Pervasip Corp (PVSP)

[Live42Day]

Vox (PVSP) update posted to FB page about 1/2 hour ago:

VoX Communications
PVSP : Shareholder Transparency Update

We chose to submit the App with PayPal payment ability that Apple has asked us to remove.

Although we strongly disagree with the policy, we do respect that the rules of the App store are made by Apple.
...
The argument that there are competitive Apps that contain alternate payment mechanisms was not accepted.

We are currently removing the PayPal payment processing code and replacing it with the Apple payment API.

We expect to resubmit this to Apple as early as Monday 29th or Tuesday 30th of July 2013.

We will provide further updates as we make progress with the App, which we feel is our very best development effort to date and an important strategic move forward for the Company.

We do feel, however, that Google's Android offers a better opportunity for a successful business model and that the Apple payment processing is too restrictive to our aspirations to lead the Mobile VoIP industry with a predictable and more importantly, profitable business model.

That being said, we still intend to vigorously market the iPhone App. as we do recognize the huge market opportunity that is presented by an ecosystem of 500 million users.

Further development effort and investment is also being made into the Android ecosystem, as we strongly believe as a company that all roads lead to Android. We currently have exciting Android projects that we will share as soon as we are able.

Thank you for your support.

The VoX TeamSee More