Global Digital Solutions Inc (GDSI)

[DD_dempsey]

Excellent post lowman- well said on GDSI

The deal has closed but the deal has not fully consummated. The 8k clearly spells that out. The misconception that some have is with the language used.

Some are misreading the 8k and saying the deal will close in 10 days. Then simply adding up 10 days from the 18th and saying news on Thursday oct 28th.

Here is what the 8k really says--- that the deal will close 10 days following the receipt of the letters of opinion, these letters of opinion are submitted after all of the accountants and auditors have had a chance to go through all of the books and find anything they don't like.

THIS PROCESS IS A HASSLE AND NECESSARY TO ANY SUCCESSFUL MERGER. especially more so with an international company and one with significant debts. The 8k also gives GDSI the right to back out of the deal at any time. It gives Rontan the right to back out almost the whole time.

Perhaps we might here that the "OPINIONs" from the legal teams have been written and submitted to the proper accounting offices in Florda. Then it's a 10 day ticking countdown from that point.

Plenty of consolidation left as this needs to church back to 20-25 vol a day. I can see a few on low end between .0015-.002 but that's if nothing in next 7-10 days. Likely see .002-.0025 until next company announcement.

The 8k spells out many things that must happen before the forward looking statement/merger acquisition can be duly processed. Merger announcements happen all the time- hen the real work goes in during discovery to make sure all the books are good. Let's see how the company educates the shareholders this next week. My guess is they explain that the deal now goes through steps as outlined in the 8k and the SPSA, and that we should expect the merger to fully consummate by end of year.

Again- for all true longs- this is fantastic news anyway you see it. You knew GDSI had a ton of convertibles -this should recover and settle around the baseline .003's until end of capitulation.