AI
Tuesday, May 17, 2011 7:04:12 PM
NAPSTER FOUNDING CHAIRMAN AND CEO INVESTS IN PERVASIP'S TECHNOLOGY
NetCapital Signs Agreement to Buy Out Pervasip's Lender
WHITE PLAINS, N.Y., May 16, 2011 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTCQB: PVSP), a provider of Voice over Internet Protocol (VoIP) telephone services, today announced that a strategic investor, NetCapital.com LLC, has signed an agreement with Pervasip's lender to purchase all outstanding debt.
NetCapital's Chairman, John Fanning, noted, "We have a track record of success with disruptive technologies, and Pervasip's technology is [color=blue]a true example of how game-changing vision and wisdom can be forged into a paradigm-breaking commercial product.[/color] We have been following Pervasip for years, waiting for the right opportunity to partner and invest. Today we have found a time of great value."
"We are pleased to have a friendly investor who wants to work with us to build value for our shareholders," said Paul Riss, Pervasip's Chief Executive Officer. "At this point in time, our original lender can no longer foreclose on our assets."
$PSVP Actually Trades on this NEW NASDAQ MARKET for Unlisted Stocks :) http://pipes.dealflow.com/wires/article.cfm?id=fcevgvzssosljmp
$PVSP - VoIP site
http://www.voxcorp.net/
$PVSP CHART KABOOOOOOOOOM!
NetCapital Signs Agreement to Buy Out Pervasip's Lender
WHITE PLAINS, N.Y., May 16, 2011 /PRNewswire via COMTEX/ -- Pervasip Corp. (OTCQB: PVSP), a provider of Voice over Internet Protocol (VoIP) telephone services, today announced that a strategic investor, NetCapital.com LLC, has signed an agreement with Pervasip's lender to purchase all outstanding debt.
NetCapital's Chairman, John Fanning, noted, "We have a track record of success with disruptive technologies, and Pervasip's technology is [color=blue]a true example of how game-changing vision and wisdom can be forged into a paradigm-breaking commercial product.[/color] We have been following Pervasip for years, waiting for the right opportunity to partner and invest. Today we have found a time of great value."
"We are pleased to have a friendly investor who wants to work with us to build value for our shareholders," said Paul Riss, Pervasip's Chief Executive Officer. "At this point in time, our original lender can no longer foreclose on our assets."
$PSVP Actually Trades on this NEW NASDAQ MARKET for Unlisted Stocks :) http://pipes.dealflow.com/wires/article.cfm?id=fcevgvzssosljmp
$PVSP - VoIP site
http://www.voxcorp.net/
$PVSP CHART KABOOOOOOOOOM!
I'm not a professional don't buy a stock based on anything I say! Don't invest money if you can't afford to loose 100% of it... GLTYA
QUINNRADIO
