02/13 0.043 0.053 0.042 0.052 2,716,523 0.052
2012/02/10 0.041 0.044 0.040 0.043 1,674,104 0.043
2012/02/09 0.041 0.042 0.038 0.040 1,526,528 0.040
2012/02/08 0.039 0.042 0.035 0.042 1,060,346 0.042
2012/02/07 0.045 0.045 0.038 0.039 2,193,848 0.039
2012/02/06 0.037 0.044 0.030 0.044 2,994,357 0.044
2012/02/03 0.033 0.038 0.030 0.037 1,558,757 0.037
2012/02/02 0.034 0.034 0.028 0.031 919,331 0.031
2012/02/01 0.026 0.029 0.025 0.029 844,308 0.029
2012/01/31 0.030 0.030 0.026 0.029 606,125 0.029
2012/01/30 0.031 0.031 0.028 0.029 689,800 0.029
2012/01/27 0.027 0.034 0.027 0.031 1,924,591 0.031
2012/01/26 0.030 0.030 0.028 0.030 258,460 0.030
2012/01/25 0.030 0.030 0.025 0.029 1,206,057 0.029
2012/01/24 0.030 0.030 0.028 0.030 163,869 0.030
2012/01/23 0.028 0.030 0.027 0.030 449,625 0.030
2012/01/20 0.027 0.028 0.027 0.028 431,331 0.028
2012/01/19 0.029 0.029 0.027 0.027 772,022 0.027
2012/01/18 0.029 0.030 0.027 0.029 617,400 0.029
2012/01/17 0.034 0.034 0.020 0.030 1,920,258 0.030
2012/01/16 - 0.035 0.030 - - -
2012/01/13 0.034 0.035 0.030 0.034 2,899,592 0.034
2012/01/12 0.030 0.032 0.029 0.031 4,207,197 0.031
2012/01/11 0.024 0.030 0.024 0.029 1,156,467 0.029
2012/01/10 0.022 0.025 0.021 0.025 872,361 0.025
2012/01/09 0.022 0.022 0.020 0.022 722,092 0.022
2012/01/06 0.016 0.020 0.016 0.020 489,848 0.020
2012/01/05 0.030 0.030 0.015 0.018 654,328 0.018
2012/01/04 0.018 0.020 0.014 0.018 860,520 0.018
2012/01/03 0.025 0.026 0.015 0.018 1,706,470 0.018
2012/01/02 - 0.022 0.016 - - -
2011/12/30 0.016 0.022 0.016 0.020 341,270 0.020
2011/12/29 0.020 0.022 0.019 0.020 735,166 0.020
2011/12/28 0.019 0.024 0.019 0.020 159,638 0.020
2011/12/27 0.021 0.026 0.018 0.023 367,997 0.023
2011/12/26 - 0.031 0.022 - - -
2011/12/23 0.026 0.031 0.022 0.023 521,966 0.023
2011/12/22 0.015 0.026 0.015 0.023 520,936 0.023
2011/12/21 0.021 0.022 0.018 0.022 237,484 0.022
2011/12/20 0.020 0.021 0.016 0.020 765,751 0.020
2011/12/19 0.024 0.024 0.020 0.024 522,050 0.024
2011/12/16 0.018 0.025 0.017 0.024 1,632,133 0.024
2011/12/15 0.028 0.028 0.018 0.018 4,004,441 0.018
2011/12/14 0.033 0.035 0.028 0.028 1,885,882 0.028
2011/12/13 0.025 0.035 0.024 0.031 3,100,531 0.031
2011/12/12 0.020 0.024 0.019 0.023 2,493,663 0.023
2011/12/09 0.017 0.020 0.0083 0.019 3,349,846 0.019
2011/12/08 0.017 0.018 0.016 0.017 798,351 0.017
2011/12/07 0.015 0.017 0.015 0.016 2,927,390 0.016
2011/12/06 0.012 0.015 0.012 0.015 1,912,710 0.015
2011/12/05 0.010 0.016 0.010 0.012 3,503,390 0.012
2011/12/02 0.014 0.014 0.012 0.013 1,423,566 0.013
2011/12/01 0.013 0.015 0.0096 0.013 915,686 0.013
2011/11/30 0.0099 0.012 0.0093 0.012 2,694,681 0.012
2011/11/29 0.0080 0.0098 0.0080 0.0098 218,743 0.0098
2011/11/28 0.0090 0.012 0.0080 0.010 939,457 0.010
2011/11/25 0.0071 0.0095 0.0060 0.0090 384,867 0.0090
2011/11/24 - 0.0071 0.0067 - - -
2011/11/23 0.0071 0.0071 0.0067 0.0070 299,000 0.0070
2011/11/22 0.0070 0.0076 0.0069 0.0075 547,897 0.0075
2011/11/21 0.0070 0.0070 0.0060 0.0069 603,271 0.0069
2011/11/18 0.0070 0.0073 0.0059 0.0065 1,830,412 0.0065
2011/11/17 0.0070 0.0070 0.0060 0.0070 871,250 0.0070
2011/11/16 0.0090 0.0090 0.0070 0.0080 336,500 0.0080
2011/11/15 0.0095 0.0098 0.0070 0.0093 730,821 0.0093
2011/11/14 0.0070 0.0097 0.0070 0.0095 496,288 0.0095
2011/11/11 0.0070 0.0070 0.0070 0.0070 115,000 0.0070
2011/11/10 0.0065 0.0095 0.0060 0.0095 520,778 0.0095
2011/11/09 0.0065 0.0065 0.0051 0.0065 2,499,810 0.0065
2011/11/08 0.0064 0.0064 0.0055 0.0055 133,500 0.0055
2011/11/07 0.0064 0.0064 0.0050 0.0055 1,644,185 0.0055
2011/11/04 0.0051 0.0055 0.0050 0.0055 781,215 0.0055
2011/11/03 0.0058 0.0060 0.0052 0.0058 1,250,874 0.0058
2011/11/02 0.0060 0.0065 0.0055 0.0055 948,794 0.0055
2011/11/01 0.0070 0.0080 0.0050 0.0070 1,657,143 0.0070
2011/10/31 0.0090 0.0090 0.0073 0.0073 2,135,995 0.0073
2011/10/28 0.0090 0.0095 0.0090 0.0095 54,500 0.0095
2011/10/27 0.010 0.010 0.0084 0.0087 400,300 0.0087
2011/10/26 0.012 0.012 0.0090 0.0098 1,841,452 0.0098
2011/10/25 0.011 0.012 0.010 0.012 507,600 0.012
2011/10/24 0.0090 0.012 0.0087 0.012 1,254,705 0.012
2011/10/21 0.010 0.010 0.0081 0.0087 2,032,236 0.0087
2011/10/20 0.0090 0.011 0.0080 0.010 2,318,730 0.010
2011/10/19 0.0079 0.0080 0.0075 0.0080 582,000 0.0080
2011/10/18 0.0070 0.0080 0.0070 0.0079 483,072 0.0079
2011/10/17 0.0082 0.0089 0.0082 0.0088 167,228 0.0088
2011/10/14 0.0095 0.011 0.0090 0.0095 734,711 0.0095
2011/10/13 0.011 0.011 0.010 0.010 341,800 0.010
2011/10/12 0.010 0.012 0.010 0.012 366,272 0.012
2011/10/11 0.0095 0.011 0.0095 0.011 214,100 0.011
2011/10/10 0.010 0.011 0.0095 0.0095 142,900 0.0095
You mean 5 days before the end of the 1st Q.
Fiscal year ends 11/30. Thus, I expect the 10K in 2-3 weeks.
Feb 8th PR
"The Company expects to add several upgrades in the coming weeks that include video calling, international calling plans and a prepaid international usage feature."
Still on upgrades since Feb 3rd
https://market.android.com/details?id=net.voxcorp&hl=en
Well just to play devils advocate, look what happened last May when insider buyer happened. Do believe this is different now, at least I hope so.
One thing I do know the time for rhetoric is over. Company needs to start having tangible results. Only 5 weeks till end of 1st qtr and still waiting for something,anything other than forward looking statements. Lets hope for that blockbuster PR soon.
Now before anyone gets excited I am not bashing. Now need to tell me if I dont believe to get out or some such other nonsense because I am holding.
Shorts were active Friday as most down days
They really are trying to shake the tree hard, need those cheap share.
http://www.shortvolume.com/
Any chance that you have seen stockhaven and their report coming Monday about insider buying? Could it be?
On Friday - there were (once again) 486,950 shares sold short by the market makers NITE, ETMM and AUTO.
From FINRA reporting:
20120224|PVSP|486950|0|897526|O
Why did they short it ?
Because they knew that emotional shareholders would react lon the board, and give their shares to the MM's cheaper on Monday.....
PVSP is eliminating all their debt, once cash flow positive we will all be in a better place.
People who sweat and cringe over every single percentage of a penny will let this last week scare them off, the people who truly know where this company is headed will reap the benefits of those who sell in fear.
The CIO and CEO bought 10 grand a piece worth of shares this week at a much higher price than what they could of bought it at.
I have the uptmost faith and confidence in both of them.
PVSP
We can expect more Promos. Plan accordingly.
Why would the CEO buy stock and then dilute his own stock? IF they have to sale a few shares to cover their payments, so be it. As long as their debt goes from 14 million to 1.7 mil, I'm good with it. The chart doesn't show any signs of dilution at all, which is good. THe chart had to correct and that has happened now. Still loving this bad boy!! GLTA
Sure weren't any signs of dilution going on this week, if you just go by the volume. Just average to slightly below average volume for the stock all four days.
http://www.shortvolume.com/
Good morning everybody. have a great day! and a great weekend, Go PVSP!!!!! Tut
Is anybody else using Arthur as a help as a contrarian investor. I certainly am, WHATEVER HE SAYS ,IF YOU DO THE OPPOSITE ,IT ALL SEEMS TO PAN OUT OK!!
I Think people are missing the point with this 8k!! they issued 13 million shares and it retired half the $5 million to laurus! so twice that means for 26 million shares , the debt would retire over $5 million!! Companies going debt free and cash flow positive from here.It also confirms that all debt to laurus is now controlled, paving the way for inward investment.
StochRSI and Williams% bounced off oversold levels today. Check out the chart
Stockcharts.com
Agreed Daubers!
True! It costs money to make money...
This train is about to leave the station!
This could have paid yahoo? Or any other big campaign coming up?
I'll try and get info out if Paul this weekend...
Have a great weekend!
PVSP
I am in PVSP for the long run as well
Yes, there was a 10-to-1 RS on 09/22/2010.
There were around 3.2 million shares outstanding just after the Split.
The A/S has been increased to 250 million shares recently.
Also, The CEO now controls 49% of voting shares, no matter how many common share he owns.
Share count is low is because they recently did a R/S. At the rate they putting out shares will another R/S be in our future.
Further more, it is not 'they' versus the shareholders. If anyone doesn't believe in the product, the CEO, the business plan, etc., they should probably look elsewhere. In the meantime, it's not 'they', it's 'us': we are part owners, in it because we believe. By the way, I've had plenty of experience in business, so I'm not drinking the coolaid here: I sincerely believe in this investment. Until I see something to change that, I stay for dollars.
This company found a way to survive the recession: the only ones who lost money are the ones who sold. I'm happy to stick this out!
PVSP!
There is a clause in the JDM contract:
B. The Company covenants that it will at all times reserve and keep available out of its authorized and unissued shares of Common Stock solely for the purpose of issuance upon conversion of this Agreement.
Here's the golden rule: It takes money to make money! I'm OK with this .. the share count is still way lower than many big 'successful' companies. Not worried at all about this.
PVSP!
$19,411,930 of debt, including $13,318,783 to Valens, and $456,199 to our beloved CEO Riss.
And $1,455,819 of debentures "derivative".
They also owe $2,618,990 of Accounts Payable, which does include the Riss debt.
They also issue shares from time to time to pay bills, like appearances to stock-pumping shows.
How much more debt do they have that the shareholders are going to have pay for.
Between February 13, 2012 and February 21, 2012, Pervasip Corp. (the “Company”) issued a total of 13,555,809 shares of its common stock, par value $0.001, in settlement of $300,000 of debt owed by the Company to various third parties.
Compare to the recent press release:
WHITE PLAINS, N.Y., Feb. 21, 2012 /PRNewswire via COMTEX/ -- Pervasip Corp. (otcqb:PVSP) (the "Company"), a provider of mobile VoIP and video telephone services that utilize cloud-based technology, announced today that JDM Group, LLC ("JDM") has made an initial payment of $600,000 to the Company's secured lenders, which resulted in a debt reduction to the Company of $4,779,634.
I think this 13.5M shares didn't go to JDM.
Maybe you know now where the recent dumps are coming from.
so where does that put the outstanding and the float now?
New 8k out. Looks like we issued another 13 million shares to cover outstanding debt.
They waited till after close to release it.
After international app is released I hope they buckle down and get that video app rolled out asap. That imo is going to be what puts us over the top.
That is what it all bols down to.
FYI. Today's close was Green +9.42%
Referring to the .033 trade but thanks for the .0395 trade too......Have a good weekend.
Pump & Dump started Friday & Tuesday that's why I say I hope they're done dumping shares. The whole week has been red...
Really hoping for some product release date news next week. If they are planning the int'l LD and APP release by first quarter its time to start rolling it out.
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