A reasonable and prudent investor would realize that an advertisement - on the website of a third-world bank - to the effect that that bank, many months ago, may have provided some level of unspecified input on the proposed GDSI-Rontan deal, DOES NOT HAVE, AND WILL NEVER HAVE, ANY EFFECT AT ALL ON THE ISSUE OF WHETHER THAT DEAL WILL EVENTUALLY BE FINALIZED.
If, hypothetically speaking, someone, in his own mind, were to construct an argument to the contrary - in an effort to convince himself that the GDSI-Rontan deal eventually will be finalized and to further convince himself that in the process he is going to make a lot of money - that person would be engaging in a flagrant escapade of self-delusion, a blatant episode of self-deception and a very sad exercise in what is commonly referred to as “grasping at straws.”
A reasonable and prudent investor, for his own sake, and for his own financial safety, would not make that mistake.
Remember that the three enemies of every investor are fear, greed and, above all, hope.
In any event, today, March 16th, marks the one-hundred-and-fifty-nine-day-point (159) AFTER the purchase agreement was signed by Sullivan (on behalf of GDSI) and Rontan but the deal, nonetheless, has still not been finalized.
Stated in another manner, we are now only twenty-one (21) days away from reaching the six-month anniversary of the original signing of that contract but the deal, nonetheless, has still not been finalized.
Now we have learned that Rontan workers in Brazil have gone on strike for reasons which include, but are not limited to, Rontan’s outrageous failure to pay its workers and Rontan’s horrendous failure to remit withholding taxes to the appropriate federal agency in Brazil.
IT WOULD THEREFORE APPEAR THAT CONDITIONS AT RONTAN ARE EVIDENTLY SO BAD THAT IT LACKS THE CASH TO MEET ITS PAYROLL AND ITS PAYROLL- WITHHOLDING OBLIGATIONS.
Of course, all of this comes within just a few weeks after GDSI’s wholly-owned subsidiary, NACSV, had a court-ordered eviction notice plastered all over its front door and had its phone number disconnected - without GDSI providing even a short explanation or a brief update to its thousands upon thousands of innocent and well-meaning shareholders.
Accordingly, the shareholders of GDSI do not currently even know if NACSV is, or is not, still in business - even though GDSI acquired that once-thriving-and-once-profitable-company less than two years ago.
Is this how a publicly-held company is supposed to run its operations and keep its own shareholders informed?
At this point in time, even the most optimistic of shareholders would have to conclude that something seriously has gone wrong with GDSI, with Rontan and with the GDSI-Rontan deal.
NO AMOUNT OF HYPE CAN CHANGE THAT VERY SIMPLISTIC CONCLUSION.
Whether what has gone wrong is fixable and will be fixed, is an issue that none of us on the outside, at this point, could possibly resolve.
One thing, however, is for sure: this stock is rife with an abundance of flags that are colored with the same bright red that used to adorn the flag of the now-defunct Soviet Union - the country that President Reagan, if my memory is correct, used to call the “Empire of Evil.”
WELCOME TO YET ANOTHER DAY IN THE UNDERWORLD OF GDSI, RICHARD J. SULLIVAN, STEPHANIE C. SULLIVAN, GARY A. GRAY, ROSS L. TREVINO, WILLIAM J. DELGADO, JERRY GOMOLSKI, ARTHUR F. NOTERMAN AND EVERYONE WHO SITS ON GDSI’S AUGUST BOARD OF DIRECTORS - A GROUP WHICH PERSONIFIES THE PHRASE “RANK AMATEURS.”
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