Elec Communications Corporation (ELEC) Income Statement

Revenues	295.08K
Related party revenue	5K
Total Revenues	300.08K
Cost of revenues	184.21K
Selling, general and administrative	234.67K
Total costs and expenses	418.88K
Loss from operations	-118.8K
Interest expense	-319.09K
Amortization of deferred finance costs	0
Gain on troubled debt restructuring	0
Gain on sale of subsidiary	0
Gain on settlement of derivative liabilities	265K
Other income (expense)	222
Gain (loss) on change in derivative liabilities	693.36K
Total other income (expense)	639.5K
Net income (loss)	520.7K
Loss from noncontrolling interest	-62.63K
Net income (loss) attributable to Pervasip Corp.	583.33K
Accretion of preferred stock dividends - beneficial conversion feature	12.03K
Net income (loss) attributable to common stockholders	571.3K
Basic earnings (loss) per share	0
Diluted earnings (loss) per share	0
Weighted average number of common shares outstanding: Basic	3.8B
Weighted average number of common shares outstanding: Diluted	3.8B

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