Pervasip Corp (PVSP)

[karsmith94]

Download Chart Reset - Straight UP!

Come on people, get with the program, the only thing that matters are the business fundamentals and they are running HOT.

Forget the friggen daily share price, it means NOTHING, nothing at all to investors. This board is mostly day traders and weak investors with 6 month to a year time frames with is simply not enough for any small company to build out their business model and generate significant revenues.

If the price was at .04 or .05 most here would be jumping up and down giving high fives, will all the GO PVSP, bla, bla, bla. Using the daily price to determine how the company is doing is a fools proposition, they are not connected short term, particularly when it is well known that the company is in the process of paying down $14 million in Debt for .10 on the dollar, and are doing it by issuing stock.

The goal is to be debt free by the end of the year and they are on target to meeting this goal. We are at 165m shares outstanding and about 85 million of those are owned by management and G3 which are restricted and 80 million shares are in the float.

The money raised by issuing the stock is not being used for mindless expansion or vacations in the Caymans, it is being used to pay down $14 million in debt, but even more important is that this will remove the lien on all of our assets that the lien holder has held. We have gone from a position where we were in default on the loans and legally the lien holder could have foreclosed on our assets and we would have seen the common stock cancelled.

Revenues and Profits will follow the improving business cycle as our App is OUTSTANDING quality and it is getting noticed big time on a very low advertising budget. Business will only get better from here as we are about to release the Iphone and Ipad app in the next few weeks, and the Mobile VoIP market is really taking off.

Sounds like a lot of disgruntled people with personal issues with management and the last reverse split that they feel burned and are angry. Fine, if you don't like the company, the management or the product line then SELL and move on.

I am hopeful that increasing revenues will reduce the number of shares that will have to be used to get the remaining $6 million of debt off our backs for good, and going forward we will be profitable very, very quickly.

https://play.google.com/store/apps/details?id=net.voxcorp