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Re: Farmer_D post# 25579

Wednesday, 12/21/2022 4:00:34 PM

Wednesday, December 21, 2022 4:00:34 PM

Post# of 34001
This paragraph says it all…

This transaction is neither a reverse stock split, nor a conversion of shares based on a fixed number of shares. This transaction is based on the value of DarkPulse at the time of closing and we believe that each of our shareholders will get fair value of their DarkPulse equity in the form of newly issued shares of GSD. This transaction is not a dilutive event and it also is not, and legally cannot be, a method to address any prior losses any shareholder has suffered; however, we believe the transaction does establish a new baseline for our shareholders as we move to a NASDAQ listing. We believe the dilution suffered by the Company's shareholders in the past was necessary to get us to this point by financing growth through funding acquisitions and operations.



Translation…

The fair market value of DPLS is already established…by the market. BUT, the merger with GSD the “fair market” may be lower. No legacy shareholders can expect to get any of their losses back via this transaction. And even though it is not a reverse split, the impact of the share exchange will be exactly like a reverse split in that the number of shares in your account will go down…a lot.

And that new baseline…is where the stock will start from and go down or up.

And all the new attention we will get from Nasdaq…may expose the glaring deficiency’s in our business plan because people who actually analyze public company financials will laugh their ass off at ours.

Good luck!

"Harsh reality is always better than false hope"

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