Replies to post #71040 on Drone Services USA Inc. (DSUS)

[eocwizard]

You are right in to the effect that no SEC filings have ever been filed for PV Enterprises the company has just taken the reigns, or ALAS Holdings Intl. that was not run by Peter Villiotis, but VDSC has had many filings - pick one:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000080327&type=&dateb=&owner=include&count=40

[GS1]

Most pink companies file unaudited financials so they are not legitimate in the first place. how does filing with Edgar makes them legitimate. Even if they file with do you think they will be.

[Captain and Diet]

Oops, yes, you are correct that the financials are not filed with the SEC but rather are filed with the OTC and are unaudited. I was referring to the OTC posts viewed at

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.