Drone Services USA Inc. (DSUS)

[Cassandra]

Keep in mind that the PVEC "gift distribution" is not a "dividend" and was not scheduled through FINRA.

The shares being issued are preferred shares that are not publicly tradeable.

Most likely brokers have never seen such an unusual "gift distribution" and likely don't know how to interpret it.

Additionally the documentation regarding the terms of the Series C distribution is severely lacking.

The company doesn't seem to know what it is doing. Instead of amending its Articles of Incorporation, which specifies the authorized shares and the terms of its preferred shares, the company improperly amended its Bylaws. Even that improper amendment did not include the details and specifications of the Series C Preferred Stock.

Lastly, keep in mind that because the bogus IMAG Group (fka Red Red Tides) dividend was scheduled through FINRA, that all brokers confirmed it even though it was never ultimately delivered.

Peter Villiotis abused the FINRA Company Related Action Process to schedule that dividend, with a record date of 8/12/13 and a payment date of 8/13/13, even though he knew that it would not be distributed because the SEC had not approved the IMAG Group S-1 registration statement.