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How do you get a short squeeze with a bottomless float?
A decade ago I bought my first block of SNRS.. My very first penny trade...Within days it was no bid and soon after went Caveat Emptor after that... My 300$ gamble was considered a total loss, So Thank you to whoever took my 3 million shares
Maybe the latest pump and dump is over... maybe its just getting started... Either way.. Good Luck
Is this really turning into a possible RICO case? In connection with the conduct alleged in this Complaint, the Defendants, directly and indirectly, singly or in concert with others, made use of the means or instrumentalities of interstate commerce, the means and instruments of transportation and communication in interstate commerce, and the mails....
You can scrub and scrub but you can't get all the stink....
It was a good effort cutting and pasting the old directors information but seriously...
"As the CEO & President of Phoenix UAS, with his experience in the UAV world, a genuine understanding of customer demands and a drive to deliver, Mr. Bredow is to DSUSA what thermal imaging is to a Search & Rescue drone"
well crap, that makes sense too
what the "thank you" on the bottom?
dsusa.us shows the os has increased almost 20% to over 65m.. They silently increased the AS to 400m from 50m so it looks like there's plenty more to go.
Nothing changes here..i fully expect a big announcement about intent to procure an island in the bahamas for drone testing..financials contingent on government approval of a dual use port with primary function to promote ecotourism and cost covering ferry operations
nice...where in the world did you track this down
It very much comes back to intent. In the beginning, his intent seemed clear. Set up a shuttle service, use that to build a cruise business. He makes money, we all make money. With the experience he has over 30 years it seemed very doable.
Everyone anticipates bumps in the road but once the bumps hit, things went completely sideways. Almost every press release became more and more fanciful. 250 Million$ contract from go charts, multiple failed dividends, all used to sell and gift millions of shares. Every other week it seemed he was in Greece or traveling to set up deals that always fell apart.
He'd promise big news then go completely silent for months. Maybe his intent was completely benevolent but his actions were less than level.
He's gone!! Then he's not. What are the terms of the contract? How many shares is he receiving as payment? Is IR working for free now? What % of this company do the people running IR own?
The future is bright...for the companies that actually own relevant technology and focus on a market..
This is another great example of relevant technology that has nothing to do with this company
3% Plus ownership of a company for services rendered on a "clean" shell might seem like extraordinary IR pay..But what's a couple hundred million shares between friends?...
B E A utiful!!!
I think that made my day..
So fidelity trades through.. Crazy
The Preferred C certs were supposed to have the option of cash or stock payment.
If they plan to honor 20,000,000 Preferred certs and the stock price continues to hover around 2 cents. They could see as many as 200 million converted shares.
The current 400 million would leave them plenty of room to satisfy that without having cash on hand. That's all I was saying
So shares were sold naked?
And 400 million x 260 = 104 billion...
The company was forced to raise the AS from the original 50 million. The company website shows over 50 million currently accounted for that's why it was forced up. 400 million may or may not just be an arbitrary number, or it could represent the fulfillment of the C certs or any number of other things.
Most people, at least some?, are currently restricted from selling pre reverse split stock. If the AS was over the max before the split. Then all 50,001,992 were, at one point in the reverse split process, restricted from sale.
There would be a need to release a number of shares to keep the market moving.
Nev SOS has the amendment made april 29th. for the AS raise. It's the same day 100% of the pre reverse split shares should have been locked...But the stock still traded....
They could have used the same pen, without setting it down, to have raised the AS and release an undisclosed number of shares for sale. Every day since then, the company and the transfer agent could then say No we haven't added anything new...
Something had to have been added or there would have been 0 volume.
Someone...somewhere....Is selling or has sold post split shares that are diluting pre split shares....
They haven't "opened" anything.
"the Company is pleased to also announce that it has entered into an agreement with a manufacturing facility in Texas to assist in meeting anticipated increased demand of its manufacturing requirements."
They have an agreement for overflow if needed, they don't say anything about orders other then they think they might increase in the future. It's getting close to time that if legitimate contracts or orders exist, they'll need to disclose them to slow the pending Fire Sale
IR appears to be more interested in reading and rebutting negative internet posts then they seem to be about completing any follow up for the preferred C share emails they sent.
Has anyone received them since the latest pump started? There's little question shares have been released, people who held pre reverse split have been restricted from selling, so something has been added to the float. The AS and float were maxed at, if not over, 13 billion. So anything added to that, represents dilution for people who are bagholding through the reverse split. Even 5 million shares would represent the equivalent of 1.3 billion pre reverse split shares.
That's serious dilution in a situation where people are forced to hold and watch there money continue to trickle away...
I won't get jet money but If this gets pulled together i'd be happy to by you a beer next time you jet set through LA.. I'll happily eat the humble pie.
OK i can't help it...one last comment..This is exactly what i'm talking about. This PR is totally unclear how it adds value to the company. Acclimating dogs to drone noise, ok got it. Was this a weeklong volunteer thing or was it a paid contract?
Why include this quote"“This really does increase the chances of recovery greatly since thermal drones can search large areas fast and also access areas like swamps or rough terrain…places that typically a search dog cannot.”
Anyone could have been there with a hobby drone to simulate the noise. If you're providing something of value why not be painfully clear what you're value is. How does the thermal camera help in connecting the lost with the dogs. Can it make things more efficient or increase results. How? If it's either the dogs or the tech, not much point in training the dogs, but if they can play well together maybe you could even go so far as using the strobe to signal the dogs to thermal reading locations. That's value added and another market open..
Why not say that though...because then you can held accountable?
This way it's full of loops and easy outs, just play the disclaimer
Gramma's tea leaves such a bitter taste..lol
Proof...even the best of proof is subjective, but my experience over the last two years..That's provided me with a history of massive share increases, promised, yet undelivered dividends, even selective communication that continues today. These are both old and new administration issues. Mainly because the new Administration has elected to continue the ongoing Cert craziness..
Questions will undoubtedly be asked about current communication.
Since May 2014. I have been trying to collect the preferred shares. I have emailed, called, registered for websites, yet I had never received return communication. Until a few weeks ago when I received an email saying I was eligible and provide more information.
I emailed the company, attached my record of trades proving my legal entitlement. Provided address, other contact information and requested next steps communication to receive and cash certs. It would now appear that I've been deemed ineligible as I've been excluded from the most recent email communication. That's an assumption based on a lack of response for the company.
There was a systematic exclusion of people who had questions or whose position was perceived negatively by PVEC. It now seems the people responsible for PVEC communication are communicating on behalf on the DSUS.
Under PV we were promised multiple failed dividends, most news releases were consistently followed by multi billion share increases. Then just a couple days it'll be followed shortly by a...oops sorry it didn't quite work out the way we planned, PR.. 3 Words ...Redtide defense group
How many PR's have been released spinning ship leases and contracts and multi million dollar in-confirmable contracts that constantly fell apart just after a share increase and dump session. Ok ok old regime...
OK new regime..
Who's cashed certs and received cheques? Who can tell me what this company actually does?
Every few days comes a PR unrolling an entirely new subordinate company or negotiation. But what have they said. They've requested a press pass to DisneyWorld or other theme park. They haven't been given one. They've opened negotiations with someone but haven't closed anything with them yet. They have a 6.25 million$ contract but can't tell anyone from where. They talk about drone sales when the patents they hold are on 2 strobe lights. Strobe lights could very well end up as the bread and butter but it seems the focus is on actual drones to which they don't seem to have anything proprietary. Maybe the delivery system has patents but again it's an accessory. It's also outdated, amazons technology is so far superior and can deliver with a range 500% wider to a target that moves locations while in transit. Like they have with tracking and logistics support they will license and market that technology to military, professionals and hobbyists.
I can't say with any surety anyone is scamming anyone. I have this silly hope in humanity that intent is mainly benevolent while execution is what makes it catastrophic. I'd love to think peter could actually get built a multibillion dollar port in the Bahamas, I just don't think he has the resources, contacts or reputation to actually get it done. I don't either..
DSUS is starting off on the same foot, huge promises, mediocre delivery at best. Why try to make it seem like you're a big fish before you can even disclose anything. It's a different spin when you open the finances next quarter and find cash on hand from a completed "unnamed" contract. People sure will care if or when it doesn't show up on the next one though
Sorry MMA and everyone for the rant...I'll leave you again and hide on the sidelines
All I ever need to know was stated in the april 28th 2015 PR...
While stating his gratitude for PV's contributions to the company the new CEO added..
"We are looking forward to working with him in the near future as we continue our advancements, providing drones to the maritime industry.” Says Joel Bredow, President & CEO.
Thanks but no thanks.. I don't need anymore of those contribution especially not in the "near future"
Good luck and try not to fall in love, the koolaid in here may seem sweet but she's laced with something that'll leave a wicked hangover
It's only cutting edge for hobbyists. Amazon's patent pending delivery system is so far superior it can't even be considered in the same league. Preprogrammed destinations, in flight diversions connected through gps to your mobile device and ability to communication between UAV's. identify humans and even determine safe landing spots..
http://www.cnbc.com/id/102654076
How much of a teaser of things to come is it when the best you can come up with is "Drone Services USA, Inc. subsidiary HoverShotsAPV is pleased to announce that through its aggressive marketing campaign, the company is in discussions with a major theme park for inclusion on its pilot list for recording news segments and events." It took an aggressive marketing campaign to maybe get a press pass to Disneyworld!!
Dreams of grandeur sold for pennies a share, come and get em!!
I have no knowledge of that, but I also have no knowledge that the people they have posted on the website as BOD have any idea they're listed there themselves..I'm saying that something isn't what it appears at this point. Again I hope I'm wrong and they have a billion in the bank and this baby shoot to CMG status. It's the only hope I have at getting back any of the sheckles that went over to support the greek economy.
Have you spoken to Evan Ramsay director of R&D in Europe and asked him about his position? What do you know that the rest of us don't?
What are you seeing here that I'm not?
The old company is the new company, the old ceo is still here, even if it's transitionary. We have no way of determining when that transition ends or how. The new CEO volunteered to take on an addition 4+ million$ in cash dividend guarantees that he hasn't shown he has the cash to pay.
What's the difference. Someone slapped some lipstick on the pig put drone on the title and hoped they could get yet another round of life financing..
It's just so illogical that someone who stood "Side by side with the largest name in thermal technology, Mr. Bredow proudly and confidently provided an alternative option to what has presently dominated the thermal technology market, introducing his state-of-the-art product."
It's projected as an 8 billion$ industry this year and projected growth to 11 billion$ by 2024. Venture investors would happily help take this public once it was ready and really position them to capture a piece of the market.
He either has the contacts to make it happen or he doesn't
This is an excellent chance for people to get out while they still have a couple nickels to rub together. Its a game of share russian roulette, to hold this and hope they don't sell more shares into the float, is insane. You won't know where, and you don't know when, but you have to know a major league dump is coming..
If they had a plan that involved anything of real substance, they would have venture money lining up at the door and positioning themselves to take the company over @.02 a share. if this was a value price it would be flying off the shelf. This is going to sink fast once people have a chance to dump. it'll see sub penny before it see a dime
They wouldn't have to do a reverse if they had any cash to do a buy back. It's the same reason the cert shares will end up in the float because the bank account can't sustain what it would take.
Good luck.. simple warning for you, if you have a shot at getting out ahead..take it and run.
There's a share tsunami coming
The day I get my cheque clears from the certs that never showed up..
I'll be the first one to volunteer to get on my knees and pray to Saint Peter V
for forgiveness
Beware.. in my experience peter doesn't do many things properly
Are you really happy with taking a 1/260 shave? Over the last few years he's profited millions off the sale of shares. He's done everything he could spinning ever larger dreams of grandeur like the bahama's island port, a number of failed dividends and promised share value. What value did he bring you exactly? he sold the company to people who first day reverse you and then promised to flood the market with there paper.
I have a bridge i'd love you to take a look at. I'll let it go cheap. I'll give you a dead written on my letterhead and everything..
I think peter will quietly be brought on as a contractor and soon they'll announce that they're spinning off a 100% owned cruise line
If they can tell you over the phone or in an email, it needs to be public knowledge. If it's public knowledge one could assume there exists record of a contract somewhere. If that contract only exists in company hands they have to disclose it to the public before telling anyone of us in an email or over the phone. Are they a sub contractor where they may not appear on a contract directly with the government?
The share price will work itself out?..yeah..for them.. as they milk investors with promises of upgrading and making good on peters mess..
How does a CEO of a company that's brand new, trying to put its best foot forward, not know days, weeks, months in advance that you're going to be forced to raise the A/S.. They said 50 million, then they didn't know how many they would need..today 400 million. They'll need way more soon just to cover peter. Wasn't face value .20? and you could convert at that price? At .02 a share currently. You're A/S just exploded..
How is it not pertinent? They've tried this scam already and failed to deliver. Seems a little close for comfort that 2 years ago they tried and failed to spin off a publicly traded drone company. That company "had" government contracts and promised a share price of $1 a share.
Now a legit company spends good money to take over one of the dirtiest shells available? And the first thing they do is volunteer a $4+ million on a bogus dividend? Where's the cash? Then they won't publicly release who they "have" government contracts with?
Buyer beware!!!
This stinks like they had red tide change it's name or file a new clean llc. Then used that to flip positions with peter. They come to the front, pete sneaks off to greece.
Everyone can have there own opinion that's cool, but in mine..this pig stinks
Wasn't there supposed to be a div a couple years back that had to do with spinning off a drone company.
Was drone services ever named redtide?
This looks familiar..
GreenThumb Investor Member Level Thursday, 05/30/13 08:01:11 PM
Re: None
Post # of 133522
RED TIDE SPINOFF AND DIVIDENDS:
SEC S-1 Registration Statement for Red Tide Spin-off and Stock Dividend, filed January 24, 2013
Link to documentation: http://www.sec.gov/Archives/edgar/data/1567488/000107997413000032/imags1_1172013.htm
Link about Red Tides Defense:
Whats the Amgen connection?
The last words anyone should ever want to hear from this company are "share buyback" The last one they tried resulted in close to 11 billion shares hitting the market.. How could you "know" they're doing anything under the table without laws being broken? there's been so much misinformation and so many lies i don't think even pvec knows where it stands...
We have a ship..oh wait no we don't, but did I show you pictures of the boat we use to string people along...She's big and pretty and white and I think she even has a name...But sorry...no I can't prove I own or lease her... so many lies
Here's a gift to my longest and most faithful share holders...uh I can't find my shareholder list so most of you are going to be outa luck.. Uh finra..yeah finra messed everything up so we're going to have to wait to distribute the shares..
The latest rumor that Pvec somehow magically has a million dollars in the bank!! we've done amazing deals that we can't tell you about because you might mess them up... I have no cash to pay the gifted share distribution but I'm going to build a multi billion dollar bahamas port.. It's all smoke and mirrors.
All lies...If peter has a million dollars in the bank people better hurry and cash in the gift shares.
I would but mine have never shown up, people better strike while the iron is hot though or he'll have it spent and the double up button will be pushed on the AS as soon as the next news hits the wire
No information was even updated. it probably had more to do with the company check to otcmarket.com clearing, then actually updating any information. The AS and OS are months out of date. Might as well be made up numbers. It's double if not triple that 3.994 billion and completely maxed out no matter what the number is. Run don't walk away!!
This company has legs and are always looking out for the little guy!! They're so concerned about shareholders they decided just to hold onto our "gift" shares, maybe to make it easier for september. Whilst we wait to hear the Billion dollar master plan from behind the curtains of Oz, why not keep looking out for us socially too, print a few more common shares so we can make more friends. Always looking out for investors at PVEC
I'm sure he has all the intentions in the world to make this happen, but this is so much bigger and so much more involved then running an ecotourism charter or booking service. Its pure recycled fantasy, I feel like I've been reading the same 3900 acres press release for years. Nothing has been done, they can't even get envelopes in the mail properly, how in the world are they going to build some dream resort, port city. Ground will never be broken, this will never in a million years happen..
If the company had anything actually going for them (after all the previous PR debacles) they wouldn't have recycled another today
Last ones out turn off the lights
They seem to be pushing fox farms nutrients
Same, i've reached out a number of times and have never heard back. can't even get a confirmation email from the company website to sign up to read the secret messages. it's a dirty shell at this point
Re: texas talk talk talk….
I think we would all appreciate a posting of that "national conspiracy" letter that was sent to the judge.
Sounds like a fun and entertaining read..
I'm surprised it hasn't already been posted, it seems like it would be something worthy of a sticky, as current news…
All that said, there is a continued reference these articles?
http://articles.thehotpennystocks.com/pv-enterprises-international-inc-otcmktsvdsc-wipes-its-gains/
http://www.hotstocked.com/article/68262/pv-enterprises-international-inc-otcmkts-vdsc.html
1) They're 6 months old
2) They post the wrong (old) symbol (VDSC)
3) The same message is posted over and over and over and over and over and over and over and over
and passed off as new or relevant
At the end of the day if there's actually something in the quiver..post it
but please please please
#stopthebloodyspam