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BARRENCE

01/01/16 12:36 PM

#23410 RE: Blue-Horseshoe 45 #23409

As I have indicated before, my instincts tell me that something has gone wrong.

The likelihood is very high that GDSI, and the company which will be lending GDSI the money to pay Rontan, engaged in extensive due diligence and investigation BEFORE GDSI announced the deal back in October.

The likelihood is also very high that GDSI, and the company which will be lending GDSI the money to pay Rontan, during that extensive due diligence and investigation, DID NOT discover any impediments to the deal BEFORE GDSI announced the deal back in October.

However, it would appear now that the likelihood is very high that the auditor, which was hired by GDSI and/or the company which will be lending GDSI the money to pay Rontan, HAS DISCOVERED some type of impediment to the deal.

If I am correct, the issue that is then presented is whether whatever has been discovered, and therefore whatever has gone wrong, can and will be fixed.

Unfortunately, until something positive or negative has been announced to the public, we are all left in the dark.

Given that we are all left in the dark, we are all left to make decisions which are based on probabilities, ie., we are all placed in a position to guess and speculate as to what is going on and what will eventually happen.

Nonetheless, I hope that my instincts are completely wrong and that the GDSI-Rontan deal does go through - and does go through very soon.

In any event, Happy New Year to everyone.