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Re: Captain and Diet post# 71889

Saturday, 09/21/2013 10:18:08 PM

Saturday, September 21, 2013 10:18:08 PM

Post# of 148345
I can't speak with 100% certainty but it is my understanding that claims made are unsubstantiated. Time will tell on those...

As for the involuntary bankruptcy, I still believe that it is only possible if the business is incorporated in Florida. PVE, is not... It's a Nevada corp as was ALAS. Saenz, I'm not sure of.

Above and beyond that, given all of the work that had gone into moving PVE forward and knowing that "you can't get blood from a turnip" I can't see why anyone would want to bankrupt the company for any other reason than spite. If PVE gets involuntarily bankrupted, then folks, and to my understanding, the shareholders included, get nothing. However, I must stress that this is in no way a good course of action for anyone believing that they are owed money, it will hinder their ability to receive anything.

IMHO none of these claims can come to fruition. I believe that PVE has retained counsel to take care of these issues and they will not affect the company moving forward.

For all we know, these claims (old debt) may have been satisfied using monies that were given for the stock recently seen.

Additionally, given the fast pace that Peter insists to be moving at, revenues and profits will be available prior to any actions being made against the company. So again I reiterate, let the man work, it's much more profitable for all parties... ESPECIALLY THE SHAREHOLDERS!

GO VDSC!!!