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Alias Born | 03/13/2014 |
Sunday, November 29, 2015 12:52:42 AM
Conclusion: Since we started reporting on PVSP the stock has dropped back down to its double zero lows in sub Penny Land. While the Company continues to report solid revenues; for the 9 months ended August 31, 2013 PVSP reported $698,240 in total revenues, significant for any bb listed co especially for one trading at a mere $1 million market valuation. At the same time PVSP has little liquid assets on the books and significant short term debt, something that unfortunately has led to continued dilution it seems as the 0/S has increased by 3 fold since we 1st looked at this one. On the positive side of things PVSP is fully reporting BB and still boasts a loyal shareholder following it seems and from current levels at $1 million valuation PVSP could easily pop 2 to 5 times from here on buzz and momentum alone if anything really positive comes from the Company; we all know how these subs can move. Good Luck Everyone!
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Pervasip Corp.
Paul H. Riss
Mark Richards
pervasip.com
STOCK INFORMATION
SYMBOL: OTC: PVSP
Shares Outstanding 800mm
Market Cap: $1.1mm
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