Pervasip Corp (PVSP)

[Arthur]

The Fry's Video Calling Card was another fluff that never materialized.

Now, instead of 37 Fry's kiosks, they claim 600 points of sales, but at an unidentified retailer.

If we have to wait more than 1 month to be able to verify that therea are indeed calling cards on sale somewhere, thatn it would have been just abother fluff, like so many others.

People here post NEWS COMING! all the time. But, most of these news are just fluffs, the product never materializes, or its sales are negligible.

BG101, one other worrisome development, is that one single (non-mobile) customer now accounts for 37% of all Pervasip revenues. There is no growth at all on the mobile VOIP department, the 2.9% "growth" is all attributable to this single big customer.

That could lead to 2 bad outcomes:
a) a sudden 15% decline in revenues, if that customer returns to its historical level.
b) a sudden 37% decline in revenues, if that customers quits Pervasip, like the other 100 "landline" customers before him.

Also there were two pump attempts recently. As usual the professional pumpers were gone within one week, but every time they left behind newbie b-holders. Some of those are bizarrely impatient to see the PVSP share price go up.
Older hands tell those not to worry, do as they do, continue averaging down, because they are dead certain PVSP will start making money some day...