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Arthur

10/29/14 1:15 PM

#79167 RE: janice shell #79165

I expect, after 6 months have passed the Note Holder will convert it into shares.

Severe penalties will apply if Pervasip is no longer a fully reporting company at that date.

By-the-by, PVSP became delinquent in its SEC filings last week, when its NT 10-Q expired.

Here are the terms of the Convertible Note with Diamond Remark, Inc,
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10202833

DIAMOND REMARK, INC.
1 Linden Place
Great Neck, NY 11021