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Let’s get current as well. That in itself would be huge.
Why this thing has been dead for so long.
Your account I believe is a very realistic account. Dream big but always be realistic especially down here in the pinks. Anything could happen.
Have a question I am currently in a stock that is just under 90% owned by institutions. My question is that a great, good or indifferent sign for the stock. I’m thinking it’s a good sign but that they also would have a lot of control over the share price. Any thoughts would be appreciated.
Most current review posted there was still 3 Years ago. Not a board that shows how current management is doing. Hopefully better of course. I like my JCPenney store not the most luxurious but clerks are always friendly, store is well kept and prices are affordable. I personally am not a fan of Kohl’s store I think they are over priced and that $10 off every $50 you have a very short window to use the coupon and it doesn’t become valid for a couple of days.
I did put about 24000 shares for sale at the ask and it literally sold in a second. Tomorrow I’m hoping for a dip Down to .80 for my re-entry. Gl to all
Here’s my thoughts: It was announced that during the stockholders meeting reverse split will be voted on, The current action to take the stock above $1 has got to be driven by the institutions they have so much stake in this company that they cannot afford to lose their shares in a reverse split. Once the stock meets the criteria to stay on the New York Stock Exchange the reverse split will either be taken off the agenda for the stockholders meeting or still voted on but voted no. Once either of these scenarios happen the stock once again will make some nice gains. Then for the remainder of this year hoping the company shows us they are moving in the right direction with better financials and better profit margins again the stock will make some nice gains then for the remainder of this year hoping the company shows us they are moving in the right direction with better financials and better profit margin’s again the stock will make some nice gains. They are predicting that by the first quarter of 2020 that this company will have implemented it’s new game plan and turning a nice profit. Once this company shows profits and is back in good standing then and only then can they announce future dividends on stock. Once we receive those words the stock will then skyrocket.
That was easy
Resistance wall at $.85 need to break through
I agree nice day for us Kong’s who knows we just might be see dollar or more by the end of this week
Great post looking forward to a very green week.
I realize that yesterday's after hours and today's before open sales don't dictate what's going to happen but I really think today's action was all BS . Somebody is trying really hard to take this down and keep it down .
I did buy a bunch more at the end of the day at .595 hope I made the right decision.
People are saying today's green action was based on the proxy yesterday showing the company is looking at doing a RS upon a share holder approval rather then filing bankruptcy.
Not a good sign when the executive vice President and CFO Nancy Walsh sells majority of her holdings .
With today’s action I would also guess several people have sold out.
I would guess several stop losses were hit today was that a good thing or a bad thing we shall find out here very soon good luck to all
Looks like we may have just turned the corner for some green days ahead of fourth-quarter fins being released
I would say it is a positive sign to see a company man still buying. Dodds Hamish bought on Friday at .71
This is from January 2018 and seems realistic to me in time, definitely not overnight. Ackman’s proposal to reform FNMA and FMCC suggests possibly future value for them between $23 and $47 per share. And now, there is finally serious talk of reform going on in Congress.
Sure hope this is true and not just a RUMOR.
Let's say you're right and KMAG is making money. Which I don't believe they are. I believe JR is long long done with this KMAG scam. But like I said let's pretend KMAG is making money, who cares not one share has been sold since 3/30/17. We investors are here to make money for ourselves. The only reason I care if he makes money is if I too am making money otherwise then I along with many many others don't care. KMAG to us investors is dead no one here can sell to get out and that is the TRUTH.
Since the company brought themselves current I believe everyone here believes something is about to happen the big and most important question to most here: "Will something good happen here before or after the inevitable r/s?" As a current shareholder I of course hope the r/s happens down the road if ever.
In every way! Business is good, orders are coming in...JR is working around the clock!
2017 is looking good, this could be our year!
Go KMAG!!! If I knew this to be true I would be buying every single available share out there I could afford, and yet no one is buying anything and that is because this stock is just another ghost stock that has absolutely nothing going on. Until someone can show actual proof anything else is just cheap worthless talk.
Something will happen why else would they bring us current, let's just hope for us already in this mess PVSP doesn't start us out with a RS. One more run so us current bag holders can escape. Any new people who buy in are just buying in for the run and if they get caught as bag holders then it just gets chalked up to sometimes you win, sometimes you lose.
I can't wait until the annoucements either, too bad none will ever come. We "ALL" know this is true! Thanks Jeff for lying and cheating everyone.
That is my question at what point will they do a RS? I getting a bit worried they will do it before all the news starts to hit, which will screw all of us loyal shareholders who have been holding and waiting along time for the big hit. The only other way out is for them to be making money right now while all is quiet and be buying back shares at the low pps it is at currently. Let's hope for the later for our sake.
You and me both, the only problem with that is if we get our chance to sell which for me a break even is at .0003 guaranteed we would be sticking it to someone else. I know these penny's are a high risk and I don't gamble more then I can lose but it sure sucks how many of them are nothing more then a scam. GL to you and all who sit here day after day waiting, praying and hoping for a ray of light.
No one here knows the truth since Kevin and Paul have gone completely silent, closed the brick and mortar store, and have not filed the fins.
Another day of dumping 1's and sell at 2's
I ask how can company's make these statements, get investors to buy into them and then just walk away. No fins released by March 15 as they should. How can they just walk away with no financial consequence to them.
So was this true or just a lie?
WHITE PLAINS, N.Y., Nov. 11, 2015 /PRNewswire/ -- Pervasip Corp. (USOTC: PVSP) ("Pervasip" or the "Company") announced today that its subsidiary Grow Big Supply, LLC ("Grow Big") has posted impressive sales increases every week since the Company closed a financing on October 14, 2015.
"We are pleased with the progress our Grow Big store made since we injected working capital into its operations," said Paul Riss, Pervasip's Chief Executive Officer. "Our recent financing allowed us to completely pay off Laurus Master Fund and generate a $1.9 million gain on troubled debt restructuring. However, our primary goal with the new term loan was to increase sales in our Grow Big store."
Grow Big has posted week-over-week sales gains of 70%, 11% and 31% since the financing was closed.
"Sales in the first week of November are more than double our sales in the first week of October," continued Riss. "We don't know how long we can continue on this trend, but we are very pleased that we have this fast start and have been able to effectively utilize our new capital."
I do believe Riss knows how to make money off of us suckers I mean investors so he will try again with some other venture in other words another BS area. Because pot is still a hot area I would think the new venture would still be in this area somehow.
IMO with the fear that this will never wake up I would think there are 100's of millions of shares sitting there or will be continuing to show up to dump just to walk away with something out of this mess we are in right now thanks to our so called "Leaders". I'm waiting the storm out to see if there possibly might be a recovery of some sort or I will just go down with this sinking ship.
Why do so many of the so called CEO'S down here in the penny stocks allow the nay-sayers be right. Us backers or believers keep telling the negative people they are wrong and yet when push comes to shove they are almost always right. Many nay-sayers said there would be no 10-K and they were right. This stock I knew was a very long short when I bought in it in Sept but at .0003 I thought for sure I would see one run but once again a crooked penny stock CEO has shown his true colors. I keep telling myself no more buying into these pinks cause they are nothing more then scams if I don't get caught someone I sell to will. I like to sleep at night too bad these crooks don't care about nothing but themselves.
Received 3-1-16
(Check One): UNITED STATES
[X] Form 10-K SECURITIES AND EXCHANGE COMMISSION
[ ] Form 20-F Washington, D.C. 20549
[ ] Form 11-K
[ ] Form 10-Q FORM 12b-25 SEC File Number: 0-4465
[ ] Form N-SAR CUSIP Number: 715709 200
[ ] Form N-CSR NOTIFICATION OF LATE FILING
For Period Ended: November 30, 2015
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
[ ] Transition Report on Form N-CSR
For the Transition Period Ended: _____________________________
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:_____
PART I - REGISTRANT INFORMATION
Pervasip Corp.
Full name of registrant
Former name if applicable
430 North Street
Address of principal executive office (Street and number)
White Plains, New York 10605
City, state and zip code
PART II - RULES 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)
[X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Due to our reduced staffing levels, our auditor has not been able to complete the audit of our financial statements for the year ended November 30, 2015. Consequently, we have not yet completed our financial statements to be included in our Annual Report on Form 10-K within the prescribed time period without unreasonable effort or expense.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
Paul H. Riss (914) 750-9339
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). [X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [X] Yes [ ] No
We are not yet able to release any financial information at this time due to the potential impact on our financial results of certain complex transactions that require additional review from our independent registered public accounting firm.
Pervasip Corp.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: February 29, 2016 By:
/s/ Paul H. Riss
Paul H. Riss
Chief Executive Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).
Well that story isn't too positive about Grow Big. If this company is still around they owe customers money or product already paid for. Seems like this stock has once again hit a dead end. Phone cards dead end, pot industry dead end, what's next pharmaceuticals. I don't trust these pinks and know most are scams but since I bought in at .0003 in Sept. I thought I could at least catch one run, unfortunately for me I was wrong. GL to all here are their next buys because we've been suckered here.
I guess the new game plan here is to buy 1's and flip at 2's and keep it going til we go to no bid? The rest of us who bought higher are just screwed? I'm in at .0003 so it wouldn't take much for me to get my money back either flipping or hoping for a fake run. What shall I do I ask myself? We all know the pair running this show have a less then desirable reputation some truely believe in something here, me I was hoping for a nice run and sell and move on as so many have already done with PVSP. We shall see what happens very soon I believe.
Doesn't make sense to close a current location and now start the looking process for a new location. This could take some time to find the right location and in the mean time not making money from the brick and mortar store Riss said was making more and more money with every passing month. I personally feel the store was going bankrupt and that's the true reason for the closure. Here's another question when is site online going to be finished? Doesn't take this long to produce a web page of high quality.