Replies to post #1944 on Pervasip Corp (PVSP)

[Aragorn1]

WOWWW - HUGE post - that is 20 mil $ per year !!!! Since companies trade on average at 2 xrevenue nuumber, we are talking about a market cap of 40 mil $ - at least 1.50 $. And these numbers will increase exponentially.

[Arthur]

GlobalPreneurs has been with VoxCorp for 3 months already.
Their "sales projection" is to sell 1000 videophones by the end of May.

But, Vox videophones plans go from $12.95 to $29.95 per month.
Vox PR only contemplates $29.95 plans. Many videophone buyers will take the cheaper plan.

Let's see: 1000 plans * 3 months * $29.95 = $90,000 more gross revenue per quarter

Pervasip gross margin is around 40%.
So, 40% of $90,000 = $36,000 (again this is assuming all customers chose the most expensive plan)

PVSP current quarterly loss from operations $314K

So, these 1000 new Ojo sales will reduce next quarter loss from $314K to $278K

Which means that someone, NetCapital probably, will have to loan $278K to Pervasip so they can pay their bills and thus avoid bankruptcy.

Of course, there is also the small matter of the $482K of quarterly interest that goes unpaid.
Maybe NetCapital will suggest that the $17M debt be entirely converded in shares.

So, at $0.05 a share, NetCapital would receive about 340 millon shares for their loan, diluting current shareholders equity into a less-than-1% stake.

But of course, NetCapital are good guys. They would never make sure their investment benefit them before the small holders. PVSP is a charity case, a basketcase...

[mulaa]

PVSP is using video phone technology from WorldGate Communications (WGAT). This patented technology from WGAT is superior to Skype. The entire PVSP business model is centered around the Ojo Vision video phone from WGAT. WGAT is a stock to watch as several OEMs are targeting their technology.

www.ojophone.com

[stushy]

Wow! buying some of this good stuff on Monday