Pervasip Corp (PVSP)

[DiamondFire]

IMO Fanning and Abrams et. al. would not buy this debt unless they had B I G plans - and certainly to not to have a ten cent stock with a 2 or 3 mil market cap .... not even a 20 mil market cap.

These ARE THE MOVERS AND SHAKERS in the industry....heck in our society by helping put together Napster and My Space. NOW THEY ARE HERE AT PVSP because they think they have superior VoiP product....in a freakin' post 8.5 billion dollar buyout of Skype world...? Fanning's words are heavy-laden with explosive potentials....:


"We are eager to bring additional technologies to Pervasip," added Fanning. "Not all VoIP is created equal, and we have found the VoIP network at Pervasip to be of superior quality and reliability. We therefore plan to combine it with other technologies, such as wireless spectrum, so Pervasip can fully take advantage of the world-wide mobile Internet revolution."

Fanning continued, "Microsoft's purchase of Skype is a significant validation of the mobile VoIP space. We believe there is great value in Pervasip and that we can unlock that value for investors."

......and....:

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 a true example of how game-changing vision and wisdom can be forged into a paradigm-breaking commercial product. 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."