"They are "Big Percentage Movers", and they can be "Life changing", for the trader who has BIG money in them at their lows.
* They can produce "10 and 20 Fold moves".
* The Price "Pull-Down" where the price falls HUGE over a relatively short period of time.
* All "you" need to remember, is that with ALL "pull-downs", the "accumulation" starts. This is just the first step!
* "Price Pull-Downs" are OTC game stock. They hover higher for months and months, with NO retail interest or volume.
* The insiders "pull the price down", for the funding of their operations, by increasing the "shares outstanding", and the "authorized shares",
and when the price of the stock, reaches the price level, where the "VC"s want to "Buy", the stock finally bottoms, and you then see the accumulation.
* Most every stock "pennylanders" like these types of stocks. There is another term for trading these "OTC sub" & "Micro stocks". "Bottom feeder" stocks.
A "Venture Capitalist" is a person who invests in a business venture, providing capital for start-up or expansion. "Venture Capitalists" are looking for a higher rate of return than would be given by more traditional investments.
A "Venture Capitalist" can be a "professional investor", or "Market Maker".
The "Venture Capitalist" may have no business experience applicable to the industry your company is involved in, and is focused on "the potential rate of return" your company can provide.
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON Monday August 7, 2023
The sole purpose of the Special Meeting is to consider and vote upon the following proposals:
* a proposal to amend the Company’s amended and restated certificate of incorporation
* the “Extension Amendment Proposal,” to extend, the period of time for the Company to (i) consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses, which we refer to as a “business combination,”
On July 3, 2023, a director of OPTILAN (UK) LIMITED (“Optilan”) received a letter from The Insolvency Service, an executive agency sponsored by the Department for Business and Trade located in the U.K.
Pursuant to the letter, the director was informed that, on June 28, 2023, the court made a winding-up order against Optilan and that an official receiver has been appointed as liquidator to manage the winding-up.
Optilan is a wholly-owned subsidiary of OPTILAN HOLDCO 3 LIMITED which is a wholly-owned subsidiary of DarkPulse, Inc., a Delaware corporation (the “Company”).
None of the Company’s other subsidiaries are affected by the winding-up order against Optilan.
The winding-up order was made on an involuntary basis against Optilan.
"To be clear the winding up order discussed in recent 8-K filing is related to Optilan UK Ltd."
Global System Dynamics, Inc Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from July 9, 2023 to August 9, 2023
On June 16, 2023, Carl Eckel resigned as a director ofDarkPulse, Inc.,
On June 19, 2023, the remaining members of the Board of Directors of the Company appointed Craig Atkin as a director to fill the vacancy left from Mr. Eckel’s resignation.
Mr. Atkin - is the Chief Commercial Officer of Optilan.
Global System Dynamics, Inc. Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from June 9, 2023 to July 9, 2023
DarkPulse, Inc., entered into a Partner Agreement with Jupiter Metal Pvt. Ltd. pursuant to which the Company and Jupiter formed a partnership The name of the partnership is “OM DarkPulse Infratech” and its purpose is to jointly work on infrastructure projects inIndia.
Global System Dynamics, Inc. Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from May 9, 2023 to June 9, 2023
DarkPulse, Inc. Announces Approval of Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from April 9, 2023 to May 9, 2023.
Global System Dynamics, Inc. Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from April 9, 2023 to May 9, 2023
DarkPulse, Inc. Announces Approval of Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from March 9, 2023 to April 9, 2023
Global System Dynamics, Inc. Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from March 9, 2023 to April 9, 2023
Global System Dynamics, Inc. Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from March 9, 2023 to April 9, 2023
DarkPulse Engages Keystone to Pursue Growth Opportunities
"Keystone's ability to provide strategic capital will also enable us to execute on the rapidly growing demand for our proprietary technologies and services with key government and commercial customers."
DarkPulse, Inc entered into an engagement letter with Keystone Global Holdings and its subsidiaries Keystone Global Strategies, LLC KSG Advisors, LLC together, Keystone Global to provide the Company certain services Keystone to render strategic advisory and business development consulting including certain project development
DarkPulse, Inc. Announces Approval of Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from February 9, 2023 to March 9, 2023
Global System Dynamics, Inc. Announces Sponsor’s Request for an Additional One-Month Extension DarkPulse deposited $83,947.13 (representing an additional $0.0625 per public share) into GSD's trust account for the benefit of its public stockholders. This additional contribution enables GSD to extend the date by which it has to complete its initial business combination from February 9, 2023 to March 9, 2023
On February 6, 2023, DarkPulse, Inc., engaged Mazars USA, LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2022.
In connection with the Special Meeting, stockholders holding 9,149,326 Public Shares properly exercised their right to redeem their shares (and did not withdraw their redemption) for cash at a redemption price of approximately $10.39 per share, for an aggregate redemption amount of approximately $95,061,497.
Following such redemptions, approximately $14,038,481 was left in trust and 1,343,154 Public Shares remain outstanding.
On December 28, 2022 (the “Effective Date”), Urish Popeck & Co., LLC (“Urish”), the independent registered public accounting firm of DarkPulse, Inc., a Delaware corporation (the “Company”), informed the Company, that it would be terminating its engagement with the Company as of the Effective Date.