Wednesday, December 21, 2022 4:00:34 PM
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"
Recent DPLS News
- Oil & Gas Virtual Investor Conference: Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 04/17/2026 12:35:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/16/2026 08:06:54 PM
- DarkPulse, Inc. to Present at the Oil & Gas Virtual Investor Conference April 16th • GlobeNewswire Inc. • 04/16/2026 12:35:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 04/14/2026 09:21:42 PM
- Oil & Gas Companies to Present at Virtual Investor Conference on April 16th • GlobeNewswire Inc. • 04/09/2026 12:00:00 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/31/2026 08:35:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2026 04:53:46 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 02/02/2026 08:34:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/21/2026 09:11:40 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 01/21/2026 09:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2026 04:45:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2025 08:44:41 PM
- Small Cap Growth Virtual Investor Conference: Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 12/10/2025 02:57:30 PM
- Small Cap Growth Virtual Investor Conference Agenda Announced for December 9th • GlobeNewswire Inc. • 12/10/2025 01:35:00 PM
- DarkPulse, Inc. to Present at the Small Cap Growth Virtual Investor Conference December 9th • GlobeNewswire Inc. • 12/08/2025 08:25:10 PM
- Small Cap Growth Virtual Investor Conference Agenda Announced for December 9th • GlobeNewswire Inc. • 12/05/2025 01:35:00 PM
- DarkPulse, Inc. Secures Uplisting to OTCQB: A Milestone Enhancing Infrastructure Innovation and Access to Global Capital Markets • GlobeNewswire Inc. • 12/02/2025 03:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2025 06:50:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2025 07:23:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2025 04:04:41 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/04/2025 07:25:32 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/04/2025 04:15:24 AM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/21/2025 08:43:44 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/21/2025 06:33:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/15/2025 09:00:11 PM
