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The actual blame belongs with the company, Kerry, Villiotis, and their puppets and don't forget CMR and the Subcontractors.
THEY are the ones SNOOKERING investors!
I know the answers to that already. They have NO competitive advantage but then, SCAMS don't need one, they just need a story that will fool a few people.
Ask them what kind of Economic Moat they enjoy. Ask them what kind of Technological Moat they enjoy. Ask them what their competitive advantage is. Ask them if they even HAVE any.
Yup, the best way to get conned is to ask the con man. However, I'd ask the company what they think their competitive advantage is. THAT should be good for a laugh!
Certainly looking forward to it.
I'm beginning to think that Bredow, at a minimum, is in on it. He must have at least some inkling of what's going on. That's why I asked, "Joel CAN'T be THAT STUPID, can he?"
Lots of "CMR & Subcontractor repetition" around the net tonight alright.
Ahhh, but NO reverse merger was ever "approved" or "announced" by FINRA, only a reverse split and name/symbol change.
Check the FINRA Daily List for yourself.
Joel CAN'T be THAT STUPID, can he?
ROTFLMAO!!!!
Please show some FACTUAL EVIDENCE that Peter Villiotis no longer holds 1.8 Million Series B shares. I can show FACTUAL EVIDENCE that he DOES!
LOLOLOLOLOL!!!!
They've LIED about their "products".
They've LIED about their "production facilities".
They've LIED about their "offices".
They've LIED about the reason for "moving".
They've LIED about even more but I don't have time at the moment to keep going.
ROTFLMAO!!!!
So why would you expect them to shut down this one so soon?
If it's not expected, then the fact that they haven't yet is NOT any sort of proof of innocence.
The FACT that they LIE and MISREPRESENT themselves to investors among other things is a very good indication that they are just another scam.
Riiiiiiight, there's no such thing as a stock scam because FINRA and the SEC always catch them IMMEDIATELY! LOLOLOLOL!!!!
Can you name one that they stopped in the first year???
Thought not.
ROTFLMAO!!!!
Unfortunately for shareholders, the company's PROBLEMS are REAL! LOLOL!!
We can begin with the FACT of them LYING and MISREPRESENTING themselves to investors. Surest sign of a con artist. They always think they can lie and get away with it. The problem for them is there are too many people who won't swallow the LIES and are willing to stick around and point them out. Con men hate that.
They picked an industry in a fairly early stage but NOT early enough. There are too many established competitors in the space to interest any investors who do their homework.
I asked earlier in the week for anyone to provide a factual reason to think this company has any sort of competitive edge over the HUNDREDS of already established companies in the sector. There were NO factual answers forthcoming.
The challenge is still out there. Provide a FACTUAL reason to believe that DudS r US has any competitive advantage of the competition.
Bet that will go unanswered FOREVER!
ROTFLMAO!!!!
I think it's based on what he has to pay for scrap gold, melt it down into "bars" and sell it.
I can't help but wonder the same thing. They have SAID they are issuing shares to those who have not gotten them. Yet, that number NEVER GOES UP!
Was Kerry LYING AGAIN???
So much about this company has turned out to be nothing but LIES. Why would ANYONE want to invest in crap like that?
NO, WRONG AGAIN! The PR stated, "the Company and former CEO, Peter Villiotis, mutually agreed to terminate the consultancy agreement between the parties." LOL!
Peter is distancing himself from the company to protect his assets from potential shareholder lawsuits.
To show how "economical with the truth" this company is, they also said in that PR, "Additionally, the Company is pleased to announce it has completed the first step in relocating the Company headquarters from Fort Lauderdale, Florida to the Flint, Michigan, USA area."
What they DIDN'T SAY is that that "first step" was EVICTION for NON-PAYMENT OF RENT! LOLOLOLOLOLOL!!!!!
To top it off, the company is STILL on the hook for all the back rent AND ALL THE RENT DUE THROUGH THE LEASE END, EVEN THOUGH THEY ARE NO LONGER OCCUPYING THE OFFICE!!!!
AND.....THEY'VE STILL GOT THAT PESKY NEGATIVE CASH BALANCE! Yes, Bredow was pleased to report a NEGATIVE $15,000 BALANCE in the Cash Account!
I M ROTFLMAO!!!!
"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!!!!
Yes, it was about CM Research and CM Research works for the company. Any subcontractors CM Research pays "post on various sites" to fulfill their mandate, "The subcontractors will message in an effort to be repetitive and subliminal." Are also employees of the company through that relationship.
ROTFLMAO!!!!
He severed his "consultant" relationship to the company in order to avoid the "spotlight" and help protect his assets because of potential lawsuits against the company. By severing the overt ties and obfuscating his role, it makes it a little more difficult to enjoin him as a defendant.
He is STILL firmly in control through his Series B shares. Those shares give him COMPLETE CONTROL as he singlehandedly controls the shareholder vote.
I M ROTFLMAO!!!!
Yup, gitreal. The timeframe for all of that is the proverbial, "SOON". Of course we all know that "SOON" never comes.
If there had been a change of ownership of those shares, the proper forms would have been filed by now.
Sorry, but that is pure BULLSHIT! All of the documented evidence shows Peter Villiotis OWNS the Series B shares.
NO paperwork reflecting any change of ownership has been filed.
I M ROTFLMAO!!!!
As more and more investors begin to recognize that DudS r US has NO FUTURE, fewer and fewer are willing to take the gamble. It's only enjoyed the short term support because it's a relatively NEW story and many investors haven't done the DD necessary to realize that this company has NOTHING substantial to offer.
Eventually they will see that other companies offer so much more that DudS r US doom is certain.
"Support" is dwindling and it probably won't stay above a penny much longer. It will for the weekend at least.
Did you see the link for the LILY drone?
I knew they didn't actually have to have a "meeting" but I thought PV had to at least go through the motions. Thanks for that added information.
"A good product attracts plenty of private investment money."
TRUE! DudS r US has NO "good products" of its own. It is merely a reseller of OTHER PEOPLE'S products, just like HUNDREDS of others. They have NOTHING to give them a competitive advantage.
Look at their website compared to the one set up by LILY. If the DudS r US' rinky dink website is an example of their marketing skills, I'd be surprised if they sold ANYTHING, EVER! There are local Hobby Shops with better websites than DudS r US!
NO, DudS r US displays NO innovation, NO marketing skills, they have NO economic moat, NO technological moat, NO appreciable assets, heck, their Corporate office is a MAILBOX in a GOIN' POSTAL STORE after they got EVICTED from their previous office for NON-PAYMENT of rent!
All in all, this company is nothing more than a share selling scheme, and not a very good one at that.
One can hope, but there is the other half of the saying, "You can fool SOME of the people ALL of the time."
"DSUS does not manufacture drone or own any patents."
Agreed, Malc. All DudS r US is, is a reseller of other people's products, mostly CHINESE. They have NO competitive advantage over the HUNDREDS of others in the space. All they really are is a short term share selling scheme that will be gone, along with investor's money, in the not too distant future.
Even if DSUS were legit, this is the kind of competition that would kill them. Check out the "competition".....
https://www.lily.camera/
Check out the LILY website compared to the DudS r US website. They only have the one product at the moment but it's THEIRS, not merely a CHINESE KIT.
I think everyone is on to Joel by now. Have to be pretty dense otherwise. Unfortunately, at NO BID there's little in the way of options.
That's what happens when one puts their faith in someone like Lyin' Joel.
NO, #1 didn't happen, of course.
Neither did #2. It's his way of punishing anyone seeking to get out. He doesn't answer the phone or emails. He just wants them to pay to get the cert and get stuck with it as many brokers won't accept them for deposit or charge an arm and a leg. If he won't answer the phone or emails before one gets the cert, he's certainly not going to do it after, either.
The rest is the same old "carrot on a stick" crap that he's been putting out for years now. NONE of it EVER comes true. Most investors have wised up by now.
LOLOLOLOL!!!!
Guess who holds 1,800,000 Series B shares?
Guess which shares have voting rights of 20,000 votes per share.
ROTFLMAO!!!!
Villiotis is now the puppet master, pulling the strings from behind the scenes. His OVERT connection to the company has been severed, both to change the story and protect his assets, but his Series B shares guarantee he has complete control over the company's CEO and Directors and thus, over the company.
Yup, this is OK for short term trading. In the long run, it is doomed. Even if the company were legit, it doesn't have what it takes to be a successful public company.
It has NO competitive advantage. NO economic moat. NO technological moat. NO real assets. NOTHING a public company needs to become a long term success.
Thanks, you have a good evening and a great weekend too.
Good! There will be a chance to average down soon.
Sorry, PV doesn't need to have any other connection to the company than his Series B shares. NOTHING can be done against his wishes. He holds effective control over the company.
LOLOLOLOL!!!!
FACT - PV holds 1.8 Million Series B shares.
FACT - Each and every Series B share has 20,000 voting rights!
FACT - That translates to 36 BILLION VOTES!
FACT - All of the other stock only adds up to 50 million votes. Therefore, PV holds MORE THAN 99% OF THE VOTE!
FACT - "Special meetings" may be called at any time by holders of 20% of the vote. PV can call a special meeting any time.
FACT - Only a majority of the votes need be present, so PV can do anything, anytime without consulting anyone else.
FACT - Directors and/or Officers may be dismissed or elected by majority vote. ONLY PV controls a MAJORITY of the votes.
FACT - Because PV controls all votes, HE controls the company!
THOSE ARE THE FACTS!
LOLOLOLOL!!!!
No, PV is STILL in control as he holds 1.8 Million Series B Preferred shares which give him 36 BILLION votes. The CEO and the BOD serve at HIS pleasure. They will do as told, or else! He can vote them out, make changes to the company structure, pay himself special dividends, pretty much whatever he likes as he controls any and all votes!
LOLOLOLOL!!!!
Wow! So many "green days" and IT'S STILL DOWN 80% off its high after the RS and almost 50% off its post RS open.
What's up wit DAT?
"Flippers" don't often sell at a loss. They are content with small, short term gains rather than "swinging for the fences". They know that holding a stock like this long term is FINANCIAL DOOM! Any flipper sales today more than likely occurred on the Ask.
Hope that helps.....
"New folks running the show"???? Again, NO!
Villiotis is STILL firmly IN CHARGE by virtue of his Series B voting shares. With them, he controls 36 BILLION votes so the SOCK PUPPET CEO and the RUBBER STAMP BOD serve entirely at his pleasure!
I M ROTFLMAO!!!!
"Transparent"???? NO!
Where is the Share Purchase and Asset Sale Agreement that would precede any reverse merger? Investors have a right to know what they gave up and exactly what they are getting. Without it, investors are buying, "A PIG IN A POKE"!