Drone Services USA Inc. (DSUS)

[pitboss22]

"And there are those two huge problems with the Series B and Series C shares. These are HUGE issues for existing shareholders. One series (B) guarantees that Peter will always have a voting majority. The other series (C) guarantees that the company is over $3 million in debt from day one of the name change."

Actually, the debt attributable to the Series C shares is around $4 MILLION! They reported issuing 18,627,799 in their previous Annual Report. They CLAIM to have issued MORE since then and a number of people entitled to receive even more shares have yet to get them. Even if they issued no more, the total obligation would be almost $4 MILLION because of administrative cost involved in the payout (NOT that there EVER will be ANY PAYOUT, except perhaps to those who file lawsuits early).

Considering that as of the quarterly report just filed, the have a NEGATIVE CASH BALANCE! Yes, that's right, JOEL BREDOW reported a NEGATIVE BALANCE IN THE CASH ACCOUNT FOR THE LATEST QUARTER! RIDICULOUS!!!!

I M ROTFLMAO!!!!