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Saturday, August 13, 2016 6:14:27 AM
Barrence-- After what I learned last night I have to change my stance on what I had been saying about Rontan not knowing about the SEC investigation.
It is said that the SEC action that took place yesterday was the reason(well not the actual action yesterday but the investigation itself )was the Reason that Sullivan was forced out of the Company.
Now given that thought, it had to be known well in advance to Sullivan resigning by others in the Company and Likely Rontan as well that the SEC was investigating and that charges were likely to be filed.
Now with that said, for months some of the supposed in the know/most prominent shareholder supporters of GDSI here in the past have posted how Sullivan tried to pull a shady deal on Rontan and Rontan had a problem with Sullivan is why the deal was being terminated.
Putting all that together does indicate that Rontan likely knew about the investigation and that is why they would not close the deal with GDSI.
Before charges were leveled against GDSI the Company by the SEC it is assumable that Delgado indeed hoped for the SPSA to be consummated as written as he relayed in one of the past filings. Now that charges have been filed against the Company as well as the Former Officers it is inconceivable that any funders would get involved with GDSI, it is also very unlikely that Rontan would agree to the deal knowing GDSI the company faces civil penalties as well as disgorgement which in effect would jeopardize the GDSI ability to pay the 26 million as agreed to in the SPSA.
It is said that the SEC action that took place yesterday was the reason(well not the actual action yesterday but the investigation itself )was the Reason that Sullivan was forced out of the Company.
Now given that thought, it had to be known well in advance to Sullivan resigning by others in the Company and Likely Rontan as well that the SEC was investigating and that charges were likely to be filed.
Now with that said, for months some of the supposed in the know/most prominent shareholder supporters of GDSI here in the past have posted how Sullivan tried to pull a shady deal on Rontan and Rontan had a problem with Sullivan is why the deal was being terminated.
Putting all that together does indicate that Rontan likely knew about the investigation and that is why they would not close the deal with GDSI.
Before charges were leveled against GDSI the Company by the SEC it is assumable that Delgado indeed hoped for the SPSA to be consummated as written as he relayed in one of the past filings. Now that charges have been filed against the Company as well as the Former Officers it is inconceivable that any funders would get involved with GDSI, it is also very unlikely that Rontan would agree to the deal knowing GDSI the company faces civil penalties as well as disgorgement which in effect would jeopardize the GDSI ability to pay the 26 million as agreed to in the SPSA.
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