Global Digital Solutions Inc (GDSI)

[MrBlackLungs]

This 10q says to expect heavy dilution. 1,000 in assets compared to 3.765m in liabilities. Those are awful numbers but what we were expecting. 261 million shares of potentially diluted shares and over 100 grand in current convertible notes out there. Over 35 million in accured debt over time and increasing.

Essentially, These “potential” acquisitions need to bring in heavy revenue or this lawsuit needs to pay off this debt. Once again, 100s of millions are not coming. Standard business practice is 1-3% break off fee of the agreed purchase price. GDSI is only to receive (45%?) of the proceedings. My bet is Rontan coughs up their Florida branch since it is a small part of their portfolio anyways.