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  OTC - PINK SHEET 
 

Global Digital Solutions, Inc.

777 South Flagler Drive, Suite 800 West Tower

West Palm Beach, FL 33401

Telephone:  561-515-6163

Facsimile: 916-990-9172

Internet: www.gdsi.co

 
 



Hull v Global Digital Solutions Inc et al (Class Action Lawsuit) - Case: 3:16-cv-05153

1/12/2017
-
 Motion on Hull v GDSI to be set before Magistrate Judge Tonianne Bongiovanni on Monday, 2/6/2017.

1/4/2017 - 
Lead Plaintiff to serve+file opposition papers by 6/5/2017; Defendants to serve+file reply by 6/26/2017.

Hull v GDSI et al Complaint: http://media.wix.com/ugd/a5f201_a81fab3882e647518d33f07053647f3a.pdf


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Securities and Exchange Commission v Global Digital Solutions Inc - Case 9:16-cv-81413

12/27/2016 - Order for Remedial Sanctions for David A. Loppert issued by the SEC effective Tuesday, 12/27/2016.

SEC Release Nos. 79698 and 3839, and File No. 3-17753: https://www.sec.gov/litigation/admin/2016/34-79698.pdf

SEC v Global Digital Solutions Complaint: https://www.sec.gov/litigation/complaints/2016/comp23618.pdf

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8/17/2016 - Federation of Metalworkers of São Paulo discusses Rontan, company sale, back pay, etc.

http://webcache.googleusercontent.com/search?q=cache:uKwNFiTbpGkJ:fedmetalsp.org.br/funcionarios-da-empresa-rontan-eletro-metalurgica-em-tatui-sp-decidem-por-acampar-na-porta-da-empresa/+&cd=1&hl=en&ct=clnk&gl=us

 

Company employees Rontan Electro Metallurgical in Tatuí - SP, decide for camping in the company's door

Company employees Rontan Electro Metallurgical in Tatuí - SP, decide for camping in the company's door

"More than seven months late in the basket, delays in salary salaries, non-compliance with the agreements signed in the Ministry of Labour for the payment of wages and delayed benefits, these are some of the problems Rontan company employees are facing since mid-2015 since the fall of project demands the company by the industry it serves. Company officials, repeatedly confirmed dates for the payment of salaries by the company president, José Carlos Bolzan, in an internal meeting with officials, he said on a specified date would leave the payment of wages, and more 1 bonus salary as compensation for the inconvenience caused to your employees. But none of this was accomplished, leading to despair employees who have no other source of income in the family and depends solely on this job. The Metalworkers Union of Tatuí achieved in August blockaded the company's plant assets to guarantee the rights of employees, which does not solve immediately, but in a future problem employees have guaranteed their rights from that court decision. At this time, company employees are camped at the door, waiting for a solution to the problem facing definitively, and as is not solved, they did not come out of the company's door. Currently, more than 600 employees are away without receiving their salaries and outstanding debt in local shops and banks in the city, since even their loans are not being ignored by the trade and financial institution. Most aggravating is that some employees have arrests warrant already for failure to pay child support. The company representatives say they are waiting for a bureaucratic decision for the release of labor salaries, since the company was sold to a European group, but to date no document was presented or disclosed the name of this group. The Metalworkers Union of Tatuí board has given all legal support to employees and former employees who and filed a labor lawsuit action"
 

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William J. Delgado, Chairman and Chief Executive Officer of Global Digital Solutions, Inc., Issues Shareholder Letter Regarding Changes in Executive Management, Near and Long Term Plans 

PALM BEACH, FL / ACCESSWIRE / May 16, 2016 / William J. Delgado, newly-named Chairman and Chief Executive Officer of Global Digital Solutions (GDSI) a company that is positioning itself as a leader in providing comprehensive security and technology solutions, released today a Shareholder Letter announcing the resignation
of the Company's Chairman and CEO and two members of the Company's board of directors. Delgado explained the Company's near-term plans to resolve certain debt items and complete, if possible, the announced acquisition of Brazilian firm, Rontan Group (Rontan Electrometalurgica, LTDA). The text of the letter follows: 


May 15, 2016 

RE: Letter to Shareholders 

Dear Fellow Shareholder 

As you know, on May 13, 2016 I accepted the resignations of Richard J. Sullivan as Chairman and CEO of Global Digital Solutions, Inc. along with the resignations of Stephanie C. Sullivan and Arthur F. Noterman as Directors of GDSI. Since May 1, 2012, Global Digital Solutions, Inc. (the "Company") has been focusing on acquisitions of defense and defense-related entities both in the United States and abroad. Unfortunately, even with a lot of hard work by the management and employees, we have not been successful in implementing the plan. I, along with a significant number of shareholders, have expressed dissatisfaction with our progress to date. I believe the Company needs to develop its strategy with a new CEO and BOD, therefore I have accepted the positions of CEO and Chairman of the Company - positions which I held up until August of 2013. Our first order of business will be to put our financial house in order. This includes our annual audit and all of our required filings. I am reviewing our payables and financial commitments with Jerry Gomolski, our CFO, and will be contacting our debt holders to review and commit to what is best for both our debt holders and the Company. Next, we will be raising capital to not only payoff the debt, but also to provide working capital for the company. I will be looking to debt financing for this and will not commit to any toxic financings, as unfortunately, we have done in the past. Along with that, we will be withdrawing our 14A shortly. Third, we will be reviewing our strategic alternatives, including our recent negotiations and agreements with Rontan in Brazil. Our management team feels strongly that we have a strong and valid agreement and will continue to pursue all avenues to find a way to complete the transaction per the terms and conditions previously disclosed in the Share Purchase and Sale Agreement of October, 2015. We are also developing several other strategic initiatives which we hope to announce when complete. We want our disclosures to be fair to the investing public and to meet all regulatory guidelines. I want to thank all of the shareholders for their support during this time and I look forward to great success in the very near future. 

Sincerely, 

/s/ William J. Delgado 

William J. Delgado 
Chief Executive Officer 


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GDSI Acquires Brazil-Based Rontan Group

PALM BEACH, Fla., October 21, 2015 (PRNewswire)

Global Digital Solutions, Inc. today announced that it has acquired the Rontan Group ("Rontan"), headquartered in Sao Paulo state, Brazil.  

At an upcoming special meeting, GDSI's board of directors is expected to electRontan's
CEO, Edigimar A. Maximiliano Jr., Chief Executive Officer of GDSI.

According to a GDSI spokesman, "This exciting transaction represents a significant step forward for GDSI," said Richard J. Sullivan, expected to be named non-executive Chairman of GDSI.

"Rontan's capabilities create enormous synergies with the specialty vehicles produced by North American Custom Specialty Vehicles (NACSV), GDSI's wholly-owned subsidiary." 

"We're especially delighted "Max" Maximilliano (Rontan's CEO, Edigimar A. Maximilliano) will serve as GDSI's CEO. Max is an extremely talented and experienced leader, and we're excited about welcoming Max and the entire Rontan
team to the growing GDSI family."

"This is a momentous milestone in Rontan's 45-year history," said Edigimar Maximilliano ("Max"), expected to be named GDSI's new CEO. The combination of Rontan and GDSI – with GDSI's experienced management team and board of directors will help us expand our capabilities while continuing to provide our worldwide customers with world-class products and services."

"I'm looking forward to leveraging Rontan's
extensive experience and international reach to enable the new GDSI team to seize the many profitable growth opportunities envisioned by GDSI's global strategy."

Refer to GDSI's October 19, 2015 SEC Form 8-K filing (gdsi.co) for more details about this transaction.




OTC - Pink Sheet


Transfer Agent
Name: Issuer Direct Corporation
Address 1: 500 Perimeter Park Drive
Address 2: Suite D
Address 3: Morrisville, NC 27560
Phone: 919-481-4000
Is the Transfer Agent registered under the Exchange Act?* YES.


GDSI Share Structure

Market Value: $190,738 a/o Sep 29, 2015
Authorized Shares: 650,000,000 a/o NOV 04, 2015
Outstanding Shares: 489,476,766 a/o NOV 04, 2015




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GDSI News: Current Report Filing (8-k) 08/16/2016 10:40:34 AM
PostSubject
#37760  Sticky Note In Lopperts offer to settle he admitted guilt stockseekerok 12/29/16 12:14:14 PM
#37675  Sticky Note News Imminent. Float Low. Chart Loaded. knownbrave 12/18/16 03:47:52 PM
#34337  Sticky Note William J. Delgado, Chairman and Chief Executive Officer powerbattles 05/17/16 02:32:10 PM
#38060   Maybe something in mid-Feb with GDSI's 10K? TKane 01/20/17 10:31:27 AM
#38059   I still think patience will pay. Again. I Wolfe64 01/20/17 08:23:55 AM
#38058   Ha we haven't known anything for 2 years. lol. Wolfe64 01/20/17 08:23:27 AM
#38056   Well those little private messages Delgado is sending stockseekerok 01/18/17 10:05:02 AM
#38055   Exactly SSO. Delgado himself warned against them. TKane 01/18/17 10:02:25 AM
#38054   Thank u Rudeboy415 01/18/17 09:54:42 AM
#38053   I havent heard any, that was a twitter stockseekerok 01/18/17 09:36:08 AM
#38052   Please detail convos you have recently heard Rudeboy415 01/18/17 09:33:58 AM
#38051   For someone who supposedly can not say anything stockseekerok 01/18/17 06:03:47 AM
#38050   This thing is like a damn fire sale. TKane 01/17/17 08:58:28 PM
#38049   someone who wants more shares. :) hyperion 01/17/17 07:20:34 PM
#38047   The same as when it went to .001 TKane 01/17/17 04:29:13 PM
#38046   Someone is always there supporting the bid when hockeypond 01/17/17 04:07:56 PM
#38045   Thank you for the information. TKane 01/17/17 03:10:00 PM
#38044   that's public information. You should do that hyperion 01/17/17 03:00:00 PM
#38043   Do you definitively know whether GDSI actually does BARRENCE 01/17/17 02:43:35 PM
#38042   Wolfe...Friday the 13th, SPSA was 15 months old. TKane 01/17/17 02:02:42 PM
#38041   seems ripe for a settlement with no admission hyperion 01/17/17 01:31:15 PM
#38040   Thank you for the information. TKane 01/17/17 12:44:02 PM
#38039   If an attorney did review the filings in BARRENCE 01/17/17 12:40:57 PM
#38038   Sounds incidental and frivolous. Attorney friends agree. hyperion 01/17/17 12:12:06 PM
#38037   Something could show before the end of this stockseekerok 01/17/17 09:21:42 AM
#38036   Come on lets something this week. lol Wolfe64 01/17/17 09:09:57 AM
#38034   Great summation. JoshuaHarris 01/16/17 10:10:13 AM
#38033   Wolfe-Yeah all indications are the Rontan deal is stockseekerok 01/15/17 05:15:31 AM
#38032   I believe the Rontan deal is dead but Wolfe64 01/14/17 09:22:54 PM
#38031   Why would GDSI even want to buy Rontan BARRENCE 01/14/17 04:35:06 PM
#38030   Yes it can move some on low volume, stockseekerok 01/14/17 04:03:36 PM
#38029   It moves on low volume as well. You do knownbrave 01/14/17 03:46:03 PM
#38028   The substance of the Dekle case against Sullivan BARRENCE 01/14/17 01:41:20 PM
#38026   While I agree some of the Biggest shareholders stockseekerok 01/14/17 07:54:46 AM
#38025   I think you are mistaken-- http://www.gdsi.co/nacs_vehicles.html stockseekerok 01/14/17 07:46:05 AM
#38024   Dekle case is incidental. Nacsv is only a Rudeboy415 01/13/17 10:39:37 PM
#38023   I studied all of the pleadings in the BARRENCE 01/13/17 09:05:10 PM
#38022   agreed, KB. Low volume of late indicates hyperion 01/13/17 07:34:28 PM
#38021   Sounds pretty frivolous or, worst case, a settlement hyperion 01/13/17 07:33:14 PM
#38020   You guys are in for a treat. :-) GLTA! knownbrave 01/13/17 06:57:47 PM
#38019   Sure. The one which immediately comes to mind is BARRENCE 01/13/17 04:38:14 PM
#38018   Thank you for your information regarding the SEC TKane 01/13/17 04:30:14 PM
#38017   GDSI will survive, I agree hyperion 01/13/17 03:48:17 PM
#38016   What is happening with GDSI is exactly what stockseekerok 01/13/17 09:41:25 AM
#38013   The management team of GDSI has been, and BARRENCE 01/12/17 09:12:10 PM
#38012   agreed, low volume selloff looks pathetic. hyperion 01/12/17 08:30:39 PM
#38011   Not looking to good, pretty pathetic and some hockeypond 01/12/17 04:31:03 PM
#38010   Make GDSI Great AGAIN! MGGA! Wolfe64 01/11/17 03:24:40 PM
#38007   That's my plan hockeypond 01/10/17 11:18:55 AM
#38005   Thanks SSO, it was something from last spring TKane 01/10/17 07:43:51 AM
#38004   hockeypond- Since you are already in it's likely stockseekerok 01/10/17 05:12:48 AM
#38003   GDSI Rontan deal was never a Reverse Triangle stockseekerok 01/10/17 05:06:15 AM
#38002   Thank you Barrence for your information. TKane 01/09/17 10:50:32 PM
PostSubject