Saturday, July 11, 2015 7:21:43 PM
There is no compelling reason for Kriesler to "sell" Canalytix to Pervasip for $0, or for him to "acquire" Pervasip and merge it with Plaid Canary, which he owns.
Pervasip don't have any significant assets, lots of debt on the books, and its only employee is a lousy CEO.
We're supposed to see PVSP's 2Q financials within 14 days, and we are likely to see that Pervasip has earned $0 with Canalytix, the company it "acquired" 3 months ago. Because Canalytix is just a shell.
Also, Plain Canary is supposed to post its own financials, so Pervasip shareholders (Kreisler and Riss being the only ones that matter, since Pervasip doesn't even have a Board, and together they control about 200% of the voting shares) can make an informed "choice". We might see the valuation for Grow Big, and if it is accurate than it grosses $5M a year.
The exact relationship between Kriesler and the SC-13G entities is not known. Is it true that Mary Carroll was once a Viridis executive ?
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