Pervasip Corp (PVSP)

[Market Makers Exist]

They as in PVSP. PVSP acquired Canalytix.

7 years ago.

"Pervasip Corp (OTCMKTS:PVSP) develops and delivers cloud-based technologies to emerging markets. The Company entered the red hot mj sector recently when they announced the acquisition of 90% of the issued and outstanding equity of Canalytix LLC."

They used those shares to acquire IDGC.

"On November 30, 2020, the company exchanged all of its ownership in Canalytix WA LLC (“CWA”) for 1,425,800 shares of Series C Preferred stock of IDGlobal Corp., a publicly traded company on OTC Markets under the symbol IDGC. The transaction resulted in other income in the amount of $903,133. The primary asset in CWA was a note receivable of $522,667. The IDGC preferred stock is recorded at its market value of $1,425,800 at November 30, 2020. "

I'm not seeing the issue. They use shares to purchase assets. Why is this bad?