White Plains, New York--(Newsfile Corp. - February 16, 2021) - Pervasip Corp. (OTC Pink: PVSP) (the "Company") announced it is planning to prepare and file current financial statements and work to remove the stop sign on OTC Markets.

The Company has submitted an OTCIQ Order Form to subscribe to OTC Disclosure & News Service and intends to file its annual and quarterly reports on OTC markets to become an issuer with a Pink Current Information designation. The Company plans to announce a restructuring that does not include a reverse split and will shortly disclose its new business and the management team.

The Company intends to follow up with regular news releases so that shareholders can track the development of what we believe is an exciting business opportunity.

About Pervasip Corp.

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The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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