Global Digital Solutions Inc (GDSI): Fraud dates: October 2013, November 2013...

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AISI304

Re: flight director post# 41298

Thursday, 09/20/2018 3:34:09 PM

Thursday, September 20, 2018 3:34:09 PM

Fraud dates: October 2013, November 2013, March 2014. Maybe the Bolzans checked him out and found something. Sensing something was off, they could have found cause.

Global Digital publicly announced in several press releases in October 2013 that one of its merger targets had become the exclusive original manufacturer of sophisticated grenade launchers for a major international client under a private label agreement with a first stage value of approximately $95 million.

In November 2013, Global Digital issued a press release projecting future annual revenue of $60 million to $75 million during the first quarter of calendar year 2014.

In March 2014, Global Digital announced in filings and press releases that it had made an unsolicited letter of intent to acquire one of the country's largest arms manufacturers for $1.082 billion.

https://www.sec.gov/litigation/litreleases/2016/lr23618.htm

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