The "Yacht" reference was a metaphor, the previous CEO Dumped 295,000,000 shares in 5 months in 2012, then MIRACULOUSLY paid off nearly $600K in Bankruptcy & Foreclosure on his home and a $14K IRS Tax Lien. However claims were made by the previous CEO that it was used to pay down debt, the debt actually INCREASED the entire time he was in that position.
These 295M shares have yet to be shown on ANY financial statement produced by GDSM in the last 1.5 years, since they and the monies associated with them disappeared.
Those 295M shares were dumped at .008 at the VERY LEAST for a $2.36M payday! A more realistic number would be .125 during the only run GDSM has ever seen, so it's more like $3.6M was stolen from investors here, never to be repaid.
And recently GDSM lost a judgment to another Company they swindled years ago to the tune of $4.9M that will need to be repaid before GDSM makes a penny.
Not a wise investment here IMO. Just sayin'
GLTY
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