Golden Developing Solutions Inc (DVLP)

[KISSINGER]

The shit show is about to begin. That was a horrible day yesterday considering all the volume terrible day via anybody's technical analysis when you have that much volume and you can break through a resistance level it usually spells curtains. Close them don't look out that window again.

Chapter 11 to protect shareholders under subsection 5 is just another fluffy way of saying yes shareholders will keep their shares they won't be canceled out but damn it watch how much dilution comes in versus the 7 million in debt.

You can't file Chapter 11 and carve out things it's all part of a greater plan to get rid of debt. You get rid of that by issuing equity unless they are raising fresh cash and in either case that means dilution. I have been involved in over 30 bankruptcies throughout my investing career as part of a fund and I have yet to see one bankruptcy where the shareholders are unaffected in a very negative way.

GLTA