From what I could find, the most likely merger candidate is a privately held company with very little public information concerning revenue.  No idea if there has ever been anything I writing.  Could just be a rumor for all I know.  

One is a bottling company that does several different brands.  The other is an artisian water company that only does their brand and they own their own natural spring.  Basically a premium water company and an Aqua Fina ( tap water) 

I might toss some more in if it gets into the 2s, I think they are trying to put together the funds to bring the other water company in plus enough cash on hand to cover expenses, to restart bottling operations. No reason to spend the money to upgrade then let it sit there and rot away. 

I'm hoping that with the new administration nationally, we may see lending and investing open back up.  This has been a horrible run for startups.  Interest rates are prohibative. 

I heared the plant we purchased out of bankruptcy was upgraded and brought back up to code.  

Have a few connections in the area and they confirmed that there were workers at the plant for the first few months of this year, but not much activity since then.  I would guess that was when the upgrades were completed.  Would be nice to see something official in some filings.  Dont really make much sense to hold everything back.  

No one is going to care what you did 18 months ago when you announce you are in production and have contracts.  LOL

Still holding, and waiting!

It has some work to do. Disappointed it’s taking this long, but some things just take time.

It’s the last Q filed. 1-16-24. Very last page

Note 10, Subsequent Events.

About time something happens with this. IMHO.

Keep your eyes open. Might be a little different this time.

From the looks of things, there should be some news coming in the next few weeks concerning the acquired assets. Right now I don’t see anything to get overly excited about. But it’s a start.

Cor

10K is out.

Acquisition of assets of the Hawaiian water company is confirmed. Looks like the assets are valued at a little over $5m.

Looks like things may be picking up.

Someone loading up.

Royal Hawaiian Water and Coffee Co.

They did business as Hawaiian Isles water and Hawaiian Isles Coffee.

It appears from what’s been made public that a combination of over expansion and COVID saddled the company with an insurmountable level of debt.

It appears that ECGS has purchased the bottling facility and a certain amount of inventory and production supplies.

Prior to COVID. The water and Coffee companies generated $20 to $22 million in revenue by 2022 that revenue stream had dropped to $13-$15 million with 7 or 8 distribution warehouses across the Hawaiian islands, overhead costs were well in excess of the post Covid revenue.

The companies filed for bankruptcy in late 2022 after multiple lease holders shutout the company due to non payment. With little or no access to product, the company was forced to seek Bk protection and later ceased all business operations.

Hawaiian Isles water was sold at a wide range of retail outlets across the Hawaiian islands.

IMHO this looks like a prime example of mismanagement, this company had been in business since 1995 and had enjoyed a fairly event free existence till 2020.

Will be interesting to see what was paid for the assets and what was included. From what I could find it appears that the bottling facility is 4-7 years old, so it should be up to date.

GLTA

Cor

Good question!

It could be that they have to wait for the legal issues surrounding the water company to be settled.

Page f-12. Note 10. Subsequent Events.

Very bottom under Subsequent events.

10Q that was filed Monday.

ECGS acquires assets of ROYAL HAWAIIAN WATER COMPANY. stay tuned for more info.

Sheesh my prediction of .05 being about tops didn’t account for the massive share dump we are witnessing.

Don’t let them fool ya. It’s not shorting, this is good old OTC share dumping.
There is another term for it. It’s on the tip of my…….. oh yeah. Dilution.

What an utter disappointment this foray into Chinese enterprise has been.

Guess you don’t understand the term trading. You seriously think I would hold a stock through a huge run up. I owned and posted there 4 years ago. It’s not been till now that it is interesting again.

Just like this one. Up 400% + in 4 weeks is what I like.

It appears from your constant posts on all of these stocks that you don’t know when to buy and sell.

Good luck

I see you still try to conflate what someone says with what you want to hear. The cost of R&D for the technology does not matter to the Japanese company, they will not be paying a price for the technology that reflects SHMPs desire to recover all the R&D costs.

Have a blissful day

To answer your question, without being a sarcastic asshole, the answer is no. The wholesale Price has nothing to do with the cost of the Technology. The technology has everything to do with bottom line costs to end users.

The Japanese will pay a reasonable price for the technology. They will not have to include all the cost of R&D like SHMP is trying to do. SHMPs $25 a pound shrimp is a ridiculous attempt to recoup their R&D costs too quickly, the market will never support that.

You are focused on the Price of Shrimp. This deal is about the technology not buying wholesale shrimp.

Think the OS took a little bump last week to 38m but the Float has remained very low. That’s a tall glass of water!

Refreshing, exotic news would be good. The abandonment of the CBD venture was disappointing but with the crash in prices it was not going to pan out. I just hope the new entity has a longer shelf life. ;)

No Doubt. The only question is where to.

Given the history and manipulation here. I just find $1 a bit much and it looks like .20-.40 is a more attainable target.

Ok sparky. Have fun.

Looks like things are coming together.

Expecting some news soon.

That’s my point, it’s at .007. If you are not loading here. Then when. Something is a miss.

Yes this entity has less revenue and less net profit with more outstanding shares than the previous.

Look at April-June 2020. Close to 8m revenue and Nearly 400k in NET profit for the quarter.

We have no idea where the current numbers are generated from. We have nothing to compare it to.

All we really know is there are 130m more shares outstanding (a 50% increase) than there was previously.

.05 (a Nickel) from here would be about right for the numbers. That’s a 700% return. Medical couldn’t move the needle after 3 years. That’s why I think $1 is a huge ask right now.

Going to $1 yet no one is buying at .0070. That’s one heck of a want.

I usually like these stocks but SPOM had the medical entity there showing $5-$15m in revenue and $1-$3m net profit with cash in the bank and never got over .02 with zero shares issued for over 2 years. It should have been in the .20 range on those numbers alone.

This new entity has less revenue, more shares and zero net. .02-.03 is probably the top end and explains no buying at .007

Just remember they are OTC for a reason. Trade accordingly. As my friends say, OTCs are all ?? till their not.

Of course, it was under .03 for a bit. Now it’s at .07. That’s a double.

What a horrible return, when will I ever learn my lesson. ???????

Should do well, I am expecting a new direction will soon be announced and possibly an acquisition or two.

News: update on Ferndale, Washington plant

https://www.accesswire.com/743043/Vicinity-Motor-Corp-to-Commence-Operations-in-Ferndale-Washington

8:30a ET 2/28/2023 - BusinessWire
Global Digital Solutions, Inc. Issues Update on Awarded Damages and Legal Fees
Global Digital Solutions, Inc. (OTC: GDSI), a company that is positioning itself as a leader in EV Technology Solutions, has announced today an increase in the initial award of $195,248,000. Interest to date now stands at $41,002,080 for a new judgment total of $236,250,080. The Company received the initial decision on or about February 2, 2021, from the United States District Court for the Southern District. The Eleventh District Court of Appeals affirmed the award on or about November 8, 2022. The judgements received were from Grupo Rontan Electro Metalurgica, S.A., Joao Alberto Bolzan and Jose Carlos Bolzan.

William Delgado, CEO and Chairman of GDSI stated, "We are very pleased to announce that our ongoing legal complaint against Rontan Metalurgica and the Bolzan brothers has been decided in its entirety. The Company, through its legal advisors, has engaged the premier information and collections group headquartered in the United States. The firm maintains a large presence in Brazil and is familiar with the collection process in that country. We have received an Apostille(1), which is the last item needed for the Brazilian courts. We have identified assets through our collections group that exceed the new adjusted judgement amounts, and we have begun the collection process. We have also filed an S-1 registration statement to begin paying down debt and to augment our collection process. We will take all actions necessary to collect this judgement in full."

(1)Apostille: Under the Hague Convention, signatory countries have agreed to recognize public documents issued by other signatory countries if those public documents are authenticated by the attachment of an internationally recognized form of authentication known as an Apostille.

Automotive Technology

The Company intends to leverage our experience gained from engineering and assembly of mobile command centers through its NACSV subsidiary into the vastly expanding Electric Vehicle (EV) and Automotive Artificial Intelligence (AI) sector. Although we do not intend to become a full-service manufacturer, we believe that we have the ability to provide support to the industry through parts, service, logistics, and software development. We also expect to develop AI solutions within the EV sector.

About Global Digital Solutions, Inc.

Global Digital Solutions, Inc. (OTC:GDSI), a company that is positioning itself as a leader in Automotive Technology Solutions, continues to enhance shareholder value in these areas. The Company expects to add significantly through acquisitions and partnerships additional capabilities in EV and Automotive AI technologies. For more information about GDSI, visit http://www.gdsi.co.


View source version on businesswire.com: https://www.businesswire.com/news/home/20230228005601/en/

News is out!

As Paul Harvey use to say. “Stand By For News!!”

He has no interest in the litigation. It just happened that he knows who they are. They are competitors in certain business sectors.

Yes, I am being deliberately vague.

Cor

Not sure how you came to that conclusions. Actually I do know……. But ….I digress.

When there are no other tangible assets or business plan, all you have is book value.

Want to price GDSI like “ every other stock”?

What is the industry sector that GDSI occupies?

What is their current revenue yoy?

What is the current EBITDA yoy?

What is GDSI in the business of producing, selling?

What are the projected sales for GDSI for next year?

Just a few basic data points you would need in order to price GDSI, like any other stock. There is absolutely no way to apply any kind of multiplier.

Without data points for using any other measure for the price of GDSI, you would be foolish to entertain any pps above projected book value.

What are the basic data points used along with the ones mentioned above to asses a share price multiplier in any industry?

There are 2

Earnings
And/or
Book value

Have a great day.

If you are referring to one of my earlier posts. I was making the point that the assets would be more difficult and take longer to attach due to the Bolzan’s moving assets to other family members. Don’t think I ever said they would be off the table. Perhaps someone else here has made that claim.

My information is mostly coming from a contact in Brazil that knows who the Bolzan’s are and their business practices.

.08 and .12-.16. There ya go. Corrections and reassessment done.

I’m always conservative in my numbers.

I chose 80m since it’s a nice multiple for the current OS of 800m. And about 1/4 of the maximum after interest is added.

My guess is that once there is an official announcement of a filing with any court to seize assets, the Bolzan’s will come to GD with a settlement offer.

I’m looking for something in the $120m to $160m range. Or a pps of 15 to .20.

Contacts in Brazil have indicated that the brothers are connected to at least 3 entities that can satisfy such a judgement, and 4 or 5 others that range in the $30m-$50m individually. That’s just in Brazil. It is rumored that there are 2-3 other entities internationally of which any one of them would settle the judgement in full.

Hope to see something in the next 30-60 days on that front, attorneys and courts always seem to take 30-60 days.


GLTA
Cor