PV Enterprises International Inc. Provides Corporate Update
October 30 2013 - 2:05PM
Marketwired
PV Enterprises International Inc. Provides Corporate Update
New Focus Strategy Into $36 Billion Ecotourism Market
FORT LAUDERDALE, FL--(Marketwired - Oct 30, 2013) - PV
Enterprises International Inc. (OTC Pink: VDSC), (the "Company"), a
global shipping management company, is pleased to provide
the following corporate update to its shareholders and the
investment community. This release includes information about the
company's new plans and announcement of enhanced corporate
strategy.
VDSC has been in shipping management services providing
consulting, construction, refurbishing, dry-docks and trading,
areas representing an approximately $6 billion market. The company
will now position itself to become a leader in specialty cruise
ecotourism; a $36 billion segment of a rapidly growing market.
"We are very excited about our new focus in a much larger market
with undiscovered areas, where our unique strengths can be
effectively utilized," says Mr. Peter Villiotis, CEO of VDSC.
"Consistent with our firm commitment to build a global integrated
global maritime services company, we have accomplished much over
the past year to develop our company. We established strategic
alliances with an array of maritime companies including agreements
for charters and logistics with a Fortune 100 company, a
development agreement for a Maritime Visual Communication Platform,
and the securing of $16.5 million in asset backed financing. During
the past fiscal year VDSC announced the signing of letters of
intent to acquire several companies. Unfortunately, these
acquisitions did not materialize in time due to unexpected erosion
in the company's share price that made the financing terms
unacceptable. We are now redoubling our efforts toward our new
specialty cruise ecotourism strategy and to position ourselves as a
global leader in this $36 billion emerging market segment," added
Mr. Villiotis.
According to The International Ecotourism Society, ecotourism
has been growing 3 times faster than the tourism industry as a
whole, exhibiting an average growth rate of 20% per annum. Within 5
years ecotourism is expected to reach a $473 billion per year
value, capturing over a quarter of the entire tourism market.
"Fusing both specialty cruises with ecotourism, utilizing
proprietary technology, brand promotion and adding new asset
revenues will enable us to become an industry leader. VDSC has
recognized the huge potential in specialty cruises coupled with
ecotourism. This relatively new, immature and inefficient segment
of this $36 billion market presents enormous potential. Furthermore
implementing an ecofriendly touch to specialty cruises has many
additional benefits including enhanced appeal, cost reductions and
high acceptability," stated Mr. Villiotis.
The company has unmatched industry expertise. Our CEO Peter
Villiotis, with over 25 years of experience is a veteran marine
designer, engineer and entrepreneur responsible for the building,
operations and maintenance of some of the world's largest cruise
vessels.
"VDSC is increasingly attracting professional and
entrepreneurial talent," says Mr. Villiotis. "This is a very
exciting time for the company; we are working tirelessly to grow
our business and become a leading player of specialty cruise
ecotourism," adds Mr. Peter Villiotis, CEO of PV Enterprises.
For further inquiries please contact ir@pvefl.com
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.
References: http://www.cruisemarketwatch.com/market-share/
http://mekongtourism.org/website/wp-content/uploads/downloads/2011/02/Fact-Sheet-Global-Ecotourism-IETS.pdf
PV Enterprises International Inc 1850 SE 17th Street Suite 305
Ft. Lauderdale, FL 33316 Tel : (954) 306-6242 ir@pvefl.com
www.pventerprisesinc.com