Replies to post #40912 on Global Digital Solutions Inc (GDSI)

[flight director]

Delgado made it pretty clear in his FB post and his PR that the first $300K was not going to BSF. It was validated in the subsequent events section of the 2015 10K. I also don't think he is going to play any games while he is fighting the SEC. My guess is that the remainder also is NOT for BSF.

[AISI304]

Maybe Bill's blockchain will beat Sully's blockhead actions. If the Brazilian Tribunal sees the SPSA as a deal foisted by a "convicted fraudster" as you put it, then the "convicted fraudster" should pay GDSI for the damages it seeks. Bigly.

stockseekerok Member Level Tuesday, 06/12/18 12:59:34 PM
Re: singhinvestor16 post# 40908
Post #
40912
of 40915
Well BFS/GDSI already secured a funding source for 1.2 million that gets paid directly to BFS. The funding/payments were scheduled with progress of the lawsuit, that allows BFS/funder to minimize funds if the lawsuit failed at any of those pre determined milestones.

So BFS took the lawsuit after they were gauranteed the 1.2 million to take it to trial.

But yes if GDSI gets suspended acquiring funding would be harder, on top of being currently under SEC administative action and a convicted Fraud, Company convicted of fraud.

But again BFS could care less if GDSI gets suspended as their function is the lawsuit and they have the 1.2 million set up already.

I am not hoping for GDSI to fail, but I am not wearing blinders either. GDSI has a lot of problems. the SPSA was set up by a convicted fraudster/Sullivan. I personally think it will be hard to overcome that