Pervasip Corp (PVSP)

[Bjones2]

Tabby, we have to cancel the debt Period

Company can't borrow for any traditional conventional financing when the current debt holds a lien on the company assets, there is no collateral with this arrangement.

Once we get the remainder of the debt cancelled at 10c on a dollar, we will be able to get new financing and they have stated that they would consider a share buy back program. Just the announcement that they would be in the market supporting the stock would send it on a tear.