SureTrader SureTrader
Home > Boards > US Listed > Computers - Software >

Global Digital Solutions (GDSI)

Add GDSI Price Alert      Hide Sticky   Hide Intro
Moderator: powerbattles, wharfrat, Ultimate Warrior, TKane, Wolfe64
Search This Board:
Last Post: 10/25/2016 12:44:16 AM - Followers: 286 - Board type: Free - Posts Today: 2


Hull v GDSI et al Complaint:,_INC_et_al


New Jersey District Court
Judge: Freda L Wolfson
Referred: Tonianne J Bongiovanni
Case #: 3:16-cv-05153
Nature of Suit 850 Other Statutes - Securities/Commodities/Exchange
Cause 15:78m(a) Securities Exchange Act
Case Filed: Aug 24, 2016 
Wednesday, August 24, 2016
4   Summons Issued Wed 2:14 PM 
SUMMONS ISSUED as to WILLIAM J. DELGADO, GLOBAL DIGITAL SOLUTIONS, INC., DAVID A. LOPPERT, ARTHUR F. NOTERMAN, RICHARD J. SULLIVAN, STEPHANIE C. SULLIVAN Attached is the official court Summons, please fill out Defendant and Plaintiff's attorney information and serve. Issued By *John Moller* (jem)
3   Summons - Request for Issue Wed 12:18 PM 
2   Corporate Disclosure Statement Wed 12:17 PM 
Corporate Disclosure Statement by JEFF HULL. (ROSEN, LAURENCE)
1   Complaint Wed 12:14 PM 
    Att: 1 PSLRA Certification,
    Att: 2 Civil Cover Sheet
    utility Add and Terminate Judges Wed 12:59 PM 
Judge Freda L. Wolfson and Magistrate Judge Tonianne J. Bongiovanni added. (jjc)




8/11/2016 - Case 9:16-cv-81413-XXXX Doc# 1 - Entered on FLSD Docket 

- Global Digital’s False and Misleading Press Releases And Subsequent Private- Placement Fundraising

- Global Digital’s False and Misleading SEC Regulatory Filings

- Global Digital’s False and Misleading Form 10-K

- Global Digital’s Misleading Website

- Aiding and Abetting Global Digital’s Violations


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


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 to the same company president, José Carlos Bolzan in 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 has been accomplished, leading to despair employees who have no other source of income in the family and depends solely on this job."

"The Union of Metalworkers of Tatura, achieved in August the blockade of 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 the loans discounted sheet are not being passed on to the trade and financial institution. The most aggravating, some employees are already arrest warrant 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 board of the Union of Metallurgical Tatuí has given all legal support to employees and former employees who filed a labor lawsuits work."

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. 


/s/ William J. Delgado 

William J. Delgado 
Chief Executive Officer 

GDSI Acquires Brazil-Based Rontan Group

PALM BEACH, Fla., Oct. 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 elect Rontan'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 ( 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

                                             All stock board posts are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.
Please keep your posts on topic because your message(s) will probably be deleted when:
* Posting any content that is off-topic to the stock, which is the subject of the board;
*Posting focused on Admins, Moderators, Users, or post deletions are also off-topic;
*Posting anything that is a Violation of Privacy (no stated consent) is also off-topic;

* Posting statements that are of no value to the stock discussion for board users; or
* When you violate any other posting term of the iHub User Agreement:


  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Current Price
Bid Ask Day's Range
GDSI News: Current Report Filing (8-k) 08/16/2016 10:40:34 AM
GDSI News: Current Report Filing (8-k) 06/01/2016 05:24:04 PM
GDSI News: Current Report Filing (8-k) 05/16/2016 05:51:42 PM
GDSI News: Proxy Statement - Notice of Shareholders Meeting (preliminary) (pre 14a) 04/28/2016 05:08:42 PM
#36472  Sticky Note BOARD WARNING - Please read: IH Admin [Shelly] 08/26/16 12:21:22 PM
#36292  Sticky Note Wednesday, August 24 2016 1:21 PM, EST EQUITY INTHEKNOW1 08/24/16 01:23:35 PM
#36247  Sticky Note GDSI vs European Company knownbrave 08/24/16 02:28:28 AM
#34337  Sticky Note William J. Delgado, Chairman and Chief Executive Officer powerbattles 05/17/16 02:32:10 PM
#37497   Glad to see some optimism around here Rudeboy415 10/25/16 12:44:16 AM
#37496   Yes it would. Vitamix8173 10/25/16 12:13:39 AM
#37495   Well we're all waiting but this time we hockeypond 10/24/16 10:13:22 PM
#37494   On the adverse side, it could be .0008 TKane 10/24/16 06:03:50 PM
#37493   Any idea how many shareholders are left? I hockeypond 10/24/16 05:54:57 PM
#37492   Barrence, this was what Delgado posted on FB. TKane 10/24/16 05:36:17 PM
#37489   Please advise as to the basis of your BARRENCE 10/24/16 05:02:57 PM
#37488   Please advise as to who or what your BARRENCE 10/24/16 04:56:27 PM
#37487   You are correct. BARRENCE 10/24/16 04:54:21 PM
#37486   Thanks for sharing that date with the board. TKane 10/24/16 04:49:15 PM
#37485   We all hope so to. We'll just have Hamocydal206 10/24/16 04:38:54 PM
#37484   Thank you. There are others also. TKane 10/24/16 04:32:40 PM
#37483   Yes we do PB... Longs will reap their paulpaint 10/24/16 04:21:46 PM
#37482   Sounds like a deplorable situation for old Rontan. TKane 10/24/16 04:12:59 PM
#37481   Awesome to know that you speak the language. Hamocydal206 10/24/16 03:35:32 PM
#37480   I agree wolf. Patience is virtue. Wait and Hamocydal206 10/24/16 03:32:51 PM
#37479   Skype group of disgruntled employees and one management MarkDaniels 10/24/16 03:32:14 PM
#37478   Too many dates have popped up on this Wolfe64 10/24/16 03:29:28 PM
#37477   Bill stated gdsi work part is complete. How Hamocydal206 10/24/16 03:24:32 PM
#37476   I am hearing that GDSI completed their paperwork MarkDaniels 10/24/16 03:23:02 PM
#37475   May I ask how do you know this? Hamocydal206 10/24/16 03:06:20 PM
#37474   Bolzan is under pressure to accept GDSI's offer. BenCharlie86 10/24/16 02:38:01 PM
#37472   WE STILL HAVE HOPE HERE. WE BET ALONG powerbattles 10/24/16 11:37:32 AM
#37471   Agreed. That is what makes this particular situation the Vitamix8173 10/24/16 10:03:52 AM
#37470   With all the SEC stuff he probably can't Wolfe64 10/24/16 08:45:45 AM
#37469   ...and a subdued Anniversary at that. TKane 10/24/16 08:31:20 AM
#37468   Likewise PB waiting and hoping for a positive LBYRD 10/24/16 07:28:27 AM
#37467   Look like we still in the waiting mode. powerbattles 10/24/16 12:47:16 AM
#37466   Thanks LBYRD. Ditto that. Vitamix8173 10/23/16 10:23:45 AM
#37465   I agree with all you have stated Vitamix8137. LBYRD 10/23/16 09:50:38 AM
#37464   Many thanks for your message. Vitamix8173 10/23/16 09:33:53 AM
#37463   Bill replied to me yesterday on FB that LBYRD 10/22/16 02:31:39 PM
#37461   Thank you for the information. BARRENCE 10/22/16 01:51:03 PM
#37460   A group of 60 employees of Rontan electrometallurgical stockseekerok 10/22/16 01:07:28 PM
#37459   I posted a message on Facebook yesterday, and Vitamix8173 10/22/16 11:39:48 AM
#37456   Waiting..and hopefully not for 'Godot'! wharfrat 10/21/16 11:06:18 AM
#37455   Lol hibernating and waiting I guess. JoshuaHarris 10/21/16 10:44:53 AM
#37454   Where is everybody ? BARRENCE 10/21/16 10:41:05 AM
#37453   No. The reason in that regard is simple. BARRENCE 10/19/16 08:51:45 PM
#37451   Well when you got me you got me. Wolfe64 10/19/16 08:10:23 PM
#37450   Dear Penny Stock Gods. How about some news TRIPIL7Z 10/19/16 07:35:02 PM
#37448   Many reasons are contained within the universe of BARRENCE 10/19/16 06:03:53 PM
#37445   Bill has been silent for a reason. Vitamix8173 10/19/16 11:22:09 AM
#37444   One of you Bill tweeters wanna remind him Wolfe64 10/19/16 10:13:05 AM
#37443   Happy Anniversary GDSI. Happy I sold some on Wolfe64 10/19/16 07:47:21 AM
#37441   Somehow I just do not find anything humorous BARRENCE 10/18/16 07:31:38 PM
#37440   Oct 19 so tomoro. it's been a GREAT Rudeboy415 10/18/16 07:17:35 PM
#37439   Your trying to argue sense of humor. Either MrBlackLungs 10/18/16 06:08:33 PM
#37438   The alleged fraud has yet to be proven. hyperion 10/18/16 04:07:05 PM
#37437   No. People who believe in fairy tales and DirtyPenny 10/18/16 03:43:52 PM