Lucy5137
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$PVSP: Wow no one can beat that....$14k will turn to a million. Good to see you are active even you are holding for years.
He/She must have forgotten about the front loaders who have been loading for years.
Nicely explained. ..
Really. ..?
You mean trips...?
READ THIS FOR YOUR ANSWER.
WHITE PLAINS, NY -- May 15, 2015 -- InvestorsHub NewsWire -- Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced today an agreement with Flux Carbon Corporation (“FCC”) in which FCC agrees to absorb the impact of common stock issued by the Company to its secured debt holders who choose to convert their debt into shares of common stock.
Paul Riss, the Company’s chief executive officer, said “We continue to work with our shareholders to create value and reduce our debt burden, and we are pleased to say that the remaining convertible secured debt will convert into shares of common stock, without impacting the total number of outstanding shares. FCC is our largest shareholder and currently owns 1,000,000,000 shares of common stock of Pervasip. We expect that FCC's agreement to do so will be sufficient to offset the dilutive impact as we satisfy our remaining secured debt.”
“We also continue to work on our targeted acquisitions,” continued Riss. “This new agreement is important to finalizing and closing our next planned acquisition transaction.”
That is very normal to have lot of shares in the market for liquidity.
Years from now with a selling limit per Q.
WHITE PLAINS, NY -- May 15, 2015 -- InvestorsHub NewsWire -- Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced today an agreement with Flux Carbon Corporation (“FCC”) in which FCC agrees to absorb the impact of common stock issued by the Company to its secured debt holders who choose to convert their debt into shares of common stock.
Paul Riss, the Company’s chief executive officer, said “We continue to work with our shareholders to create value and reduce our debt burden, and we are pleased to say that the remaining convertible secured debt will convert into shares of common stock, without impacting the total number of outstanding shares. FCC is our largest shareholder and currently owns 1,000,000,000 shares of common stock of Pervasip. We expect that FCC's agreement to do so will be sufficient to offset the dilutive impact as we satisfy our remaining secured debt.”
“We also continue to work on our targeted acquisitions,” continued Riss. “This new agreement is important to finalizing and closing our next planned acquisition transaction.”
WHITE PLAINS, NY -- May 15, 2015 -- InvestorsHub NewsWire -- Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced today an agreement with Flux Carbon Corporation (“FCC”) in which FCC agrees to absorb the impact of common stock issued by the Company to its secured debt holders who choose to convert their debt into shares of common stock.
$PVSP: Agree with you. It will be trading over penny very very soon.
Yes Alpine and Core clearing got caught with their own act....should be fun.
$PVSP: MOMO you are 100%correct on this. It will be the game of 2015. Gotta be in it to win it.
It means they will rearrange the insider holding. ..imo. Not impacting the current OS.
NO IT DOESN'T MEAN...RS. IT MEANS THEY ARE GOING TO KEEP THE SAME OS. NO MORE DILATION. THEY MIGHT EVEN LOWER THE CURRENT OS.
Wow DS that really sounds good.....with all the short it really could run.
Agreed...shorts are screwed. They are about to get burned. I believe we have over 1.5 billions shorted over the past few years.
$PVSP: Don't need to worry about reputation.....it will make you a hero...who took your advice.
$PVSP: I smell Penney soon...may be first push.02 ….05. Paul played a nice game...gave them shares and make them insiders. Shares going into lock box.
$PVSP: “We also continue to work on our targeted acquisitions,” continued Riss. “This new agreement is important to finalizing and closing our next planned acquisition transaction.”
$PVSP: "KNOCK YOUR SOCKS OFF".....Time is rapidly nearing.
I was thinking more towards Colorado....Lol.
$PVSP: I am looking forward to some decent update. I believe once we start moving it will be like a rocket. I am not worried about the current situation. Looking forward to a great week and month ahead.
$PVSP: Yes CT it is turning. It will be fine. I am not going to tell you relax...but i am relaxed. It will make some serious money. I know it and i believe it.
Lol...CT...you never change.
$PVSP: When we get over penny...every thing will be fine. Right now we are going through some hiccups.
$PVSP: Good morning my fellow shareholders of #PVSP. Let's rock this baby before we get some updates. I believe we will be rewarded huge here. Let's make the most out of it.
$PVSP: I am very optimistic Paul will deliver the goodies very soon. All the longs will make huge bank here.
Yes it will be squeeze time for Core clearing and Alpine securities...They are screwed.
$PVSP: I believe we will be flooded with some goodies soon. Some got shaken out. But i believe it is great opportunity to load some.
$PVSP: Longs will be rewarded big time. Those sold like a scary kid....will be sorry.
$PVSP: Paul will deliver something explosive soon...IMO.
$PVSP: 8k is out. . Fixed rate financing no embedded derivatives ....dew in six months.
$BLDV: Getting ready to load some more tomorrow. Loaded 10.6 million @ .0006
Looking forward to a nice week, month shead.
Lol...do you know how many shareholders we have here over 5 years. Very loyal...lights will never be out. #PVSP will rise and shine. Looking for .03 to .05 very very soon.
Agreed...
I believe it is Core clearing house shorting or shorted earlier and forcing the price down to create a panic attack. So they can cover it cheap. If we don't panic it will be fine.
BKMM...works for institutional sellers. According to Paul Riss we have none. Either they are shorting or some one using them to short. Any way i am in here long time. Went through all the bleeding at the past. I will be waiting and watching the roller coaster ride. I still believe everything is in order moving forward. If any big deep comes in i will get some more to average down....since I bought all the way up to 28.
Picked up some more this morning.