Lucy5137
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Lol are you still laughing from Pearl Street,Brooklyn.....
I believe that's the way the Grass Root Capital management works...shorting from Russia and Canada.
PVSP: Grow Big Supply....current market valuation based on $5 million per year revenue is about $24 million dollars.
I forgot to mention on my previous post from the 8K....
They dissolve all the preferred shares series D,E,F,G and H...only left is series A.
They are cleaning up the books for good.
Waiting to see what Plaid Canary's other holdings...?
Someone posted some already.If it is ....that will be huge.
I know someone was trying hard to shake up some. And was partly successful form some panic sellers. For those holding tight....you are holding green gold. $PVSP.
Smart people loaded all the cheap and panic sellers help the manipulators to cover some. Specially NITE&CDEL shorted all those shares.
$PVSP: I believe people didn't understand the PR and the 8K.It is complete turnaround for the company. The best thing ever happened for the share holders.
No...R/S..(one for one exchange) If the panic sellers could understand the meaning of it.New name new symbol new sector.
AS/OS...locked up. Didn't increase in last two months.
Sector change....Agriculture.
Grow Big Supply...A $5 million dollar per year revenue.Did any one figure it out what is the market value of that business?
Plaid Canary....Has more holdings which yet to be announced.
New management will be announced.Debt cut down to almost "0".
This is new beginning of a New company.
The longs and strong will be rewarded nicely.
Agreed...
It is a dirty trick by the MMs to take shares away from us. But PVSP long and strong Green Machine.
$PVSP: Now the cat is out of the bag. New name, new symbol, new CUSIP number. Any shorts...need to cover . Otherwise they will be screwed. Next few days will be mother of a manipulation to shake up. If someone is strong ....will be rewarded.
$PVSP: Changes Name To Plaid Canary....
WHITE PLAINS, NY -- July 8, 2015 -- InvestorsHub NewsWire -- Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced today its execution of an agreement to merge with and into the Company’s wholly-owned subsidiary, Plaid Canary Corporation (“Canary”), a special purpose consolidation company focused on acquiring, developing and supporting companies and technologies in emerging agricultural markets.
The merger agreement provides for the Company to merge into Canary on a one to one basis such that each share of Company stock outstanding prior to the merger will be exchanged for one share of Canary stock after the merger. Canary will be the surviving company of the merger, and its share structure after the merger will be idential to the Company’s share structure immediately before the merger.
“The merger is an essential part of our plans as we continue to position ourselves to consolidate strategically-compatible companies and technologies,” said Paul Riss, Pervasip’s Chief Executive Officer. “We are focused on building value in part by growing our business, refinacning and eliminating debt, and improving our share structure. As we do so, we want prospective investors, partners, owners of targeted acquisitions, and other stakeholders to look past Pervasip’s historical operations to Canary’s current and projected future operations and value. We believe that completion of the Canary merger is important to meeting our objectives in that regard.”
The merger will be effective after the later of (a) twenty days after the mailing of the relevant Information Statement, which the Company expects to file during July 2015, and (b) notice from FINRA that the merger will be announced on the Daily List published by FINRA. Additional information regarding the merger will be available in a Current Report on Form 8K to be filed on July 8, 2015.
About Pervasip Corp.
Pervasip develops and delivers products and technologies to emerging agricultural markets, with a focus on improving grow conditions, yields and value in hydroponic and other indoor grow facility applications.
Looking good bro.
$PVSP: Best OTC stock to be in now and ride all the way to the top. Looking forward to more updates from the company.
$PVSP: Agreed. The best share holders team ever. Hard to find such a strong team.
Lol...but he doing the same thing in few other stock. But ...why...?
If it is for fun...I would say someone had to be crazy.
If it is for money. ..not a great job to be in. Life could go negative.
$PVSP: Man with all the positive momentum on pvsp board. I wonder how are those few guys are doing. .? Their lies and baseless postings are not working.
A Monster Squeeze time .....very close.
$PVSP..
We wanna see your Face in the place, THIS THURSDAY THE 8TH at #GROWBIGSUPPLY for 1st Thursday Reggae Night !... http://t.co/YP8YPXAqOV
$PVSP: I believe his focus on CBD oil extraction. ..is the key to the success of hi tech labs. Let's see what he has for us next. Getting very interesting here.
$PVSP: Breakout mode. ...
http://t.co/N8FyDpY8WQ
$PVSP: Waiting to see the 8K....what else "Canary"...is holding.
Yes the 8K should give us clear picture about Canary's holdings.
Welcome back...
Lol....
Why we need this every day...? We saw it already. Why you posting it over and over...??
$PVSP: All good here. ...Green Gold.
PVSP - KEYWORDS From NEWS PR.... advanced chemical detection, growth, sterilization, oil extraction I see some type of MARIJUANA Testing labs or Equipment also in play here as part of the business segment....Tick...Tock
Chief Science Officer, Dr. Kenneth Hughes.
Dr. Hughes is a creative technologist that specializes in translating complex technologies into practical agricultural, cleantech, industrial, consumer, and military commercial products and strategically building businesses around those products. Dr. Hughes has over 20 patents granted or pending, with several more in development. Dr. Hughes received his Ph.D. in Chemistry from Purdue University and is a former Chemistry and Biochemistry professor at Georgia Tech.
Dr. Hughes is one of several new team members that has been working for several months on a sub-contract basis. His role moving forward includes driving our product and technology development efforts, as well as helping to bring the results of those efforts to the new partners, clients and other key relationships we plan to establish through our retail and other acquisition efforts. We are proud and excited to have him on board. Additional information on our new products, technologies and team members will be made available as appropriate.
'sgunderbarth'...Great job....iBox looks awesome.
$PVSP: Key word...advanced chemical detection, growth, sterilization, oil extraction
$PVSP.....Green Gold mine. I believe the 8K will bring the real picture out about the "Canary".
$PVSP: Looking forward to a great summer ahead of us.
$PVSP: Riss did a great job....Now we have 60% of the AS locked up by Flex.
Plus they will take all the future conversion.PR indicated more updates and 8k next week. I believe they have more connected to "Canary". Looking forward to see that update and 8K.
$ PVSP:
$PVSP....
WHITE PLAINS, N.Y. -- July 2, 2015 -- InvestorsHub NewsWire -- Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced today its execution and closing of agreements to acquire 100% of the issued and outstanding equity of Plaid Canary Corporation (“Canary”), a special purpose consolidation company focused on acquiring, developing and supporting companies and technologies in emerging agricultural markets.
Among Canary’s current holdings is a 60% stake of Grow Big Supply LLC (“Grow Big”), a retail distribution company servicing the hydroponic and indoor grow facility market in Denver, Colorado. Founded in 2011, Grow Big has established itself as a key partner and supplier to the grower community, relying on its entrepeneurial, knowledge-based approach as it grew to in excess of $5 million per year in sales. Grow Big hasn’t lost sight of its roots despite its growth, and its experienced leadership and team continues to be immersed in the grower community’s culture and needs.
“We are proud and excited to complete this acquisition,” said Paul Riss, Pervasip’s Chief Executive Officer. “We believe that the opportunities in this market are simply remarkable. We plan to expand Grow Big’s reach and to establish its Denver footprint as a model for long-term growth in other regional markets as conditions warrant.”
“We have already begun to work towards that objective. We have identified additional acquisition and joint venture targets, and we plan to assimilate a portfolio of technologies, including advanced chemical detection, growth, sterilization, oil extraction and other technologies designed to improve grow conditions, yields and value. Additional information on our continuing efforts on each front will be provided in the coming days and weeks as we execute the relevant agreements.”
Pervasip acquired 100% of the equity of Canary from FLUX Carbon Corporation (“FCC”) in exchange for Pervasip preferred shares corresponding to 50% of Pervasip’s issued and outstanding equity, bringing FCC’s ownership to about 60% of the Company’s issued and outstanding capital stock. Importantly, FCC has also agreed to absorb 100% of the dilutive impact of common stock issued by the Company to its secured debt holders who choose to convert their debt into shares of common stock.
Additional information regarding Pervasip’s acquisition of Canary will be provided in a new shareholder letter and a Current Report on Form 8K to be filed next week.
$PVSP: Squeeze time nearing....that's why he is working OT.
$PVSP:
....
WHITE PLAINS, N.Y., June 29, 2015 /PRNewswire/ -- Paul Riss, chief executive officer of Pervasip Corp. (PVSP) ("Pervasip" or the "Company"), issued the following letter today to the shareholders of Pervasip:
Dear Shareholders:
This is an exciting time for us. As many of you know, we've been implementing a restructuring plan for several months now, the primary goal of which was to improve our balance sheet and capital structure to qualify with the anticipated financial and other requirements of new investors, joint venture partners, licensors and acquisition targets that we have identified. I'm pleased to announce that we've been successful in our efforts in that regard, and we are now poised to execute in the immediate term on our previously-announced acquisition plans.
We plan to expand on our prior disclosures in the next few days as we complete and announce the second of our targeted acquisitions – a revenue-producing retail distribution company servicing the hydroponic and indoor grow facility market in Denver, Colorado. We have what we believe to be a novel plan to build value involving that company, planned additional acquisition targets, and a series of strategically-positioned products and technologies designed to improve grow conditions, yields and value.
We see extraordinary opportunities in front of us, and our technology focus is an essential aspect of our plan to build shareholder value with those opportunities. We're assembling a diversified team of managers, scientists, process engineers, technology developers, and operators with expertise in our target and other markets. We anticipate making a series of management additions over the coming weeks and months, starting with the appointment of our new Chief Science Officer, Dr. Kenneth Hughes.
Dr. Hughes is a creative technologist that specializes in translating complex technologies into practical agricultural, cleantech, industrial, consumer, and military commercial products and strategically building businesses around those products. Dr. Hughes has over 20 patents granted or pending, with several more in development. Dr. Hughes received his Ph.D. in Chemistry from Purdue University and is a former Chemistry and Biochemistry professor at Georgia Tech.
Dr. Hughes is one of several new team members that has been working for several months on a sub-contract basis. His role moving forward includes driving our product and technology development efforts, as well as helping to bring the results of those efforts to the new partners, clients and other key relationships we plan to establish through our retail and other acquisition efforts. We are proud and excited to have him on board. Additional information on our new products, technologies and team members will be made available as appropriate.
In the meantime, we have an exciting summer in front of us, and it begins this week with the expected completion of our second acquisition – a transaction which can also be expected to bring estimated revenues in excess of five million dollars per year. Significantly, given the market valuations of comparable companies, we are hopeful that this transaction will additionally help us to complete both our restructuring plan and additional acquisitions by the end of the summer at reduced costs of capital.
We are grateful for your continued support and we look forward to our next communication.
Best regards,
Paul Riss
Chief Executive Officer
Pervasip Corp.
$PVSP: Looking forward to a great week ahead. Gotta be in to win it. ..."Knock your shocks off ". ...time coming.
I hope they are not shorting based on your...DD....lol
$PVSP: Have a great weekend folks. Looking forward to the great days ahead ...."Knock your shocks off " ....time coming.
$PVSP.....is the name of the game.
$PVSP: Happy Father's day to all the Fathers. Enjoy the day.