Pervasip Corp (PVSP)

[HammerSun]

Just hanging around and not yet convinced...

I think the potential is here, obviously or I wouldn't own millions of shares...

But if the Apple app fails, which I think is a distinct possibility, and they can't increase revenues, then the story loses it's luster. The Paypal fiasco shows lack of competence or simply a hair brain attempt to do the wrong thing...hmmm, wonder which?

Even though PVSP is fully reporting, management has proven time and again that they say one thing and rarely deliver the results to back their words, plus they have this habit of not being able to deliver on time...a PR no-no!!...

They need to step up, offer clarity and transparency and provide meaningful updates. I guess if they can't, this shows they have little to say which probably means the struggles continue.

I will note that the trading on many days is highly unusual. It is obvious that some trades are attempts at moving the PPS downward. Look at the volume and study the activity and it's easy to spot. However, the steady dilution has been the main killer. Hopefully with a spike upward, the game players will do the same thing going in the reverse direction...UP, although no games would by far be the best for all who are investors... Of course this would all change immediately if we had a meaningful spike in revenues or word of a deep pocket partner.

But I hang around because they do generate around a quarter million dollars per quarter in revenues, have fairly decent margins and have a relatively low market cap. ANY KIND of good news and the upside could be violent...

Dreamers...we all must be...