Pervasip Corp (PVSP)

[JeezTrades]

That was filed on November 30, 2014. I'm sure nothing has changed.

This is the dagger:
"As of November 30, 2014, our accumulated deficit was $51,764,832"

cashstrapped, imagine owning a 51 million dollar home, and you can't pay your monthly mortgage on it? Talk about being cash strapped!

They will continue to dilute the shares. MANY shady people buy publicly listed shell companies and rename them. There's less underwriting, and there's no need for an IPO. A shell can be completed in 1 to 2 month versus 6 to 12 months of doing a public offering.


http://markets.on.nytimes.com/research/stocks/fundamentals/drawFiling.asp?docKey=136-000101738615000094-4JP062317C8USQQMLF2NNHO3L5&docFormat=HTM&formType=10-K