all day event problem

I’m having a problem with all day events displaying properly. I was under the assumption that all day events are specified by leaving the time value out.

Given the following ical data:

BEGIN:VEVENT
DTSTART;VALUE=DATE:20110704
LOCATION:United States
SUMMARY:Independence Day
UID:040000008200E00074C5B7101A82E00800000000000097745343CA010000000000000
 000100000003E0617FBB7ED2747B6806B2A2BA6D95C
DTEND;VALUE=DATE:20110704
DTSTAMP:20100721T210558Z
ORGANIZER:
END:VEVENT

The event displays correctly on the 4th of July.

However, if utc conversion (my timezone is US/Eastern) is set to true…

scheduler.config.server_utc = true;

the event spans two days - July 3-4. It appears that the scheduler is assuming the time to be 00:00 and then making the utc adjustment thus causing the multi-day span.

What is the correct way to indicate an all day event?

Problem was confirmed.
Fix will be provided in few days.