Global Digital Solutions, Inc.
777 South Flagler Dr., Suite 800 West Tower
West Palm Beach, FL 33401
NACSV specializes in building mobile command & communications specialty vehicles for emergency management, first responders, national security and law enforcement operations.
Proven Strategic Vision
Global Investor Base
Brand Leadership Through Partnerships and Alliances
Where Digital Solutions Converge
GDSI executive management has an impressive record of building fast-
Focused on long-
William J. Delgado, Chairman and Chief Executive Officer of Global Digital Solutions, Inc., Issues Shareholder Letter Regarding Changes in Executive Management, Near-
William J. Delgado, newly-
According to Delgado, Since May 1, 2012, Global Digital Solutions, Inc. (the "Company") has been focusing on acquisitions of defense and defense-
Delgado said GDSI will be reviewing strategic alternatives, including recent negotiations and agreements with Rontan in Brazil. He indicated GDSI’s Management feels strongly the Company has a strong and valid agreement for the purchase of Rontan and will continue to pursue all avenues to complete the transaction per the terms and conditions previously disclosed in the Share Purchase and Sale Agreement of October, 2015. He said the Company is also developing several other strategic initiatives which should be announced soon. He added that Management will ensure the Company’s disclosures are fair to the investing public and, of course, meet all regulatory guidelines.
GDSI Announces Withdrawal of 14A, Shareholder Meeting to Increase Authorized Shares
GDSI’s CEO, William Delgado, also provides updates on other current issues
On June 7th, GDSI announced, effective May 31, 2016, it would be withdrawing its 14A, originally intended to increase the Authorized shares of the Company to 2,000,000,000. “The 14A as proposed was not in the best interest of the shareholders. Instead, the Company is looking at other, non-
Delgado added, “The Company is making good progress on the financing. Our primary goals are getting the payables and debt under control. In addition, I want to let the shareholders know the Company will be unable to make any further comments on the Brazilian transaction for a period of 30-
William J. Delgado, Chairman and Chief Executive Officer of Global Digital Solutions, Inc., Issues Shareholder Letter Regarding Recent SEC Developments and Current Status of Previously-
William J. Delgado, Chairman and Chief Executive Officer of GDSI, has released a letter to shareholders announcing the filing of an 8-
Delgado explained the Company filed an 8-
Delgado provided an update on the priority action items he first mentioned in his shareholder letter of May 15, 2016, saying GDSI’s management team has made good progress on cleaning up the Company’s balance sheet and becoming current with our public filings. He said more specific details on this should be announced sometime in September.
Regarding the announced review of the Company’s strategic alternatives, including recent negotiations and agreements with GDSI’s announced acquisition, Delgado said he, V.P. of Business Development, Ross Trevino, and advisory board member, Matt Kelly, have made substantial progress on this priority project. The CEO stated, “Unfortunately, we are unable to provide details at this time, both for legal and strategic reasons. I look forward to disclosing our information to you at the appropriate time. Rest assured our management team, including Chief Financial Officer, Jerry Gomolski, and Chief Technology Officer, Gary Gray, are working hard to get all of the work completed.”
Delgado closed by observing, “This summer has been one of the most challenging periods of my entire career. Please know there are significant financial and legal hurdles still in our path; we will be relying on our management experience and will require outside help, i.e. financing, in order to achieve our goals. Your understanding and support is greatly appreciated.”