No. If he's the mystery investor, he receives newly issued shares, *RESTRICTED* shares, every month, for his $50K-a-month investment.
I'm still very puzzled by that bizarre partership and investment.
MacCheyne was first with Worldgate, the Ojo maker, then he started his own company dedicated to sell Ojos and and business videotelephony. He was a Pervasip dealer.
No revenue increase in Pervasip's books can be traced to G3 Connect.
Then suddenly he's in charge of Marketing at Pervasip (with no budget), and he is at the same time investing half a million in the company by paying for shares at about 4 times the market value.
Well, there sure is still lots of fun to be had with PVSP.
We must be at a "Classic quintuple bottom", by now.
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