Isn’t Billy tied up diluting SHMP or stuck in the SEC proceeding for Falcon Technologies ? Where does he find the time for all of his penny stock scams ? Is SHMP paying him full time while he runs these other scams out of his back pocket ? He office says Levi’s or Dickie, after all, the company fits in his pockets
From earlier Filings, Rontan had annual earnings of $128m.
If you take a modest estimate of 700m shares of GDSI stock outstanding (actual is about 640m at the moment) that gives you an EP of. 0.18 per share. Since Rontan is in “Brazilian BK” at the moment we can use a very low P/E of 6 to give a conservative estimate of a projected pps going forward. That would be in the $1.05-$1.15 range.
If “Specific Performance” is the remedy then GDSI would take control of 100% of Rontan.
My guess would be that all monetary exchanges would be negotiated out to zero since the Bolzan’s would otherwise be required to repay any monies taken since 2015.
This is simply an educated guess based on the facts presented in the legal documents associated with this litigation.
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