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Regarding ATRS; I sold all of my 50,000 shares last week at $4.38. I had held them for over a year, so I made a nice profit of $57,000. I thought there would be a big run-up going into PDUFA, but the stock seemed dead in the water, and I didn't want to take my chances. ATRS seems to act in the oddest way, never doing what you would expect it to do. Last year; it went up to $5.68 on absolutely no news, than dropped like a rock. If I was smart; I would have sold then, especially since it had risen for no apparent resaon. At this point; I think the price is already taking into account that the Otrexup disposable single use auto-injector intended for administration of methotrexate is a given. Maybe I'm wrong, but I couldn't afford to give up my gains. I also encountered 1 share at a time sales for some of the transaction, which resulted in 14 pages of sales for this stock alone in my trading account. What a nightmare to add up.
We are almost there, at 0.00 that is. Once we reach it; I'm pretty sure we won't go any lower.
I've been doing extensive research on VDSC and have come to the conclusion that if it hits 0.00; it won't go any lower. I'm pretty confident about this.
Thanks very much!
For those investors who are new to Antares; it would be helpful if you would explain the difference between the Copaxone auto-injector being used now and the ones that Antares are developing for OTREXUP, etc. My sister has MS and tonight for the first time, I took a look at the injector that's she's using to administer the Copaxone. She said that she uses it once daily, but has to do so in various locations, as there's some slight pain involved. So far she's tried 7 different locations on her body, attempting to assess the area that will be the most tolerable for her. She admits that part of the "pain" is psychological, as it's a new experience for her.
At any rate, I've only seen photographs of the injectors that are going to be marketed by Antares. I'd like to know if they're going to have exclusive rights to use their injector for OTREXUP and other drugs. Also, what makes their injector any better than those from another company or the one that my sister is using? I can't remember the name of the one that she's using and don't know if there's just one company making the Copaxone injector for MS. Thanks very much for you help.
I wrote to Peter earlier this evening. Below is a copy of my e-mail and his response, which arrived just over 30 minutes after I wrote him. I believe that he's trying as hard as possible to be transparent and to build a successful shipping company. His English isn't the best, but I think he gets his point across.
On Aug 22, 2013, at 20:42, "Andy xxxx" <andyxxxx@aol.com> wrote:
Hi Peter,
Previously, you said “we will not do dilution of VDSC shares and harm our shareholders and we are working vigorously on executing and staying in line with our business plan and helping to accelerate our revenues at the same time. This is a very important turning point for the company and I am very excited in the progress we are making.”
If the above is true, than why is the share count increasing from 6/20/13: 744,000,000 to 8/20/13: 1,944,000,000!
Thank you.
Best Regards,
Andy Xxxxxxxxx
His response ~
Hi Andy
Thank you for your comments and give
Me the ability to explain.
For your information we have three major mergers and some age debt to be clean up prior to move on our next level , we did have another way but to increase the shares in order to complete the plan.
Regards
Peter Villiotis
PV Enterprises International Inc
1850 SE 17th Street Suite 305
Fort Lauderdale, FL 33316
Tel: +1(954) 306-6242
Mob:+1(954) 999-8790
Fax:+1(866) 829-6999
Email: peterv2010@live.com
pvilliotis@pvefl.com
www.pventerprisesinc.com
I bought 1 million today for a total of 3 million.
It was 33 degrees in Speculator NY this morning (Upstate NY ~ Adirondack Mountains). Last week it was in the 90's.
Breaking Bad ~ Greatest TV series of all time!!!!!!
I totally agree; Bsav88atty thanks for all of your excellent research & thoughts regarding ATRS.
Where did GTI go to; haven't heard from him all day? GLTA...Friday looking good!
Just curious; where did OCM go to?
Thanks very much!
taxinow,
Thanks for all of the info. on VDSC. Even though I've already read it, it's nice to read about it again.
As for Advanced Cell Technology, I read your post last night prior to someone removing it. Ironically, I'm a retired Ophthalmic Photographer, having spent 3 decades photographing & performing fluorescein angiography on patient's with all sorts of Retina issues. I've probably photographed over 10,000 people with Macular Degeneration. I'm in absolute awe with what's taking place at ACT. I was in total disbelief when I read about the person who went from 20/400 to 20/40 in one eye. Anyway, I spent hours reading through their website and the background of the company officers & board of directors, than purchased $10K worth of stock. I know it's not much of an investment, but at least it's a start. I was astounded to read about the bio's of the individuals involved with this company...WOW! From my background, I can tell you that if a cure or meaningful treatment is found for AMD, it will be one of the greatest discoveries of the past 100 years.
Anyway, This is the VDSC board, so I'll refrain from mentioning other stocks in the future. I'm only doing so because you brought it up last night & it directly involves what I spent my entire career doing.
Than you again & go VDSC!
I did things backwards, but the end result is that I now know for sure that I did the right thing. GTI, I really do have you to thank, as I would never have become aware of VDSC had it not been for you. Thanks again. Gotta go, my iPad battery is down to 1%. GLTA....Go VDSC!
I also added today & will continue to do so. I had my doubts about VDSC & drove many people on this board crazy with all of my concerns. As mentioned, I finally did the DD that I should have done prior to purchasing the stock, spending Saturday night & Sunday doing what I should have done in the first place. All of my concerns have been addressed, including any accusations made by one of the moderators regarding the company. In addition, my son, who's a hedge fund manager, reviewed everything about this stock with me, and agreed that the reward far outweighs the risk. The bottom line is that I'm in this 100% and would personally like to thank GTI for addressing all of my concerns & fully answering all of my questions. Go VDSC!
I literally spent 36 hours over the weekend doing the DD on this stock that I should have done prior to buying it. Now, I'm 100% convinced that I made the right decision to invest in VDSC and will be buying more shares. Thank you GTI and everyone else for putting up with me.
I haven't sold anything: I decided to keep my 2 million shares. After doing more research; I'm of the belief that this stock may take off. My total investment is $21,689.33. I realize that I may lose it all, but on the other hand; I might become a millionaire. After thinking about it; I decided the reward outweighs the risk.
ad1 ~ Thank you very much; I appreciate your comments.
elvisonfire,
Thanks for another intelligent response. Greatly appreciated. Have a nice evening.
hockeypond ~ Thank you for your thoughtful response. In just a few sentences you address most of my concerns. Have a nice evening.
You're missing the point; I admit to doing a lack of research on VDSC. I'm not questioning the positive posts; I'm questioning the lack of messages regarding the disturbing information above the message board. As mentioned, I contacted Peter and got no response. I tried contacting him through their website, which doesn't work as well as by e-mail. A Google search reveals nothing. I was only looking for an explanation as to the negative information above the message board. I'm only searching for the truth. If the truth is that VDSC is a great company and that all of the negative stuff I've read is in the past, than that's great. If it's all in the past, why not remove it from the I-Hub site.
bwallman,
This is the kind of response I was hoping for. I will take your advice. Thank you.
Okay, you found me out. I'm the guy from Michael Mann's thriller, "Manhunter." I didn't think anyone would recognize me. As for the stock: I was on the $Sheff Station I-Hub board when GTI's post about VDSC appeared. It was removed within a few minutes, but I wrote it down and started my research. Unfortunately, my research didn't involve reading all of the information above the messages. I have no one to blame but myself. Now that I've decided to hold, I'm looking forward to some honest information from the company. I want the good, the bad, and the ugly.
I understand your concern, and after receiving some positive and intelligent responses to my posts; I'll likely be holding onto the stock. If Peter and his plans are indeed legitimate, than I will definitely not sell.
I'm talking about posts from early this afternoon, which were deleted simply because I posed questions about the company.
Okay, that's reasonable.
4keywest ~ Thank you very much for your reply, which is much appreciated. I was taking a train from NYC to Upstate NY yesterday afternoon, reading the I-Hub messages at the same time. One thing that baffles me is that a legitimate poster showed a copy of an e-mail from Peter, stating that he had never gone to Greece. Peter, in his own words, said that he couldn't go because all of the necessary parties were unable to get together. No sooner do I read this, than the post is deleted. Why would a seemingly legitimate post that everyone would want to know about be deleted. If Peter never went to Greece, shouldn't we all know that?
Thank you for your intelligent reply. I purchased my 2 million at an average price of .011. When I placed a sell limit order today, it wasn't filled even though my bid price was exceeded. It wasn't filled because I placed an all or none order. I've since decided that I'll hold on to my shares, based on the feedback that I receive to my latest posts. If my post are deleted, I'll put them up for sale again. The reason why I used an all or none order, is because when I purchased my second million, it was broken down into so many different purchases that it was a very difficult to manage. As mentioned, when I hear from an intelligent person, such as yourself, it gives me more reassurance that Peter knows what he's doing. By the way, why would Seeam put all of that negative info. on the website? Isn't he an owner of the stock?
I'm not quite sure what you're trying to say, but it certainly has nothing to do with my question. If you're unable to provide any insight, it's better that you keep on the sidelines
Thank you. I'd also appreciate hearing from others before my message is deleted. As mentioned; I'm not a basher, just someone looking for reasons why there is so much negative material posted on the website. I will be greatly relieved if my message is not removed and I receive honest and intelligent answers that will address my concerns. I'm sure that other new investors would appreciate hearing the same.
Would someone kindly explain the information below, which is copied directly from the information above the message board. I'm simply looking for information & explanations, not trying to bash the company. I own 2 million shares, which I tried unsuccessfully to sell earlier today. If someone can clarify all of this disconcerting information, perhaps I will keep my shares. My other 2 posts from earlier today were deleted, as I expect this one will be. If so, than I'll know for sure that the moderators don't want the truth to be told. I'm looking for positives as to why I should continue to hold VDSC. The information below concerns me and I believe should concern anyone who's new to VDSC. Had I done my proper DD; I never would have entered the stock. Now that I'm in, please provide legitimate reasons for me to stay in. Thank you.
Past History
ALAS-PV Enterprises, Inc. Announces Purchase of Cruise Vessel
Posted January 2012
PV Enterprises (Pink Sheets:VDSC) is pleased to announce the company has placed a down payment to acquire a 27000 tonnage 600 feet long Oceanliner Cruise Vessel. This magnificent Cruise ship has luxury accommodations, large public spaces with 650 seats dining room, Bistro, Disco, 5000 Sq Feet Casino, Main Show Lounge, and seven bars to accommodate 1200 passengers and 600 crew members. This vessel will be used to fulfill the obligations of a signed charter agreement with Yeosu Expo 2012 in Korea for four months. (http://www.worldexpo2012.com/). http://www.koreaherald.com/business/Detail.jsp?newsMLId=20110511000928 http://eng.expo2012.kr/is/ps/unitybbs/bbs/selectBbsDetail.html
PV Enterprises defaulted on this charter. Never delivered a vessel to the Korean Expo. No reveneues were ever recognized or earned on this charter. Defaulted on lease of a replacement vessel that was to be placed at the Korean Expo, the m/v Ocean Star Pacific, at a loss of millions of US Dollars to the company. PV Enterprises has not returned initial deposit of $2.2 million back to Korean Expo.Korean Charter required Mr. Villiotis, PV Enterprises (PV), to deliver vessel to Korea at PV's own expense. Koreans, in good faith, advanced $2.2 million to PV. PV had a Loss of Charter Insurance policy guaranteeing the charter rate if PV delivered a vessel to Korea. Vessel(s) Mr. Villiotis personally selected were not sea worthy and certified for repositioning to Korea. PV was unable to get the vessel(s) certified for the transit to fullfil the contractual obligations.
PV Enterprises has completed the reverse merger into ALAS
Posted December 2011
PV Enterprises has completed the reverse merger into ALAS and is moving forward to build a dynamic global shipping company. Peter Villiotis Chairman stated, "This is a first step and a major step in creating a global shipping company that has been promised to our investors.Peter Villiotis was 100 % owner of PV Enterprises prior to the reverse merger as well as CEO of SAENZ Corp., which was acquired by ALAS International Holdings in May of 2011. Peter Villiotis is now the majority shareholder On or about December 12, 2011, the Company acquired PV Enterprises, Inc. through a reverse merger. The Company issued 34,500,000 shares of ALAS common stock to Peter Villiotis in exchange for 100% of the shares of PVE.
Other Disclosures
(The "Intro Box" is NOT maintained by Alas International Holdings and is intended solely as a quick information source on ihub. For more detailed, up-to-date information on Alas International Holdings, please go the company website.)
The following postings are made by moderator Seaam. Seaam is the longest serving moderator on this Ihub site and has over thirty years financial and cruise industry experience. For a brief period in early 2012, he served as a consultant to the company on an independent contractor status. He assisted in the arrangement of several loans to the company that subsequently the company defaulted on and currently company has been served legal notices for these defaults. Seaam is also a creditor of the company and the company has defaulted on its obligations to Seaam. Seaam has no confidentiality agreement with company and is thus able to discuss this public company without restriction. The following disclosures are from pubic record sources.
NO RECENT ANNUAL SHAREHOLDERS MEETING
Posted January 2013
There has been no Annual Shareholders Meeting, or notice thereof, held for the past several years as required by the Bylaws and the Articles of Incorporation.
See Corporate Bylaws link: http://www.otcmarkets.com/financialReportViewer?symbol=VDSC&id=29320
See Articles of Incorporation link: http://www.otcmarkets.com/financialReportViewer?symbol=VDSC&id=29323
STATE REGISTRATION(S) DEFAULTED
Posted November 30, 2012 & Updated Feb. 8, 2013
PARENT
ALAS aka PV Enterprises International, Inc. - defaulted non current state registration exists for the parent company, Business License expired 9/30/2012.
Nevada State Registration:
See link: http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d&nt7=0
SUBSIDARIES
SAENZ CORPORATION - "not a statement of good standing" exists for the subsidiary:
Delaware State Registration:
See link: https://delecorp.delaware.gov/tin/controller
PV ENTERPRISES, INC. - 2013 Annual Statement not filed, Last Annual Statement (the 2012 Annual Statemen)t filed 1/3/2012 Active Status (company will be in default May 31)
Florida State Registration:
See link: http://search.sunbiz.org/Inquire/Corporation/GeneratePDF?tiffID=domp-p99000069552-7d09ba91-ed94-4f1d-9884-7f3f70a78f75_3ad3f115-a932-490c-9693-dc9cf1464404&dID=P99000069552
Current Registered Agent Name & Address
VILLIOTIS, PETER
1745 E HALLANDALE BEACH BLVD
# 2406W
HALLANDALE BEACH FL 33009 USA
(this is also the personal residence of Peter Villiotis)
VACATED OFFICES
Posted December 19,2012
Company vacated offices and disconnected telephone(s) week of November 20, 2012 without notice at Lauderdale Marine Center. Contact via US Postal Service on Dec 19 shows "attempted delivery - not known, unable to forward". No forwarding address on record with US Postal Service. Lauderdale Marine obtained a Judgment of Default against PV Enterprises and this judgment is on file with Florida Secretary of State.
Old Address:
Lauderdale Marine Center
2015 SW 20th Street
Suite 220
Fort Lauderdale, FL 33315
Telephone Number(s) for CEO Peter Villiotis, as posted on the Board or used in the past by him:
954-999-8790
954 478 6622
727-736-4724
551-959-0000
305-903-1777
866-610-1825 (fax)
E-mails used:
peterv2010@live.com (appears to be active)
peterventerprises@gmail.com
peter.villiotis@panamships.com
peter@nettalk.com
Investor Relations
954-306-6242
954-603-3339 alternate number used on several PR's
Posted May 5, 2013
Company has not disclosed several Significant Lawsuits
The company is involved in several lawsuits for defaults in amounts borrowed by the compan and/or its subsidiares. The following is not a complete list, but is indicative of several types of these lawsuits.
a) Former ALAS Director and Investor, Larry Salzant, has filed a lawsuit for approximately $1 million USD. CEO Peter Villiotis has missed several discovery hearings. Larry loaned monies to ALAS on a secured A/R factoring basis and the monies were not returned as agreed and the securities were not protected by the company. Lawsuit is nearing judgment phase.
b) A Texas investor loaned some short term monies to ALAS on a thirty day basis, approximatley $200,000, CEO personally guaranteed the majority of the borrowings via a promissory note. Service notice has been delivered to PV Enterprises and a default judgement is being entered.
c) There are several recent judgements entered at the Florida Secretary of State. Two are with maritime service / equipment providers and one is with Lauderdale Marine. Lauderdale Marine was the former landlord of the companies offices. Also, the principles of Lauderdale Marine loaned monies to ALAS that have been defaulted on.
Posted Nov. 20, 2012
Analysis of 2nd Quarter, 2012 Report –
Quarterly report showing assets of $12.9 million dollars. These ALAS assets are based on "stock only exchange" of VDSC stock, value at market on date of transaction, traded for the assets and liabilities of PV Enterprises and Saenz. Neither the subsidiaries individual asset's fair market value by appraisal nor related debts have been disclosed in the ALAS financials. According to the 2011 and 2012 SEC filed financials, ALAS aka PV International Holdings had zero revenues for both years. Operating results and losses of both wholly owned susidiaries are not consolidated in the financials. The liabilities and losses of the m/v Ocean Star Pacific ship charter nor default for the Korean charter have not been disclosed. Financials have never been audited. There are millions of dollars owed to defaulted vendors, strategic partners, loans, (from investors, employees and consultants, and short-term borrowerings), primarily via SAENZ and PV Enterprises subsidiaries, that are not disclosed in the ALAS financials for their wholly owned subsidiaries. Some of these borrowings are personally guaranteed by the CEO and could affect the CEO's personal ownership interests if not repaid.
ALAS International Holdings, Inc. aka PV Enterprises International, Inc. (VDSC) Announces Stock Dividend to Its Shareholders
ANALYSIS - posted Feb 8, 2013
For spin-off of Red Tide, a minority interest will be issued, approx. 39% of common stock (3,000,000 shares) in Red Tide to ALAS Shareholders on a conversion basis of 125 ALAS shares to 1 share of Red Tide (a conversion rate .008).
The underlying Agreement terms, made in June 2012, between ALAS and Ed Salmon/Al Ayres, authorizing this TRANSACTION has not been disclosed to the Shareholders and probably would be required under the new transparency rules. The ALAS Board resolution, dated June 30, 2012 and as referenced in Red Tide's S-1, probably requires ALAS Shareholder approval as required under ALAS Bylaws and Articles of Incorporation. Compound this with the ALAS Board that has not been formally elected in the required annual meetings and that have not been held for several years.
ALAS International Holdings Acquires Saenz Corp.
Posted May 11, 2011
CLEARWATER, Fla. -- ALAS International Holdings, Inc. (Pink Sheets:VDSC) today announced that they have acquired 100% of the SAENZ CORPORATION, a Delaware corporation, and its $20 million in assets.
ANALYSIS - PV International recorded $8 Mill on their 2011 and 2012 SEC filed Financials by issuance of stock, not the $20 mil stated above. Although, per quarterly report on May 7, 2011, the Company acquired the assets and operations of Saenz Corporation, USA. Saenz Corporation consisted of three yachts, with a fair market value in excess of the $8 million dollars They show zero operating revenues for both years from SAENZ Corp. Yachts have no current operations. LIENS ARE FILED IN DELAWARE AGAINST THESE YACHTS BY A MAJOR AMERICAN CORPORATION.
The yacht market in the Mediteranean has been severely affected by the world wide recession since 2010. These yachts have no disclosed fair market appraisal and their physical location has not been identified to the public (last known yard was in Turkey for the newbuilds). The existence of these yachts cannot be verified from any company disclosed information. No website exists for Saenz Yachts. Orginally stated were six yachts in press releases and most current disclosure only mentioned three yachts, of which two are uncompleted hulls? The two uncompleted hulls have been listed with brokers since 2010.
ALAS-PV Enterprises, Inc. Announces Purchase of Cruise Vessel
Date : 01/13/2012 @ 9:24AM Source : GlobeNewswire Inc.Stock : ALAS International Holdings, Inc. (VDSC)
Alas Intl Holdings (PC) (USOTC:VDSC) Today : Friday 13 January 2012
PV Enterprises (Pink Sheets:VDSC) is pleased to announce the company has placed a down payment to acquire a 27000 tonnage 600 feet long Oceanliner Cruise Vessel. This magnificent Cruise ship has luxury accommodations, large public spaces with 650 seats dining room, Bistro, Disco, 5000 Sq Feet Casino, Main Show Lounge, and seven bars to accommodate 1200 passengers and 600 crew members. This vessel will be used to fulfill the obligations of a signed charter agreement with Yeosu Expo 2012 in Korea for four months. (http://www.worldexpo2012.com/). http://www.koreaherald.com/business/Detail.jsp?newsMLId=20110511000928 http://eng.expo2012.kr/is/ps/unitybbs/bbs/selectBbsDetail.html
ANALYSIS - This vessel was never purchased by ALAS aka PV Enterprises and no public press annoucement was made regarding the default and non purchase of vessel. The vessel was subsequently scrapped by its true owners, Louis Cruises, via Indian breakers in early 2012.
See link: http://en.wikipedia.org/wiki/SS_The_Emerald YouTube video of SS Emerald at Alang India scrap yard,
See link: http://www.youtube.com/watch?v=c6qwJ7AD8cw
Lasting 93 days ... The 2012 Yeosu Expo is the second international Expo to take place in Korea, following the Daejeon Expo held in 1993.
( The event will be carried out for four months from May 12 to August 12, 2012 under the theme "The Living Ocean and Coast."
The site of the event will be filled with various displays and facilities such as a thematic pavilion situated upon the sea, an international pavilion where participating countries will prepare displays, and the nation's largest aquarium, among others. This charter alone will bring to the company gross revenue of $10,340,000 USD and on board revenue of an additional $3,000,000 USD in the four months alone.
ANALYSIS - PV Enterprises defaulted on this charter. Never delivered a vessel to the Korean Expo. No reveneues were ever recognized or earned on this charter. Defaulted on lease of a replacement vessel that was to be placed at the Korean Expo, the m/v Ocean Star Pacific, at a loss of millions of US Dollars to the company. PV Enterprises has not returned initial deposit of $2.2 million back to Korean Expo. Korean Charter required Mr. Villiotis, PV Enterprises (PV), to deliver vessel to Korea at PV's own expense. Koreans, in good faith, advanced $2.2 million to PV. PV had a Loss of Charter Insurance policy guaranteeing the charter rate if PV delivered a vessel to Korea. Vessel(s) Mr. Villiotis personally selected were not sea worthy and certified for repositioning to Korea. PV was unable to get the vessel(s) certified for the transit to fullfil the contractual obligations. PV never delivered a vessel as per contract and PV DEFAULTED. Koreans made a demand for return of deposit, which PV did not honor. PV was still trying to reposition the vessel to Korea the last three weeks of the Expo. Litigation is pending. NEVER MADE A PRESS ANNOUNCEMENT REGARDING THEIR DEFAULTS .
Yesterday, someone wrote that Peter never went to Greece, because he couldn't get all of the people together to finalize the agreements. There was an e-mail posted on here, supposedly written by Peter, in which he explained the above. Now; I'm reading that he's still in Greece. What is it; is he there or did he never leave the USA? Regardless; the lack of PR's is having an effect on the price of the stock. I'm not being negative; I'm being realistic. I purchased 2 million shares of VDSC and as soon as I did so; no one seems to know where Peter is. Also; I sent him an e-mail about 10 days ago and never received a response. I also attempted to send an e-mail from their website, but the link doesn't work, so it's impossible to contact them through that venue. I bought this stock, based on all of the positive information on this message board, yet to date; it seems like nothing either positive or negative is taking place. The company has yet to generate any income. Enough of the cheer-leading; when are things going to change?
Just started buying VDSC last Friday. Now own 2 million shares. Thanks Green Thumb Investor for pointing out this company that I didn't even know existed.