Pervasip Corp (PVSP)

[stock king 1]

your wrong again as you stated its was 1 million here is the truth its in the last 10q they posted. yepppers $10 million...company garbage

Note 2 – Going Concern Matters and Realization of Assets

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the ordinary course of business. However, the Company has sustained substantial losses from its operations in recent years and as of August 31, 2016, the Company has negative working capital of $9,853,596 and a stockholders’ deficit of $10,399,353. In addition, the Company is unable to meet its obligations as they become due and sustain its operations.