Global Digital Solutions Inc (GDSI)

[snakess]

lots of questions and lots of possibilities
Because this merger is with a foreign company from a foreign country - there are many hoops that you must jump thru . It is possible that Brazil is trying to make it difficult to complete. Many be there is a tax dispute or certain divisions that the sovereign country does not want it to become a US controlled entity.
There could of course be reams of paper work from Brazil and our SEC that are
cause the hold up. The Brazilian company of course wants to make sure that the can use the NOL. This is a very important part of the deal. If they can use the NOL to the fullest extend then that money can be used for working capital
and debt reduction for the Brazilian sub.
There could be a snag that may not even allow for the completion of the deal.
It has been around 6 months. There has not been a peep in the form of any press release and they may be due to quiet period according to sec requirements or something else.
Regardless, it is a bit unnerving that there has not been even a "hello kitty" from management.
Now Sullivan is a jockey that you have to ride with when you consider his past. Now the past is not an indication of the future, but it does give you a edge.
The delay in 10k could have nothing to do with the merger or could have everything too do with it.
The speculation is endless and maybe soon we will have an answer or it will continue for days, weeks or even months and it may get done or may not until we see the documents
An interesting speculation that if not done the stock drops like a stone back to .0012 from current .0086 or if the deal happens we may rush up to .05
Pick your poison