Pervasip Corp (PVSP)

[Arthur]

Here's an even older deceptive Pervasip post, about their "upcoming" IOS App, this time on Youtube:

Uploaded on Dec 5, 2011
Pervasip (PVSP) iOS5 VoX Mobile iPhone App

Pervasip's wholly owned subsidiary, VoX Communications, a leading provider of wholesale Voice over Internet Protocol (VoIP) telephone services and cloud based computing, has announced that it will launch the much anticipated iPhone iOS 5 VoX Mobile App.
(...)
With the addition of Sprint to the iPhone lineup, the VoX Mobile iPhone App can be downloaded regardless if you're with Sprint, At&t, or Verizon. To make things better, the App can also be downloaded for use on the iPod Touch, that when paired with VoX Mobile for iOS, it can prove to be a true cost efficient telephony mobile device.
(...)
We anticipate pricing to remain unchanged, although VoX Communications has considered several possibilities to offer consumers more savings. All VoX members can talk for free between the iPhone, Android and the Ojo Video Phone, Video Phone.

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So, is it a deceptive Pervasip PR, or just a bogus YouTube post to pump the share price ?
Does it even matter?

Time and time again, this company makes its shareholders believe new products are just weeks away, and the expected product was in fact years away, and never generates meaningful revenue anyways.

While perusing what peoples were saying on IH-PVSP last year, the hot topic was the promiosed Yahoo advertising, that was promised in February, and that may have happened in July, but it went so fast that if you blinked, you must have missed it.
In any case, that non-advertising failed to increase revenues that quarter, and the quarter after that too.
Later the company boasted how huge a number of downloads it had achieved without any advertising. So much for the Yahoo and FaceBook and Appli advertisings.

This company always underforms, fails to deliver most of the time, and underdelivers anyways.
That's my #3 point: they are consistently deceptive.