Global Digital Solutions Inc (GDSI)

[Coreton]

I wouldn’t dispute any of this.

As I stated in an earlier post, I have seen these type of cases where the plaintiff wins the judgement but the judge feels that the case was petty and while finding for the plaintiff only awards $1 in damages. The big difference here is we are talking about a jury trial and juries always award much higher awards.

I still feel a settlement is more likely and that any settlement will be based more on how badly the Bolzan’s want to maintain confidentiality of their financials than it does on the merits of this case.

While the Company (Rontan) May have been in bankruptcy since the signing of the SPA there are lots of questions surrounding assets and cash rumored to have been siphoned off by the Bolzan’s. If this was done after the filing of the complaint the proceeds would be subject to recovery as damages. This all assuming GDSI is successful.

Should be an interesting 30-60 days ahead.