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Well almost G ;)
YAWN
Seems Management doesn't either. lol
And with a spin off date to be announced soon--Even higher. ;)
Makes good for some fun chasing (SOON) :)
Now that is put to rest. Weeeeeeeeeeeeeeeeeeeeeeeee$$$$$$$$$$$$$$$$$$$$$$$$$
Slap that ask Paul. ;)
Agree and trying to get back in lower--PAINT JOBS-- ;)
Wrong Board. ;)
Audits complete, let's spin off and get out of here. $$$$$
As it sits now-- 0.03 to 0.05 crazy undervalued sitting here.
$$$$ ;)
This should be a fun ride now. :)
Got plenty.. ;) $$$$$$$$$$$$$$$$$$
Yep-Be like (Red Bull) Got wings--Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeee $$$$$$$
Thing are starting to heat up a little. :) $$$$$
Let's go Paul. Slap that ask. :)
Let's go Paul. Slap that ask. :)
#1 on BOB should bring some attention. ;)
7 Taste good. Still way off though. 0.03 0.05
Hello 6 Weeeeeeeeeeeeeeeeeeeeeeee$$$$$
Hello 6 Weeeeeeeeeeeeeeeeeeeeeeee$$$$$
Just insane, 0.0005--Lots of running room here for sure. :)
It's been a long hard road--But now there is light at the end of the tunnel. $$$$$
Bring it on German--Weeeeeeeeeeeeeeeeeeeeee $$$$$$$
Getting ready to spin off. Weeeeeeeeeeeeeeeeeeeeeeee $$$$$$
When did you get the email?
Thanks
What's L2 look like?
Something big headed our way finally.? Weeeeeeeeeeeeeeeeeeeeeeee $$$$$$$$$$$$
And what exactly has our new team member been doing? Crickets
Yawn-Another Month--Next tweet will be, we sent back the final inputs---WATCH ;)
Well Management did not care enough to wish its shareholders a happy Thanksgiving, so I will--Happy thanksgiving all.
Yep, everyone making good coin but the shareholders. OTC for ya. :(
Pervasip Corp PVSP:OTC Pink - Current Information
Pervasip Announces Third Quarter Financials
GlobeNewswire
9:15 AM ET
Pervasip Announces Third Quarter
FinancialsGlobeNewswireOctober 17, 2023SEATTLE, Oct. 17,
2023 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTCPK: PVSP)
("Pervasip" or the "Company"), a developer of companies and
technologies in high value emerging markets, and its wholly
owned subsidiary, Artizen Corporation, today announced the
filing of its unaudited financial statements for its 3rd
Quarter ended August 31, 2023.
Key
Highlights
60% Gross Margin Improvement:
Gross profits for the three months ended August 31, 2023,
totaled $1,994,465 compared to $1,257,843 during the same
period in 2022, an increase of almost 60%, leading to 2023
3rd quarter gross margins of 45%, compared to 29% for the
3rd quarter 2022. The quarter-over-quarter comparison best
reflects the results of the Company's cultivation
investments and process improvements.Income from Operations
increased by 1,131%:Operating income rose to $591,751 for
the quarter ending August 31, 2023, compared to $52,312 for
the same period ending August 31, 2022.Slight revenue
growth: Consolidated revenues for the 9 months ended August
31, 2023, totaled $11,920,638, compared to revenues of
$11,847,517 during the same period in 2022, representing an
increase of $73,121, a small increase despite the loss of
revenues from the closure of one of the Company's
cultivation facilities.Cost of goods and services for 9
monthsended August31,2023, totaled $7,879,869 compared to
cost of goods and services of $9,016,889 for the 9 months
ended August 31, 2022, representing a decrease of
$1,137,020, or approximately 12.6%. With revenues remaining
almost even during the same period, this material decrease
in cost of goods is due to the successful transition of one
of the company's cultivation facilities, increases in
harvest yields stemming from infrastructure and process
improvement undertaken during 2022, combined with improved
labor efficiencies.The Cost of Goods improvement can best be
seen in the three months ended August 2023, totaling
$2,409,891 compared to $3,080,904 during the same period in
2022, a $671,013 reduction, or a 21.8% improvement, while
increasing revenue for the same period.Gross profit for the
9 monthsendedAugust31,2023, totaled $4,040,769 compared to
gross profit of $2,830,628 for the 9 months ended August 31,
2022, representing an increase of $1,210,141, and improving
gross margins to 34% compared to 24% during the same period
in 2022. The change in gross profit is driven by process
improvements, higher yields from ongoing facility
improvements, and labor efficiency gains.EBIDTA improved
from 7.2% to 10.3%For the Nine Months EndedAugust 31,
2023August 31, 2022Net Income attributable to Pervasip
Corp.$(1,440,785)$(1,027,738)Add:Interest
expense898,751305,535Income tax
expense1,320,791827,531Depreciation and amortization
expense454,663745,603EBITDA$1,233,420$850,931Entered the
Oregon market and harvested first crop in early
September.Terminated the brand licensing and acquisition for
the Slurped syrup product line.The Company's improvement in
key financial performance categories is due to ongoing
efficiency improvements, coupled with aggressive further
consolidation of operations and price improvements in the
wholesale market. "We are proud to report significant gross
margin growth and expense improvements in the past quarter,
leading to materially improved operating income," said
German Burtscher, Pervasip's president and chief executive
officer.
Burtscher concluded: "And yes, we
are continuing our process of spinning off our Artizen
assets to our shareholders. While the audit has taken
frustratingly long, we are in the final stages of completion
and the financial data used for this filing is the final
dataset submitted to our
auditors."
31.6 Sorry. :)
312 mil vs 345k lolol Lets roll. ;)