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DSherman

11/22/13 10:48 AM

#62211 RE: pepi #62210

Thank you , the apples/oranges are in PVSP food processor and I don't think he can tell them apart any longer.
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Arthur

11/22/13 11:01 AM

#62212 RE: pepi #62210

The clock started running 7/22/2013, with their Q2 financials:

Management’s plans include:
1. Seek to spend $25,000 each month on marketing initiatives, with the goal of generating sufficient revenues to be operating at positive cash flow within six months.


and the PR: http://finance.yahoo.com/news/pervasip-corp-reports-second-quarter-131800313.html

Pervasip's CEO, Paul Riss, noted, "In the second quarter, we saw incremental positive trends in our business metrics and momentum from the investments we've made in new product development that have led to our ability to raise additional growth capital from our primary lender and the successful restructuring of certain of our debts in the third quarter. (...)
During the third quarter, the Company also instituted a plan focused on achieving positive cash flow from operations by Q1 2014. The plan includes certain overhead reductions, a focus on driving new business through sales efforts in the calling card channel, and an increase in marketing spend to drive awareness and sales of apps.



So, when does the clock stops ?