Irreconcilable means that they weren’t familiar enough with US law to represent the company well enough...
What does that say for Rontan? It says what we already know, they are too broke to hire high caliber international lawyers. They were bailed out by the government, I truly doubt the government will let their money go to an American penny stock with no revenue. So good luck collecting.
Damages equating to 63m is funny. Contract bandit Bill Delgado out there scamming again on a 15% EBITA based break off fee. In America, a standard break off fee is 3%. How he swined his way into 15% is beyond me. Someone didn’t read the fine print...
As far as the attempt to bring down Bill Delgado, hell yes. How can one man run 3 companies with over 30m market cap and have 0 revenue? Is it a coincidence that he just so happens to be involved with convicted scum time after time but always gets away? “Fool me once, shame on you. Fool me twice, shame on me. Fool me a third time, I am just a fool”
Delgado placed a shareholder vote to increase the share structure to 2B on January 31, 2019. Delgado owns the majority so the vote never mattered, he was always going to dilute this pig. Before hand the float was about 30M. What happens to the stock when it’s so diluted down it can’t pick up its own weight. 30m float still doesn’t have enough volume to overcome volatility. Wait until it’s 2B..
Only thing Delgado has done right in the last 3 years is clean up. Guess what, GDSI is back to delinquent status with no updates on the 2018 10K or 2019 10Q.
How much time does Delgado even spend here? He’s got over 14m in operational debt occurred over the criminal sully still impeding this stock. Funny how debt isn’t paid and revenue isn’t made. Sounds like a company heading straight to BK status
News 
Market Data 
Discover 
