Pervasip Corp (PVSP)

[36Knuckle]

German Burtscher
8:11?AM (27 minutes ago)
to me
Just to clarify …. As part of the restructuring process, we shut down the Lacey facility. The landlord, as the 10 year lease was up, did not want to renew and we were to settle past due payments. They attempted an eviction, but we took legal action and the courts agreed with us. It was a tough move as we laid off close to 30 staff. We consolidated distribution in one of our facilities. Our expenses are now materially lower, shedding ourselves of $80,000 in monthly rent payments and a 75,000sf facility which was only 60% utilized.
The healthcare issue was a real problem but got resolved and no, we did not NOT tell staff and nobody lost.
As a matter of fact, Artizen production facilities are one of the few in the WA State cannabis industry that provide for full healthcare for all employees.
I tend to ignore disgruntled former staff as it is only a handful and I recognize that shit poster.
G

(Asked and Answered...I'm good with the mans explanation...thought I'd pass it on.)
😎