FORT LAUDERDALE, FL — (Marketwire) — 08/17/12 — Peter Villiotis, President and CEO, announces today the spin out of its Redtide division to shareholders of PV Enterprises International, Inc. (PINKSHEETS: VDSC), in the form of a stock dividend. The company has started the process of filing with the SEC an S-1 Regulatory Statement which must be completed before an effective record date can be announced.All Shareholders, both current and any new buyers of VDSC stock that hold VDSC shares on the