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Tuesday, June 12, 2018 1:12:14 PM
stockseekerok Member Level Tuesday, 06/12/18 12:59:34 PM
Re: singhinvestor16 post# 40908
Post #
40912
of 40915
Well BFS/GDSI already secured a funding source for 1.2 million that gets paid directly to BFS. The funding/payments were scheduled with progress of the lawsuit, that allows BFS/funder to minimize funds if the lawsuit failed at any of those pre determined milestones.
So BFS took the lawsuit after they were gauranteed the 1.2 million to take it to trial.
But yes if GDSI gets suspended acquiring funding would be harder, on top of being currently under SEC administative action and a convicted Fraud, Company convicted of fraud.
But again BFS could care less if GDSI gets suspended as their function is the lawsuit and they have the 1.2 million set up already.
I am not hoping for GDSI to fail, but I am not wearing blinders either. GDSI has a lot of problems. the SPSA was set up by a convicted fraudster/Sullivan. I personally think it will be hard to overcome that
Nothing I say, post, or do should ever be considered financial advice. It is just my personal opinion. I may be holding a long, short or no position. I am NOT or NEVER have been compensated to post on here and my posts are for entertainment purposes only.
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