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                           ***Shareholders and individuals curious about GDSI: Got questions about GDSI? Contact CEO Bill Delgado at GDSI's new phone# +1 (561) 515-6198                                                                                                                                                                                                                                 




 

GLOBAL DIGITAL SOLUTIONS, INC.


777 South Flagler Dr., Ste. 800 West Tower, West Palm Beach, FL 33401


Telephone:  561-515-6198, Facsimile: 916-990-9172




Global Digital Solutions, Inc.'s (GDSI) Official Company Internet Webpage: www.gdsi.co

GDSI's FB Page: https://www.facebook.com/Global-Digital-Solutions-Inc-438625376477080/

GDSI's Listing on the OTC Markets Website: http://www.otcmarkets.com/stock/GDSI/quote


OTC Markets Status: Stop Sign; No Information; Delinquent SEC Reporting; Shell Risk



SEC Litigation/Admin. Action:  https://www.sec.gov/litigation/apdocuments/ap-3-18325.xml


 
Dec. 26, 2017 34-82404   Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934
Dec. 26, 2017 AP-5422   Order Scheduling Hearing and Designating Presiding Judge
Jan. 9, 2018 AP-5439   Order Directing the Parties to Hold an Initial Prehearing Conference
Jan. 10, 2018     Respondent's Answer
Jan. 31, 2018 AP-5559   Order Setting Briefing Schedule and Oral Argument
Feb. 15, 2018     Division's Motion For Summary Disposition, with Exhibit A and Exhibits 1-10, (first version)
Mar. 9, 2018     Respondent's Opposition to Division's Motion for an Order of Summary Disposition Against Respondent Global Digital Solutions, Inc., w/Ex. A
Mar. 19, 2018     Division's Reply in Support of an Order of Summary Disposition against Respondent Global Digital Solutions, Inc.
Apr. 11, 2018 AP-5681   Order for Supplemental Evidence and Briefing


 
                                          ***Shareholders and individuals curious about GDSI: Got questions about GDSI? Contact CEO Bill Delgado at GDSI's new phone# +1 (561) 515-6198          ---------------------------------------------------------------------------------------------------------------------------------  April 3, 2018  Just a quick update. We are awaiting confirmation of service in the Rontan legal matter. It is a very precise process and I am very happy with the work being done by BSF and their partners in Brazil. I am currently in New York with potential financiers for GDSI. I was alerted today when I landed that there was a rumor that I had stepped down. Obviously that is a fabrication. I am extremely focused and committed to the Company. Can’t wait to release more news as it becomes available. Thanks again.
 


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February 15, 2018 at 7:56am

I have identified a potential acquisition target in the access security area. The Company is located in North America and has unaudited numbers of approximately $4.85M. Their business is primarily
government related. This acquisition is in the very early and preliminary stage, with due diligence on-going at this time. I will keep everyone updated via FB, 8K, and/or Press Release.


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February 11, 2018 at 5:26pm

The team is beginning work on it's acquisition strategy. Ross Trevino and I will be attending an M&A conference on March 20-22, 2018 in Palm Beach, FL. As mentioned in my shareholder letter press release, we will be focusing on two areas: Infrastructure Technology and Cyber security.
The company has previously identified some candidates in the infrastructure area. I am working with an east coast fund on identifying targets in the cyber security area. Although none of these opportunities are imminent, we have to begin the process now due to their lengthy lead times.
I will be providing feedback from the San Francisco conference in early March.


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February 8, 2018

I was very happy to post today's 8K on Tuesday's court order in the Southern District of Florida concerning the time line for the Rontan litigation. The judge has laid out a very aggressive schedule. Our attorneys are very pleased. We will be going to mediation in about 5 1/2 weeks.
I will keep everyone posted on our progress. Be sure to stay tuned for updates on the SEC filing issue. We have a good handle on getting that put to bed. We will keep it trading!

Schedule for
Case No. 18-80106-Civ-Middlebrooks/Brannon (GDSI v Grupo Rontan Eletro Metalurgica et al) issued Feb. 5. 2018 by the U.S. District Court of Southern Florida:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12533544-6085-22701&type=sect&TabIndex=2&companyid=64485&ppu=%252fdefault.aspx%253fcik%253d1011662


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January 11, 2018

I will be attending Token Fest at the Palace of Fine Arts in San Francisco on March 15-16, 2018. I'm looking forward to delivering updates to shareholders. I also look forward to meeting any shareholders who may be attending.

 

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                        ***Shareholders and individuals curious about GDSI: Got questions about GDSI? Contact CEO Bill Delgado at GDSI's new phone# +1 (561) 515-6198



GDSI CEO William Delgado Issues Update to Shareholders


West Palm Beach, FL, February 6, 2018-- Global Digital Solutions, Inc. (OTC:GDSI), a company that is positioning itself as a leader in comprehensive security and technology solutions, issues the following update from its President and CEO William Delgado.  


Dear Fellow Shareholder,

After nineteen months of work, thousands of man hours, and a lot of money, we were able to provide an update through last week’s news concerning litigation pertaining to the acquisition of Rontan and a very important financing. These two steps are critical in the company regaining stability and the ability for a path forward. Due to the extremely complex and confidential nature of the legal issues, I have been unable to update everyone on these issues. In this shareholder update, I am going to focus on two items; 1.) Where we are now  2.) Where are we going?

Where are we now? Since May of 2016, two of our most significant achievements have been retaining the Boies Schiller Flexner law firm related to the Rontan litigation and the institutional financing. We are thrilled that BSF has seen the merits of our legal position. We have also been able to achieve an institutional financing which we announced last week. We have already received $300,000 and these funds are non-toxic, non-convertible and will never be convertible into equity.

Legal Work: I would like to add a few more words about the quality of the legal representation we have had over the past 19 months. Brinen and Associates has done an excellent job representing our company in several different lawsuits. We expect all of these lawsuits to be resolved favorably for GDSI shareholders. The Ramsay/Deckle/NACSV litigation has been settled and dismissed. The other two pending lawsuits by Hull and Lopez have been, in my opinion, trending in our favor. Please do your own due diligence as all of the filings related to these cases are on PACER. The quality of Brinen and Associates work has been vital to our survival as a company.

The ability of the two primary lawyers that will be representing us related to the Rontan litigation speaks for itself. The lead counsel in the lawsuit will be Carlos Sires. Mr. Sires is a partner at BSF working out of their Fort Lauderdale office. Mr. Sires specializes in commercial litigation, primarily complex commercial litigation with a nexus to Latin America, including Costa Rica, Mexico, Venezuala and the Dominican Republic. Mr. Sires has represented officers and directors in securities litigation. Mr. Sires has appeared in numerous Federal and State courts, Florida’s appellate courts, and in the First, Second, Third and Eleventh Circuits of Appeals.

William Isaacson will also be a part of our counsel in the Rontan lawsuit. Mr. Isaacson is a partner in the Washington DC office of BSF. Mr. Isaacson is a 2015 American Lawyer Litigator of the Year, a three-time winner of the American Lawyer Litigator of the Week and a Fellow of the American College of Trial Lawyers. Global Competition Review, the world’s leading antitrust and competition law journal and news service said this about Mr. Isaacson, “Arguably no antitrust lawyer in recent memory has had as much success for both plaintiffs and defendants as Boies Schiller partner Bill Isaacson.” In 2013, Mr. Isaacson was trial counsel in the first antitrust action against Chinese companies for cartel conduct related to products sold in the United States, winning a $162 million judgment, and an additional $33 million from settling defendants.

Liabilities and SEC Issues: During this time, we have also reduced past due liabilities by approximately $516,000. We have settled with the three remaining “Toxic” financing lenders and there will be no more conversions under those notes. As per the SEC actions, the initial action undertaken in August of 2016 has been settled and finalized on January 2, 2018 by the judge handling the case. I will be filing an 8K shortly. The Company currently has an outstanding balance due to the SEC of approximately $103,000. I am currently working on getting this fine and disgorgement penalty paid as soon as possible. In late December of 2017, the SEC also notified the Company it would be holding a hearing regarding the Company’s late filing issues. Our legal team has done a great job of communicating with the SEC regarding the filing of our financial statements. The Company, during this time, has been unable to let anyone outside of the Company, including the SEC, review any information regarding the Rontan lawsuit and the financing due to confidentiality reasons. We intend to notify the SEC in our filings of these events. The legal issue with Rontan has had a significant financial impact on the Company and our ability to file timely financials. The Company has completed a significant portion of the filing work internally, but we have not had the financial capability to pay our auditors. With our financing, we will start that external process immediately. We hope that the SEC will see the damage caused by this event and its impact on our filings.

Where are we going? The Company is currently negotiating a contract for one mobile command center utilizing our subsidiary NACSV. It should be noted that this contract is in the negotiation stage only. If the Company is able to procure the contract (Approximately $450,000), we will announce it in a separate press release and 8K.

After the filings are completed and our balance sheet is in order, I intend to move into two areas: Infrastructure Engineering Technology and Cybersecurity Technology. I believe that these two areas will provide the greatest long term value for the shareholders.  I want to stress that this is the plan moving forward. Any merger and acquisition targets will require additional financing and increased management support. I believe that our management and advisory teams, with the proper financing, can attract and enhance company(s) in these areas.

In closing, I want to thank the shareholders who have stood by me and the team during this incredibly difficult time. I hope that I can restore your faith in our ability to make GDSI successful.

Full text of the press release

 

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William J. Delgado, Chairman and Chief Executive Officer of GDSI, Issues Press Release Regarding new Institutional Financing

http://www.gdsi.co/page86.html

Global Digital Solutions Inc. Secures $1,200,000 in Financing from New York-based Institution

West Palm Beach, FL, February 2, 2018-- Global Digital Solutions, Inc. (OTC:GDSI), a company that is positioning itself as a leader in comprehensive security and technology solutions, has announced it has secured $1,200,000 in financing from a New York-based institution.   

The financing is non-dilutive, non-toxic and is not convertible and will never be convertible into any equity of the Company. The financing will be distributed in tranches based on pre-determined milestones as developed by the institution. The first $300,000 has been received and has been used to pay a portion of the Company’s previously announced liabilities and some legal expenses not associated with the Rontan lawsuit. Global Digital Solutions expects to be able to meet the next milestone within 90 days.

 

The New York-based institution has never invested in any micro-cap stock in their corporate history. The principals of the New York-based institution are leaders in their field and are well known as individuals that have been pioneers in building a particular industry here in the United States.

William J. Delgado, GDSI’s CEO, noted that “This financing is a validation by a well-respected New York-based institution of their confidence in our future plans. It is quite rare that a company of our size gets a non-dilutive, non-convertible infusion of capital but we were able to achieve this. As we announced just two days ago, we have engaged Boies Schiller Flexner LLP and initiated legal action against Grupo Rontan Electro Metalurgica, S.A. and principal shareholders, Joao Bolzan and Jose Bolzan.”

About Global Digital Solutions, Inc.

Global Digital Solutions is positioning itself as a leader in providing comprehensive security and technology solutions. On June 16, 2014, GDSI completed its acquisition of North American Custom Specialty Vehicles (NACSV), a leading builder of mobile command/communications and specialty vehicles for emergency management, first responders, national security, and law enforcement operations. For more information about GDSI, visit http://www.gdsi.co.

Forward Looking Statements

This press release contains “forward-looking statements.” The statements contained in this press release that are not purely historical are forward-looking statements. Forward-looking statements give the Company’s current expectations or forecasts of future events. Such statements are subject to risks and uncertainties that are often difficult to predict and beyond the Company’s control, and could cause the Company’s results to differ materially from those described. In some cases forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. These statements include statements regarding moving forward with executing the Company’s global growth strategy. The statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict. The Company is providing this information as of the date of this press release and does not undertake any obligation to update any forward looking statements contained in this press release as a result of new information, future events or otherwise, except as required by law.  We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved.  Important factors that could cause such differences include, but are not limited to the Risk Factors and other information set forth in the Company’s Annual Report on Form 10-K filed on March 30, 2015, and in our other filings with the U.S. Securities and Exchange Commission.

Contact:

William Delgado

561-515-6198

info@gdsi.co
 

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William J. Delgado, Chairman and Chief Executive Officer of GDSI, Issues Shareholder Letter Regarding Recent SEC Developments and Current Status of Previously-Announced Plans

http://www.gdsi.co/page57.html

PALM BEACH, FL / ACCESSWIRE / August 17, 2016

William J. Delgado, newly-named Chairman and Chief Executive Officer of Global Digital Solutions (OTC: GDSI) a company that is positioning itself as a leader in providing comprehensive security and technology solutions, today released a Shareholder Letter
announcing the filing of an 8-K regarding an SEC action against the Company and two of its former officers and directors. In addition, the letter provides updated information on previously-communicated issues and initiatives. The text of the letter follows:

August 16, 2016

RE: Letter to Shareholders

Dear Fellow Shareholder,

As you may know, The Company filed an 8-K on Tuesday, August 16, 2016 outlining a civil action being brought by the SEC against the Company and two of its former officers and directors. The Company has retained legal counsel to evaluate the complaint and I will attempt
to keep the shareholders updated to the extent allowable by law. It should be noted that the Company’s liability extends only to the alleged acts of these former officers and directors as employees the company. No other personnel, employees or contractors are so named.

Since issuing the shareholder letter on May 15, 2016, Global Digital Solutions, Inc. (the “Company”) has been working on the priority items I set out in the letter.

(1) Cleaning up the Company’s balance sheet and becoming current with our public filings.

Status: We have made good progress on these items, but will not be able to give specifics until sometime in September.

(2) Reviewing our strategic alternatives, including our recent negotiations and agreements with our announced acquisition.

Status: The management team of myself, V.P. of Business Development, Ross Trevino, and advisory board member, Matt Kelly, have made substantial progress in this area. Unfortunately, we are unable to provide details at this time, both for legal and strategic
reasons
. I look forward to disclosing our information to you at the appropriate time. Rest assured our management team, including Chief Financial Officer, Jerry Gomolski, and Chief Technology Officer, Gary Gray, are working hard to get all of the work completed.

This summer has been one of the most challenging periods of my entire career. Please know there are significant financial and legal hurdles still in our path; we will be relying on our management experience and will require outside help, i.e. financing, in order to achieve our goals.

Your understanding and support 
is greatly appreciated.

Sincerely,

/s/ William J. Delgado

William J. Delgado, CEO

For more information about GDSI, visit http://www.gdsi.co.

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GDSI Acquires Brazil-Based Rontan Group

http://www.prnewswire.com/news-releases/global-digital-solutions-inc-gdsi-acquires-privately-held-rontan-group-of-brazil-300163506.html

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.]

 
                          ***Shareholders and individuals curious about GDSI: Got questions about GDSI? Contact CEO Bill Delgado at GDSI's new phone# +1 (561) 515-6198



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: Quarterly Report (10-q) 06/22/2018 05:01:02 PM
GDSI News: Quarterly Report (10-q) 06/22/2018 04:57:59 PM
GDSI News: Quarterly Report (10-q) 06/22/2018 04:52:20 PM
GDSI News: Annual Report (10-k) 06/18/2018 01:32:53 PM
GDSI News: Quarterly Report (10-q) 06/13/2018 05:05:29 PM
PlusOneCoin Top Posts
#40926   Loss is a loss still. With no source MrBlackLungs 06/12/18 04:05:16 PM
#40912   Well BFS/GDSI already secured a funding source for stockseekerok 06/12/18 12:59:34 PM
PostSubject
#40734  Sticky Note GDSI's new phone # +1 (561) 515-6198, wharfrat 05/24/18 04:43:49 PM
#40590  Sticky Note ".05-.31" ~ Depends on when one or wharfrat 03/06/18 09:17:55 AM
#41010   I think the GDSI SEC lawsuit is in singhinvestor16 06/23/18 11:41:52 AM
#41009   Only 1 K and 1 Q. 2018 2nd flight director 06/22/18 06:07:58 PM
#41008   Yup FD, just mentioned the same to SSO. TKane 06/22/18 06:04:53 PM
#41007   2017 10 Q's have been posted. By my flight director 06/22/18 05:57:40 PM
#41006   New ones are like the emperor's new clothes. TKane 06/22/18 05:52:19 PM
#41005   That's just standard boilerplate stuff. Doesn't mean much. TKane 06/22/18 05:27:45 PM
#41004   https://www.sec.gov/alj/aljorders/2018/ap-5830.pdf UNITED STATES OF AMERICA stockseekerok 06/22/18 05:22:58 PM
#41003   Well the stay must be for EOD going stockseekerok 06/22/18 05:19:05 PM
#41002   Direct quote from the Form 10-Q filed today. Yebache 06/22/18 05:18:08 PM
#41001   Agreed SSO, an extra month for filings helps. TKane 06/22/18 05:14:53 PM
#41000   Well the stay of the administrative action could stockseekerok 06/22/18 05:03:30 PM
#40999   Done SSO, see post# 40998. The temporary stay TKane 06/22/18 04:56:56 PM
#40998   SEC issues temporary stay on pending administrative proceedings TKane 06/22/18 04:55:30 PM
#40997   Got a link for that stockseekerok 06/22/18 04:52:19 PM
#40996   Judge Patil has just issued an order postponing flight director 06/22/18 04:51:24 PM
#40995   Nice close today! ShineOn86 06/22/18 04:41:35 PM
#40993   Agreed. Just waiting on the final order now TKane 06/22/18 09:30:36 AM
#40992   I have been following the SCOTUS case for uksausage 06/21/18 11:33:05 PM
#40991   The brief's probably with the judge or clerk. TKane 06/21/18 05:31:52 PM
#40990   Says IF division submits response by 6-15...far as hyperion 06/21/18 05:06:31 PM
#40989   My analysis of today's SCOTUS ruling leads me flight director 06/21/18 04:50:04 PM
#40988   Well none of the 2017 filings are done. stockseekerok 06/21/18 04:36:52 PM
#40987   Do you mean filings through March 31, 2018? TKane 06/21/18 04:32:04 PM
#40986   Hopefully GDSI will keep trading, however I am stockseekerok 06/21/18 04:23:26 PM
#40985   I was wondering if the date was by stockseekerok 06/21/18 04:22:17 PM
#40984   Division's brief probably sitting on the Judge's desk TKane 06/21/18 04:20:52 PM
#40983   I dont see that ?? where is that located stockseekerok 06/21/18 04:18:03 PM
#40982   dissent to sec's brief due 6/15 which, as hyperion 06/21/18 04:08:31 PM
#40981   Well the ruling may not be tomorrow, I stockseekerok 06/21/18 03:33:16 PM
#40980   "With GDSI the judge rules tomorrow I believe" TKane 06/21/18 03:29:50 PM
#40979   Well the article and ruling in topic here stockseekerok 06/21/18 03:21:14 PM
#40978   I agree with FD's posts 40972 and 40974 TKane 06/21/18 02:33:36 PM
#40977   FD, you're replying to comments made by uksausage. TKane 06/21/18 02:20:12 PM
#40976   Well, I agree with one on the former, TKane 06/21/18 02:10:18 PM
#40975   SCOTUS ruling may give GDSI another shot hyperion 06/21/18 02:10:17 PM
#40974   Not saying the ALJ was illegally appointed. The flight director 06/21/18 02:09:49 PM
#40973   Not correct. The article never says "illegally appointed", TKane 06/21/18 02:05:19 PM
#40972   The ultimate decision will be by the administrative flight director 06/21/18 02:03:42 PM
#40971   Nope. This is not a litigation per se, TKane 06/21/18 01:26:48 PM
#40970   My guess is that they hope to win flight director 06/21/18 01:26:01 PM
#40969  Restored and the judge was illegally appointed uksausage 06/21/18 01:07:42 PM
#40968   The SEC is a party to litigation in flight director 06/21/18 12:56:21 PM
#40967  Restored does this have any impact on GDSI? uksausage 06/21/18 12:03:30 PM
#40966   No, the SEC could issue its administrative order TKane 06/21/18 11:13:05 AM
#40965   Wasn’t there supposed to be some big piece Yebache 06/21/18 11:01:40 AM
#40963   My thoughts on the 10K are as follows. singhinvestor16 06/20/18 06:26:49 PM
#40961   What a helluva GDSI 10-K nut-roll cluster out. TKane 06/18/18 03:18:37 PM
#40960   Just added more :) Looking good ShineOn86 06/18/18 03:11:42 PM
#40959   Yep. 2016 10K is out. FB post says flight director 06/18/18 02:07:44 PM
#40958   The 10k is out yall Rudeboy415 06/18/18 02:04:17 PM
PostSubject