Pervasip Corp (PVSP)

[Bjones2]

Company is worth $20m that's .33 cents share

Today, this company is worth north of $20m which puts the shares at .33 cents.

They just paid off $14.2 million in debt that was used to build out their VoX Network and the Server Farm. They paid it off for 10 cents on the dollar as the hedge fund that provided the loans went bankrupt, lucky us.

Revenues from the new Mobile VoIP operations were over $1 million and margins are a remarkable 55%. They transitioned from a regular VoIP operator that sold to Wholesale customers, some of which screwed us which is what cause the declining revenue the past few years, but the company has reinvented itself and is going to be a strong player in the Mobile VoIP space with the Billion and Billions of iPhones, ipads, Android phone, Android tablets in the market that can use our service.

Customers can make phone calls and video calls over their data connection 3G, 4G or LTE or WiFi without buying a contract. They can buy the Pay & Go service and only preload their phone account when they need to make calls.

Customers can call ANY PHONE in the WORLD, say that again, ANY PHONE in the WORLD, landlines, cell phones, Androids, and soon Iphones will be able to TALK and VIDEO CALL each other anywhere in the world, not just on WiFi like Skype and others.