Rontan already had access to U.S markets. They had a operation in Florida that had been there for many years. So they did not need GDSI to access United States Markets. The other Ideas floated was Rontan needed GDSI to go public as a traded company on USA markets. Even when the SPSA was signed back in october 2015 a .002 trading company is hardly a lucrative public trading company.
If GDSI could have wrapped up the Rontan Acquisition it may well have been a good deal for GDSI, but I am not sure even closing that deal can salvage the damage done now that the SEC is involved.
However regardless the rumors floating that GDSI is still working on the Rontan deal all signs indicate the only work to do is to try to figure out how to make Rontan pay the termination of the SPSA penalties expressed