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No confidence in management. You can only lie so many times. However, if they RS they realize that they are done. Over and out. Riss can get a job during Xmas as Santa and Richards can get a job nowhere.
I know nothing about Paul's son, is he on the payroll ?
Yes, the 35k was part of the large note
FF took the remaining 99k note out also plus the 10k in expenses.
First and foremost, my posts says there is roughly 1 m in other loans. Secondly, FF has never taken the discount. Thirdly, no need to paraphrase my PVSP posts with apples/oranges/deception. In essence, the two 1 m notes are a significant reduction in debt and merely replaced and reduced about 10m in old loans. Therefore, they have really just borrowed approximately 1m thus far which includes taking out Asher.
Here is a simple recap of the Lauras and FF notes. Very good deal despite what some contrarians say with great deception. The fact is, as of this date the Co has not borrowed that much money. As you can see the 2 $1,000,000 notes were an exchange for $9,744,000 due Laurus.
1. Amended note 1 = $6,043,850 due Laurus is cancelled, paid in full
2. Amended note 2 = $2,000,000 due Laurus decreased to $1,000,000 due FF
3. Amended note 3 = 1,700,000 due Laurus decreased to $1,000,000 due FF
Amended note 2 converts at the VWAP
Amended note 3 converts at .01
Additionally, the other loans amount to roughly $1,000,000
Exactly Cool. Start supporting your stock and just look at the ridiculous posts about me being connected as a FF flipper. There is no FF flipper, just regular traders making significant gains from <002 to >004. The math is pretty easy.
Actually, the way it goes is none were violated. For example, Asher will sell the shares to a wholesaler, VNDM favorite broker, that broker is under no restrictions imposed by the security agreement between Asher and the Company. Just a fact FYI.
Cool, coming from one of the most prolific one liner negative PVSP posters here, you use the term " unbelievable". Very funny, try supporting your investment for a change as that was the point of my post.
Thank you, please show me some PVSP DD or links that you posted to this site since I have been here, don't bother since there are none.
Don't be ridiculous, all can buy at the same price here. Just a Lesson in futility here guys; one stupid post gets 20 in return, and the interesting thing is even some of the most usual negative posters here suddenly got positive. All I did was read posts from a couple of years ago, I have no emails from anyone and I certainly could not sell stock over the weekend. Trying to point out how ridiculous some of the posts, short theories and gullibility of posters are here as it borders on the susceptibility of apples/oranges/deception and how easily it resonates with people here. I have my stock and plan to keep it.
I am no longer a holder here, the emails I received are terrible. This guy Richards could be convicted on fraud Just got this today on another site. I apologize for my input and naïveté. I was totally shocked with the copies of emails sent to me. This guys stuff could send them to the greys in a heartbeat. I will exit tomorrow. GLTA
Well , anyone who thinks they personally have an effect in a stock is in a prism of of delusion. Anyone who spends considerable time one way or the other is paid. Most stock promotions in the last year are negative returns as online investors have learned about front loading. This can be seen here with PVSP. They can not deliver with investors and paid promos.. PVSP or the Cd holders can no longer succeed with the past moves. I have messages from former peeps with emails from another site.re Richards from a different site. Richards sent emails that made some statements that could bring this to the greys any day. He should have never sent these emails. His statements were relative to the Cos dilution was over and the stock ran from 005 to 06. I now have those emails from another site and person. This a not kosher
Really, PVSP is a reporting Co. Where exactly did you do your DD?
Great synopsis and I agree overall. We have discussed the fact here that the MMs are "forced" short and the explanation was great. One disagreement I have would be that naked shorting dies exist in pink land but primarily from offshore brokers. Thank you, great post.
Really , do you actually believe that or do you think someone made that to be so obvious as to make you make that remark, or maybe you did it and if you did, you certainly got some responses. Very difficult here to determine who are real guys here. There are many wolves in sheep clothing here. I agree with SG, not as many shorts as there are " I am a long down 80% " bs posters here that are just PVSP flippers. Just watch how they pump on a run and cry when it's down. Too easy to tell the players. Watch who says I'm buying at 0038 and crying when it's 002. Learn the game, they are not long term holders.
Nope, it is an amendment
Pretty difficult to determine what is dilution and what is normal selling on a run up. Once a stock is this cheap you have all the millions accumulated and easily sold at near or above a 100% profit.
It's all in the Q, I think it has all been used.
If they used the remaining 240k, then the total would be 325k of the 665k used.
I read 20%
Pepi, not to argue but you really need to read the covenants section.
http://www.agreementworld.com/realdocs/securities-purchase-agreement-pervasip-corp-rdq0ng-d-2wd-3
Trup, I know nothing about FF. I thought that I read that FF had to approve expenditures.
What do mean by in demise.
Mad, let me add that although everything turned out for the better, it was a very tough time. The lender brought in a rep that was constantly fighting with Mgt and he had to approve all expenditures as well as making some tough decisions regarding personnel. I have seen these "hatchet" men at work and they do what needs to be done. Hopefully, FF has taken this position with PVSP.
I'm not sure how many likes were on FB before but there are over 18k now. Manipulating reviews would serve no purpose and certainly not effect the stock. Certainly no need to reach for straws.
Let me add, as I did not fully read your post. No one other than Mgt knows who FF is. They are a private Delaware Corp and you will never find the principles are w/o an investigator.
I have said that i personally experienced this type of financing with the FF type involved. It was a positive and profitable experience that ultimately kept a public x Co going for 20 years before it was sold.
You should learn that anyone who knocks there own investment is the worst investor in the world. This should be your wake call to do something else.
I agree, they are in the same arena as we are re marketing, but they are tech and we are not.
Learn the market in which you decide to play. If you want to play apple you can buy 100 shares; or can you?????
Point is, risk reward.
Nope, just the way it works in penny land. In fact, for all the long term PVSP people here, the dilution was much better than Ch 7/11 wherein you would have nothing. And, there may be some very long term offshore shorts combined with some contrarian posters hoping that still happens. However, one revenue producing deal or Panomark's success will reverse the trend significantly. Buyout, certainly a possibility on the horizon in a sector that is set for consolidation. All have a great weekend including mrs green and apples.
These trades are too funny.
My guess would be some brokers playing musical chairs via different MMs.
I think we already a big break with Panomark. I've been asking around my world and they are very distinguished in what they do are are very well liked. Apparently, others in their field also bring them in as consultants.
Thank you Mr Snake, fantastic job and a great layout. Anticipating some good results.
This is not anger towards PVSP. The initiative is to disrupt shareholders on behalf of others. His real enemy here is the shareholder. Regardless of the content of your post, he will throw the apples/oranges/deception into the blender in order to disrupt the issue at hand. Also, I don't know how obvious it is to others as it is to me; the grammar used and the formation of sentences changes dramatically. This is more than one person using this handle.
Agreed, it makes total marketing sense to give them a taste of the entire menu, excluding the local int'l number. Even if they use the free, there is no way for them to determine the quality of the video, voice mail and texting. Waiting to see your add.
Very good point, it may also be cheaper to give them a limited free offer of the entire menu, excluding the international local number. I would think 10-20 minutes would be sufficient.
Very good, I was worried that free could go on until the minutes are used. Great that there is a one month cutoff. Thank you.
Does anyone know if there is a term or time limit to complete the use of the free 60 minutes??