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ShawnTrade

08/13/16 8:52 AM

#35817 RE: stockseekerok #35815

OTCMPlays, partly correct, but wrong conclusion.
Sullivan and his crew resigned when SEC investigation heated up.
Delgado was appointed to clean up the mess.
Thats why he is not named as a "co conspirator" as someone put it
It no secret Sully was a con man.
But some may want to seriously read KnownBraves most recent posts, because they are accurate.
Finally, some errantly believe Rontan would kill the deal due to the SEC news. They clearly have no idea of Rontan's own history and issues with Brazilian Gov.
If Delgado has been named, or if Rontan had issued a cut bait PR, we would have lifted that fork and plunged.
I sold 99% of my shares yesterday at 0014
I bought back all 99% under 001
The reason I reloaded?
One has to assume Delgado wrote the PR's and filed under the watchful eye of the SEC
Therefore, he did not have the luxury of embellishing, overstating, etc
I stand with KnownBrave, Paul, Wharfrat, Ranger_7 and OkWife on this one, and I expect we will see some news next week.You need to ask yourself why 4 posters here actively seek to pry shares from investors through deleterious missives. If they really are just "warning" folks for their own good, its time to move on.If they have other motives, expect more negative posts.
But my spidy senses tell me we could see some updates by mid week, and they may be positive.
Whiplash can occur in both directions.
Grab popcorn everyone.

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ForReal

08/13/16 3:20 PM

#35838 RE: stockseekerok #35815

If GDSI (as named as a defendant for various SEC rule violations)does not respond in writing to these charges, GDSI will be suspended. They have no business & No income. So, they have to complete a 10K audit ($'s my friend), pay the filing fees for filing their financials, hire a lawyer to defend themselves (more $'s & I'm sure no one wants the shares of VGID in lieu of cash) and pay whatever fines and penalties the SEC puts on them.

If it is not obvious that GDSI has been a scam for some time and that the SEC has finally caught up to them, well..........GOOD LUCK!! The SEC is being kind to share holders here. It is almost like giving them a warning to bail before the guillotine drops. Really uncommon charity by the SEC. Most times you wake up one morning and your shares are worthless.