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Hopefully, justice will be served up to ALL those who deserve it. I doubt the people who invested in this will see any restitution even though I think the CEO and BOD should be held accountable.
While I feel sorry for any innocent investor who lost money, no one can say there was no warning.
Most of these guys were military officers. I know from experience that two of our foremost tenets are Responsibility and Attention to Detail. Any officer who didn't pay attention to these tenets would not last long.
As an officer, you are ultimately responsible for everything in your purview, whether you are in direct control or not. Because of this responsibility, paying attention to detail becomes a top priority. A former officer would know everything that's going on in a company in which he held a position of responsibility.
Therefore, they MUST have known about the LIES being told to investors in their names. That they, as a group, were "innocent stooges" is unthinkable to field grade or above, past or present.
If this was a military situation, the least they would be charged with is Gross Negligence and Dereliction of Duty. Claiming stupidity or ignorance as a defense would ensure conviction.
Rice was not hired by accident. Nor was the delay between the mass resignation and today's announcement of them.
Officers do NOT command "by accident".
Probably Melissa Rice. I don't think anyone but a lawyer would want to touch this POS while it's still steaming.
These guys have LIED from day one! They KNEW they were LYING, it wasn't accidental and it wasn't all Kerry.
If someone is putting out PRs in my name, I'm damn well going to read them before they go out. That's just common sense. If someone puts out a PR without telling me, I'll read it and correct it as necessary. To claim ignorance of these things is ridiculous!
They are merely covering their asses. Trying to paint themselves in the best light possible. They resigned in order to try to distance themselves from the stink but THEY laid this TURD!
They are NOT that stupid as to be able to claim they didn't know what was going on. Heck, some of us knew from the get go with just a little skeptical DD. These guys are not idiots, how could they NOT know?
No, they are doing what I said they would. They are trying to protect their personal assets by extracting and distancing themselves from this TURD at the expense of shareholders.
Note the date on the resignations? November 13, today is November 18! That delay was intentional.
Who are "the bad guys"? The ones who warned this was a scam or the ones who perpetrated and supported it?
It's much simpler than that, Betty. Chronologically.....
1) DeadbeatS r US was there, using the office as their "Corporate Headquarters", its on lots of official documents.
2) An EVICTION NOTICE was served.
3) DeadbeatS r US moved out of the Florida "Corporate Headquarters" and into a RENTED MAILBOX AT GOIN' POSTAL!
Sorry to disappoint but here is PROOF that DeadbeatS r US was in POSESSION of the office.
Sorry, I gave you the wrong document number and date.
Check Document Number: 20140139957-01
Dated: 2/24/2014
An amendment to the certificate of incorporation filed with the secretary of state of the corporation's state of organization, Nevada.
Again, sorry for the mix-up. I was distracted.
FYI integral, Series C preferred shares HAVE been designated already and ARE an obligation.
From the latest report..... (there should be more I/O since then as they claimed to have issued more shares)
Series C preferred
20,000,000 Shares Authorized
18,627,799 Shares Issued and Outstanding
Recorded with NV SoS on 3/4/2014, Document Number: 20140162100-47
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d&CorpName=DRONE+SERVICES+USA%2c+INC.
Authorized and rights awarded by amendment to Company Bylaws on 2/18/2014.
Arthur and gitreal - While the supply of naïfs may be great indeed, the supply of CJTF stock being dumped on them is apparently greater still.
"This thing gets more and more ridiculous as the share price reaches 0.0001 and no-bid. It's one of the more comical pinksheet scams around....."
I think you hit on the reason the SEC hasn't shut this TURD down yet. Every time they look at it, they get to laughing so hard they can't finish the paperwork.
The good thing is that judging from the price slide despite the PR hype, they seem to have almost run out of naïfs.
Mining scams are just like all the other scams involving investments; they use the promise of big returns and deception to lure you in.
There’s a long and sordid history of mining investment scams. Mining Investment Scams have been able to flourish for so long because they appeal to the desire to get rich quick. In exchange for this promise, naïve people eagerly embrace situations that are obviously too good to be true.
Con artists usually begin their mining investment scams by forming a company, raising some capital through stock markets then situating the company, through acquiring claims, close to areas that have had previous legitimate mining successes, like California, Nevada or South Africa.
Once the mining claims and/or rights have been acquired, press releases are sent announcing the recent purchases and linking them to genuine mining operations in nearby locations.
The final piece involves more press releases touting the fantastic results. Surface samples are doctored along with the scientific information that went with them.
In today’s era of the internet, world wide web, and search engines, these tools are exploited to promote these mining schemes at little or no cost. Never rely solely on information in press releases or social media.
"Fraudulent statements everywhere with this new and improved PVEC sheep shearing factory."
Very true, of course. The only "fraudulent statement" that is still missing is their overdue Financial Statement.
It's doubtful one will ever be filed as they don't even have an accountant anymore. Apparently their truck driver/accountant had scruples and quit on them rather than risk jail time.
They've engaged Melissa K. Rice, an OTC PROHIBITED ATTORNEY, whose expertise is the sale of fraudulent stocks. I guess they didn't expect the scam to fall apart so quickly.
Sorry, but THEY (DSUS) WERE EVICTED!
--------------------
Evict - e·vict, ?'vikt/
verb
Remove (someone) from a property, especially with the support of the law.
--------------------
DeadbeatS r US occupied the property as their "Corporate Headquarters". According to evidence presented on this board, they were the ONLY occupants of the property. Villiotis WAS NOT EVEN THERE!
When the eviction notice was given, THEY MOVED OUT of the offices and into a RENTED MAILBOX AT GOIN' POSTAL (shown below).
They moved into the Florida offices from Nevada, "to be closer to their primary manufacturing facility", so they would not have moved out of those offices and into a RENTED MAILBOX on a whim, would they?
Hope that helps.....
Don't forget Melissa K. Rice. They'll need a lawyer who specializes in illegal stock sales.
I hope you know that those patents are pretty much worthless, as are most of the patents ever issued. If you look, there is even a patent issued to someone for using a laser pointer as a means of exercising a cat!
Many patents are unenforceable (like the cat exerciser), others are worthless because there is no demand for the item and still others a because there are better or cheaper alternatives.
Unfortunately, merely having a patent or trademark protection does not make a product valuable or even worthwhile.
Well, there's $4 MILLION due the Series C Preferred shareholders. One can assume from the fact that the company knew about that and wasn't worried, the actual NEW DEBT they have just discovered is SUBSTANTIALLY MORE!
They didn't exactly "inherit" it though because there was no actual "reverse merger". They simply renamed the company and changed the ticker symbol. In effect, DSUS IS PVEC.
If a person changes his name and nickname, his debts do not simply vanish. If one could make debts go away via name change, there would be a lot more name changing going on and a lot fewer bankruptcies declared.
Recap of recent events.....
From Cassandra -
"LOL How funny, they have already admitted the financials they filed were not to be relied upon."
Yes, those financials were CERTIFIED by CEO & President, Joel Bredow. Now they are, "NOT TO BE RELIED UPON". Just like Joel's statement that the June 30, 2015 financials would be on time. JUST ANOTHER LIE IN A STRING OF MANY!
This "life changing investment" has almost certainly changed investors lives for the worse.
The company wallows here in sub-penny land near it's ALL TIME LOW while the rats begin to leave the doomed ship.
They've never announced the sale of any drones. What they have announced, has been proven to be nothing but LIES!
The LIES, FAILURE TO FILE, HIRING OF RICE AND OTHER CRAP have led us to the current situation.
Melissa K. Rice was listed as an officer of the company until her background was pointed out. The company removed her name from the OTC profile in response but she is still there working at present.
"What's wrong with this company - can't they find an attorney that isn't banned?"
They didn't hire her because she was "banned". They hired her for he specialty, the promotion and illegal sale of stock to unwary investors.
Anyone that is perceived to pose a threat to that goal will be treated to the foul-mouthed abuse and threats that were reported.
"you can buy even cheaper in coming weeks"
I don't doubt that a bit.
I'm sure there's a reason they hired Melissa K. Rice, the OTC PROHIBITED attorney who specializes in the illegal sale of these scam stocks.
There should be PLENTY of opportunities to average down each week until it's suspended or whatever. A LOT of CYA going on lately. That raises several BIG RED FLAGS!
ROTFLMAO!!!!
I wonder what it was YESTERDAY, when MORE THAN 290 MILLION were dumped?
Hasn't happened yet and won't happen; ever.
Electromagnetic holding devices are neither new nor revolutionary. Sorry.
"time to get out of the low .0002s soon."
...And into the low .0001s and then the low NO BIDs!
Freddy has LIED so much and so often that his "updates" are met with nothing but GALES OF LAUGHTER!
"Their website and emails were hacked and that is stellar? LOL"
I'm not so sure that actually happened. That story seems to have been made up by Melissa K. Rice, lawyer specializing in stock scams.
Someone probably brought charges against them for harassment and making threats so they are using the tired, old, "We wuz HACKED!" defense.
I certainly do see a lot of RED on my Time and Sales, alright!
I wouldn't say it's on fire though. Burning DOWN, maybe.
03/30/2015 Frances Baker debt conversions Reg D/Sec4(2) 340,000,000 Free Trading
03/30/2015 Whydah debt conversions Reg D Sec4(2) 230,000,000 Free Trading
03/3012015 Kerry Thacker Services Reg D Sec4(2) 441,484,950 Free Trading
I'm afraid it's going to get A LOT CHEAPER..... a WHOLE LOT! If the CEO and BOD manage to extricate themselves from this "tar baby", what will be left? There are NO assets, only insurmountable DEBT!
The only thing they have now is "the STORY" and if they go, it goes too.
"No telling why she was even brought on in the first place."
My guess is that she was brought on to advise them on the best way to dump their stock and extricate themselves from this "tar baby" without taking a complete loss.
The last couple of PRs seem to have been written by her as CYA measures to shift the focus of the blame away from themselves and onto unnamed persons.
When I first became aware of this stock, I thought that the CEO and BOD were probably just stooges being used as a front for PV's scheme. Since then, I have come to conclude that they are not merely being used as stooges but have been complicit in this scam.
While some may not have actively taken part in the scheme, they did nothing to warn innocent investors until now. This last PR was probably the strongest and only warning they will give but it was mostly a CYA disclaimer like the, "We Wuz Hacked" PR.
They may not have been "calling the shots", but they were nonetheless complicit and are responsible. They would know what I mean.
From the writing, I suspect it was Melissa K. Rice again who wrote yesterday's PR. They removed her name from the OTC profile but she's probably still with them as there was no official announcement of her severance from the company.
Yesterday's PR?
Yesterday's was "signed" by the company
If it breaks through the weak support area around 0.0030 it could see trips zeroes quickly.
No, not shorts. Some investors have just figured out what's coming, that's all.
"Oh wow, and the filings cannot be relied upon? Oh wow, who filed those?"
Oh, look...
"Certified by: Joel Bredow, President & CEO"
Pretty hard to blame that on PV.
IM ROTFLMAO!!!!