Pervasip Corp.'s (OTCBB: PVSP) reached up 77.94% in morning trading to $.05 with 1M shares traded. Pervasip is a new generation communications company providing wholesale Voice over Internet Protocol (VoIP) services. Pervasip is focusing current and future resources on the growth of its wholly owned subsidiary, VoX Communications. Using its own nationwide VoIP network, VoX offers scalable and reliable broadband voice, origination and termination services to cable, wireless and wireline operators, as well as enhanced VoIP telephone service to the small business and residential marketplaces. VoX's proprietary IP platform enables superior quality and service at very low fixed costs, which is expected to translate into a faster break even threshold as the Company capitalizes on accelerating market demand for its VoIP services. Pervasip Corp.'s (OTC Bulletin Board: PVSP. ob - News), wholly-owned subsidiary, VoX Communications Corp., is now offering its mobile voice app to Facebook users. VoX helps Facebook users maintain privacy by offering a virtual phone number app to those who do not want to disclose their mobile phone number. Online chatters find it valuable to have a virtual number, with a separate voice mail application, so a person's primary mobile phone number remains private. With the growing popularity of social networks and online dating, VoX's app for a second mobile line is helping people maintain some privacy and assuring that a person's primary mobile phone number does not become misused by a new acquaintance.
Monster Offers (OTCBB: MONT) reached up 65.38% in morning trading to $.43 with 190K shares traded. Monster Offers is an emerging social media and technology company specializing in online commerce solutions for consumers, Fortune 1000 Companies and Nonprofit Organizations. Monster Offers (OTCBB:MONT.ob - News) announced today that it has signed a $10 million equity financing agreement with Boston-based institutional investor, Auctus Private Equity Fund, LLC. The financing is subject to an S-1 Registration Statement being declared effective by the U. S. Securities and Exchange Commission. The company expects to file the S-1 Registration by January 28, 2011.
WatchIt Technologies Inc. (PINK: WTCT) reached up 70% in morning trading to $.0051 with 53M shares traded. WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of "Green Technology." WatchIt Technologies Inc. (Pinksheets:WTCT - News) announced today that it has produced the due diligence information including a use of proceeds plan for the pending durable finance package. Based on the soon to be released test results performed at the EPA certified lab, the company has been asked by several of the potential investors to layout a detailed use of proceeds. The initial investment pro-forma outlined by the company demonstrates the need to take both the diesel and gasoline versions of the fuel reformer to a production ready status.
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