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Re: JP888 post# 180198

Tuesday, 01/17/2023 11:07:25 AM

Tuesday, January 17, 2023 11:07:25 AM

Post# of 183585
The first sentence could cause the stock price to drift lower because of the bolded regarding spin-off date…

SEATTLE, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTCPK: PVSP) (“Pervasip” and the “Company”) today announced that it will spin-off 100% of its wholly-owned subsidiary, Artizen Corporation (“Artizen”), as a separate public company, with an anticipated record date between July 1, 2023, and September 30, 2023. As a result of the spin-off, all Pervasip shareholders of record as of the designated record date shall receive shares in the newly public Artizen in proportion to their ownership in Pervasip. Artizen conducts 100% of Pervasip’s cannabis business segment operations through its Zen Asset Management LLC subsidiary ("Zen”).

Some may choose to sell now anticipating more conversions and hoping to buy lower just before the record date…