Replies to post #179081 on Pervasip Corp (PVSP)

[Bjones2]

It means PVSP Chairman is looking at Buyouts

Riss is Chairman and CEO of Hear to Serve, which just added another 20M shares in July and now holds 65M shares of Tino. Lets see what the Buyout price is but if it is 10 cents, Riss will be getting lot of cash.

He is one of the largest share holders of PVSP at 325 Million shares he individually owns.

IMO PVSP has been manipulated lower to this insane price of .0014, with market cap of less than $6m makes no financial sense at all. How can an asset that generates over $20M in revenue currently and projected to generate $30M in current year, $50M in next two years, not even considering merger, partnerships, acquisitions.

I thinks we could see the manipulator become the attempted acquirer, time will tell.

[MasterBlastr]

The company is drowning in debt. An acquirer would agree to take over the debt. .0014 is a more than fair price.