Pervasip Corp. (PVSP) news stock charts
Pervasip Corp. (PVSP/PVSP.OB) Investment Summary:
Pervasip Corp. provides digital telephony services, products, and hosted solutions in the United States. It offers local, long distance, and international voice telephone services. The company provides its services using a proprietary Linux-based open-source softswitch that utilizes an Internet protocol telephony product. Pervasip Corp. offers digital telephone services primarily on a wholesale basis to other service providers, such as cable operators, Internet service providers, wireless fidelity and fixed wireless broadband providers, data integrators, value-added resellers, and satellite broadband providers. The company, formerly known as eLEC Communications Corp., was founded in 1964 and...www.pervasip.com
11 Employees
Founded in 1964
PERVASIP CORP (PVSP:OTC Bulletin Board Market)
LAST $0.07 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of PERVASIP CORP (PVSP)
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OPEN
$0.07
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PREVIOUS CLOSE
$0.07
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DAY HIGH
$0.07
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DAY LOW
$0.07
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52 WEEK HIGH
07/1/09 - $0.40
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52 WEEK LOW
01/28/10 - $0.03
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MARKET CAP
2.1M
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AVERAGE VOLUME 10 D
9.2K
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EPS TTM
$-0.23
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SHARES OUTSTANDING
30.4M
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PVSP Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for PERVASIP CORP (PVSP)
Pervasip Corp. announced delayed annual 10-K filing
03/1/2010
On 03/01/2010, Pervasip Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Pervasip Corp. Issues Secured Term Note in the Principal Amount of $50,000 to Valens U.S. SPV I, LLC
11/12/2009
Effective November 5, 2009, Pervasip Corp. consummated a private placement pursuant to which the Company borrowed $50,000 from Valens U.S. SPV I, LLC and issued to the Investor a secured term note in the principal amount of $50,000. The Investor is an 'accredited investor' (as such term is defined in the rules promulgated under the Securities Act of 1933, as amended). Note Maturity Date, Principal Amount and Interest Rate. The principal amount of the Note is $50,000 and the Note is payable on demand. Interest will accrue on the unpaid principal on the Note at a rate per annum equal to the 'prime rate' published in the Wall Street Journal from time to time plus 2.0% per annum. The Contract Rate shall be increased or decreased as the case may be for each increase or decrease in the Prime Rate in an amount equal to such increase or decrease in the Prime Rate; each change to be effective as of the day of the change in the Prime Rate. Payment of Interest and Principal. Interest will be calculated on the basis of the actual number of days elapsed over a year of 360 days and shall be paid on the first day of each month commencing on December 1, 2009. Principal is payable on demand by the Investor.
Pervasip Corp. Reports Earnings Results for the Third Quarter Ended Aug. 31, 2009
10/22/2009
Pervasip Corp. reported earnings results for the third quarter ended Aug. 31, 2009. Net income for the quarter was $831,372, up $475,479 net loss for the same quarter the previous year.
Pervasip Corp. financial resources
PVSP Competitors
| Company | Last | Change |
| Comcast Corp | $17.76 USD | +0.09 |
| Deutsche Telekom AG | €9.94 EUR | +0.061 |
| Qwest Communications International Inc | $5.07 USD | +0.10 |
| Sprint Nextel Corp | $3.74 USD | -0.06 |
| Time Warner Inc | $31.44 USD | +0.28 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | PVSP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.8x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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PVSP |
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PVSP transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Pervasip Corp.
VoX Communications Launches Its $69.95 Unlimited Voice and Data Plan on Nokia's N900 Maemo Smart Phone
2010-03-12 06:19:11
Quote: PVSPNews), has become the first carrier to deploy a mobile-VoIP, unlimited data and voice service, on the latest full-featured smart phone from Nokia.Pervasip's Chief Information Officer Mark Richards noted, "We are very excited to be a voice and data service provider for this mobile computer. The N900 uses the Linux derivative Maemo operating system, an open-source platform that enables the Maemo community to freely modify and continually develop software as part of the shared goal of bringing ...Read article
VoX Communications Launches Its $69.95 Unlimited Voice and Data Plan on Nokia's N900 Maemo Smart Phone
2010-03-11 07:37:15
Quote: PVSPNews), has become the first carrier to deploy a mobile-VoIP, unlimited data and voice service, on the latest full-featured smart phone from Nokia.Pervasip's Chief Information Officer Mark Richards noted, "We are very excited to be a voice and data service provider for this mobile computer. The N900 uses the Linux derivative Maemo operating system, an open-source platform that enables the Maemo community to freely modify and continually develop software as part of the shared goal of bringing ...Read article
PERVASIP CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
2010-02-18 03:20:22
Quote: Item 1.01.Entry into a Material Definitive Agreement.
On February 11, 2010, Pervasip Corp. (the "Company") signed a warrant
cancellation agreement with Valens U.S. SPV I, LLC, Valens Offshore SPV I, LLC
and Valens Offshore SPV II, Corp. (collectively, the "Holders" and each a
"Holder") wherein the Holders agreed to cancel all of the existing warrants they
hold to purchase in the aggregate159,052,573 shares of common stock of the
Company when the Company obtains equ...Read article
Pervasip Corp. Reports Second Quarter 2009 Results
2010-02-17 05:37:49
Quote: PVSPNews), a leading
provider of wholesale Voice over Internet Protocol (VoIP) telephone
services, today reported financial results for its second quarter ended May
31, 2009.Pervasip's CEO, Paul Riss, noted, "Our second quarter numbers represent our
best quarterly operating results since we became a VoIP provider.In
comparison to the first quarter of fiscal 2009, our second quarter gross
profit percentage is higher by 16 points and yet our selling, general and
administrative costs decreased by $...Read article
VoX Communications Now Serving Predictive Dialing Businesses
2010-02-17 05:37:48
Quote: Pervasip's actual results
may differ materially from the results discussed in the
forward-looking statements. Factors that might cause such a difference
include, among others, certain risks and uncertainties over which the
company may have no control. For further discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see the discussions contained
in Pervasip's Annual Report on Form 10-KSB for the year ended N...Read article
A New Audio Interview with Pervasip's Chief Information Officer, Mark Richards, is Now at SmallCapVoice.com
2010-02-17 05:37:47
Quote: announced today that a new audio interview withPervasip Corp. (OTCBB: - ) is now available. The interview can be heardat SmallCapVoice.com is a recognized corporate investor relations firm,with clients nationwide, known for its ability to help emerging growthcompanies build a following among retail and institutional investors.SmallCapVoice.com utilizes its stock newsletter to feature its dailystock picks, audio interviews, as well as its clients' financial newsreleases. SmallCapVoice.com also of...Read article
Pervasip's VoX Communications Launches $69.95 Unlimited Windows Mobile Smartphone With Mobile VoIP Services Over Major Wireless Network
2010-02-17 05:37:47
Quote: WHITE PLAINS, NY--(Marketwire - 12/02/09) - VoX Communications Corp, a leading
provider of wholesale Voice over Internet Protocol (VoIP) telephone
services, has become the first carrier to deploy a mobile VoIP unlimited
data and voice phone in the U.S.Pervasip's Chief Information Officer, Mark Richards, noted, "We have been
working on perfecting this technology for over 12 months and our VoIP is
now an integrated component of the operating system of the HTC Touch Pro 2
mobile phone.We are not me...Read article
Pervasip Signs Agreement to Cancel All of Lender's Warrants
2010-02-17 05:37:46
Quote: The investor group signed a non-binding
term sheet to provide an equity investment of $300,000 to Pervasip over a
120-day period on the condition that the lender's warrants are cancelled."We are pleased with the cooperation of all parties in the establishment of
an agreement that is designed to attract additional equity to the company by
eliminating a warrant overhang that represents 80% of our fully-diluted
shares," said Paul Riss, Pervasip's Chief Executive Officer. "We have
approximately 30 m...Read article
SmallCapPost.com Technology Review: VoX Communications VoIP Mobile Service
2010-02-17 05:37:46
Quote: Press ReleaseSource: Pervasip Corp.On Wednesday January 6, 2010, 10:15 am ESTROWLAND HEIGHTS, CA--(Marketwire - 01/06/10) - SmallCapPost.com announces that it has
released a Technology Review Profile on VoIP mobile service provided by
Pervasip's (OTC.BB: - For the complete review visit:
VoX Communications Corp., a wholly-owned subsidiary of Pervasip Corp.
(OTC.BB: - ), delivers wholesale voice over IP (VoIP) telephone services
for the residential and small business markets. Leveraging a nationwi...Read article
VoX Communications Launches Low International Rates on Mobile VoIP Smartphone
2010-02-17 05:37:46
Quote: Pervasip's actual results
may differ materially from the results discussed in the forward-looking
statements. Factors that might cause such a difference include, among
others, certain risks and uncertainties over which the company may have no
control. For further discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the
forward-looking statements, see the discussions contained in Pervasip's
Annual Report on Form 10-KSB for the year ended N...Read article
Pervasip Signs Agreement to Cancel All of Lender's Warrants
2010-02-12 05:45:51
Quote: The investor group signed a non-binding
term sheet to provide an equity investment of $300,000 to Pervasip over a
120-day period on the condition that the lender's warrants are cancelled."We are pleased with the cooperation of all parties in the establishment of
an agreement that is designed to attract additional equity to the company by
eliminating a warrant overhang that represents 80% of our fully-diluted
shares," said Paul Riss, Pervasip's Chief Executive Officer. "We have
approximately 30 m...Read article
SmallCapPost.com Technology Review: VoX Communications VoIP Mobile Service
2010-01-07 03:18:51
Quote: Press ReleaseSource: Pervasip Corp.On Wednesday January 6, 2010, 10:15 am ESTROWLAND HEIGHTS, CA--(Marketwire - 01/06/10) - SmallCapPost.com announces that it has
released a Technology Review Profile on VoIP mobile service provided by
Pervasip's (OTC.BB: - For the complete review visit:
VoX Communications Corp., a wholly-owned subsidiary of Pervasip Corp.
(OTC.BB: - ), delivers wholesale voice over IP (VoIP) telephone services
for the residential and small business markets. Leveraging a nationwi...Read article
VoX Communications Launches Low International Rates on Mobile VoIP Smartphone
2009-12-22 01:43:54
Quote: Pervasip's actual results
may differ materially from the results discussed in the forward-looking
statements. Factors that might cause such a difference include, among
others, certain risks and uncertainties over which the company may have no
control. For further discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the
forward-looking statements, see the discussions contained in Pervasip's
Annual Report on Form 10-KSB for the year ended N...Read article
A New Audio Interview with Pervasip's Chief Information Officer, Mark Richards, is Now at SmallCapVoice.com
2009-12-22 01:43:54
Quote: announced today that a new audio interview withPervasip Corp. (OTCBB: - ) is now available. The interview can be heardat SmallCapVoice.com is a recognized corporate investor relations firm,with clients nationwide, known for its ability to help emerging growthcompanies build a following among retail and institutional investors.SmallCapVoice.com utilizes its stock newsletter to feature its dailystock picks, audio interviews, as well as its clients' financial newsreleases. SmallCapVoice.com also of...Read article
Pervasip's VoX Communications Launches $69.95 Unlimited Windows Mobile Smartphone With Mobile VoIP Services Over Major Wireless Network
2009-12-03 04:11:55
Quote: WHITE PLAINS, NY--(Marketwire - 12/02/09) - VoX Communications Corp, a leading
provider of wholesale Voice over Internet Protocol (VoIP) telephone
services, has become the first carrier to deploy a mobile VoIP unlimited
data and voice phone in the U.S.Pervasip's Chief Information Officer, Mark Richards, noted, "We have been
working on perfecting this technology for over 12 months and our VoIP is
now an integrated component of the operating system of the HTC Touch Pro 2
mobile phone.We are not me...Read article
Pervasip Corp. Reports First Quarter 2009 Results
2009-11-30 07:31:29
Quote: It is creating a potentially vast ``VoIP Everywhere''
market -- a market in which the Company could have first-mover
advantage.Riss continued, ``Pervasip's vision is to become a pervasive
IP carrier, which fits perfectly with the 'VoIP Everywhere'
capability that Zer01 gives us. We have spent most of our
energies this year coordinating our VoIP services over Zer01's
data network, and this time commitment to Zer01 has slowed
our rate of growth in the first quarter of fiscal 2009 to
only 4% over t...Read article
PERVASIP CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2009-11-30 07:31:29
Quote: Item 7.01.Regulation FD Disclosure
On March 30, 2009, Pervasip Corp. provided a transcript of an interview with our
Chief Information Officer to IP Business Magazine, portions of which have been
used on the magazine's website. On March 31, 2009, we posted the full copy of
the interview on our website, www.pervasip.com.
The information contained herein and in the accompanying exhibit is being
furnished pursuant to "Item 7.01 Regulation FD." The information contained
herein and in the a...Read article
VoX Communications Now Serving Predictive Dialing Businesses
2009-11-30 07:31:27
Quote: Pervasip's actual results
may differ materially from the results discussed in the
forward-looking statements. Factors that might cause such a difference
include, among others, certain risks and uncertainties over which the
company may have no control. For further discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see the discussions contained
in Pervasip's Annual Report on Form 10-KSB for the year ended N...Read article
Pervasip Corp. Reports Second Quarter 2009 Results
2009-11-30 07:31:27
Quote: PVSPNews), a leading
provider of wholesale Voice over Internet Protocol (VoIP) telephone
services, today reported financial results for its second quarter ended May
31, 2009.Pervasip's CEO, Paul Riss, noted, "Our second quarter numbers represent our
best quarterly operating results since we became a VoIP provider.In
comparison to the first quarter of fiscal 2009, our second quarter gross
profit percentage is higher by 16 points and yet our selling, general and
administrative costs decreased by $...Read article
PERVASIP CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati
2009-11-30 07:31:26
Quote: Item 1.01.Entry into a Material Definitive Agreement.
Effective November 5, 2009, Pervasip Corp. (the "Company") consummated a private
placement pursuant to which the Company borrowed $50,000 from Valens U.S. SPV I,
LLC (the "Investor") and issued to the Investor a secured term note in the
principal amount of $50,000 (the "Note"). The Investor is an "accredited
investor" (as such term is defined in the rules promulgated under the Securities
Act of 1933, a...Read article
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