Replies to post #79094 on Drone Services USA Inc. (DSUS)

[Seaam]

68,000,000 share were delivered as security to a Korean law firm representing the Expo, in conjunction with the charter advancement of $5,000,000.

My understanding is that Koreans did not want this security as they perceived it had no value and were worried about PVE's ability to perform.

They were more interested in assignment of a performance bond. Since PVE had no asset base, a performance bond could not be obtained.

In the absence of GAAP disclosure of a possible conversion of these 68,000,000 shares, I must assume they are still in some form of limbo.

Has anyone received any proxy, notice of Annual Shareholders meeting, or vote to ratify these major transactions as required in the Articles of Incorporation?

Of course, IMO only.

Going to bed, have a Good Night all.