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Re: PhenixBleu post# 46887

Wednesday, 12/23/2020 10:09:34 PM

Wednesday, December 23, 2020 10:09:34 PM

Post# of 50022
Good luck trying to appeal a default judgement, lost for not participating in the proceedings. That will last all of about 10 seconds.

I’m pretty sure the Bolzan’s are not dumb enough to waste more money to file the appeal in this case anyway.

IMO, They will settle because that will be the easiest and least expensive way for the Bolzan’s to proceed and still end up with some kind of monetary gain from the sale of the business.

Based on Rontans financial documents submitted with the SPA 2015 revenue and using an OS for GDSI of 700m. The fair market price for GDSI shares with a PE of 6 will be in the $1.02-$1.15per share range.