InvestorsHub Logo
icon url

RG

11/24/15 8:55 AM

#147188 RE: Cassandra #147186

Thanks and WOW, everything that could be done wrong was done wrong. This is going to be one dirty mess to sort out. I'm hoping they do a in-depth Investigation on the whole mess, and lay charges where and if required. This stock should be Halted ASAP. There unfortunately are some who are still buying this hoping to get a bounce, and those sometimes are buyers who do no DD, just jump in.
Everybody connected to this Company either directly or indirectly needs their involvement investigated. Those that did nothing wrong should not be concerned.
icon url

Cassandra

11/24/15 9:47 PM

#147215 RE: Cassandra #147186

Drone Services USA, Inc. (DSUS) website update:

DSUSA are no longer trading.

http://www.dsusa.co/

What??? Bad grammar and not true (at least not yet). They could at least give a link to their resignation letter as an explanation.

Screen shot:


icon url

EtoJ

11/30/15 7:31 PM

#147292 RE: Cassandra #147186

Best post ever.
icon url

B RY

12/06/15 9:35 PM

#147393 RE: Cassandra #147186

Cassandra's "Full text (DSUS)resignation letter" should be sticky!!!
icon url

Cassandra

12/15/15 2:43 AM

#147434 RE: Cassandra #147186

DSUS - Official "Caveat Emptor" warning from OTC Markets as of 12/12/15. I'm surprised it took them so long given the numerous disclosures of fraud and in the Shareholder letter issued by the former BOD when they resigned, including that the company had received a Wells Notice from the SEC regarding an active investigation and intended enforcement action.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118714655



OTC Markets Group Inc. (“OTC Markets”) has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) for one of the following reasons:

* Promotion/Spam without Adequate Current Information — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public. OTC Markets believes adequate current information must be publicly available during any period when a security is the subject of ongoing promotional activities having the effect of encouraging trading of the issuer's securities. At such instances, as a matter of policy, when adequate current information is not made available, OTC Markets will label the security as "Caveat Emptor." Promotional activities may include spam email, unsolicited faxes or news releases, whether they are published by the issuer or a third party.

* Investigation of Fraud or Other Criminal Activities — There is an investigation of fraudulent or other criminal activity involving the company, its securities or insiders. When OTC Markets becomes aware of such investigation, the companies’ securities may be subject to Caveat Emptor.

* Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

* Undisclosed Corporate Actions — The security or issuer is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

* Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.

* Other Public Interest Concern — OTC Markets has determined that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.

OTC Markets will resume the display of this security’s quotes once adequate current information is made available by the issuer pursuant to the Alternative Reporting Standard or by the SEC Reporting Standard, and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use caution and due diligence in their investment decisions. Please read our Investor Protection page and OTC Markets Policy Regarding Caveat Emptor for more information.


http://www.otcmarkets.com/stock/DSUS/quote

BTW, is the (former) Drone Services USA "ProDropper" shown at 13 seconds into this Nationwide Insurance commercial?