Pervasip Corp. Acquires 90% of Canalytix LLC

Pervasip Corp. completed the acquisition of 90% of the equity of Canalytix LLC, an energy and resource solutions provider focused on indoor grow facilities. The transaction was paid for with Pervasip common and preferred stock. Canalytix provides a cloud-based platform for monitoring greenhouse facilities, including HVAC systems.

“Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced its execution and closing of an agreement to acquire 90% of the issued and outstanding equity of Canalytix LLC, an energy and resource solutions provider based in Denver, Colorado.”

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