Replies to post #9431 on Pervasip Corp (PVSP)

[Arthur]

I personnally expect that the 10-Q will be generally awful, leaving the company with rougly the same fundamentals than last quarter, that is, in a near-bankrupt state.

Last quarter revenues were $320K, and the loss was ($788K).

Many on this board hope that the Ojo subscriptions will create a new revenue stream.
The MLM GlobalPreneurs has projected Ojo sales of 1000 units per month, raping up to 8000 per month later in the year. Those are "grandiose" projections.

So, people on this board have computed 2 months of 1000 subscriptions, for a total of 3000 subscriptions-months (those who got their units in May paid in May and June).
So, if GlobalPreneurs delivered, we ought to see a bump of 3000*$30 = $90K in Gross Revenues.
Pervasip claims that they are affiliated with other Ojo resellers too.
And there are the Fring+Nimbuzz subscriptions that could/ought to be increasing.

The much-touted debt reduction will not be very apparent in the financials, because there were only 2 transactions $148.5K+$224K = $372.5K, which is less that the total quarterly interest expense of $482K. So, their total debt liabilities are no longer incrasing, but have not started to go down yet.

So, if the revenues go up by $100K or more, the company will still be a money-losing P.o.S, but there will be hope that it can break-even in less than 4 quarters, if one assume that the sales will keep ramping up.

On the other hand, the company will still need new capital to sponge off the (huge) losses from operations. So far, apart the insiders sales purchases, that capital has been found by floating several convertible debentures, a manoeuver known as "death-spiral financing".

No far the members of this board have been unwilling to come up with their own predictions for the upcoming Q2 financials.
So people that are quite willing to say "this stock will go to $2.00 a share soon!" "I feel a rebound coming!", are unwilling to commit themselves at saying how well or how poorly their favorite company did this Quarter.

Oh, well.

[GMoneyBoss]

I think it will bounce because the chart is looking the same as it did when it ran up to .118

Assuming its a good PR, is a question whether it will stay at whatever point it reaches. If PR is good I would guess that it will draw in new investors. That's when you really see this take off. Word will get out for a few days and bring in more. Some of those new investors come in here for quick profits but if the PR is good enough for them they may also stay which is great for all.

Since people look at charts they're gonna see the last bounce @.118 and think it might go higher this time so I would expect them to pay up to .08 with ease. It might go up higher or not at all. Depends on the PR.

I don't even want to guess a bad PR at this point. Some of us here have been getting furious at each cause we haven't gotten any news so were all hoping it was worth the wait.

Remember assumptions, hope, fear, emotions are not investment strategies so this is only my guess.

If you think it will occur though you can buy more shares at these prices to average down depending how much you buy, so instead of .09 it's like you bought at .04

It's risky but with great risk comes a great reward. Hope that helps a bit.