Global Digital Solutions Inc (GDSI)

[Coreton]

The Florida office is called a “Resident Agent” very common for companies to have a resident agent in the state they are incorporated in. It also helps to keep whackos from showing up to your house when you work out of your home.

Nothing nefarious about using a resident agent.

R&D for PALS is on the very first page of the 10-Q

Listed under assets are “Software Development costs” $64,000+. That is the prepaid cost of development for the PALS system. It’s right there in the 10-Q.

Seems the continued airworthiness process is underway. Any one in the aviation industry knows that there is no “approval” application made to the FAA before all airworthiness and flight testing has been completed and the Engineering Reps have signed off.

“The FAA Designated Engineering Representatives (DERs) are responsible for final approval of all aircraft modifications, have been assigned to oversee the process. The DER for the PALS project has approved the engineering analysis with the final installation process expected to be completed shortly. “

FAA approval would not be applied for until after all in flight testing is completed.

FAA approval is not required for research and development.