Global Digital Solutions Inc (GDSI)

[snakess]

This deal is far from dead- Remember all the pumpers pumping saying the deal is done and it is going to .25 to .50- just as the feeding frenzy to get in it will be the feeding frenzy to get out.
I find it interesting that on or about April 1 this stock started to move higher. The news had to have leaked and instead of the stock going down it moved up even with the 10k delay!
A contract is a contract and there is a strong penalty of at least 15% for either party to escape the deal. Of course either party is going to say that the information gathered will fraud. The court will decide, but the US courts will side with the US company and will award at least the US assets that can be grabbed .
Behind the scene the deal could be reorganized with different term if the buyer agrees. This story is far from over.
I would anticipate a press release from the company on Monday with additional information. This also may have held up the 10k.
It the selling intends to walk the a penalty will have to be paid- Not worried about gdsi not having the money to pursue the case- law firms will do any earn out. I would not be concerned about Rontan - they most likely have insurance that will kick in as well. This is a chess game and it has just started.
Who blinks--gdsi is fight back already because they know that they have something valuable.