Pervasip Corp (PVSP)

[BigGreen101]

"They have deferred a lot of compensation as well to try and get this thing going."

have they really? That is news to me and where is that in the financial statements?

Paul H. Riss
Chairman, Chief Executive Officer
and Chief Financial Officer

2012 175,000
2011 165,000
2010 175,000

Mark Richards
Chief Information Officer

2012 180,000
2011 180,000
2010 5,000


They have not been payed in full yet for some of what they are owed. This "deferred" is misleading because they will be payed.

The current 8K could be a way for them to get payed and not have to contribute a dime. Their salaries are crazy high for a company that has been losing money for years. JMO