Global Digital Solutions Inc (GDSI)

[eqinvestor]

The logic is simple. Not sure what there is to understand.

They have a 192 million dollar judgment against the company AND the brothers.

What do you believe is the minimum settlement GDSI would accept. I would say 50 million in an attorneys escrow account to settle.

So their decision is to spend a few hundred thousand on an appeal and about 10-15 million if they want to stay collection or pony up 50 million.

Therefore the appeal logic makes sense. They only have a chance on the conditions precedent argument from early on in the case. That is their only avenue. I don't believe it's impossible. I would put the odds at 10%. Remember the argument. GDSI argued they waived conditions precedent. Rontan argued that conditions precedent was not met and it was for the benefit of both parties. I don't believe it's impossible they win that argument. Everything after the motion for default judgment was granted in Feb 2020 is a waste of time. The judge actually bent over backwards for them. Essentially, he could have even kept them out of the damages hearing. The appeal road is an uphill battle but not impossible.