Followers | 16 |
Posts | 314 |
Boards Moderated | 0 |
Alias Born | 07/13/2012 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, September 17, 2013 11:07:15 AM
http://www.otcmarkets.com/stock/VDSC/filings
Specifically, most recent annual report....in regards to Saenz Yachts.
http://www.otcmarkets.com/financialReportViewer?symbol=VDSC&id=109932
in particular,
footnote 4 - Notes Payable, does not mention the any lien or debt related to Saenz Yachts, and
footnote 7 - Acquisition of Saenz Yachts, does not mention any lien or debt.
Also, Management's Current Update of prior exposures,
http://www.otcmarkets.com/financialReportViewer?symbol=VDSC&id=103756
where Peter certifies that, "
"ISSUER'S CERTIFICATIONS
Peter Villiotis certifies that
Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this disclosure statement, fairly presents in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure
statement.
Dated: May 6, 2013
Certified by: /s/ Peter Villiotis
Peter Villiotis, its President"
Yes you are right, financial statements submitted to OTC Markets by VDSC are false. I just found it amusing in Peter's email to Brian, Peter uses debt on the assets as an excuse.
In regards to the numerous previous court postings and citations for judgment and liens in various courts, I do not see them in the financials or the footnotes either. I am referring to message #65351 for these court judgment/liens. If these are true, then I am afraid that a company with no real assets and revenues will not be able to satisfy these judgments and might be the end of the company.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM