WOW NEWS BUT WHAT THE
WOW NEWS BUT WHAT THE HELL?
http://www.otcmarkets.com/stock/DSUS/news/Com...?id=118778
Company To Release Internal Investigation FindingsNov 11, 2015
OTC Disclosure & News Service
Fenton, MI -
Company To Release Internal Investigation Findings
Report and Documentation Expected to be Complete in Coming Days
FENTON, MI, November 11, 2015 - Drone Services USA, Inc., (OTC Markets: DSUS), (the “Company”), is winding up its internal investigation discussed in the September 24, 2015 press release, within the next few days. As instructed, counsel and management reviewed disclosures and transactions which occurred when the members of the Board of Directors were first introduced to former management, and eventually appointed to the board. The discoveries from this limited period of time, led the BOD to broaden the scope of the investigation, in particular to money that was owed by the Company. Of important note, the Board has determined the last posted financials, are materially incorrect and should not be relied upon.
Initially, unknown individuals and companies began making demands for payment and when researched the BOD was told the Company absolutely did not owe any of this money. The BOD became increasingly concerned when these demands were further accompanied by documentation. Still, the denials held firm. Each of these demands contained information that was not disclosed to any of the current board members, when they were asked to serve. Management and the Board believe the information discovered is valid and should be disclosed as soon as practical. There can be no prediction on what decisions or demands creditors may make going forward, or what the ultimate effect to and disposition of the Company may be. The Company will continue to explore options to address these concerns and will endeavor to keep stakeholders advised. As a reminder, these findings are currently material, non-public information, as such there will be no information given over the phone, email, text, or any forms of social media/messaging, such as Facebook, Twitter, etc. The Company understands shareholders must have many unanswered questions. Nevertheless, due to the sensitive nature of the findings, shareholders will have to be patient until the information is released publically.
About Drone Services USA, Inc
Drone Services USA, Inc. ("DSUS"
is comprised in large part of United States military veterans, as well as some individuals in the UAV, Thermal Technology, and Information Tech
Drone Services USA Inc (DSUS) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Hong Kong Takes Center Stage in Global Commerce Flip through the economic landscape today, and you’ll spot Hong Kong, decked out in its best as a trade linchpin—with over 2,100 suppliers gathered under one roof. AsiaWorld-Expo is buzzing with the commencement of Phase I of the October 2026 Global Sources Hong Kong Shows. The theme's all about 'Connecting Global...
Continue Reading
Alright, if you're looking for a story that gives you those warm fuzzy feelings while wrapping you in a big sports hug, here it is. Imagine this: you've got basketball legends, world-class athletes, and a corporate heavyweight, all huddling up to make a community impact that's more than just warm air. Hoops, Hope, and High Fives The NBA Cares x Sands Cares Community...
Continue Reading
Mark Your Calendars: Global Launch June 2027 They're rolling out a red carpet for nostalgia here, I tell ya! At the New York Comic Con, BANDAI announced a worldwide launch for the NARUTO CARD GAME in June 2027. We'll see pre-built decks starring your favorite shinobi and a mad sprint to collect with the new booster packs. Feels sort of like they’re summoning a jutsu...
Continue Reading
Well, when Mother Nature decides to throw a tantrum, it takes seasoned hands and savvy tech to clean up the mess. That's exactly what Southern Company is doing after Hurricane Isaias wreaked havoc on the Southeast. With their electric utilities—Alabama Power, Georgia Power, and Mississippi Power—hitting the ground running, they've already restored power to a whopping...
Continue Reading
A New Chapter in LEGO's Story Well, well, what do we have here? LEGO's throwing down the gauntlet. For the first time, they're asking fans to merge two colossal universes: Star Wars and Marvel. Talk about a brains-and-bricks bonanza! Announced at New York Comic Con with some star power from Kevin Smith, this LEGO Ideas challenge opens doors for fan creativity that might...
Continue Reading
A Deeper Look Into AbbVie's Latest Data Let's cut straight to the science, folks. At the recent American College of Gastroenterology 2026 Annual Scientific Meeting, AbbVie pulled the curtain on 22 fresh scientific abstracts that are really shaking things up in the field of inflammatory bowel disease (IBD) treatment. Data from the Phase 3 AFFIRM study shined especially...
Continue Reading
First Impressions: Celltrion's Latest Revelation Alright, let's jump straight into it. Celltrion USA is flaunting its latest findings on ZYMFENTRA® (infliximab-dyyb) for Crohn's disease and ulcerative colitis right at the American College of Gastroenterology's (ACG) grand event in 2026. If you've been watching the healthcare sector, this is significant news. It's got all...
Continue Reading
AI in Endoscopy: Game-Changer or Gimmick? Stumbling across AnX Robotica's latest pitch about their NaviCam ProScan AI workflow, one can't help but feel a mix of curiosity and skepticism. With the stakes in medical tech sky-high, they've fired off some impressive stats that grab attention. We're talking about cutting small-bowel capsule review times by a whopping...
Continue Reading
A New Storm Brews Over Pacira's Sale to Viatris They say where there's smoke, there's fire, and it looks like Pacira BioSciences, Inc. (NASDAQ: PCRX) is running right into a bonfire thanks to their upcoming sale to Viatris Inc. On the face of it, shareholders are looking at a tidy $36.50 in cash per share, but not everyone's buying the deal as fair. Enter lawman Juan...
Continue Reading
Spotlight on Tegoprazan: A New Player on the GERD Field Sometimes, a pharma company turns heads with data that speaks for itself. This time, Sebela Pharmaceuticals is doing just that with Tegoprazan's phase 3 results, shining a light on an area overlooked for too long: non-erosive reflux disease (NERD). Showing promise in its latest trials, Tegoprazan is muscling into the...
Continue Reading
Top 5 Most Recently Viewed Articles
Anticipating Earnings for AGNC Investment AGNC Investment (NASDAQ: AGNC) is gearing up to announce its quarterly earnings. Investors are eager to know the company's financial health and future outlook. According to analysts, AGNC Investment is projected to report an earnings per share (EPS) of $0.51 for this quarter. This figure is critical for investors tracking the...
Continue Reading
Foraco International Reports Third Quarter 2024 Results Foraco International SA (TSX:FAR), a prominent player in the global drilling industry, has just released its financial performance for the third quarter of 2024. The Company reported a total revenue of US$77.7 million, a decline from the record US$95.1 million achieved in the same quarter last year. The current...
Continue Reading
Overview of Transparent Conductive Film Displays Transparent Conductive Film (TCF) Displays utilize a delicate, transparent conductive layer that supports touch functionality while preserving remarkable optical clarity. These films are pivotal in numerous applications, such as touchscreen displays, flexible electronics, OLEDs, and smart windows. They act as an electrode...
Continue Reading
Watsco Announces Substantial $3.00 Quarterly Dividend Payment Watsco, Inc. (NYSE: WSO) has recently declared a quarterly cash dividend of $3.00 per share on its Common and Class B common stock. The dividend is set to be paid on July 31 to shareholders recorded as of July 16. This payment underscores Watsco's long-standing commitment to returning value to its shareholders....
Continue Reading
Milliman Giving Fund’s Dedication to Global Health In a notable step toward enhancing global health and hygiene, Milliman, Inc., a well-respected consulting and actuarial firm, has launched a significant initiative through its Milliman Giving Fund. Recently, the organization granted a generous $750,000 to Splash International, committing this funding over the next three...
Continue Reading