Pervasip Corp (PVSP)

[Sooah]

The PR is VERY clear. FCC is NOT selling 1B shares. If anything, they might turn in their 1 Billion shares, cancel them out and take preferred stock. If commons reduced by 1B, the rest of the noteholders can convert without negatively impacting the O/S. Again, FCC's fixed conversion at 0,002 absorbs much of the negative impact to the P/L and S/S and that is what the PR means.

Try buying in on Monday.