Pervasip Corp (PVSP)

[Bjones2]

TCA Global major Naked Short PVSP

TCA our debt holder for $11m was shorting PVSP stock as a hedge to the debenture which was in violation of the agreement, and imo was Naked as Naked can get. Some estimate up to 2 BILLION shares were never covered and remained exposed. TCA may no longer exist, but the liability for covering those position automatically transfers to the dealer/broker who facilitated those trades.

We may find out exactly how this played out as the Court has liquidated TCA after they were convicted of widespread fraud. The 11 million debt that was apparently dismissed by the Courts may have been related to the criminal activity of TCA.

That recent report is showing $3M short which became $6M recently is an entirely different situation, and that alone will drive the price to 10 cents or more on a Squeeze.