4/29 news-PR Newswire FORT LAUDERDALE, FL, April 29, 2015
FORT LAUDERDALE, FL, April 29, 2015 /PRNewswire/ - Drone Services USA, Inc. (OTC: PVECD, the “Company”) is pleased to announce:
Through a FINRA approved reverse merger, PV Enterprises International, Inc. (PVEC) is now Drone Services USA, Inc. (PVECD), a leading provider of the latest, state-of-the art technology, “Made in the U.S.A.”, Unmanned Aerial Vehicle (UAV) Drones and related equipment. The Company, presently headquartered in Nevada, is completing its transition for headquarters in Ft. Lauderdale to be nearer its primary manufacturing facility presently located in Florida. “We are very excited about this merger and are very appreciative of the dedication and hard work of CM Research, LLC who were key in facilitating this action. We also extend our gratitude for the efficiency & friendliness of the agents at FINRA through this process.” Says Mike Elliott, Director of Compliance & Government Affairs.
Effective April 20, 2015, with its eleven member board of directors, Drone Services USA, Inc. announces the resignation of former company CEO & President Peter Villiotis. “Mr. Villiotis has provided an incredible service to the company and he has been great to work with through this transition period. Although we are sad to see Mr. Villiotis go, we appreciate and respect his desire to move forward with his ferry operations as a private company. We are looking forward to working with him in the near future as we continue our advancements, providing drones to the maritime industry.” Says Joel Bredow, President & CEO.
As part of the transition, the Company has effectuated a 1/260 reverse split of its common stock and will trade under the ticker symbol PVECD for twenty days when it will then trade under the symbol DSUS. No preferred shares have been affected by the split.MORE ABOUT DSUSA:
Using the highest quality materials and craftsmanship, our UAVs are unparalleled for use in mission critical applications such as: search & rescue, law enforcement, fire services, oil & gas pipelines, wildlife monitoring, anti-poaching and many other forms.
With the commercial drone market expected to reach nearly $5 billion by 2021, we are dedicated to capitalizing on this by setting the industry standard for components, pricing, training, support, repair, maintenance, operational excellence, return on investment, and innovation.
We are comprised of three subsidiaries and multiple partners:
Subsidiaries:
• Drone Services Hawaii, LLC.
• IR Distro, Inc.
• HoverShotsAPV, LLC.
Partners:
• North American Survival Systems
• Performance UAV
• Roveal Underwater RoboticsFrom Above RC
• Go Professional Cases
The Company represents more than 100 years combined U.S. military service and 75
years in the UAV industry.
On April 16, 2015, upon receipt of FAA Section 333 Exemption for small Unmanned
Aerial Systems (sUAS), authorizing commercial drone flight operations, HoverShotsAPV
became the first of our three subsidiaries under consideration to obtain this FAA
approval.
We are GSA approved vendors, possessing 3 CAGE Codes, allowing each of our
subsidiaries government contract bidding privileges, and are registered with Dunn and
Bradstreet.
Drone Services USA, Inc.’s flagship is the ProSearch-XLF, a Search & Rescue drone
with thermal imaging and are due to launch the ProCargo-XLF Summer 2015. With its
modified platform and advanced onboard integrated systems, ProCargo-XLF will provide
the capability to carry/fly and drop 18-25 pounds of payload, right on target, using an
ultra-dependable EPM magnetic system.
Summer 2015 we expect to release a thermal camera line boasting a proprietary
technological advancement that will be first in the industry.
We intend to update our shareholders on a regular basis through our website, press
releases, social media and 8K’s (when required).
Class "C" Preferred Shares Certificate holders of the former PVEC: Information
coming soon to the Investor Relations section of our site on how we intend to honor
these certificates.
More updates and exciting news to come!
See more by visiting: www.dsusa.us.
FORT LAUDERDALE, FL, April 29, 2015 /PRNewswire/ - Drone Services USA, Inc. (OTC: PVECD, the “Company”) is pleased to announce:
Through a FINRA approved reverse merger, PV Enterprises International, Inc. (PVEC) is now Drone Services USA, Inc. (PVECD), a leading provider of the latest, state-of-the art technology, “Made in the U.S.A.”, Unmanned Aerial Vehicle (UAV) Drones and related equipment. The Company, presently headquartered in Nevada, is completing its transition for headquarters in Ft. Lauderdale to be nearer its primary manufacturing facility presently located in Florida. “We are very excited about this merger and are very appreciative of the dedication and hard work of CM Research, LLC who were key in facilitating this action. We also extend our gratitude for the efficiency & friendliness of the agents at FINRA through this process.” Says Mike Elliott, Director of Compliance & Government Affairs.
Effective April 20, 2015, with its eleven member board of directors, Drone Services USA, Inc. announces the resignation of former company CEO & President Peter Villiotis. “Mr. Villiotis has provided an incredible service to the company and he has been great to work with through this transition period. Although we are sad to see Mr. Villiotis go, we appreciate and respect his desire to move forward with his ferry operations as a private company. We are looking forward to working with him in the near future as we continue our advancements, providing drones to the maritime industry.” Says Joel Bredow, President & CEO.
As part of the transition, the Company has effectuated a 1/260 reverse split of its common stock and will trade under the ticker symbol PVECD for twenty days when it will then trade under the symbol DSUS. No preferred shares have been affected by the split.MORE ABOUT DSUSA:
Using the highest quality materials and craftsmanship, our UAVs are unparalleled for use in mission critical applications such as: search & rescue, law enforcement, fire services, oil & gas pipelines, wildlife monitoring, anti-poaching and many other forms.
With the commercial drone market expected to reach nearly $5 billion by 2021, we are dedicated to capitalizing on this by setting the industry standard for components, pricing, training, support, repair, maintenance, operational excellence, return on investment, and innovation.
We are comprised of three subsidiaries and multiple partners:
Subsidiaries:
• Drone Services Hawaii, LLC.
• IR Distro, Inc.
• HoverShotsAPV, LLC.
Partners:
• North American Survival Systems
• Performance UAV
• Roveal Underwater RoboticsFrom Above RC
• Go Professional Cases
The Company represents more than 100 years combined U.S. military service and 75
years in the UAV industry.
On April 16, 2015, upon receipt of FAA Section 333 Exemption for small Unmanned
Aerial Systems (sUAS), authorizing commercial drone flight operations, HoverShotsAPV
became the first of our three subsidiaries under consideration to obtain this FAA
approval.
We are GSA approved vendors, possessing 3 CAGE Codes, allowing each of our
subsidiaries government contract bidding privileges, and are registered with Dunn and
Bradstreet.
Drone Services USA, Inc.’s flagship is the ProSearch-XLF, a Search & Rescue drone
with thermal imaging and are due to launch the ProCargo-XLF Summer 2015. With its
modified platform and advanced onboard integrated systems, ProCargo-XLF will provide
the capability to carry/fly and drop 18-25 pounds of payload, right on target, using an
ultra-dependable EPM magnetic system.
Summer 2015 we expect to release a thermal camera line boasting a proprietary
technological advancement that will be first in the industry.
We intend to update our shareholders on a regular basis through our website, press
releases, social media and 8K’s (when required).
Class "C" Preferred Shares Certificate holders of the former PVEC: Information
coming soon to the Investor Relations section of our site on how we intend to honor
these certificates.
More updates and exciting news to come!
See more by visiting: www.dsusa.us.
