Replies to post #127437 on Drone Services USA Inc. (DSUS)

[Seaam]

"Supposedly the Ocean Star Pacific sold on 5/20/14, idk if really pertains to us"

If that is true, and I doubt it, and PV is not the buyer, .... Than major write-offs of over $4 million USD should
be recorded for the capitalized impaired assets . Thus equity will be reduced by at least $4 million by recording this loss from 2012.

PVEC still needs to write-off the impaired assets of the Saenz Yachts acquisition.

Between these two impaired assets,
Does this effectively bankrupt PVEC on the books? IMO, unquestionably YES.