Global Digital Solutions Inc (GDSI)

[Coreton]

Update. To an earlier post (VALUATION)

As stated earlier I will not comment or discuss the judgement as in my opinion it is of little to no consequence to the company as it moves forward.

The only take away is that the Bolzan’s through their counsel have agreed to execute the SPA. That means that GDSI will own and control 100% of Rontan.

Now that that is settled. Let’s look at what that means

Through a contact in Brazil who looked up some information for me concerning Rontan and it’s financial condition we have the following.

For 2019 (2020 is not yet available) Rontan reported $136m (USD) in revenue EBITDA. my previous post had this at $126m. They also reported $20m (USD) in net profit, this is net of ALL expenses, wages, dividends, utilities,loans etc. information I did not have previously

This along with the information from the damages hearing will be used below.

GDSI OS is 665m

Rontan valuation of hard assets $176m ( from damages hearing)

$136m/665m = a PE of $0.2045

$176m/665m = a book value of $0.2647

$20m/665m= .0300 per share Net of all expenses.

Normally for a valuation of a company for the purposes of net value you use 3-7 years revenue plus it’s book value. In this instance I’ll just use the Net Profit of $20m x3 years and ignore the EBITDA revenue

this gives us a valuation of $236,000,000/665,000,000= $0.3549 pps

No industry or sector PE ratio added. The conservative pure valuation of the company has the share value @ .3549pps

It’s currently trading @ .065

$GDSI