Replies to post #32865 on Global Digital Solutions Inc (GDSI)

[ForReal]

There is always an out my friend. And it is apparent that Rontan feels they have found that out.

Look, the deal would have made the Boltan brothers cash wealthy, instead of asset wealthy. Along with that, they had jobs promised them. At first look, that was quite a lucrative deal for them.

However, something changed their minds. And I don't think it was a matter of trying to get more. Brazil (as many have stated) is in political and financial turmoil. So, why not take the money and relocate to the beaches of Rio?

There is something way more serious going on here. If the $50 to $70 million penalty is a reality, why would they gamble, unless they are positive they will come out on top? That is a lot of money to gamble unless one is near positive they will win in the end. It is way more than they would have made, if they just did the deal.

So, logic says this is finished for Sullivan and GDSI. No updates from Sullivan/GDSI is ominous, to say the least.

[pennyman13]

Ok, this contract was written with a foreign company and the country they are in is in complete turmoil right now. Also do you know for a fact that GDSI has the financing to buy them? Do you believe Brazil is ready to make Rontan adhere to the contract? How many years will it take? How much will GDSI have to pay in legal bills? Is it worth your time to wait on a sub-penny stock that may go broke trying to enforce a contract. We all have read the warnings and have to make up our own minds. I wish all good luck.