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Re: MrBlackLungs post# 38803

Wednesday, 04/26/2017 8:06:12 AM

Wednesday, April 26, 2017 8:06:12 AM

Post# of 50023
Well the obvious thing is GDSI is flat broke, Now I am quite sure behind the scenes promises are made to those that are doing whatever at the company, but I mean GDSI has never had a product, does not have an office, has no employee's to worry about. So other than the officers that are doing what little there is to do from home being paid is likely not a big issue for them currently.

The biggest deal is how will the company ever get financing to become worthy in the future.
With the SEC action being very detrimental to the health of GDSI you also have the pending civil actions that can well linger on for several years with the potential as time goes on of more civil actions being instituted by other unhappy shareholders. So finding a financier willing to jeopardize his money into a defunct litigation riddled company is going to be and has been undoubtedly very hard to do.

Most if not all the debt financiers require a company to be a current filer with a trading history that gaurantees they can sell the stock issued to them, that is two strikes against GDSI right there alone, then the SEC action and future monitoring plus no shares to issue for financing- STRiiiiKe three and there out :)

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