The below (see way below) exhibits show that on 12 November PV paid OTC Markets (here out referred to as OTCM) for Web Release Plus for the 12 November PR to be distributed by PR NEWSWIRE. On 12 November OTCM released the PR but did not distribute the PR accordingly. On 13 November, I contacted PR Newswire and engaged in a fifteen minute or so dialogue with a representative that confirmed that despite the fact that the PR was to have been distributed by PR Newswire,it was not. I then contacted OTCM at which time I spoke with Gareth Colglazier, who, at my behest, searched the information I provided with respect to the PR, ultimately confirming that there was some sort of glitch that he could not explain, that the PR should have been distributed by PR Newswire on 12 November and that he would work to resolve the matter asap. Because of said glitch, Gareth was unable to locate the original file, subsequently requesting via email for such to be provided (see below). Since I had already contacted PV, AND HAD IN MY POSSESSION THE RECEIPT FOR THE 12 NOVEMBER PR RELEASE after explaining my findings and conversation with the parties involved, I requested he forward me the original file so that I could make it available to OTCM for an immediate rectification of the issue. Such was done, the file was provided to Gareth and the PR was finally distributed after hours on 13 November.
The fact that the PR was not released as it should have been on 12 November was not due to a lack of contact information on record for PV or any action on PV's part. Rather, it was due to an error in the OTC Market's system. The same error that would require me to contact OTCM AGAIN on 14 November after they failed to distribute the 14 November PR as it was intended. Once again, it was confirmed that there was some sort of glitch with the OTCM system. Once again, at Gareth's request, I provided the original file, since it could not be located in their system. Once again, the PR was reissued and at last distributed via PR Newswire as it should have been from the start.
As I stated yesterday, information shows that these last two occurrences are not the first time PVE's PR's were not properly distributed by OTCM.
This FAILURE ON THE PART OF OTC MARKETS coupled with the erroneous claims made against PV resulting from this failure--claims that remain completely unsubstantiated--have had a significantly negative affect on the reputation of the company, the CEO AND the pps.
***Previous legal information stated has been retracted to remain on topic****
Similarly, U.S. corporations are chartered by the state and/or federal government, and have both legal and ethical obligations to the public and to their shareholders; given the profound effect social media and website content have on investor interest, a company can and will be held accountable for information it disseminates by way of their website or any social media outlet it utilizes in its efforts to sell itself. Although PV counted a few chickens before they hatched with respect to what he can issue with the present trading status of the company (i.e., issuing 8K's before being fully registered with the SEC) every single bit of information that PVE disseminates in an attempt to acquire shareholder interest (money) can and WILL be considered as an attempt to meet or thwart PV's legal and ethical obligations to his shareholders and customers. Conversely, there is significant flexibility in the disclosure of financial information with respect to revenue and how and when it is disseminated. PV is well within his rights at this juncture to announce revenues via his website, public media or carrier pigeon if he so chooses. He is NOT required to provide the bone fide documentation associated with the said revenue, whether it be through financing, contracts, etc. The fact that he discloses such publicly--BY ANY PUBLIC MEANS--is sufficient under the law.
There is a significant difference between faux pas and fraud. Especially when said faux pas is committed during the course of attempting to further legitimize your already legitimate endeavors. Mistakes happen when you are human. The SEC understands this. Courts of law understand this. And any investor with enough sense to actually consider where he/she invests his/her money should understand this.
As it has been repeatedly pointed out a myriad of times, PV & his enterprise have been hard at work solidifying Zeus-like deals that will in very short order that will ultimately compel his shareholders to go dancing in the streets. The present state of the pps is not due to illicit or wrongful dealings by PV or PVE.