Replies to post #128685 on Drone Services USA Inc. (DSUS)

[noobie107]

including but not limited to disclosing confidential company information

[Cassandra]

Who are the shareholders PVEC has identified as having participated in activities, directly or indirectly, publicly or privately, who supposedly caused harm to the company, its shareholders or share price who are not eligible for Series C preferred share distribution despite holding the stock on the record date?

How were these ineligible parties identified? Did Kerry or anyone at the company try to obtain message board IDs along with an investor's name and contact information?

What public or private, direct or indirect activities would be considered to have caused harm to the company, its shareholders or share price that would cause someone to be ineligible for the distribution?

What criteria does the company use to determine that someone has caused harm and should be excluded from the distribution? Could making just one post on a stock message board that PVEC considered negative make someone ineligible?

Disclosing confidential company information was stated as one of the things that could cause someone to be excluded. This criteria would seem to apply only to insiders so this criteria would not need to be mentioned to all shareholders.

Interestingly Kerry included me as a primary recipient (not just a cc) of an email addressed to others in the company regarding the termination of the contract with Business Travel Advisors (BTA) as well as the termination of an apparent BTA associate named Yamile who had been employed by Zeus Travel. Would Kerry's sharing of this information with an outsider like me make her ineligible for the Series C distribution?

FWIW, I believe that PVEC, under its Zeus Travel subsidiary, should have disclosed that it quickly terminated the agreement with BTA so that shareholders would be properly informed. However, it chose to keep it confidential. When I received Kerry's email I responded to her and all of her recipients asking why I was included with zero response. A month later I went public with the information as PVEC was not properly informing shareholders regarding the status of this terminated contract.

For the background of this message, iHub member "ahall" reported that the letter he received with his Series C certificate signed by CEO Peter Villiotis, contained the following statement:

Parties identified as having participated in activities, firectly or indirectly, whether publicly or privately, causing harm to the company, its shareholders or share price, including but not limited to disclosing confidential company information, are not "eligible" for Preferred C share distribution.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104287878

Nothing in any press release or company update has explained this exception to eligibility for shareholders who otherwise qualified by holding the stock on the record date. No criteria has been given regarding how the company would determine who is not eligible given the statement sent within the letter sent with the certificates.