Pervasip Corp (PVSP)

[Arthur]

When Pervasip is forgiven 75% of a portion of the debt by the lender, PVSP counts it as "earnings".
That's why PVSP has triumphally announced 2 quarters of positive "earnings"

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As an aside, the lender, Valens/Laurus, needs all the money it can get, because most of its funds are tied to another company, Parabel (PABL), formerly known as PetroAlgae (PALG).

Parabel is still a development stage company, the Laurus Fund has invested more than $75M in it, and the company is losing ($21M) per year.