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Tuesday, April 12, 2016 7:11:57 PM
According to SC777
There is no valid legal argument for Rontan to terminate they can't even claim breach of reps and warranties by GDSI because GDSI is literally making 3 reps in the document - that they are organized, that they are authorized to enter the transaction and that their stock is duly issued.
There is a reason why Sullivan has a good track record of a good businessman. He is head of the game in this situation. This battle is a win-win situation for GDSI. Imagine if Sullivan issued a PR stating it has a solid case to win a $75 million dollar judgment or legal right to take over the $164 million dollar company, then
at what PPS will you value GDSI stock?
In my humble opinion, this case isn't any difference. It's just how you view it that is all. I don't see why we are panicking to sell. We should reevaluate the situation and think before you give away your shares at the lowest level.
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