Pervasip Corp (PVSP)

[RMD1]

With that kind of panic you may want to avoid investing in equities. If you read the filing, it just talks about the additional shares which is required. HOWEVER, it does not discuss the stipulations behind them. I doubt they will all be liquid by the end of the month. They are speaking about using them to attract and retain talent. This usually comes with a vesting period. We have no idea when they have the rights. We also don't know if they are disqualified if they terminate employment or their agreement early. FOR EXAMPLE: I worked for Nationwide Insurance for a number of years. On Dec 19th 2008, they laid me off. Even though I took a lower salary to increase my pension benefit, the fine print basically said I was only entitled to a small portion to roll over. So, they were able to take back $70,000. Of course is was necessary because the CEO needed his $28 million bonus for 2009. Hence how you can screw people with investment bonuses and benefits. As long as the shares are not issued to the 1%er's, I think we are okay for now.