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Not to be the Debbie downer here. But I’m thinking the group that financed us to get this far will get the bulk of any monies collected. Having said that their is money to be had here as it unfolds
Think today was a case of people who saw an opportunity to exit after sitting on this for a long time and bottom. Been a long time holder and once a year if you look back you have a shot of price hike then sits idle for rest of year or decline lol. We’re far from done here, little patience now. Whatever the outcome their will be a great opportunity to make some money on a good run. MM’s need some shares and shorting should be done. Pink sheets don’t follow market. This is high stake gambling with big rig big rewards. With backing and players involved we’re going to make some money
This case is not being retried. They had that opportunity during the trial and they never showed up, never provided the judge with anything asked, dragged it on with extensions and gdsi allowed it every time begrudgingly by us investors and gave them every opportunity. The judge was smart and gave them every opportunity to show up as no judge likes to have their verdict over turned. Appeals court will reflect this. Little more patience. There’s money to be made here again ?? regardless if comes to fruition lol
Except for the fact they did sue for exactly as you stated and won award. Makes matter worst is they did not really participate in the trial and refused to provide financial information to the judge. This is not a retrial and find it difficult to see this being over turned. I like GDSI’s position and odds. The amount of investment to get this far was not miscalculated. But hey u never know. Like our chances. This stock will be played regardless of outcome and those patient like before has opportunity for $$$.
I don’t think they derive much income in Brazil so I’m thinking all accounts receivables is an asset outside Brazil. Whatever happened to that goldmine in Mexico they sold? I’m thinking they did their due diligence as to what they believe they can get their hands on. Worst case they don’t get money and complete the SPA and have a revenue generating company. But cash is where it’s at. We’re not done here by a long shot. People/ companies who funded gdsi want to get paid and then some
Not sure anyone was expecting courts to settle this lol. Impressed they even showed up even if it was for show as they had zero intent.
They didn’t put up the bond so I’m sure they are looking under very rock and will jump when the collection is big enough. That will garner their attn finally that this isn’t going away. Can’t see this getting past appeal but anything possible.
Unless Rontan posts the huge bond which we would love to see but don’t think they would be that stupid. We collect away and move forward. First sign of collection this will pop
They can file whatever they want and who care what they could do. They haven’t participated thru this whole court case nor thru their appeal and doing nothing but pissing off the judges. They. Continue to drag feet to slow things down. This ain’t going away and they will get a rude awakening. Enough of the legal conjecture. This needs to play out and i think us longs know where where our money is and what we’re betting on. This isn’t going to drag out like the court case did. When this goes, it will be fast and those sitting out will loose out
Allot of people seem to be hung up on the $192MM in damages for supposed tax arrears where GDSI will end up with a much smaller portion to collect but one would think if we are to have a viable company more excited to have the SPA executed then actually have a company that can generate solid revenue. Could be chciken and the egg where we are going to have to collect some money first to bring the Bolzans to the table to execute the SPA or get them at the table to settle. thoughts.
Can you say shorting
Thinking that is pretty difficult to prove being they never once participated thru out the trial in providing anything to the courts to say otherwise, it was literally a slam dunk being they never argued anything except at very end that they will honor the SPA. I cant see ho w the courts could go any other way, Mittlebrooks covered his butt at every juncture.
Someone care to share the filing?
Does gdsi now respond to the application by rontan to appeal then decision? Trying to figure out timelines and process. I would think collection continues until decision made if i understand your response. Appreciated.
Trying to understand why the appeal would be entertained being they didn’t participate in good faith through the whole first trial. Does this go in front of a different judge for appeals? Until a decision is made at this point i think it’s still full court press on collection and execution of original SPA?
I don't think at this point this changes a thing in GDSI moving forward with collection and wont slow things down. the Bolzans did NOT adhere to any of the judges request for financials and numerous admission of evidence. wasted the courts time and effort. I honestly cant see how this ruling can change when they did not participate in good faith right from day one.
look forward to our response for it to be thrown out. JMHO
Not surprising, stall tactic. well looks like they upgraded in the lawyer dept, but marginally. not even close. Being that the Bolzans never even did anything thru the whole trial to produce records or respond to judge, don't see this going anywhere, and im guessing our legal counsel already expected and will respond swift
RTR law
Love how MM dropped price last 30 seconds on no volume. Regardless solid day! Staying longgg
Think your going to see a full court press across board.
Citadel playing games, buying up shares, cant get filled, yet lots gets filled below me, shake my head. 4 year long wait, come on gdsi
Thanks for the clarity. This is going to be a fun ride
anyone want to take a stab at this?
How many shares is it going to take to pay Rontan to close SPA. And will the valued share price be calculated?
How many shares is it going to take to pay Rontan to close SPA. And how valued share price?
Can gdsi not sue for lost net income for the past number of years due to backing out of deal when SPA was to be executed. Wonder what the legal bill tab comes to. Going to get bigger to initiate collecting on $ award
If we get some good volume very good chance. Like 10mm shares plus. So far most is all small buys. Not a good time to be selling IMHO
Someone learned the hard way what it is to sell at market price
Can’t see that having anything to do with Brazil having an impact in US courts awarding $ in compensation for winning the law suit ??
Just wow lol ??
We’re good with that. Thanks for sharing And don’t worry yourself . Upwards and onwards.
Any sense in how long til they rule. I’m guessing this extension is to keep everything above par. Makes sense