Will Pervasip Corp (OTCMKTS:PVSP) Go Back In Triple Zero Land

[[tagnumber 0]][[tagnumber 1]]The stock of Pervasip Corp (OTCMKTS:PVSP) has been traded more intensely since the beginning of the year when it was near the bottom of the chart, hovering around the $0.0003 mark. As March came we saw the ticker embark on a journey up the charts that led it to gains of more than 1000%, but how long can the ticker keep its price.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]When you look at some of the facts it all starts to look rather grim and we may very well see a grim outcome and a lot of losses for some investors. First of all, there are the sad figures that we see in the recently filed annual report for 2014 which looked like this.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 9]] [[tagnumber 10]][[tagnumber 11]][[tagnumber 12]]cash: $1,832!!![[tagnumber 13]][[tagnumber 14]][[tagnumber 15]] [[tagnumber 10]]current assets: $1 million[[tagnumber 15]] [[tagnumber 10]]current liabilities: $10.45 million[[tagnumber 15]] [[tagnumber 10]]revenues: $491 thousand[[tagnumber 15]] [[tagnumber 10]]net loss: $458 thousand[[tagnumber 15]] [[tagnumber 24]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As you can see, the cash on hand is virtually non–existent, the current liabilities are massive and the revenues are not very impressive. In fact, $478 thousand of the $491 thousand in revenues were generated in the nine months that ended August 31, 2014 which just shows how much the company has slowed down.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Furthermore, there is the matter of the dilution. Back in November the outstanding share count was [[tagnumber 11]]1,194,549,997[[tagnumber 14]]. In February it had grown to [[tagnumber 11]]2,185,745,829[[tagnumber 14]] and it was sitting at [[tagnumber 11]]3,924,059,321[[tagnumber 14]]. Considering that the authorized share count is nearly 9 billion and the fast pace at which the printing presses are working we might very well see a lot more dilution pretty soon.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This brings us to the question of the price of [[tagnumber 11]]PVSP[[tagnumber 14]]. Will it return to the bottom of triple zero land? Considering all the facts it may very well return there and it certainly made a big step after losing 29.41% to close at $0.0012.[[tagnumber 2]]