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PhenixBleu

04/13/19 10:03 AM

#41792 RE: actsnow #41791

Sadly, this is a no-win situation for GDSI shareholders. They promised 100% of any litigation award to the entity that is lending money at each Rontan litigation milestone they set.

GDSI only gets more funds to pay the exorbitant rates of their defense counsel if they survive the Motion to Dismiss. Maybe that's why the A/S is now 2 Billion shares. Maybe it's to pay defense costs in the shareholder class action case against him. Delgado's Motion to Dismiss in that case was tossed last September.

Debenture Delgado never keeps his OTC Security Details current for a reason.

flight director

04/13/19 10:23 AM

#41794 RE: actsnow #41791

It's very good news! Closer to a default win of $63M. Company receives about 60% of proceeds. The corporate exclusion was denied by the judge. Hopefully the rest of the motion is denied next few days. Looks like filing out on 4-16. Pretty sure share structure is intact. HA hitting on all cylinders. Lots of blue ocean ahead. Also looks like rest of ambulance chaser cases coming to a close.