Global Digital Solutions Inc (GDSI)

[Coreton]

Unlike the SHMP RAS patent and projected sales from production that never happened. There was a huge rumor of Whole Foods looking to acquire the company, a buy out that was in the $1.00-$1.50 range.

In this case, we have a judge and the defendant ( Rontan) that has already ruled/accepted/pleaded that the SPA will be executed.

In short GDSI already owns Rontan.

Not even a Brazilian court is going to overturn a judgement in which the Brazilian company (Rontan) has pleaded for the judgement in its own fillings.

The question pending is how much the offset on the purchase price will be allowed for the tax liability.

I am kinda hoping the judge disallows any incidental damages.

If that were to happen and GDSI were to go ahead and execute the transaction. Hahahaha. My money would be on a much larger entity being interested in the manufacturing facility. There are 11 EV companies with very deep pockets coming on the market this year.

Do you really think any of them will be scared off by a 250m tax liability in a multi $$billion EV sector. Especially one that comes with a fully functional and staffed manufacturing facility. That $250m will be paid of in 15min.

Some fun DD. Do a search of Copper mining in Brazil ( needed for EV batteries) who owns copper mines in Brazil. Bolzan’s?

If Bolzan’s settle they stand to get a market premium for their Copper, avoid a long legal battle to settle their tax burden and or “recognition” for a case they have already recognized themselves.
the recognition process will not be their savior at this point.
RONTAN ALREADY ADMITTED FAULT IN THEIR OWN FILING! They ask in their own filling for the remedy of specific performance. This is all over but the signing.

The Bolzan’s will settle thus eliminating any possibility of the “recognition” process starting at all.

GLTA $GDSI