Pervasip Corp (PVSP)

[DSherman]

I think the stock can recover and hold gains with some transparency in the filings, corporate updates relative to downloads and plans, officers reduction in salary demonstrating their own conviction towards profitability, updates on decreases in other expenses and a statement regarding no RS in 2013/14. If PVSP/Riss are unwilling to publicly approach these issues then the stock will remain in the 002-005 range and new investors will come in and flip for 20-100% profits with no intention of holding. This scenario is not good for long shareholders but will serve a diluting CEO very well. Small or large, a silent CEO/Co is not a good thing. I do think the CEO's azz has overloaded his mouth many times as they were probably not technically/financially ready and able to service deals that were made. No doubt, deals were announced to enhance financing such as the NetCapital/FF swing deal which ran the pps back to a penny and made Fanning and Asher a pretty penny. As a few others have stated, a CEO change with a respected achiever at the helm is the primary catapult to a shift in a corporation. I believe most here would Gladly welcome some dilution to pay for such a leader. I'm not sure what role Richards plays since the Co must hire IT consultants to do the programming, however, he must be given credit for the tech development. As such, I'm sure the Co would run,as is, without Riss. I also doubt that Riss is a full time employee probably having an accounting gig on the side. I am pro PVSP but I also see things for what is apparently before my eyes and well documented. IMO, the only way for shareholders to discharge Riss would be to prove he has violated regulations/laws or the PVSP corporate code of conduct. During my own review, there is only one area, which I have mentioned previously that bothers me, this is the consistent overpayment via issuance of stock to unnamed creditors.