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Friday, April 01, 2016 1:11:32 AM
As you recall, the company gets $26 million in stock -that could easily equal 2.6 billion shares or more. This will result in some 3 billion shares outstanding. One assume they will do a reverse split to get the number to some reasonable level. I assume release additional news and as be proceed with quarterly number that stock move up and they do a shelf or an IPO - go nasdaq!
We know that rev for 2014 was $126 million -since they are private we do not know if they showed a profit- i assume not because they would have to taxes.
Now also assume gdsi has a large NOL that will offset the company from paying taxes for a number of years. This money can be used for growth and expansion.
The real cherry to this deal is Management. The CEO is a jockey that can ride and win. He has an impressive background.
There is a huge amount of information that needs to be released and hopefully the deal in completed as it appears and numbers come out soon.
Potential exists for huge upside potential short and longer term if management can deliver as promised and convened within the press in Oct-Nov 2015.
snakes alive
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