FORT LAUDERDALE, Fla.,
Nov. 14, 2013 /PRNewswire/ -- PV
Enterprises International Inc (OTC Pink: VDSC) today provided the
following message to our shareholders.
Peter Villiotis, CEO of PV Enterprises International,
(hereinafter referred to as "VDSC"), would like to inform
shareholders and interested parties alike that VDSC has executed a
contract with Tanke, Inc. (TNKE) for the purchase of propriety
technology for the regeneration of wastewater to sanitized,
drinkable water adapted by Mr. Villiotis to the maritime
industry. TNKE, a diversified holding company with a focus in
the development of environmental technologies, engaged Mr.
Villiotis, an engineer, by trade and formal education with a PhD in
engineering from Metsovion Polytechnico University in Athens, Greece with thirty-two years of
experience in the cruise line and commercial shipping industries
with an emphasis on energy conservation strategies, to convert
technology initially developed by TNKE for the hotel industry to
maritime applications. This technology, when implemented,
will reduce vessel fuel consumption, thus lowering operating costs
and mitigating the vessel's carbon footprint. Pictures of
this technology will be available on the corporate website later
this afternoon.
The $800,000 in revenue is in the
form of cash to VDSC and will be reflected in our Third Quarter
Financial Statement, which will be filed timely by the company on
Friday, November 15, 2013. This
cash infusion will greatly expedite the company's planned
acquisition of multiple vessels. Details of these
acquisitions will be announced in upcoming press releases scheduled
over the next few weeks. As each vessel is acquired by VDSC,
the corporate website will be updated with real-time GPS
positioning of the vessel so shareholders and interested parties
alike can monitor the vessels' repositioning.
VDSC would also like to remind the investment community of the
company's commitment to keep its shareholders apprised of the
myriad of material business transactions commensurate with the
finalization of aforesaid contracts that will enhance VDSC's
operations with the goal of generating revenue that will add to
shareholder value. Shareholders should expect another two
material event announcements in the coming week. VDSC is extremely
pleased with the progression with which these contracts are being
finalized, and believes the company is strategically positioned to
capitalize on the further evolution of its business plan.
Safe Harbor Statement
This press release contains
statements, which may constitute forward-looking statements within
the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Those statements include statements
regarding the intent, belief or current expectations of PV
Enterprises International, Inc., members of their management, and
assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements.
SOURCE PV Enterprises International Inc