The only facts that matter are the ones the Florida Court issues in their future Decision(s) and the ones issued in the very distant future by the Brazil authority during their Judgement Recognition phase.
After reading BSFs Motion, it's questionable as to how the Florida Court will rule.
What I find interesting is the argument that the purchase price should be reduced by the unknown tax liabilities. There is no mention of the Brazil bankruptcy proceedings and how that Court might have reduced tax debt. Delgado should have acted on the SPA issues years ago before Rontan filed bankruptcy. Of course, he lost the financier for the deal, and was dealing with class action lawsuits for share fraud that included the news about Rontan.
I find the BSF Motion a bit redundant and underwhelming. I think they know disappointment is in GDSIs future. Any money collected in the very distant future will go to the litigation funders first. In the meantime, GDSI has alot of shares outstanding and the ability to issue more. Look out below shareholders.
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