Replies to post #48572 on Global Digital Solutions Inc (GDSI)

[AISI304]

Coreton, how's the .002 relate to share price? Would a settlement be meted out?
The judge needs to finish this off so GDSI can get back to old and new business.

Coreton Friday, 06/04/21 10:04:08 AM
Re: eqinvestor post# 48558
Post # 48572 of 48573

Not a waste of time.

Consider this, do you really think that after 3 years of non participation the Bolzan’s
are suddenly going to show up for mediation?

If they don’t. How long do you think it will take the appeals court to toss this appeal?

This judge appears to be taking the short cut to dismissing this appeal.

Accrued interest of $53k a day, $1.5m a month. Since judgement was rendered.

At 700m OS that would be a basic increase to shareholder equity of .002 per month.
And that’s not funds that will be going to pay taxes or fees.

[eqinvestor]

That is actually a very interesting way of looking at it. If they don't show up, they would of course reiterate they are dumb. And I do agree that if they don't show up, the court may toss the appeal although I would love to see any precedent confirming that is possible.

Looking at it from another point of view because I always look at things rationally and not as a cheerleader, can anyone really conclude that the Bolzans are as rich as people really think since they have acted like they barely have 2 nickels to rub together. All I know is that every rich person I know hires top notch lawyers and not someone who barely has ANY and I repeat ANY experience in federal court. Mr. Gottlieb has virtually no experience in the federal courts. Zero. I hate to say it but they are acting like a group of people that believe that GDSI will never collect. I don't believe that but I am starting to wonder if the Bolzans are as rich as people think. If I was a billionaire, I would have hired someone such as Skadden Arps that may have ripped this lawsuit to shreds on day one. Instead, they hired local lawyers who have zero securities litigation experience. Makes you wonder. I've always thought Parabellum was the key to this case because they did their homework. However, maybe they miscalculated. Jobs and Gates and other rich people have miscalculated business ventures. Maybe and so has Parabellum

[Annerco]

Not only that. I would also add that the mediation order appears to indicate how the court views the dispute. GDSI's PR mentions that mediation is related just to the "damages portion of the judgment", i.e. not the underlying merits of the case. Basically, this tells me that the court might view that an appeal by Rontan has a small chance of reversing the lower court's decision. This might be true, particularly if mediation was not requested by any of the parties and the judge ordered it suo motu.

Basically, this order might mean that the judge is trying to give Rontan one last chance before bringing the hammer down on them.

In any case, I have increased my holdings of GDSI in the last couple of days.