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Re: DiamondFire post# 15227

Wednesday, 11/11/2015 2:07:31 PM

Wednesday, November 11, 2015 2:07:31 PM

Post# of 50023
your so right....:) that would lead to suggest that the O/S is nearly locked up........now what will GDSI do to obligate the $26m to close the deal?
At December 31, 2014 our registered independent public accounting firm expressed substantial doubt as to our ability to continue as a going concern because we have incurred substantial losses and negative cash flows from operations. Management’s plans in order to meet our operating cash flow requirements include (i) financing activities such as private placements of common stock, and issuances of debt and convertible debt instruments, (ii) the establishment of strategic relationships which we expect will lead to the generation of additional revenue or acquisition opportunities and (iii) the acquisition of complementary businesses, including Rontan.

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