Please Read. Good Evening VDSC board. It's been a while since I've posted here on this board or really anywhere on ihub. I have been focusing on other plays but i am still invested in VDSC...not as much as I was a few weeks ago but still invested a good amount. This weekend I came across a post by this Cassandra ihuber which questioned the merger that took place a few years back between Saenz Corp and Vdsc. Cassandra basically asked what had happened to the $20 million worth of assets and the fleet of yachts VDSC acquired from Saenz Corp. After reading that post I thought...you know out of all the things I've asked Peter I never asked him this. So instead of speculation back and forth on this board I asked him. If this topic has already been covered here then so be it but if not the here you all go. Also I asked about the share structure and if Peter is diluting (see below...second email) I have asked this question many times before but got a different answer this time. And one last thing i want to add because I already know ill get called a lier a basher and everything else...I'm none of those things just an investor here in VDSC trying to understand the whole story. Here are the emails take from it what you want...
(Read each email from bottom to top. I'm below each email and Peters answer is on top.)
From: Peter Villiotis <peterv2010@live.com>
To: 'Brian Xxxxxxxx' <xxxxxxxxx@msn.com>
Subject: RE: VDSC shareholder?
Date: Sun 9/15/13 10:57 AM
Hi Brian
The Saenz deal was good and the assets was valuable, Ed salmon was promised
to Saenz raise capital to paid the debt company had which unfortunately
didn't happen, the funds never arrive and the creditors when after the
assets.
The assets still available but serious capital need to be raised in order to
be free and make the fleet operate again and create revenue.
Best regards
Peter
-----Original Message-----
From: Brian Xxxxxxxx [mailto:xxxxxxxxx@msn.com]
Sent: Saturday, September 14, 2013 10:09 PM
To: peterv2010@live.com
Subject: VDSC shareholder
Good Evening Peter,
It's been a while. How's everything been...I'm sure you been very busy. It's
been a bumpy ride here but I'm still invested a good amount. Just a quick
question I have regarding a very important transaction that took place a
couple years back. It's known that VDSC acquired Saenz Corp a while back. Ed
Salmon claimed that Saenz had $20 million in assets and had operated
profitably for 25 years in the Mediterranean area "chartering their own
fleet of yachts." But nothing much is really known about Saenz Corp these
days or the $20 million in assets or the fleet of yachts. So what happened
to this $20 million fleet of yachts and the profitable operations? Please
explain Peter. Thanks
------------
(Second Email sent a few minutes after the first)
From: Peter Villiotis <peterv2010@live.com>
To: Brian Xxxxxxxxx <xxxxxxxxxxxx@msn.com>
Subject: Re: VDSC Shareholder
Date: Sun 9/15/13 10:51 AM
Hi Brian
Am try to clean the debt prior to move on the merger's
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
On Sep 14, 2013, at 22:16, "Brian Xxxxxxxxx " <xxxxxxxxx@msn.com> wrote:
> And also briefly explain the share increase and are you diluting?
> Thanks,
>
> Brian
------------------
After reading this second email I wonder.... How much lower might it go???
All opinions are welcome please. Thanks.
