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PVSP HUGE NEWS IMO,
VoX Communications Partners with Nimbuzz to Launch iPhone Mobile VoIP App for Wi-Fi and 3G Data Networks
THE VOX UNLIMITED MOBILE VOIP CALLING PLAN PRICED FROM $4.95 A MONTH IS NOW AVAILABLE FOR THE APPLE IPHONE
WHITE PLAINS, N.Y., Dec. 30, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp.'s (OTC Bulletin Board: PVSP) wholly-owned subsidiary, VoX Communications Corp., a leading cloud-based communications solutions, apps and services provider, and Nimbuzz, the free call and messaging app for the connected generation, today announced the release of a new VoIP app, VoX - Mobile Out - for iPhone(R).
Embedded within Nimbuzz, VoX Mobile Out is a compelling new option for inexpensive cloud-based calling for iPhone phone owners within the U.S. Pervasip's Chief Information Officer, Mark Richards, noted, "We are very excited in becoming the first U.S.-based premier partner to integrate our cloud-based SIP mobile calling software with Nimbuzz. A smooth and easy download, people appreciate having a phone line from VoX, which gives them a second phone number, a second voice mail box and low-priced VoIP calling plans that run over both the 3G and WiFi data networks. We see reports of millions of App store downloads and we are pleased that we can now be a service provider on these mobile devices."
With 30 million users, Nimbuzz recently published record numbers of 3.65 billion mobile voice minutes over the past year and 150,000,000 downloads of its application since launch in May 2008, with 50% of the downloads originating from Nimbuzz.com. It is also one of the best performing applications in the popular Ovi and GetJar application stores.
"The addition of VoX to the Nimbuzz service offering, supports our mission to give people the freedom and power to choose how they communicate, across any device and network, wherever they are. We believe the service will be a great success given its relevance to the increasingly savvy and demanding US mobile phone market and dramatic uptake of mobile devices," said Evert Jaap Lugt, CEO, Nimbuzz.
Every Nimbuzz iPhone download now presents the VoX logo as the second icon on the SIP providers list within the installed Nimbuzz application.
INSTAT Estimates that the number of Mobile VoIP Users Will Approach 300 Million by 2013. For more information visit http://www.instat.com/press.asp?ID=2747&sku=IN0904428MCM
The Nimbuzz iPhone App with VoX Mobile Out calling can be downloaded from the VoX website at http://www.voxcorp.net.
About VoX Communications:
VoX Communications Corp. delivers voice over IP (VoIP) telephone services to consumers over mobile broadband connections and to the residential and small business markets over fixed broadband connections. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
About Nimbuzz:
Nimbuzz is the free calls and messaging app for the connected generation. The multi award-winning Nimbuzz application enables people to enjoy free calls, instant messaging, and social networking, using the Internet capabilities of their mobile device.
With more than 30 million users and over 80,000 new registrations per day, Nimbuzz is currently used in more than 220 countries worldwide and is available on thousands of the world's most popular devices across all major platforms - Symbian, iPhone, iPod touch, Android, BlackBerry, J2ME, as well as Windows and Mac desktop computers. Web and WAP clients are also available. Social networks and communities supported by Nimbuzz include Facebook(R), Windows Live Messenger (MSN(R)), GoogleTalk(TM), Twitter, Yahoo!(R), AIM(R), MySpace and Hyves.
For more information go to http://blog.nimbuzz.com or follow @nimbuzz on Twitter.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control.For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
www.prnewswire.com
Iphone News,
VoX Communications Partners with Nimbuzz to Launch iPhone Mobile VoIP App for Wi-Fi and 3G Data Networks
THE VOX UNLIMITED MOBILE VOIP CALLING PLAN PRICED FROM $4.95 A MONTH IS NOW AVAILABLE FOR THE APPLE IPHONE
WHITE PLAINS, N.Y., Dec. 30, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp.'s (OTC Bulletin Board: PVSP) wholly-owned subsidiary, VoX Communications Corp., a leading cloud-based communications solutions, apps and services provider, and Nimbuzz, the free call and messaging app for the connected generation, today announced the release of a new VoIP app, VoX - Mobile Out - for iPhone(R).
Embedded within Nimbuzz, VoX Mobile Out is a compelling new option for inexpensive cloud-based calling for iPhone phone owners within the U.S. Pervasip's Chief Information Officer, Mark Richards, noted, "We are very excited in becoming the first U.S.-based premier partner to integrate our cloud-based SIP mobile calling software with Nimbuzz. A smooth and easy download, people appreciate having a phone line from VoX, which gives them a second phone number, a second voice mail box and low-priced VoIP calling plans that run over both the 3G and WiFi data networks. We see reports of millions of App store downloads and we are pleased that we can now be a service provider on these mobile devices."
With 30 million users, Nimbuzz recently published record numbers of 3.65 billion mobile voice minutes over the past year and 150,000,000 downloads of its application since launch in May 2008, with 50% of the downloads originating from Nimbuzz.com. It is also one of the best performing applications in the popular Ovi and GetJar application stores.
"The addition of VoX to the Nimbuzz service offering, supports our mission to give people the freedom and power to choose how they communicate, across any device and network, wherever they are. We believe the service will be a great success given its relevance to the increasingly savvy and demanding US mobile phone market and dramatic uptake of mobile devices," said Evert Jaap Lugt, CEO, Nimbuzz.
Every Nimbuzz iPhone download now presents the VoX logo as the second icon on the SIP providers list within the installed Nimbuzz application.
INSTAT Estimates that the number of Mobile VoIP Users Will Approach 300 Million by 2013. For more information visit http://www.instat.com/press.asp?ID=2747&sku=IN0904428MCM
The Nimbuzz iPhone App with VoX Mobile Out calling can be downloaded from the VoX website at http://www.voxcorp.net.
About VoX Communications:
VoX Communications Corp. delivers voice over IP (VoIP) telephone services to consumers over mobile broadband connections and to the residential and small business markets over fixed broadband connections. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
About Nimbuzz:
Nimbuzz is the free calls and messaging app for the connected generation. The multi award-winning Nimbuzz application enables people to enjoy free calls, instant messaging, and social networking, using the Internet capabilities of their mobile device.
With more than 30 million users and over 80,000 new registrations per day, Nimbuzz is currently used in more than 220 countries worldwide and is available on thousands of the world's most popular devices across all major platforms - Symbian, iPhone, iPod touch, Android, BlackBerry, J2ME, as well as Windows and Mac desktop computers. Web and WAP clients are also available. Social networks and communities supported by Nimbuzz include Facebook(R), Windows Live Messenger (MSN(R)), GoogleTalk(TM), Twitter, Yahoo!(R), AIM(R), MySpace and Hyves.
For more information go to http://blog.nimbuzz.com or follow @nimbuzz on Twitter.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control.For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
www.prnewswire.com
PVSP Iphone News,
VoX Communications Partners with Nimbuzz to Launch iPhone Mobile VoIP App for Wi-Fi and 3G Data Networks
THE VOX UNLIMITED MOBILE VOIP CALLING PLAN PRICED FROM $4.95 A MONTH IS NOW AVAILABLE FOR THE APPLE IPHONE
WHITE PLAINS, N.Y., Dec. 30, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp.'s (OTC Bulletin Board: PVSP) wholly-owned subsidiary, VoX Communications Corp., a leading cloud-based communications solutions, apps and services provider, and Nimbuzz, the free call and messaging app for the connected generation, today announced the release of a new VoIP app, VoX - Mobile Out - for iPhone(R).
Embedded within Nimbuzz, VoX Mobile Out is a compelling new option for inexpensive cloud-based calling for iPhone phone owners within the U.S. Pervasip's Chief Information Officer, Mark Richards, noted, "We are very excited in becoming the first U.S.-based premier partner to integrate our cloud-based SIP mobile calling software with Nimbuzz. A smooth and easy download, people appreciate having a phone line from VoX, which gives them a second phone number, a second voice mail box and low-priced VoIP calling plans that run over both the 3G and WiFi data networks. We see reports of millions of App store downloads and we are pleased that we can now be a service provider on these mobile devices."
With 30 million users, Nimbuzz recently published record numbers of 3.65 billion mobile voice minutes over the past year and 150,000,000 downloads of its application since launch in May 2008, with 50% of the downloads originating from Nimbuzz.com. It is also one of the best performing applications in the popular Ovi and GetJar application stores.
"The addition of VoX to the Nimbuzz service offering, supports our mission to give people the freedom and power to choose how they communicate, across any device and network, wherever they are. We believe the service will be a great success given its relevance to the increasingly savvy and demanding US mobile phone market and dramatic uptake of mobile devices," said Evert Jaap Lugt, CEO, Nimbuzz.
Every Nimbuzz iPhone download now presents the VoX logo as the second icon on the SIP providers list within the installed Nimbuzz application.
INSTAT Estimates that the number of Mobile VoIP Users Will Approach 300 Million by 2013. For more information visit http://www.instat.com/press.asp?ID=2747&sku=IN0904428MCM
The Nimbuzz iPhone App with VoX Mobile Out calling can be downloaded from the VoX website at http://www.voxcorp.net.
About VoX Communications:
VoX Communications Corp. delivers voice over IP (VoIP) telephone services to consumers over mobile broadband connections and to the residential and small business markets over fixed broadband connections. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
About Nimbuzz:
Nimbuzz is the free calls and messaging app for the connected generation. The multi award-winning Nimbuzz application enables people to enjoy free calls, instant messaging, and social networking, using the Internet capabilities of their mobile device.
With more than 30 million users and over 80,000 new registrations per day, Nimbuzz is currently used in more than 220 countries worldwide and is available on thousands of the world's most popular devices across all major platforms - Symbian, iPhone, iPod touch, Android, BlackBerry, J2ME, as well as Windows and Mac desktop computers. Web and WAP clients are also available. Social networks and communities supported by Nimbuzz include Facebook(R), Windows Live Messenger (MSN(R)), GoogleTalk(TM), Twitter, Yahoo!(R), AIM(R), MySpace and Hyves.
For more information go to http://blog.nimbuzz.com or follow @nimbuzz on Twitter.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control.For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
www.prnewswire.com
Just cover your short.
The NEWS looks positive and you are a buyer imo.
PVSP, BREAKOUT ALERT, http://stockcharts.com/h-sc/ui?s=pvsp
Looks ready to head back to highs. The bashers are surely buyers. imo.
PVSP, GET READY FOR THE MOMO. AFTER .065 KABOOM IMO.
PVSP, WATCH THE MOMO BEGIN IMO.
PVSP chart, http://stockcharts.com/h-sc/ui?s=pvsp
PVSP Breakout, chart, http://stockcharts.com/h-sc/ui?s=pvsp
PVSP Rock and roll.
PVSP pre market trade.
PVSP Gap and run imo.
Paul Riss, Pervasip's Chief Executive Officer, stated that "We appreciate the support of our lender and our investors who helped us reduce the total number of fully-diluted shares in the company and increase shareholder value. Now that the warrants have been eliminated, we are focusing on a debt settlement agreement that we have been working on with our lender. We are satisfied with the terms of the preliminary agreement, and we hope to finalize an agreement soon."
VoX Communications Launches Ojo Vision Digital Video Phone and Service
-- NOW OFFERING TRUE TO LIFE HIGH QUALITY VIDEO CALLING -- HIGHLY AFFORDABLE, UNLIMITED VIDEO AND VOICE CALLING PLANS FOR CONSUMERS AND BUSINESS
WHITE PLAINS, N.Y., Dec. 29, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTC Bulletin Board: PVSP) announced that its wholly owned subsidiary, VoX Communications Corp., a leading provider of wholesale Voice over Internet Protocol (VoIP) telephone services and smartphone applications, has today launched the Ojo Vision Digital Video Phone and service as one of its core product offerings. VoX is one of the first companies to offer this unique voice and video solution as a home phone replacement to consumers and as a business-class commercial solution to small and medium size business customers.
Pervasip's Chief Information Officer, Mark Richards, noted, "Based on the growing consumer and business demand - bringing the Ojo Vision to our customers this year was very important to us. We are very excited to become one of the first companies to be able to offer this incredible product to both our retail and wholesale customer base. We have seen many video products over the years, and until now, none came up to our rigorous testing standards of quality - it surpassed even our high expectations of what a video phone product should be. The user experience from the minute the phone is unboxed is painless and the device brings immediate satisfaction to the consumer from the moment it is powered on."
In addition to the true-to-life video calling experience, each plan includes a full suite of traditional calling features like caller ID, call waiting and 3-way calling. Innovative features like 3-way video conferencing, connecting to a large screen LCD or TV and unlimited video calling are also included.
Ojo Vision Digital Video Phone features include:
High Quality Video over a seven-inch, high-resolution LCD digital screen
Simple plug-and-play installation
Works as a digital photo frame
Display to external TV or PC Monitor for enhanced calling experience
Enhanced contact list with snapshot pictures
VoX Digital Video Calling Plans starting from $9.95/month including:
Ojo Vision Digital Video Phone for $249.95 with no service contract
Unlimited voice calling in the U.S., Canada and Puerto Rico
Unlimited FREE voice and video calling to other VoX customers
Low rate international calling
For more information or to order the video phone visit: http://www.voxcorp.net/videophone/
About VoX Communications
VoX Communications Corp. delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. VoX recently entered the mobile VoIP services and applications arena, which is expected to approach 300 million users by 2013. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
PVSP Gap and run imo.
VoX Communications Launches Ojo Vision Digital Video Phone and Service
-- NOW OFFERING TRUE TO LIFE HIGH QUALITY VIDEO CALLING -- HIGHLY AFFORDABLE, UNLIMITED VIDEO AND VOICE CALLING PLANS FOR CONSUMERS AND BUSINESS
WHITE PLAINS, N.Y., Dec. 29, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTC Bulletin Board: PVSP) announced that its wholly owned subsidiary, VoX Communications Corp., a leading provider of wholesale Voice over Internet Protocol (VoIP) telephone services and smartphone applications, has today launched the Ojo Vision Digital Video Phone and service as one of its core product offerings. VoX is one of the first companies to offer this unique voice and video solution as a home phone replacement to consumers and as a business-class commercial solution to small and medium size business customers.
Pervasip's Chief Information Officer, Mark Richards, noted, "Based on the growing consumer and business demand - bringing the Ojo Vision to our customers this year was very important to us. We are very excited to become one of the first companies to be able to offer this incredible product to both our retail and wholesale customer base. We have seen many video products over the years, and until now, none came up to our rigorous testing standards of quality - it surpassed even our high expectations of what a video phone product should be. The user experience from the minute the phone is unboxed is painless and the device brings immediate satisfaction to the consumer from the moment it is powered on."
In addition to the true-to-life video calling experience, each plan includes a full suite of traditional calling features like caller ID, call waiting and 3-way calling. Innovative features like 3-way video conferencing, connecting to a large screen LCD or TV and unlimited video calling are also included.
Ojo Vision Digital Video Phone features include:
High Quality Video over a seven-inch, high-resolution LCD digital screen
Simple plug-and-play installation
Works as a digital photo frame
Display to external TV or PC Monitor for enhanced calling experience
Enhanced contact list with snapshot pictures
VoX Digital Video Calling Plans starting from $9.95/month including:
Ojo Vision Digital Video Phone for $249.95 with no service contract
Unlimited voice calling in the U.S., Canada and Puerto Rico
Unlimited FREE voice and video calling to other VoX customers
Low rate international calling
For more information or to order the video phone visit: http://www.voxcorp.net/videophone/
About VoX Communications
VoX Communications Corp. delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. VoX recently entered the mobile VoIP services and applications arena, which is expected to approach 300 million users by 2013. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
PVSP moving up nicely today on Good news.
PVSP, 4 million OS. MOMO time.
PVSP, Major momo coming imo.
PVSP breakout coming imo, http://stockcharts.com/h-sc/ui?s=pvsp
Warrants cancelled. This is going to fly imo!
Look at the chart, http://stockcharts.com/h-sc/ui?s=pvsp
PVSP Abougt to kaboom , http://stockcharts.com/h-sc/ui?s=pvsp
PVSP Abougt to kaboom , http://stockcharts.com/h-sc/ui?s=pvsp
PVSP....Breakout coming imo.
Pervasip Announces Cancellation of All Warrants Held by Its Lender
WHITE PLAINS, N.Y., Dec. 28, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTC Bulletin Board: PVSP), a provider of Voice over Internet Protocol (VoIP) telephone services, today announced that all of the 15,905,257 warrants held by its lender have been cancelled. The lender has agreed to cancel 25 million warrants for each $50,000 of equity injected by an investor group until all warrants are cancelled upon the receipt of $300,000 in total. The company received a total of $327,700 in new equity, and consequently, the company's lender has sent written notification that all its warrants have been cancelled.
Paul Riss, Pervasip's Chief Executive Officer, stated that "We appreciate the support of our lender and our investors who helped us reduce the total number of fully-diluted shares in the company and increase shareholder value. Now that the warrants have been eliminated, we are focusing on a debt settlement agreement that we have been working on with our lender. We are satisfied with the terms of the preliminary agreement, and we hope to finalize an agreement soon."
About Pervasip
Pervasip Corp. delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets through its wholly owned subsidiary, VoX Communications. Leveraging a nationwide VoIP network and internally developed proprietary software and product features, VoX offers a private-label digital voice program sold to cable operators, cell phone carriers, WiMax carriers, CLECs, ISPs and resellers. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
PVSP running on NEWS!
PVSP running hard here!
ADBI, Starting to move, .12 up .01.
Pervasip Announces Cancellation of All Warrants Held by Its Lender
WHITE PLAINS, N.Y., Dec. 28, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTC Bulletin Board: PVSP), a provider of Voice over Internet Protocol (VoIP) telephone services, today announced that all of the 15,905,257 warrants held by its lender have been cancelled. The lender has agreed to cancel 25 million warrants for each $50,000 of equity injected by an investor group until all warrants are cancelled upon the receipt of $300,000 in total. The company received a total of $327,700 in new equity, and consequently, the company's lender has sent written notification that all its warrants have been cancelled.
Paul Riss, Pervasip's Chief Executive Officer, stated that "We appreciate the support of our lender and our investors who helped us reduce the total number of fully-diluted shares in the company and increase shareholder value. Now that the warrants have been eliminated, we are focusing on a debt settlement agreement that we have been working on with our lender. We are satisfied with the terms of the preliminary agreement, and we hope to finalize an agreement soon."
About Pervasip
Pervasip Corp. delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets through its wholly owned subsidiary, VoX Communications. Leveraging a nationwide VoIP network and internally developed proprietary software and product features, VoX offers a private-label digital voice program sold to cable operators, cell phone carriers, WiMax carriers, CLECs, ISPs and resellers. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
PVSP News!
Pervasip Announces Cancellation of All Warrants Held by Its Lender
WHITE PLAINS, N.Y., Dec. 28, 2010 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTC Bulletin Board: PVSP), a provider of Voice over Internet Protocol (VoIP) telephone services, today announced that all of the 15,905,257 warrants held by its lender have been cancelled. The lender has agreed to cancel 25 million warrants for each $50,000 of equity injected by an investor group until all warrants are cancelled upon the receipt of $300,000 in total. The company received a total of $327,700 in new equity, and consequently, the company's lender has sent written notification that all its warrants have been cancelled.
Paul Riss, Pervasip's Chief Executive Officer, stated that "We appreciate the support of our lender and our investors who helped us reduce the total number of fully-diluted shares in the company and increase shareholder value. Now that the warrants have been eliminated, we are focusing on a debt settlement agreement that we have been working on with our lender. We are satisfied with the terms of the preliminary agreement, and we hope to finalize an agreement soon."
About Pervasip
Pervasip Corp. delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets through its wholly owned subsidiary, VoX Communications. Leveraging a nationwide VoIP network and internally developed proprietary software and product features, VoX offers a private-label digital voice program sold to cable operators, cell phone carriers, WiMax carriers, CLECs, ISPs and resellers. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2009 and any subsequent SEC filings.
SOURCE Pervasip Corp.
ADBI, Look for the bounce imo, http://stockcharts.com/h-sc/ui?s=adbi
ADBI, Imagine if BP licensed their patents, Yeeehhhaaawwww,
ADB International Group, Inc.'s (ADBI) 50% Subsidiary, Subsea Oil Technologies, Inc., Is Listed on the U.S. Government's Federal Business Opportunities Website as an Interested Vendor for Proposed Research on Safety of Oil and Gas Operations in the U.S. Outer Continental Shelf (OCS)
MIAMI, FL, Dec 26, 2010 (MARKETWIRE via COMTEX) -- ADB International Group, Inc. (PINKSHEETS: ADBI), through its 50% investment in Subsea Oil Technologies, Inc., (Subsea), has been added to the "Interested Vendors List" on the U.S. Government's Federal Business Opportunities Website in response to a newly posted Broad Agency Announcement (BAA) solicitation for research proposals associated with Deepwater Wild Well Control Technology and other topics. Furthermore, Subsea is preparing a White Paper for submission to the U.S. Department of the Interior (DOI), Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) for its Technology Assessment and Research (TA&R) Program on Safety of Oil and Gas Operations in the U.S. Outer Continental Shelf (OCS).
The BOEMRE is the federal agency responsible for overseeing the safe and environmentally responsible development of energy and mineral resources on the OCS. The BOEMRE anticipates that $7,000,000 may be available during FY 2011 for the initiation of new research addressing multiple topics, including Deepwater Wild Well Control Technology, for which Subsea has developed a significant Intellectual Property (IP) portfolio.
Subsea is offering licensing, partnership and other commercial opportunities related to its IP portfolio, which currently includes seven (7) pending U.S. Patent Applications associated with solutions for containing oil spills similar to the 2010 BP/Deepwater Horizon oil spill.
Details regarding Subsea's IP portfolio, some of the technical features disclosed by the Patent Applications and information about the Inventor of this technology may be accessed through the "Subsidiaries" webpage of ADBI's website at http://www.adbintl.com or through http://www.subseaoiltech.com.
ADB International Group, Inc. (ADBI) is a holding company that invests in strategic global corporate acquisitions in important market sectors that demonstrate significant growth potential. ADBI intends to expand into Green Energy Industries, Emerging Technologies, Financial and Business Services and other growing and awakening markets. ADBI plans to provide managerial and financial support to allow each project and subsidiary to concentrate on its specific industry and unique business plan. Partnering with strong management, investing in growth, achieving operational improvements and applying the Company's global resources are all part of ADBI's formula for building value for our investors and shareholders.
Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995 this news release contains forward looking statements within the meaning of section 27A of the Securities Act, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward looking statements often include words such as expect, hope, anticipate, believes, etc. Forward looking statements involve both known and unknown risks and uncertainties that may cause actual results and performance to differ materially from those expressed in this press release.
Contact:
ADB International Group, Inc.
Miami, Florida
Steven M. Plumb
Secretary
305.718.3330
info@adbintl.com
Great Company brewing here imo,
ADB International Group, Inc.'s (ADBI) 50% Subsidiary, Subsea Oil Technologies, Inc., Is Listed on the U.S. Government's Federal Business Opportunities Website as an Interested Vendor for Proposed Research on Safety of Oil and Gas Operations in the U.S. Outer Continental Shelf (OCS)
MIAMI, FL, Dec 26, 2010 (MARKETWIRE via COMTEX) -- ADB International Group, Inc. (PINKSHEETS: ADBI), through its 50% investment in Subsea Oil Technologies, Inc., (Subsea), has been added to the "Interested Vendors List" on the U.S. Government's Federal Business Opportunities Website in response to a newly posted Broad Agency Announcement (BAA) solicitation for research proposals associated with Deepwater Wild Well Control Technology and other topics. Furthermore, Subsea is preparing a White Paper for submission to the U.S. Department of the Interior (DOI), Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) for its Technology Assessment and Research (TA&R) Program on Safety of Oil and Gas Operations in the U.S. Outer Continental Shelf (OCS).
The BOEMRE is the federal agency responsible for overseeing the safe and environmentally responsible development of energy and mineral resources on the OCS. The BOEMRE anticipates that $7,000,000 may be available during FY 2011 for the initiation of new research addressing multiple topics, including Deepwater Wild Well Control Technology, for which Subsea has developed a significant Intellectual Property (IP) portfolio.
Subsea is offering licensing, partnership and other commercial opportunities related to its IP portfolio, which currently includes seven (7) pending U.S. Patent Applications associated with solutions for containing oil spills similar to the 2010 BP/Deepwater Horizon oil spill.
Details regarding Subsea's IP portfolio, some of the technical features disclosed by the Patent Applications and information about the Inventor of this technology may be accessed through the "Subsidiaries" webpage of ADBI's website at http://www.adbintl.com or through http://www.subseaoiltech.com.
ADB International Group, Inc. (ADBI) is a holding company that invests in strategic global corporate acquisitions in important market sectors that demonstrate significant growth potential. ADBI intends to expand into Green Energy Industries, Emerging Technologies, Financial and Business Services and other growing and awakening markets. ADBI plans to provide managerial and financial support to allow each project and subsidiary to concentrate on its specific industry and unique business plan. Partnering with strong management, investing in growth, achieving operational improvements and applying the Company's global resources are all part of ADBI's formula for building value for our investors and shareholders.
Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995 this news release contains forward looking statements within the meaning of section 27A of the Securities Act, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward looking statements often include words such as expect, hope, anticipate, believes, etc. Forward looking statements involve both known and unknown risks and uncertainties that may cause actual results and performance to differ materially from those expressed in this press release.
Contact:
ADB International Group, Inc.
Miami, Florida
Steven M. Plumb
Secretary
305.718.3330
info@adbintl.com
Keep your eye on ADBI pimps,
ADB International Group, Inc.'s (ADBI) 50% Subsidiary, Subsea Oil Technologies, Inc., Is Listed on the U.S. Government's Federal Business Opportunities Website as an Interested Vendor for Proposed Research on Safety of Oil and Gas Operations in the U.S. Outer Continental Shelf (OCS)
MIAMI, FL, Dec 26, 2010 (MARKETWIRE via COMTEX) -- ADB International Group, Inc. (PINKSHEETS: ADBI), through its 50% investment in Subsea Oil Technologies, Inc., (Subsea), has been added to the "Interested Vendors List" on the U.S. Government's Federal Business Opportunities Website in response to a newly posted Broad Agency Announcement (BAA) solicitation for research proposals associated with Deepwater Wild Well Control Technology and other topics. Furthermore, Subsea is preparing a White Paper for submission to the U.S. Department of the Interior (DOI), Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) for its Technology Assessment and Research (TA&R) Program on Safety of Oil and Gas Operations in the U.S. Outer Continental Shelf (OCS).
The BOEMRE is the federal agency responsible for overseeing the safe and environmentally responsible development of energy and mineral resources on the OCS. The BOEMRE anticipates that $7,000,000 may be available during FY 2011 for the initiation of new research addressing multiple topics, including Deepwater Wild Well Control Technology, for which Subsea has developed a significant Intellectual Property (IP) portfolio.
Subsea is offering licensing, partnership and other commercial opportunities related to its IP portfolio, which currently includes seven (7) pending U.S. Patent Applications associated with solutions for containing oil spills similar to the 2010 BP/Deepwater Horizon oil spill.
Details regarding Subsea's IP portfolio, some of the technical features disclosed by the Patent Applications and information about the Inventor of this technology may be accessed through the "Subsidiaries" webpage of ADBI's website at http://www.adbintl.com or through http://www.subseaoiltech.com.
ADB International Group, Inc. (ADBI) is a holding company that invests in strategic global corporate acquisitions in important market sectors that demonstrate significant growth potential. ADBI intends to expand into Green Energy Industries, Emerging Technologies, Financial and Business Services and other growing and awakening markets. ADBI plans to provide managerial and financial support to allow each project and subsidiary to concentrate on its specific industry and unique business plan. Partnering with strong management, investing in growth, achieving operational improvements and applying the Company's global resources are all part of ADBI's formula for building value for our investors and shareholders.
Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995 this news release contains forward looking statements within the meaning of section 27A of the Securities Act, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward looking statements often include words such as expect, hope, anticipate, believes, etc. Forward looking statements involve both known and unknown risks and uncertainties that may cause actual results and performance to differ materially from those expressed in this press release.
Contact:
ADB International Group, Inc.
Miami, Florida
Steven M. Plumb
Secretary
305.718.3330
info@adbintl.com