Pervasip Corp (PVSP)

[DSherman]

Here is a simple recap of the Lauras and FF notes. Very good deal despite what some contrarians say with great deception. The fact is, as of this date the Co has not borrowed that much money. As you can see the 2 $1,000,000 notes were an exchange for $9,744,000 due Laurus.
1. Amended note 1 = $6,043,850 due Laurus is cancelled, paid in full
2. Amended note 2 = $2,000,000 due Laurus decreased to $1,000,000 due FF
3. Amended note 3 = 1,700,000 due Laurus decreased to $1,000,000 due FF
Amended note 2 converts at the VWAP
Amended note 3 converts at .01

Additionally, the other loans amount to roughly $1,000,000