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Every year something better comes out. It’s the name of the game here and gamers will buy it. It’s a proven market that is increasing in volatility
They claimed a huge multimillion dollar deal to pump and dump. Remmington said they have never even heard of GDSI. There was never a deal and never even a conversation of a deal but GDSI had no problem misleading shareholders otherwise. Make no mistake, Bill was on the board and an executive decision was made to go forth with the pump and dump. There was no guess on this matter. It is public knowledge and why the SEC is still hound dogging GDSI and Bill. Sully may have been the liable one as the CEO but everyone there was involved.
Still haven’t caved yet =)
Still no plan in place. A lawsuit isn’t a business. Can’t ask for public approval until you have earned it
Intel leads the way in processors. AMD and NVDA lead the way in GPUs. An I7 8700k is usually paired with a 1080/ Ryzen GPU. Intel makes cheap GPUs for standard laptops but the real market here is custom built gaming rigs. AMD is taking a far more competitive edge with the 32 core threadripper and challenges the 1080ti. AMD is just getting started. Smart people ignore the charts and follow their gut. This sucker is going up. You can mark my words. I have 25k cash on it
I would have to say that the MTV is probably not of much importance. Doesn’t change my opinion of this company though. There are a lot of ostriches moving too quick here that will end up putting their head in the ground before too long
I would buy more shares at this price without hesitation. Charts on technology stocks have never been that important. More so on labor stocks. Tech is boom or bust, just have to pull the trigger and commit
That 32 core threadripper is game changing (hence the rise in PPS). NVDA’s market share comes from PC gaming but that 32 core is far more advanced for data mining. With the internet of things in our near future, data mining and GPU processors are only going to grow in demand. Eventually even your fridge will use a GPU =). Both NVDA and AMD will lead the charge. Both good investments
Just getting started. GPUs are in high demand. Anyone who says otherwise doesn’t know what they are talking about. This is the stock to own. Just look at NVDA
Too bad that isn’t how things work. Besides, what do you even mean by PP? Price point? If so that doesn’t even make sense.
It is quite literally in plain writing. 52m buying price is written in the SPSA. The break off fee is 15% of the buying price like it always is. You can’t just make up numbers and ask for more. It is a consistent matter for every case.
Besides, Rontan re-entering business does not equate to more profitability or net worth by any means. It could have just been a government buyout and they are still in just as bad of shape as before. In addition GDSI does not add value to Rontan at all. GDSI is worthless.
You can’t just make things up and expect people to believe it
They aren’t going to get 166m from them I promise you that. Only 7.5m and GDSI is only getting about 25% of that. Still not enough to cover up all those losses and debts they have occurred over the years. Bad business practices are still bad business practices. Still worth the wait?
763 dollars is considered high volume now. Dead money stock =(
Delgado 100% knew what was going down. Delgado doesn’t deserve a get out of jail free card here
BSF isn’t Bill. There always are leaches that feed off of other’s success. Bill hasn’t done anything to promote business or develops business as the CEO. He is leaching off of Rontan in a lawsuit and asking for way more money then they are worth. Rontan went bankrupt while GDSI was in the “talks”. He continues to take on heavy debt while he could sell Girl Scout cookies door to door and make more money then he currently is. All for what? Ever heard don’t put all your eggs into one basket. Well he is putting everything on the line for a lawsuit. If Bill bought Rontan he would be bankrupt just like them so really he just caught a break. If you are going to talk the talk, then you have to walk the walk
I bet history repeats itself. A bunch of hype will raise the stock up quick. Then people will dump when the deal flops and they realize that this company has no real plan, goals, or ideas to even have the hope of recovery. I mean, look at how much debt they have... That’s heavy
Uhh no... all we can do is see the numbers. There is always a story behind the numbers. Answers are not assumptions...
He has already commented on it plenty. A PR saying Rontan has been served is within the law. I can’t even find Brazilian articles on it. We were able to find tons of info when Rontan strikes were going down. You’d think the Bolzans being served would make headlines down there. Not everyone has the funds to sit around for years while be promised something “soon”. There still is a whole bunch of other “soons” that no one ever saw. How about that contract or a business plan? Not going to Tahoe to find out nothing is coming soon. No thank you
That’s what Sully is singing as he is skipping away with your hard earned money =)
The funny this is that mobile command centers are already a thing. It’s a very niche market and already saturated. 450k might make one mobile command center but that’s it.
A CEO has to have a vision. Bill has no vision. He is just a janitor. Create something new that consumers will want, not something existing in a niche market. Why does nobody question basic economics here? Competition will eat this pig alive
Those are the numbers of a not so great accomplishment. 3,000 in assets, over 3m in liabilities and 500,000 loss in GP. No business, no margins, and cash flow out. Pretty worthless company, better bank on the lawsuit =)
Sure seems like 100 million dollars would be generating more buzz than this =)...
Man, you don’t know how much I’d love to see that. That would make my day. Bill “the janitor” Delgado hard at work
That’s true but he is playing the janitor too much. I want to see revenue or a game plan. Not just waiting around for a lawsuit
Now those are the right questions. We know that they will receive the 1.2m segmented however that document that SSO provided showed that loan going directly to BSF. So either Bill or the document is lying...
It’s is funny how TKane pointed out that Bill sure is adding a lot of present day material to his 2015 10Ks. If you think about it, it is true. They are trying so hard to legitimize themselves as a real company through a lawsuit. It’s no secret that 2015- 2017 GDSI literally did nothing.
Bill isn’t creative enough to come up with the next big idea on his own. He relies on acquisitions and there sure isn’t a lot of info about his previous acquisition NACVS going under almost as soon and they were purchased by GDSI. I mean at one point they were at least profitable by themselves, now there isn’t even anyone there to pick up the phone. The most important question in investing is what’s next?...
LOL. Speaking of fake news, international law is international law. Now that you can call common sense =). And I agree, there are no damages outside of the break off fee from the SPSA =). One thing I have learned these last couple of years is that anyone who spouts fake news just wants to be heard =). It’s ok, I will give you a pat on the back and we can get along
I think you have it backwards. First off Rontan is obviously from Brazil and the Bolzan brother are from Brazil. It doesn’t matter if the court session is in the US, the contract follows the Brazilian law as it is a Brazilian company.
Secondly, no shares were ever exchanged so that point is invalid. The contract said that Rontan was to be purchased with 26m GDSI shares valued at $1. Rontan can’t damage GDSI’s price if Rontan was never given shares to begin with...
Third, nobody called BSF a small fish. In fact 1.2 million straight up for any case is a huge number so spare me your remarks.
Lastly, before you say I should do my research you should come at me with better points. Trust me, I have done the research. Restating what I say and then saying to do my research is quite ironic...
I doubt they see hundreds of millions in damages. I mean, other than breach of contract, there is no real damages. GDSI had nothing else invested in Rontan other than time. I think you underestimate how much money 1.2m is for a case. That alone is a lot. Plus, it was no secret that the Rontan employees were on strike for not being paid and the government stepped in and took control. Rontan was on the verge of bankruptcy which is why GDSI was even in the talks.
Asking for hundreds of millions when the buy price was only 52m is overkill. Plus it is a foreign lawsuit, being greedy is out of the picture. After all, if it was the other way around, then the US government and lawyers would give Brazil the middle finger and move on
NACP is North American Capital Partners. They were the ones who supposedly financed the Rontan deal but they went AWOL after the deal went south. Very common company name and hard to find any info on them tbh. That’s why I don’t think BSF cares. They are a whole other fish to fry
At the same time though, why would NACP testify against GDSI? That would only incriminate themselves too.
Nobody here wants to see anyone’s demise. Nobody also wants to see this get gray listed so that everyone’s money invested goes into limbo. Also you may call it negative, but there is a big difference between throwing crazy numbers out there like 166m lawsuit and not expecting others to call BS. There is a big difference between financial debt and a credit line. It’s only 52m buying price. No debate
It’s whatever haha. I’ve got thick skin. I mean it’s really not hard to go into the SPSA and see that it says 26m in credit and 26m in shares valued at $1 per share but it’s all good. Sully was a known con artist and Bill was on the board the whole time which makes him guilty by association. All that money by NACP just to go AWOL is sus AF but at this point it is a question on how is either side going to prove anything.
You know, GDSI probably would have ran Rontan so far in the dirt it would have been funny. I mean they can’t even maintain NACSV. Companies that generally go corporate fail without a strong backbone.
People will say some crazy stuff just to secure their investments. Me, I don’t really care. I would never bring another soul into this play. It’s plain and simple. It’s just not that good
https://www.sec.gov/litigation/apdocuments/3-18325-event-9.pdf
The deal isn’t even worth 200m. It was estimated at 52m (200m was the currency conversion). Let’s put fantasy aside and realize what facts we have.
You claimed earlier that the SPSA claimed a breakup fee of 15% (which is super high considering the average deal is 1-3%. It only goes up when the deal is less money... who would agree to stupid prices at a deal of that size?) what is 15% of 52m? Around 8m.
We know that BSF is to receive 43% of the proceedings on top of a 1.2m payment plan. The other line of credit is to receive 27%. That leaves GDSI with 30%. That’s only 2.4m and that’s also saying that you are telling the truth by saying 15%.
GDSI’s subsidiary NACVS hasn’t picked up the phone in years and GDSI isn’t producing any form of revenue.
The company supplying GDSI’s credit line went AWOL months after the deal went “south”. The SEC 100% has a valid case against GDSI if they cannot prove they secured the line of credit.
Bill is the CFO of another company so you know he isn’t motivated to go all out and turn GDSI around. He only gives half of his time and effort. Try and debate that. What winner only devotes themselves half the time? Bill has had years to turn this company around but all we have received are excuses. Not a single dollar has been made. Its kept alive my shareholders losing faith. The SEC knows this and the SEC is literally sitting there working to protect you and people still will argue otherwise. It’s not that hard to tell. Really
So you are saying that the SEC, the governments own highly regulated appointed lawyers, are going to lose this case to a first year dropout? Interesting
It is because it is going up so fast and hasn’t slowed yet. Plus, many analysts put a price target of 17 back when the price was around 10 so naturally many people are trying to sell 16.5ish.
As a trader, I sold my shares around 16.2. However, as an investor, the 32 core chip is insane and the reason I own over 1k shares
Problem is that BSF isn’t representing GDSI against the SEC. I doubt they care if GDSI get suspended or not. If the public ticker is suspended, they will just screw shareholders and throw proceedings into GDSI, LLC. Besides, they get their 1.2m straight up.
It is known that the SEC is out to gray list GDSI. So I wouldn’t bet on it. Bill has lied countless times to shareholders. It’s always a waiting game with him. He could always go and do something to make consistent money too, but he doesn’t...
Loss is a loss still. With no source of income, it is pretty safe to say that those numbers are pretty dang close. Regardless, Bill hasn’t made a single dime since he took over. A lawsuit isn’t a consistent source of income. Even a 15% breakoff fee of 53m is under 8m with only 30% going to GDSI. That’s only 2.67m respectably. Then losing the 1.2 from the loan.1.57m is minimal. I pull in 50x that a year and I’m a small businessman. Talk is just talk at this point. It’s time for Bill to put up or shut up
Problem is that it isn’t a 50 million judgement. Once again break off fees are 1-3% the purchase price of 53m. So take those same numbers but use 1.5m as the proceedings instead. Merely bread crumbs
Up 27% off a big sell and a small paint =). Volume has made this not even worth trading anymore
Yeah you can’t really say that there is misinformation when the other side uses research and history and you drop words like “hopefully and trust”. The lawyers are getting 1.2m win or lose. They don’t have to trust bill to know that there is a contract for them to build a case around. Even then, as we’ve learned, the proceedings negate 27.5% to the initial lender and 43% to BSF. GDSI gets 29.5% of 1-3% the buy price of 53m saying the SEC doesn’t shut them down before. That’s only like 450k btw and Delgado will take what he put in back out which is like another 200k (apparently). That’s only like 250k with 11m+ known in losses. It’s deceit not trust. Research negates BS
It’s about to be nothing if they can’t file with the SEC