InvestorsHub Logo
Followers 971
Posts 383010
Boards Moderated 6
Alias Born 06/24/2011

Re: None

Tuesday, 07/05/2022 7:45:52 AM

Tuesday, July 05, 2022 7:45:52 AM

Post# of 183508
$PVSP SEATTLE, WASHINGTON, June 30, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and Zen Asset Management (“ZAM”), its wholly owned subsidiary today announced that its partnership with Full Spectrum Advisors is yielding results ahead of expectations.

Following announcements made in March, introducing its partnership with Full Spectrum Advisors, Pervasip reports early results that are exceeding projected yield improvements with 25% increased harvest results in the cultivation centers growing Artizen flower.

While the upgrades to all facilities are still only 40% completed, cultivators are already reporting materially increased harvest weights and flower quality. Tremendous work conducted by all stakeholders is showing and validating the path Pervasip embarked on in Q4 of 2021.

“Our independent cultivators, utilizing our facilities, are ecstatic about the early results of this first round of changes and upgrades” said German Burtscher, the company’s President & CEO. “We already see substantial increases not only in harvest yields but also flower quality stemming from a combination of improved genetic diversity and updated grow SOPs. The Company is well on its way to realize the $5 million in additional annual revenue from the tremendous work that got launch late last year.”