Surf-
No disagreement with your opinion at all regarding an investor. Any quality investor interested in GPSi would certainly be doing significant DD, which would include a forensic audit to track all money that has flowed into GPSi from the business end and also on the investor side. As you point out, some deals never materialized and a potential investor's DD team will be wanting specific reasons why deals were never consummated. I'm also confident that a thorough review of all the necessary licensing and approvals are in place to ensure that this business is operating according to the rules regarding money transfer legalities, especially in light of the rumored business dealings in the pot related businesses.
The company's history of making public statements and failing to execute on them would also be of concern and Ron would have to be convincing in his explanation as to why he did not live up to those commitments. He'd also be in the hot seat explaining all of these high interest loans paid out to people who are clearly tied into the operation of the business.
For example; looking at your previous post, consider the 20% loan payable to Pobur; Should be obvious to anyone really looking at that agreement. 1- Pobur must have been aware of the risk to loan the money and required the 20% (high reward). 2- Ron agreed to the 20% which acknowledged the risk in investing in the company. 3- Pobur rewarded with merchant payment contract and 1 million shares of stock in lieu of any future interest payments due to Pobur. The modification to agreement was lucrative to Pobur for him to have agreed to it. Can also assume that something near the original $500 thousand still owed. You can apply this same logic to all the other high interest loans.
According to EL- need to watch Surna, Agri and C4 developments in respect to GPSi. Maybe some type of mutual partnership is forming between GPSi and 1 of them.
