Friday, October 09, 2015 1:53:54 PM
It took less than 5 minutes to find this "seemingly arbitrary" change to a FYE of 6/30 which occurred 13 years ago to be consistent with the audited financial statements of Lifestyle Innovations -- a private company that did a reverse merger into the corporate shell. The change in FYE was properly disclosed via the above 8-K when the corporation was an SEC filer.
EDGAR filings:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000080327&type=&dateb=&owner=include&start=40&count=40
OTC Markets financial and disclosure reports:
http://www.otcmarkets.com/stock/DSUS/filings
Corporations don't "default" to a previous FYE after an official and properly reported change in FYE -- especially one that occurred many years ago. It's pretty obvious that the corporation currently named Drone Services USA, Inc. has fabricated an excuse as to why it hasn't filed its annual financial and disclosure report CEO Joel Bredow promised on 7/28/15 would be filed on time by 9/30/15.
The wording about "partnering" with the corporation is troubling. They have previously claimed there was a reverse merger even though there was no private company that merged in.
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