Pervasip Corp (PVSP)

[Bjones2]

What Dilution? Float is tight as ever

Most of the CD converted shares are securely being held very tightly by tight fisted longs with no intention of selling even a few shares in the next year of two.

The supply available for trading and the market demand for those shares are what will drive the price, in this case much higher. The actual float available to trade may be tighter than when we had 200m shares outstanding, so don't be fooled by all the talk about dilution

It is true we have more shares outstanding but we also have $14 MILLION less debt than we did before the CD conversions at 10 cents on the dollar, not a bad trade off.

We did get something for the so called dilution from the CD shares, we gained $14 MILLION in debt reduction which was HUGE and worth every penny, in this case every 10 cents that payed off $1 dollar in Debt, so don't just keep saying dilution is terrible, debt reduction at 10 to 1 is a very worthwhile reason to issue shares.