Drone Services USA Inc. (DSUS)

[Cassandra]

If a press release claiming to be from a public company were issued without its authorization or knowledge, the company would respond IMMEDIATELY with a public detraction, explaining that it was a rogue release.

The company would also immediately contact the FBI and SEC for criminal and civil action to be taken against the perpetrator of a false and misleading press release supposedly issued by itself.

Since Peter now claims that a former CFO issued a false press release without his authorization or knowledge, why didn't he immediately issue a retraction? Why did this former CFO even have the ability to issue a PR without Peter's authorization as is now claimed?

Peter Villiotis is apparently also claiming that multiple press releases that turned out to be false and misleading were made without his knowledge or authorization, yet has never denied any press release immediately after it was issued. How does he claim these PRs were issued without his knowledge and authorization?

The PR claiming the Ocean Star Pacific had been approved and certified by DNV for seaworthiness (a certification not even offered by DNV) was issued a in July 2012, over a year and a half ago. The only retraction was made many days later as an incidental comment to another press release.

According to the transcript for the December 2013 private shareholder conference call, Kerry announced that PVEC would be filing corrective press releases regarding press releases that were disseminated without the company's consent. Yet no such corrective press releases have ever been issued.

When are these "corrective" press releases expected to be released?

We will be filing corrective press releases to clarify and correct disclosures that
were included in prior press releases. Several press releases were disseminated
without our prior consent. As a result, we have terminated our relationship with our
public relations firm. Ultimately, the contents of any press release are our
responsibility, and we accept responsibility for any misinformation. We have
adopted new guidelines for the release of future press releases, which include legal
review.

Conference call transcript: https://pveinternational.com/Documents/PVEC_CC_12_11_13.pdf

It seems that PVEC is concerned about regulatory action for numerous false and misleading press releases and other publicly-disseminated information and is trying to place the blame elsewhere.

PVEC shareholders should take note that all negative events are always blamed on outside parties who for some reason all have a supposed desire to specifically destroy the company and that Peter Villiotis always claims to be a victim of such nefarious parties.

Even the drop in share price is blamed on outside parties who supposedly short and manipulate the stock. The company NEVER acy acknowledges that its own obvious massive dilution over the last year is the real culprit for the decline in the share price.

Please don't be naive.