Seeking honesty and profit in business
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But people that file complaints have contacted me and informed me of their complaints to the SEC.
Nothing like hearing the truth directly from the people filing the complaints.
So many people have been hurt.
Nothing like reverse logic to lose more money.
Isn't there another good investment in penny land, besides this piece of garbage.
Remember, I have first hand knowledge of this Company, owner/CEO, and its true financial condition. Admittedly, some of my information is dated and not subject to inside knowledge....no inside trading considering 3 years ago I was cfo.
I have a friend that still believes in the certs...he bought a $1000 BACK IN 2011, certs have been deleted to less than $10.00 NOW.
CERTS WILL BE WORTH NOTHING CONSIDERING HISTORY.
Peter is now over 65 years old and cannot continue this fraud or so-called start-up for many more months/years. Age and time catches up with one.
Those Certs are already the subject of a formal SEC complaint. They were only issued to select individuals.
Don't count on those certs being worth anything IMO. Just look at the way they were issued and are still being issued.
Certs are nothing but toilet paper IMO.
It seems like only you and I are still interested in the this Company considering the postings today and yesterday.
A lot of people know of fraud with this Company. But it takes many complaints for the SEC to get this Company on its radar. Someone is going to hit the jackpot with the SEC reward.
I have tried to collect my wages via polite notices, collection agency, etc.
Peter is without remorse...I am just one of hundreds of former employees or investors, or strategic partners that have been hurt severely by this sociopath without remorse.\
History is the best predictor of the future and the history is not good here.
Slander is false statement....I would be happy to swear in a court of law or via disposition the truth of every thing I have stated.
Yes, an ex-employee but of very high morals and integrity, a CPA/MBA/MS...single parent with a strong belief in God.
Every statement I have made has been truthful.
This is a high risk and please, please, please, do not risk any monies...so many people have been burned and have literally ended up in the hospital (like Ben Keeley) or placed at risk their families.
SEC Announces Award for Whistleblower Who Reported Fraud to SEC After Company Failed to Address Issue Internally
$400,000 Award
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542578457#.U-en8ONdWz5
Wages are due many people including my REAL claim of unpaid wages in excess of $18 thousand (Peter needs to settle with me and I woudl disappear...buyt without some settlement...I am here forever).
Quang Meredeth is going to seek a new Summary Judgment without trial. I gave a full disposition in Ft. Lauderdale. He has a personal guarantee of $200,000 from Peter Villiotis. Peter has nothing, repeat nothing, to support him here...no witnesses, no paper, just defaults.
Larry Sazant also has a personal guarantee in excess of $200,000 from Peter Villiotis. He is owed in excess of $1,000,000 I understand.
Ben Kelley, VNS, filed via a lawyer an SEC Complaint and also a $40,000 lawsuit.
Former Controller Ken Cartosa is encouraging and offering advice on ways to file numerous SEC complaints regarding Peter and the illegal operation of this Company.
Former Chairman Ed Salmon is seeking also a formal SEC complaint, although he does not have a clean pasture from his tenure.....but nothing as serious as Peter's.
Even the SAZEN yachts merger (the original merger that got Peter in this Company) is probably fraudulent and places into question Peter's even ownership and right to run this Company. Sazen Yachts at the time of the merger were fully seized and mortgaged and the merger was thus fraudulent and fully avoidable.
You failed to acknowledge the numerous liens and judgments that already have been filed and cannot be disputed.
Company has done nothing in the last three years to developed a revenue generating business.
Peter is raising money by diluting and selling shares to the magnitude of 19 billion shares.
What's next, a reverse split and Peter probably leaving for his villa in Greece .
Following the public records....how can anyone defend this company and Peter Villiotis.
Seriously, if you want to play this stock than just treat it as a casino with the odds fully stacked against any profit. Even with casinos closing throughout the country...a prudent investor still tries to protect his principal and this is highly risky.
How can one even argue with this logic of risk....
so many people have lost serious money and has affected their ability to live, retire, attend college, support a disabled child, etc.
All from this sociopath who cares only about himself and no one else.
There is no Karma in this world...but believe me ( and I have cancer) there will be a severe judgment day for Peter in God's creation. Life is forever and God does exist and retribution for evil acts are real in this world and in heaven.
May God have mercy on Peter .
VNS, Larry Sazant, Quang Meridith, other claims, judgements and liens on file. I do not think their is anything that is indicative of court cases being resolved.
COURT CASES ARE NOT BEING RESOLVED ACCORDING TO COURT RECORDS, ATTOTRNEY COMPLAINTS, SEC COMPLAINTS, AND OTHER PUBIC RECORDS.
I am relying on Peter's past track record, personal knowledge, and reading court cases.
I agree that this company now is just a penny stock play for financiers. There has been no real business for several years. It is just P&D IMO .
VNS is a software supplier . Ben Keeley, was having major health problems . Peter defaulted on Ben. Put Ben at great risk of vNS. Petrr personally took advantage of Ben. Ben was given some stock, super diluted now, and an A/R of $40,000 due to VNS. This goes back to the Ocean Star Pacific.
i'm back...still see this company as a scam. New lawsuits were filed by VNS for over $40,000. Also VNS filed formal complaints to SEC through their attorneys.
This is high risk for naive investors only who want to lose their money.
Remember, I ama former CFO of PVEC for just a few/weeks in 2011
IMO it is a bust
I understand Peter has certain joint south florida real estate holdings with girlfriend. Also some bank accounts
Ii am proceeding with filing my lawsuit personally and corporately against them.
Tone is either honest or dishonest . IMO Peter has a moral compass of dishonesty, Machivakian and truly is a sociopath.
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Peter has assets and has been benefitted from these scams, how does he spent months in Europe at his villa in Greece without some benefit.
His lifestyle is directly out of your pockets. No , he is not an innocent along with many others who benefitted from scamming others.
Peter, Al Ayer , Ed salmon , and many others have taken advantage of the naive.
I personally think criminal charges are appropriate , but authorities seem too buzzy elsewhere.
Peter , at time of OSP ship closure in last weeks, also received fake tracking numbers for fake payments of crew wages wire transfers.
This was in papers and also confirmed in ITF maritime union allegations. Also ex -CFO heard peter admit and talk about it at that time...stating who else would do it
IMO, cert tracking is. Probably fake to buy time for some reason.
They have no money, just debts and liens.
Peter May have some joint assets or other financial interests still in Florida that will be frozen or seized . Pity the co-signers IMO.
We will see.
Shareholders are going to get nothing, creditors get judgments,
Peter personally judgments/liens and probable bankruptcy or he will skipped country and enjoy his villa/yacht in Greece
Possibly regulatory action or inaction against Peter and/or Company.
I agree , just judgments on file personally against Peter for the future.
Filed complaints to regulatory agencies.... I have previously posted lists of such and telephone numbers.
One's only hope to hold peter accountable is regulatory action.
There are other judgements with higher priority already on file.
However there are several suits progressing and being filed personally against Peter . Also a few judgments have already been filed against him personally.
He did to 200 crew in Mexico on the OSP in 120 degree august sun with no food or water or a/c
No, as long as Peter is held unaccountable and opportunists are enticing naive people out of their hard earned savings and dreams.
Honesty is always the best policy.
Peter needs to be held accountable.
More lawsuits are going to be filed IMO and Texas will be re-opened as a summary judgment rehearing.
I sincerely hope that warnings on this board have saved many from losses .
Not everyone was wiling to be forewarned.... My only desire was to protect.
I sincerely wish Kerry and Jason the best . Peter probably took advantage of them too like he has so many ... The desperate, the innocents, the fool hardy and head strong. The believers of a very convincing liar.
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Didn't Kerry state recently, "resignation over MORAL and professional concerns "?
Kerry additionally during her brief tenure accomplished record dilution and record historical low PPS and further major weakness in lawsuit's defended. Not a stellar resume
They own or lease or control no ships.
Most of us already know, for months now, if this is a scam.
The DD and historic results have pointed to such for years now.
Dilution, false forward looking PR's, no revenues, new plans every week, investigations, court liens and judgments, 3 false Certs, warnings from former lawyers/consultants/employees (including Kerry), etc.
Most of us already know if scam or not.
This says nothing about the original intent of Peter years ago ... but IMO.... Peter and Company with hindsight ... His personality deflects predicted a scam ultimately .
It goes to the C's of credit management... Capacity, Character, Collateral, Control with checks and balances....
"Need to raise $850,000"
That is not even enough to pay the fuel costs for a few days of a modern cruise ship..... Older tonnage is fuel inefficient.... That is why older tonnage is obsolete and usually sold for dead weight scrap metal value.
Additionally, the Company's and Peter's accumulated debt is far more than the $850,000 amount stated in the Company announcement.
IMO, Peter has turned into a desperate person who has chosen the path of dishonesty, corruption, and non truthfulness. IMO, he is a true sociopath.... The only one I have truly ever known. Please truly be careful....
IMO, There is no profit to be made here. Just the sad fact of lots of people who have lost lots of real money, time for services, unrealised capital appreciation of their so-called "free" shares and their personal unfulfilled dreams.
I truly do not understand in this completely unregulated environment of penny stocks alas to why this Company is even allowed to exist and Peter is held unaccountable.
Real debts are court ordered judgement liens and they have NOT been paid.
Company is effectively bankrupt.
IMO, if one speculates on this company and its sole manager, than one is just burning their cash and throwing the ashes to the winds.
This opinion in based on an intimate knowledge of the Company and its principal; also the past three years of dismal track records ,me falling record low PPS , and unprecedented dilution.
The bottom line is that the defaulted credit has not been paid and the company is effectively bankrupt.
Their are liens and judgements and on -going court actions against the company and Peter personally.
All statements from the company are unfulfilled forward looking statements.
"This company has legs". .....
Peter always running away from the defaulted creditors and unpaid ex employees and dis-illusional investors.
No real business ....just visions of sugar plums in his imagination . All raj and no reward.
I am sure all of Peter's on. The come line attorneys now know what broke ass means.
Attorneys led on and not paid. It has happened to at least five attorneys now.
Peter is a broke as that word perfectly disc rubes has stealing of wages and consultant's or attorney time and advice ...
I do not recalled attry. sagas as an officer on any SOS filings.
I am starting to think he is another Peter type attorney... Get the firm working for free .... And they will stretch the law.
I believe most shares issued for services, collateral, or other "free" stock basis.
To these people, it makes complete sense to sell since if it goes no bid or bankruptcy....
"Nothing from nothing is nothing....you gotta have something if you want to play with me"
Or in other words,
"A bird in the hand is worth two in the bushes".