Replies to post #22734 on Pervasip Corp (PVSP)

[Arthur]

The NetCapital deal was all about debt reduction thru massive stock dilution. It has already diluted the stock 10-fold in 2011, and the NetCapital Debentures are not entirely converted yet.

So yes, I was very surprised that the stock took so long to go subpenny, and that it only fell to $0.006.

What I didn't see coming was very sizeable outside investment of more than $1M into this failing company.

I have not seen any significant (4%?) revenue increase attributable to Ojo subscriptions, and I fully expect the promised video app to be another PVSP failure.

Either a no-show, or a tiny revenues also-ran.