Pervasip Corp. (OTCPK:PVSP) agreed to acquire 90% stake in Canalytix LLC from FLUX Carbon Corporation for $0.3 million on February 12, 2015. Pervasip will issue 1 billion common shares and 0.1 million shares of the Series H preferred stock to the seller for the acquisition.

After completion of the transaction, seller will hold 25% ownership stake in common stock of Pervasip. The deal is expected to close in February 2015.