Pervasip Corp (PVSP)

[eddy2]

Receivables and the hidden truth behind them.

For example you have paid wages to have the cat operated as well as running cost that is all cost to your margin of profit.


The job is to be paid for after it is done but the only receivables allowed on the books is the above cost I mentioned any profit to those costs are not allowed until the final invoice is made out.


Because your cat is leased to own as mentioned in my other posts the full value of the cat is maintained and it is this value that offsets the profit s not realized in the receivables.


So in the final purchase of the leased cat along with the selling of the cat be it outside the company or to a holding company the cat will be depreciated against profits not realized to date in the receivables.


So in the end there is a zero intrinsic value added to the company except the now new old asset owned as capital surplus or cash on the balance sheet.

Outstanding shares is the total shares not sold to the public held for future distribution as wages or payment for lease to purchase contracts ect.