Pervasip Corp (PVSP)

[JeezTrades]

Good question StockScout1.

Flux Carbon Starter Fund filled a SC 13D form regarding $PVSP. Per Flux Carbon Starter Fund Llc’s filling, the filler reported increased stake in the company by 78.36% to 1,000,000,000 shares. Flux Carbon Starter Fund Llc now owns 25.5% of the company.

Item 4. Purpose of Transaction
At the time of their acquisition of the Company’s shares, as set forth in Item 3, neither Flux Carbon Corporation nor Kevin Kreisler had any plan or proposal which relates to or would result in any of the actions or transactions described in paragraphs (a) through (j) of the instructions to Item 4 of Schedule 13D.

FYI!!!!!!!
Form 13D is SEC filing that must be submitted within 10 days, by anyone who acquires beneficial ownership of more than 5% of any publicly traded securities. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing. These filings may be a precursor to hostile takeovers, company breakups, and other “change of control” events.