Drone Services USA Inc. (DSUS)

[Seaam]

PROPHETIC - true crystal ball

So what are the tax effects when the impaired assets of both the currently "Administratively Dissolved" Saenz Yachts, Inc, and PV Enterprises, Inc. are written off?

For a posting dated 16 months ago, Sept 2012, that posting is very prophetic as you pointed out...one would think something would have significantly changed?

as quoted from posting 2315, dated 9/8/2012

What business is this company in? No ship. No revenue. No charter. SAENZ yachts do not appear to be operational. Defense systems appear dormant. Phones are not anwsered when called. Half truth SEC announcements. There must be millions of dollars liablities from the ill-fated ship start-up if the true owners had to step in. Even the ship owner who paid crew unpaid wages could make a claim for breach of contract and reimbursement of expenses paid. I bet that the only value to this company will be a tax loss carry-forward if they are able to file a tax return for the losses this year from the discontinued operations of the cruise venture.

One can be assured that this company will receive IRS scrutiny, since operations are reported off-shore, significant independent contractor vrs employee tax liabilities (with personal liability extended to PVEC officers for failure to collect employee taxes), etc.

One can also be assured that this company will receive Florida Dept of Revenue scrutiny, since significant "intangible assets" have been reported on the most current FINRA financial statements.