“But investors are watching closely for the details of PVSP’s strategic partnership which the company hinted at on April 20th. According to the company, it is in the final phase of closing the deal and its management believes the partnership will add “an enormous amount of revenue to our bottom line”.
“However, PVSP took the opportunity to convert a $1.5 million debt into 150 million restricted shares. This valued the company at $50 million – a significant increase from PVSP’s market cap of $17 million. In light of this, PVSP could be positioned to record a net profit for 2022 as it expands its operations. Considering that the company has no plans for a reverse split, PVSP stock could be a profitable long-term investment as the tides of legislation turn in favor of legalization.”