Pervasip Corp (PVSP)

[Arthur]

Axe, Pervasip (voxCorp) launched its VOIP app in October 2011, more than 3 full years ago.
Their Quarterly revenue was around $335K /Q at the time of the Android app launch.

Recently, in October 2014, Pervasip sold most of its remaining business (and the App IP too) to another company. Their last Q revenues are $27K.

So, after 3 years, their app brings only $10K /Q in revenues ?

And they're still broke and losing money with no money at all for marketing ?

Pervasip is deep in the hole, still losing money, with $4M of convertible debt on its books, they just sold their main assets, the CEO sold the whole company to himself for $14K, and he's talking about "acquisitions" ?

That's just as funny as when he was promising to becoming "cash-flow positive within 6 months", two years ago. Haha.