Pervasip Corp (PVSP)

[Slashnuts]

KK never said shares were being "exchanged". He said a "distribution/transaction" where shares are "issued" to GERS common shareholders.

Key words, "are issued". Pretense, as in they haven't been issued yet.
PVSP said the preferred stock is "issuable". Again, pretense, not yet issued.
Common stock in PVSP has already been issued and no more will be issued.

Good Luck To All!$!$