GSDT Fintech Group Inc. (GSDT)

[falon]

These financials gives us a baseline and snapshot of where the company is positioned. The next report where tell us where the company is headed and at what pace. According to the report we have contracts in place that have not been tasked " Revenues for the third quarter reflect revenues generated by System Technology Solutions, Inc. (STS) and our ability to consolidate their financial statements as an 80 percent owner of the parent’s outstanding and issued common stock. Evermedia Biometrics reported no revenue for the quarter. At present, primary driver of revenues
is expected to come from the BOSS-U contract with EDS. However, task orders within our functional areas have not been tasked yet. Task orders thus far have primarily been policy and procedures and not research and development, our area of expertise.
Revenues were derived primarily from contracts with Cameron, Honeywell and the Detainee Property Warehouse under a Joint Forces contract in Iraq. We have not received any task orders from new awards in the third quarter. Typically, task order bidding does not occur immediately after an awards announcement."