Drone Services USA Inc. (DSUS)

[Cassandra]

FINRA processed the name change and reverse split and issued a new CUSIP, however I don't see a change in the symbol to DSUS as indicated in the press release issued by Drone Services USA, Inc. on it's website yesterday and on OTC Markets today (4/29/15).

Below is a screenshot of FIRNA's action. Perhaps my aging eyes are missing it. From what I see, the ticker symbol will remain PVEC with a "D" appended (PVECD) for 20 trading days due to the reverse slit. The "D" indicates new stock that will replace the old stock.

Typically when a symbol change accompanies a name change and/or RS, the new symbol is used immediately, with the D added for the first 20 trading days.

Please note that symbol changes are included in the named actions for other stocks but none is stated for PVEC (search the date of 4/28/15):

http://otce.finra.org/DailyList

The only symbol change I see is the temporary addition of the "D" to PVEC. When the D is removed, FINRA will show the change back to PVEC on the daily list.



Another corporate action request may need to be submitted to FINRA to change the symbol

Peter Villiotis did not change the symbol at the same time that he changed the name of the company, It remained VDSC for some time until he submitted an additional request.

FWIW, DSUS is the symbol used by a company named Lyxor DS Ust that trades on the London Stock Exchange. The symbol may not be available as a ticker for a US company.

http://ih.advfn.com/stock-market/london/DSUS/stock-price

Is this yet another of the numerous "glitches" that seem to affect this stock?