Replies to post #52313 on Pervasip Corp (PVSP)

[Arthur]

But Pervasip had ample access to venture capital; they received $14M of loans from Valens/Laurus fund, on which they defaulted, and also they had that $1M joint venture with G3 Connect for selling Ojo Phones, which failed.

Now, with the help of NetCapital, JDM (oops, that one failed), and Factor Fund, (and several smaller debenture holders) they been able to issue 750 million of new dilutive shares in barely 3 years, with many, many more still to come!

They would be rolling in cash, if they weren't losing $440K of it per Q.