Replies to post #52813 on Drone Services USA Inc. (DSUS)

[wilsoned]

alright thats what I thought. Never heard of the reverse split like you experienced. The way they stated it, sounds like a typical IPO so hopefully peter will be able to confirm

[deafcone]

That link says its a reverse split dividend. The PR for our dividend does not say that.

DC

[heat02]

Entirely different. Yes this will be like the Facebook IPO. New shares in new company here. Will not effect the price or shares of VDSC.

[Insidiou$]

Thay was of their own stock. Why are you even posting this. We are getting shares of a different company. It has no effect on VDSC shares or price. They did a reverse split dividend of their own stock not a spin off like VDSC.

The speculation on this board is getting terrible. The fact is thr dividend should of been announced through OTC when FINRA approved it. This is why there was so much speculation is because an official filing of scheduled dividend has yet to be released

VDSC

[1gumbi]

Might start a board there for a personal diary nobody would ever read it. Yikes that's what scares you about otc

[mc6102]

Regarding ex-dates and the post you wrote where you said: "Also I had a dividend just now with BWMG they called it a dividend but it was a reverse split"...

Ex-dividend date refers to the date a dividend is no longer transferable. The means that, in the case of a dividend, the price per share is adjusted on the ex-date with regard to the value of the dividend. It does not mean all divis come with R/S's.

I found it really hard to wrap my head around at first, why the R/S's ex-dates would always show under "Dividends" on the Daily List. However, given the explanation of an ex-dividend date, it eventually made sense to me.

(BUT: Let me make myself clear... there is no R/S slated for VDSC as far as any information I have seen, this is a dividend example!)

For instance, if a 10:1 R/S occurred, the pps would adjust to reflect the split the ex-dividend date. Price would be higher with a lower O/S (those who have traded for awhile are well familiar with those) Same goes for the big-board stocks: if they pay out a .40 per share cash divi, then the trading price opens 40 cents lower the next day because it comes out of company reserves, technically decreasing the value of the company (existing orders, unless specified, are adjusted as well). However, larger companies that pay good dividends usually absorb that decrease in the short term (even same day) because the ability to give a positive dividend insinuates strength and growth.

In VDSC's case however, the Spin-Off is unique. No one is quite sure of actual value right now, and they are doing an IPO to boot? Also, compared to other divis in this venue, while the spin-off is gaining value, VDSC is gaining value simultaneously with the cruise line they are about to launch, etc. etc.

To say the least, this is a very interesting stock!