Pervasip Corp (PVSP)

[xyz1002]

Unless you are willing to hold for longtime, or avg down, its hard to predict what their intentions are. I won't buy here, although I have bought some at the high of $0.09 and used to recommend to buy then. My assumptions were wrong...sorry.

Two scenario could unfold:

1) The company may be making good revenue, or/and can arrange some notes and buy back some CD's and may even announce to buy back some shares. The pps will sky rocket because at that point the supply will be no more and we would all know that the OS is 48M and no more.

2) Fanning has no money as he is buying the debt over years and if the company can't controll the CD holders. The CD holders can convert at 45% discount so they have no incentive not to convert. The end result will be continue conversion, no demand for the stcok, no investor interest, more selling- the pps will continue sliding down. The management has nothing to lose in the short term. They will let it take the natural course of action until all CD 's are converted. We could be at 0.003 and a OS of 200M by then..just saying as an example. Then the company do a RS and srart doing the right thing. All investors have prefreed shgares and the management will simply issue new shares after the RS to make them whole. The management and the investors have nothing to lose and in the process screw the retail share holders. This course of action is the least work for the management and nothing to lose for the. Thats why this process unfolds most of the time.

I could lose more than $100K if the 2nd scenario unfolds but I am telling what could possibly happen.