Pervasip Corp (PVSP)

[stock king 1]

Liquidity and Capital Resources



At August 31, 2016, we had cash and cash equivalents of $1,426 and negative working capital of $9,853,596.



Operating activities for the nine months ended August 31, 2016 used $346,064 of cash, consisting principally of approximately $129,000 in non-cash income statement charges and net loss of $1,202,179 and approximately $727,000 in changes in operating assets and liabilities. Operating results for the nine months ended August 31, 2015 used $181,344 of cash, consisting principally of approximately $698,000 in non-cash income statement charges and offset by net income of $84,309 and approximately $432,000 in changes in operating assets and liabilities.