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Perhaps this GHS litigation must be finalized before we can become current, once we’re current then we can hear about collections/business update.
Just trying to look thru rose colored glasses lol
Could this be bullish?
Good news… ball is moving forward and a new auditor was expected and telegraphed beforehand. Nice work Bill!
Grace period added... usually they will file at the last possible moment, which appears to be within the next 15 days.
Dude where’s my 10q?
Maybe Santa will come early this year and deliver an update… that would be nice!
I’m thankful for all the cheap shares available lately ;)
Could we see a real life green close today? Maybe ... i'm optimistic !!!
:)
Reversal!!!! Lets go boys! Turkey dinner en route, Courtesy of Bill's take down of the Bolzan bros.... oh yeah!
the document seeks to establish a tribunal that will identify all Rontan's assets across all these companies, and then establish a list of creditors. Perhaps GDSI is at the top of the list? Not sure how you pierce the corporate veil in Brazil, but this seems like a step in the right direction...
12m volume so far
Let’s go Impact0! Blood in the streets… now is a great time to be adding.
Volume is ramping ladies, time to buckle up.
I hope y’all been adding w a bimonthly 401k allocation lol
keep sending those buy orders amigo!
Lets go G, its time to wake up from a very long nap... This board needs to wake up too, very sleepy and negative. We've got this, Bill's got the bag secured. Parabellum is about to show us why they are the undisputed champs in litigation finance industry.
Time to Collect, BOLZANS!!!! Give us the bag already! Write the check wooohooo its gamtime!!!
I did notice the large increase in shares, however i'm not surprised in light of the S1 and the other convertible financing agreements in place. It also seemed like there was a reduction in some convertibles as well... although I'm struggling to decipher the 10q for full understanding on those items...
10q just published, i was hoping for a "subsequent events" section to have some meaningful info, but no luck!
Gracias… found it!
Rad! Where are you seeing this good sir?
10Q has been posted woo!
Looks like theres been a decent amount of conversion in 2023 per the 10k. That could be good news if most of that is now done. PPS should respond positively. We'll see what the 10Q has in store...
Wakey Wakey! Its time for big G to wake up and rise!
Just doing some more research on the Bolzan brothers, it appears Joao is president of this construction company. Another indication that there are more assets
JNK Empreendimentos e Incorporações
https://www2.jornalcruzeiro.com.br/materia/522880/em-ritmo-de-festa
Article from 2013
It’s all good… Bills got this under control. Bolzans are gonna have to play ball. Assets greater than the judgement amount have been identified and we’ve won the case. All you need to know.. see y’all in a few months !
Nt10k filed. The filing will be current on the 15th calendar date (April 15th?)
I don't think so, we'll probably get a nt-10k this week. Then probably the actual 10k will be filed before May (my guess). They're always a few weeks late. Last year's 10k noted that they intend to go after former directors/execs of the company for the SEC violations way back when...it hasn't been mentioned in any 10q since. Might be interesting to see if there is an update there...
Good point, I did not check the trade entries log. Hopefully it will be over shortly!! I'm expecting a 10k soon, i feel like we should get the NT10k this week or next, then in about a month, the actual 10k will be out. Hopefully an 8k is released on the S1 soon as well.
Buckle up! Almost go time here...
i hear you... definately wish we had more info than "a super great collections firm that specializes in brazilian matters" is on the case! That being said, the forward progress continues to be positive, albeit slow.
Keep in mind we get a 10k to be filed soon. Probably will be delayed till april or may, but we'll get something at least.
More waiting...ugh
tons of volume lately.... hmmm
I think it is a reward for GHS for supporting GDSI the past few years with many separate financings. GHS likely knows they have good chance at collecting. I'd imagine we will use proceeds to retire some of the debt/convertibles through other firms.
I found this link from a twitter post, interesting to say the least.
https://2022-sc-reports.s3.us-west-1.amazonaws.com/FREE+12-17-22+SilverChartist+Report.pdf?utm_content=13946286&utm_medium=Email&utm_name=Id&utm_source=Actionetics&utm_term=Email
The 10q is out! Same old same old with one exception:
"On November 8, 2022, The11th Circuit Court of Appeals has affirmed the lower court?s ruling awarding damages of approximately $195M from Grupo Rotan Electro Metalurgica, S.A., Joao Alberto Bozan and Carlos Bolzan.
The decision affirms the award to Global Digital Solutions Inc. for Specific Performance (Rights to Rontan Metalurgica and incidental damages of $192,448,000 and Interest and legal fees of approximately $2,552,000. "
There you have it, its real!
I hear you... I just don't think the market is "accurately" pricing the news just yet. And to HP regarding GDSI wanting the cash only, I also agree that is probably the better course of action. 192M plus Rontan's EV should be factored into the market's perception, which it is not (again in my opinion).
don't worry guys, everything is just getting started.... the stock will trade erratically for a bit.
Remember, Rontan's 2018 audit showed them with like 400m in revenue (IIRC). Apply a conservative multiple to that (4x) and you're looking at a 1BN company plus 192M judgement. Just my .02
Great news today and great close as well! Buckle up!
.0087 appears to be a key level on the monthly and weekly ichimoku. hopefully we can close out october above .0087!
I'm expecting my check once the judgement is collected... should be a large one!
Theres some volume!!!
Awesome!
Hola, Nothing yet on pacer... i will check again later this evening.
Several are saying hearing went well! Care to share more?! Thanks and GLTA
From Pacer:
09/28/2022 Oral argument held this date. Oral Argument presented by Dylan Bailey Howard for Appellants Grupo Rontan Electro Metalurgica, Joao Alberto Bolzan and Jose Carlos Bolzan and Carlos M. Sires for Appellee Global Digital Solutions, Inc.. [Entered: 09/28/2022 02:43 PM]
No transcript available at this time (5pm CST)