Replies to post #132622 on Drone Services USA Inc. (DSUS)

[Cassandra]

Of even greater importance is that the corporation has a $4 million financial liability to a large number of PVEC shareholders for the Series C preferred shares which were processed through FINRA but never fully distributed and never redeemed.

The FINRA-processed spinoff dividend of IMAG Group (fka Red Tide Defense) shares that was never distributed is also an issue that hasn't been resolved.

The corporate shell is far from clean and the reverse merger, name change, etc. needs to be processed by FINRA as well as any reverse split, ticker and/or CUSIP change.

IMO, the corporation is a high-risk shell and this maneuver could bring new regulatory review of the lengthy history of fraud perpetrated since the RM with PV Enterprises.

Again, a competent and honest attorney needs to be involved -- especially for pre merger due diligence and FINRA requests for company actions.