Pervasip Corp (PVSP)

[Bjones2]

Fixation on outstanding shares

Green you are way off base focused on share count and your dilution theory. Shares are for practical purposes nothing but the currency of a company, which value fluctuates by the minute based on many, many factors. Issuing more shares in the most basic sense can be dilutive to shareholders, but it is much more important to look at the type of dilution and there are a bunch of different scenarios.

Straight debt reduction is one of the strongest arguments for issuing new shares for example, rather than wasting the money on expansion which may prove to be wasted money etc. When the company has the opportunity to reduce $14m in debt for 10 cents on the dollar, that is a no brainer and the company recognizes that and is going at it full speed ahead.

Current shareholders like you may not like it, and that is your prerogative so hit the sell button and move on. Unlike some dilutive deals, everyone has the opportunity to purchase shares on the cheap in the market as a result of the CD conversions, so you are not being closed out by some private deal that is only available to a 3rd party. Maybe you just like being miserable but you are way too emotionally involved to be objective, chill out, take a walk in the park, life is too short.