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stockseekerok

05/01/16 12:54 PM

#33569 RE: dazytek12 #33568

dazy- If you read the SPSA GDSI had a proposed 27 million shares and as is shown in the Pre 14A those shares are already issued and have been held in reserve for Rontan.

Now that Rontan has terminated the deal that in essence frees those 27 Million shares up

Also in the Pre 14A it was specifically noted that the increase to 2 Billion was necessary for GDSI to secure funds to pay for Lawyers to try to seek the remedy for improper termination of the Aquisition by Rontan and funding for future operations of the Company as well as any possible new deals that may emerge.