Replies to post #174197 on Pervasip Corp (PVSP)

[Suckershark]

To qualify for up listing to NASDAQ you have to maintain $2 for 90 days, $3 for 5 days or $4 for one. Let’s get to a copper first. Long term play IMHO. GLTA!

[DSherman]

An IPO will cost a minimum of $750k plus the shares which the investment bankers will take. The vast majority of all orivate Cos abandon the process after the first few steps and about $200k in expenditures. Not until the prospectus is completed will the investors get to work re marketing which is when a Co with limited revenues actually learns they can only raise a few million. With $20mm in revenues, Artizen would spend a minimum of $500k, give away at least 5% of the stock to the investment bankers and would be lucky to raise $3mm net. After which , they would still be in the currently government and banking restricted weed biz.
The best option would be for Artizen and pvsp to grow and then pvsp spins off Artizen after reaching $150 mm in revenues for a successful IPO funding round. Everyone wins.
Zen.

[MasterBlastr]

You are right. The market needs to grind out all the convertibles and everyone still holding from .0001 (yes they did not sell at .01 - incredible but true). So massive overhang remains - SMH what could have been . . .