BB's Stock Haven

[K4]

WOW!!! $PVSP$ MUST SEE

DD by Stevrc
PVSP .38 to .77 Valuation from “Audited Financials”…

I can’t say it enough that the beauty about this PVSP valuation is that it is not a "speculative" valuation... it is an "actual" valuation which confirms that PVSP is ”officially” worth .38 to .77 per share. Please, allow me to elaborate…

http://www.pervasip.com/


The dream that we all hope for with our penny stock that we are in is for the stock to have ”Audited Financials” and to become ”Profitable. We now have this here in PVSP, plus they have already eliminated over $5 Million in debt to make subsequent quarterly and annual financials in 2013 to be even stronger as I will explain all of this below.

I think for starters, all should simply read the Summary of Recent Accomplishments within the PVSP news below from their Audited Financials filed with the SEC:
Quote:

http://ih.advfn.com/p.php?pid=nmona&article=56787112
Summary of Recent Accomplishments:

• Gross margin of 55% for fiscal 2012 compared to 41% in prior year
• Net income of $3.2 million in fiscal 2012 compared to a net loss of $4.4 million in the prior fiscal year
• Fiscal 2012 earnings of $0.02 per share basic;$0.01 per share diluted
• $6.9 million in debt reduction for the year
• Launch of Android mobile app for video calling
• Establishment of beta site for downloads of iPhone app
• Execution of new debt modification agreement with secured lenders


PVSP would exist to trade within the Telecom Services – Domestic Industry under the Technology Sector. For this following valuation for PVSP, I will consider the Price to Earnings (P/E) Ratio of 38.50 which is the P/E ratio for the Telecom Services – Domestic Industry which is the Industry of where PVSP exists as indicated below:

http://biz.yahoo.com/p/844conameu.html


Since the company already has an annual Earnings Per Share (EPS) from its audited financials (10-K) just released of $0.02 per share basic and $0.01 per share diluted, much of the math to derive PVSP should be fundamentally trading has already been done. The following formula is used to determine where PVSP should trade considering the 38.50 P/E Ratio for the Telecom Services – Domestic Industry of which PVSP would exist within...

P/E Ratio x EPS = Share Price

38.50 P/E Ratio x .02 EPS basic = 0.77 per basic share

Or...

38.50 P/E Ratio x .01 EPS diluted = 0.385 per diluted share

So no doubt, trading here at these levels confirms that PVSP is significantly undervalued based on what PVSP has filed with the SEC for their audited 10-K financials.



Below is the 10-K filed with the SEC by PVSP which are Audited Financials. Before reading their financials in its entirety, here is where it confirms that their financials just released are Audited Financials under Part IV, Item 5. Exhibits, Financial Statements Schedules:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9165336-1077-280016&type=sect&dcn=0001213900-13-001146




Now notice that the Certified Public Accountants (CPA) are NUSSBAUM YATES BERG KLEIN & WOLPOW, LLP that completed the Audited Financials (10-K) for PVSP:

http://www.nybkw.com/

(This Accounting Firm is absolutely huge after further researching them!!!)

This PR below was recently released by PVSP after the “as of” date of their audited 10-K and stated that PVSP has eliminated over $5 Million in debt which means that the subsequent quarterly and annual filings/financials are going to reflect PVSP for being even more profitable than they are now:

http://ih.advfn.com/p.php?pid=nmona&article=56553924
Quote:
…announced its execution of a series of agreements to refinance and eliminate approximately $6 million in senior secured debt. Based upon payments made last week to its secured lenders, approximately $5,031,000 in debt due to its senior secured lender has been immediately eliminated from the Company's books. …


Again, I can’t stress it enough that the valuation above is not speculative. It is ”actual” valuation derived from the Audited Financials (10-K) just released by PVSP. With PVSP filing these Audited Financials with the SEC, makes this as ”official” as it gets, especially for a penny stock.

v/r
Sterling