Drone Services USA Inc. (DSUS)

[Cassandra]

I never got my certs...anyone else?..elvis

Elvis, given that PVEC is offering only 20 million Series C shares with a ratio of 1 "C" share for every 175 PVEC common shares held, they will be distributing the "gift" shares to the holders of only 3.5 billion shares despite the fact that the company claimed to have an O/S of over 7 billion as of 3/31/14 in its QE 3/31/14 filing -- two weeks before the "gift distribution" record date of 4/15/14.

It seems clear that not everyone who supposedly qualifies to receive the "gift" will actually receive the shares.

Additionally, IMO, even those who receive a paper certificate will eventually find that they will prove to be worthless.

20 million shares time $.20 face value equals $4 million. Clearly, PVEC is not going to redeem these shares for cash as claimed in the 2/28/14 press release. The company is still claiming it needs more financing, including trying to sell more shares through a Reg A offering.

Just as the company changed the record date from 3/14/14 to 4/15/14 without any explanation, it is likely that the terms of redemption or conversion will be changed as well.

All of the terms regarding the issuance of the Series C preferred "gift" shares should have been a publicly accessible amendment to the Articles of Incorporation of PV Enterprises International, Inc. In the absence of a publicly accessible amendment, the company should have publicized the all of terms of Series C shares including all terms for redemption or conversion.