Global Digital Solutions Inc (GDSI)

[Coreton]

BSF made a “Concise statement of undisputed facts” that completely dismantled the AD claim filed by Rontan. AD claim/motions are the opinion of council and not facts nor law. The undisputed facts are those in evidence and agreed to be true by both parties. AD is not an option for Rontan.

GDSI is not obligated to file a claim in Brazilian BK court for the simple reason that until there is a judgement and award, there is nothing to base claim on. They would be in violation of the law to file a false claim without judgement.

Under Brazilian BK laws. Rontan is required to disclose the litigation


{Under Brazilian Law, interests in a Sociedade Limitada cannot be forcefully transferred.}

contractual sales are not “forced” actions. This does not apply.

Adjudicated disputed contractual sales are not “forced” actions either and again this does not apply.