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Re: rbtree post# 86062

Monday, 04/20/2015 8:34:54 PM

Monday, April 20, 2015 8:34:54 PM

Post# of 221942
How does a LLC do a reverse merger with a public company? I haven't ever seen it done and am hoping that participants on this forum can explain if it is even possible.

PV Enterprises International,Inc. (PVEC) changed its name to Drone Services USA, Inc. this month. The former IRO of PVEI (PVEC), Kerry Thacker, has confirmed that she filed the name change documents and a member of the BOD of Drone Services indicated that a reverse merger is in process being handled by Kerry.

In doing some early research on the new company, I found that it is a Limited Liability Company named Drone Services Hawaii, LLC.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112924637

Regarding the email that PVEC supposedly sent out to which you referred... It was a bizarre and lengthy rant about iHub, me and another poster. I'm not sure it was even sent by PVEI as this reverse merger was clearly in progress at that time. IMO, it was likely an attempt to engage shareholders of PVEC and perhaps make a private offering of shares in the RM company as their holdings will be decimated if the RM and RS occur as are apparently planned.

The corporation is not a clean shell however and if FINRA does the review it should, the corporate actions for a RM and RS are not guaranteed to occur.

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