Saturday, November 23, 2013 10:30:08 AM
This is the Riss history stating no RS and then he does a RS 15 months later. This is why I do not care to talk to him, his history.actions and disdain for shareholders speaks for itself.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajXXe8K7Iq8M
Pervasip's CEO, Paul Riss, noted, "We appreciate the support and interest that our shareholders have exhibited, and we look forward to the upcoming launch in July of Zer01's Mobile VoIP product. As we noted in our proxy statement, we do not have any plans to effect a reverse stock split at this time, although we did ask the shareholders to give our board of directors the ability to implement a reverse split, if appropriate, before our next annual shareholders' meeting. We did something similar in a 2001 shareholders' meeting, approval was received, yet a reverse split was not implemented. Although we are pleased that we have shareholder approval, no action will be taken at this time, nor do we have any current plans to take such action."
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