Replies to post #31290 on Global Digital Solutions Inc (GDSI)

[stockseekerok]

That is what I have been trying to say and all I get back is GDSI can waive any clause they want to so Ronton has no legal ground to terminate at all ever, regardless what may happen Ronton can not terminate only GDSI can LoL

I been saying we dont know what Ronton thinks they have but I would bet counsel has advised them on whatever the issue may be.

The real deal anyway is what shareholder and would have been buyers sentiment be to the 8k.

The posters on this forum only equate to a small fraction of the shareholder base in GDSI.

I suspect would have been buyers are now watchers, and there will be sellers the deal is if the sellers outweigh buyers it falls in price.

Pre open level 2 may well tell the story tomorrow.

I cancelled a fishing trip for tomorrow morning because I think a chance for a flip may happen tomorrow.

I could see a decline then some panic selling taking it down pretty good then a rebound nicely only to fall again as those traders take the daytrading profits :)

[SC777]

Please point to the exact section that says Rontan can terminate for just cause.


Thx

[knownbrave]

No Way Out For Rontan.

Until be get an 8-K with Item 1.02, we are still golden here.

I have included a breakdown of the agreement below.
Section 8 and Section 9 were perfectly thought out by Sullivan and his legal team.
As you read Section 8, understand that Rontan has agreed to insure they follow through on their part of the agreement.
(They also signed the agreement - Check Signatures)

Purchaser: GDSI
Sellers: Rontan

REVERSE TRIANGULAR MERGER:
Others here will also bring up the current state of GDSI's subsidiary NACSV. NACSV is currently insolvent.
NACSV will be used to complete a Reverse Triangular Merger.

KEY POINTS: No shareholder vote (Which is required for a Reverse Merger) & also the selling of shares from Rontan to GDSI (If this was a Reverse Merger, it would be Rontan acquiring GDSI to go public.)

GLTA :-)