Clearly GDSI is a shell company.
They have been seeking to take a private foreign company public which it states that in their previous 10-Qs.
NACSV is currently insolvent. Meaning they are unable to pay their debts which is why they will be used to assist in this Reverse Triangular Merger. This is a better way for Rontan to go public. See the benefits of a RTM.
As for the Rontan situation, you must truly not understand how the economy of a country can affect the way business is conducted. It is not only Rontan that is affected. Many others are too. This deal will ultimately benefit Rontan and GDSI shareholders when completion is announced.
As for the silence, you must have not read Section 8.3 in the 8-K which clearly states that both GDSI & RONTAN do not have to announce the completion of this agreement. If anything, the deal has already been finalized and when they feel the time is right, they'll announce completion.
The situation in Brazil is very complicated and is the worst in the country's history. I expect after CADE has reviewed and approved this merger, Rontan & GDSI will release news asap.
GLTY :-)
$$$GDSI$$$
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