Pervasip Corp (PVSP)

[stock king 1]

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.


remember they run this out of a church check the address their using ....god must be getting rich...... god punishes crooks in the long run may take time but it will happen ,just like crooked Bernie maddoff ...

imho Bernie has a bunk in his cell for paul riss imho


but again it is penny land ,,,merger bs too funny .