Global Digital Solutions Inc (GDSI)

[Coreton]

Wow. Sounds exactly like every single company that was ever started at one point or time. Google, Facebook, Apple. All were seconds from Bankruptcy at various points in their early history.

GDSI has more store front than Apple when it got started. Give it a rest.

All the Judge cares about is the legal aspect of the case. He is uninterested in other people’s personal opinions of their business dealings and certainly not from a message board.

Rontans “Affirmative Defense” is crap. Summarily defanged in the GDSI response. You can’t claim a wrong even if there was one if you had no knowledge of it at the time you took action. Besides the remedy would have been a lawsuit. Not a unilateral withdraw from the engagement.

As to the financial standing aspect. There is nothing in that SPA that required any sum of cash at all to be exchanged at the time of closing. Zero, Nada. El zippo! This alone ruins Rontans stated grounds for the Affirmative Defense ploy.

The only reason it was raised was to preserve its use later on should something come to light, AD must be asserted at the very beginning of a litigation or it is lost.

GLTA. Your favorite Court “Monitor”. Whatever that is.