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Re: Mtrader16 post# 83221

Friday, 11/08/2013 11:06:17 AM

Friday, November 08, 2013 11:06:17 AM

Post# of 148357
Always "Forward Looking" PR ... here's some concerns about today's_


The Company PR changes in accounting firms and public relations firms before. This will be the seventh change in accounting firms and one of several for public relations. Appears that the engagements never start or are of short duration when firms do not receive payment.

This PR does not mention the name of the public relations firm, unlike previous PR's.

This PR does not mention the name of the certified public accounting firm, unlike previous PR's that mentioned engagement of accounting firms.

This PR states an "SEC-certified public accounting firm", there is no such thing. American Institute of CPA's does provide specialization of firms for PCAOB (Public Company Accounting Oversight Board):
see PCAOB link: http://pcaobus.org
see AICPA link: http://www.aicpa.org/InterestAreas/CenterForAuditQuality/Resources/PCAOB/RegistrationRequirements/Pages/PCAOB%20Registration%20Requirements.aspx

It will be many years before VDSC (PVEI) will ever be listed on a "higher exchange". This is because Compay must have meet an earnings and revenues threshold test for several years in that application process. PVEI does not meet these requirements.

It will be interesting to see if the company does release an 8K for the two expected upcoming PR's as the Company committed. Especially since the Company last week said they do not have to release 8K's.

all press releases shall be accompanied by the appropriate SEC 8K, ... the Company has a number of material events which will be coming out over the next few weeks commencing with two press releases scheduled for distribution next week.

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