Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NaturalShrimp
Delgado is in another POS OTC stock, don't expect anything from him. South FL is full of them, they must all brainstorm in the same country club.
That is for sure.
It's funny how many pumpers come out during a run. There is no interest in an honest exchange of info in penny land. They should change this place to bagholdershub.com
Yeah, Max is the CEO of GDSI just like it said, not. How about the deal got botched and Sullivan's last ditch effort to make some money in life didn't pan out so he's gone.
Nobody got thrown out, he closed up shop. All you have now is Delgado and a ticker symbol. You can put your own value on that but I know what mine is and trips is too high.
Delgado is involved with another worthless OTC stock and this one is dead.
Trips here we come. It's sad and Sullivan could care less about the shareholders. What a shame.
Oh we're back on the retail value thing, that's not Frank's take. Plus I posted a link to the duty free store and the average cigar is not $20 retail. Either way, you don't know what Frank charged because $20 would include 50% profit for the retailer, freight, taxes and duties.
I read all the news and filings and don't recall seeing this $20 price you speak of. Please excuse my ignorance and post a link or give me a date of such a document that has that information.
The market is huge in China. Now ask yourself how much one man with no capital can influence that market.
Show me where they say it's $20
So you are making up the price per cigar. You went from $35 down to $20 but we all know it is much less than that. The list price of cigars sent to duty-free isn't even $20 retail in the United States.
If he really sent 5000 cigars they are no more than four dollars each.
Post numbers when you have some real facts.
$35 each? Where did you get that number?
Good post but nobody want to hear it.
Don't get sues by Frank that just means more shares on the street. lol
I think he has intentions to make a business just not the finances or staff to do it.
I've said this before that Frank was going to a large wholesale distributor in CA wine to China then ended up with one supposed retail store in the basement of a mall that nobody went to. A big difference.
Now, he's going to be large wholesale importer of tobacco leaf into China but again only has one supposed customer for cigars.
Did he say seminars and selling to expats or in this case diplomats? Hmmm, sounds familiar too.
Same story, always with China with no money or sales staff will yield same results. Question is can you get your quick flip in every now and again. The way I see it right now, way too many shares on the ask.
I'm not buying anything until I know how many shares are going to hit the street and how far down they'll let the share price go to get rid of them unless they are for toxic debt financing which is another problem.
Whatever the reason, how many and for what?
Unfortunately more shares and no sales makes for .0001 eventually. GDSI has no sales and no assets only pending lawsuits with Delke and PowerUP.
You have to wonder what he needs the shares for.
Does that mean they are paying a monthly retainer? Or they selected them in the event they are needed? There is a big difference and he uses the word retained.
You will see an increase in volume lots of new shares hitting the street soon
Drop some off here too.
National Croquet Club
700 Florida Mango Road
West Palm Beach, FL. 33406
This alone is worth watching the board.
Can you tell me what Sullivan has touched that is still a viable business today?
That's a lot of market unproven cigars for a single store. I would call BS but what's the sense.
It is a threat. Basically saying if you don't want to lose it all you better give us more shares to play with.
That is awesome, let's start a crowd funding program to take out radio and newspaper ads.
The contract and burden of proof only matters if there ever is a lawsuit which has not been stated yet.
GDSI already has two pending lawsuits they need to clear and pay for yet.
Will you like it when more shares are issued? I don't understand how a company with no sales has a market value of a million dollars. They have zero assets other than whatever little cash is left in the bank.
Only thing Sullivan is good at is getting peoples money. He has no track record of success.
If Sully held a con call that would be the best reality entertainment of the year.
GDSI went down to .0012 with 650M AS and now 2B? At least when it was .0012 they had NACSV, now they have no revenue. Just a hope and a dream.
That would be priceless
For a done deal there is nothing on the bid. You couldn't get rid of shares if you wanted to.
An attorney for the SEC.
PM me an email address, I'll send you the attorney's contact info you can call her and report back.
I can assure you the SEC was looking into either GDSI or myself. My phone didn't ring for no reason and a lot of questions about press releases.
I can't PM but send me one with an email address and I'll send you her contact info.
I bought right at .0012 before the announcement and run so always possible my timing was questionable. She did know a lot about GDSI history and PR's though including Scott Brown and all the appointments.
Doesn't GDSI need to complete the lawsuits with Delke and PowerUp before he starts a new one? LOL, this guy is a joke. He was fortunate enough to build something back in the boom days and even got kicked out of that.
I think we can officially say everything he has touched ended in a lawsuit. From his early days of Applied Digital to Argo to Airtronic to NACSV to PowerUp and now maybe Rontan.
If I was a VC, I wouldn't give any money to this fool. I don't ever see him taking credit for organic growth, he just buys company's with other peoples money.
If I recall correctly, that's the same reason we went from 450M to 650M
Thank you by the way for your informed posts
What does bulk mean? Do you know the capability of the factory Frank supposedly has interest in? I do. I not only know people that spend a lot of time in the cigar business in the DR but know people in the US with import licenses that know the players there. I checked, it's not a big farm so whatever you think Frank will be exporting, don't count on it.
Plus, there is a lot less profit in bulk tobacco than there is in rolled cigars. So, even if they shipped the excess leaf as bulk, would make it even less money.
Frank talked these poor farmers into giving up their business for shares of a crap stock, i feel sorry for them.
If you can finance a suit on the shareholders back, why not I guess.
Just found this on Joe Dagrosa, I bet this tells the story. He probably couldn't get investors lined up, he never had the money in his fund. This is talking about fundless sponsors.
PEI discovered another this month: General American Capital Partners.
The firm was founded by 20-year veteran Joe DaGrosa who told PEI: “Our model is pretty straightforward. Since we’re doing deal-by-deal, the advantage to the investors is they’re not paying management fees on undeployed capital.”
Unlike a blind pool, the fundless sponsor lays out each separate investment case to its limited partners, which DaGrosa argued paves way for greater transparency and discipline in finding and making good deals.
Don't say positive for Cathay say positive for Frank, it's a one man show. Hence the reason he will never put a dent in the market. He focuses on single stores with minimal sell through and a high account acquisition cost.