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Author Topic: GDSI - Global Digital Solutions, Inc. - OTCBB  (Read 14545 times)
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ejmully
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« Reply #15 on: January 05, 2016, 01:40:48 PM »

when we get the right news .0095 will be easy resistance to get through right?
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« Reply #16 on: January 05, 2016, 03:32:10 PM »

The impatient people who expected news by Monday are bailing out. They'll regret it once the merger is confirmed.
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« Reply #17 on: January 05, 2016, 04:55:52 PM »

when we get the right news .0095 will be easy resistance to get through right?

Right, it will run very easily to .03, maybe a little above, then maybe a small pull back, and, a second leg to around .10.
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« Reply #18 on: January 05, 2016, 04:56:53 PM »

The impatient people who expected news by Monday are bailing out. They'll regret it once the merger is confirmed.

Right, patience is the key here, the deal is done, even the profile of the company on several brokers, already includes Rontan. 
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« Reply #19 on: January 07, 2016, 06:03:18 PM »

GDSI gave two buy signals today, so it may break the PAR SAR tomorrow.
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« Reply #20 on: January 12, 2016, 03:54:34 PM »

It was not able to break the PAR SAR, and, it is trading sideways between the support at .0052 - .0051(double bottom), and, the resistance at .008(PAR SAR).
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« Reply #21 on: January 14, 2016, 04:46:20 PM »

It is holding strong much above the .0052 - .051 support, a breakout of the PAR SAR, today at .0077, can happen at any day now.
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« Reply #22 on: January 15, 2016, 04:06:12 PM »

Great close, holding strong.
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« Reply #23 on: January 20, 2016, 10:17:01 AM »

They have a lot of convertible debt coming due.  No closing date scheduled?  Looks like dilution will start soon.
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« Reply #24 on: January 20, 2016, 12:01:46 PM »

They have a lot of convertible debt coming due.  No closing date scheduled?  Looks like dilution will start soon.

I think that is all included in the deal to buy Rontan. I read somewhere that they paid some notes.
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« Reply #25 on: January 20, 2016, 12:23:29 PM »

Here is a list.  From 10Q in November.


        
September 30,
2015
 
Convertible note payable for $78,750 to LG Capital Funding, LLC (“LG Capital”) dated January 16, 2015, due January 16, 2016, of which $28,750 was repaid by conversion as of September 30, 2015, bearing interest at the rate of 8% per annum.  Note may be converted by LG Capital into shares of our common stock at a conversion price equal to a 40% discount of the lowest closing bid price for 20 prior trading days including the notice of conversion date. (1)(2)       $   50,000   
                
 Convertible note payable for $66,000 to JSJ Investments Inc. (“JSJ”) dated January 26, 2015, due January 26, 2016, of which $57,495 was repaid by conversion as of September 30, 2015. The note was issued with an original issue discount of $6,000 and bears interest at 10% per annum. The note may be converted by JSJ into shares of our common stock at a conversion price equal to the lower of (i) a 40% discount of the lowest trading price during the previous twenty (20) trading days prior to the date of conversion; or (ii) a 40% discount to the lowest trading price during the previous twenty (20) trading days before the date that the note was executed. (1)(2)           8,505   
                
 Convertible note payable for $35,000 to Adar Bays, LLC (“Adar Bays”) dated January 26, 2015, due January 26, 2016, of which $22,250 was repaid by conversion as of September 30, 2015, bearing interest at the rate of 8% per annum. The note may be converted by Adar Bays into shares of our common stock at a conversion price equal to a 40% discount of the lowest closing bid price for 20 prior trading days including the notice of conversion date. (1)(2)           12,750   
                
Convertible note payable for $250,000 to JMJ Financial (“JMJ”) of which $82,500 was deemed funded on January 28, 2015 and $27,500 was deemed funded on April 20, 2015, of which $40,930 was repaid by conversion as of September 30, 2015. The note was issued with an original issue discount of 10% of amounts funded. The principal amount matures 24 months from the date of each funding, has a one-time 12% interest charge as it was not repaid within 90 days of the effective date, and is convertible at any time at the option of JMJ into shares of our common stock at the lesser of $0.075 per share or 60% of the average of the trade price in the 25 trading days prior to conversion. JMJ has the option to finance additional amounts up to the balance of the $250,000 during the term of the note. (1)(2)(3)
        69,070   
                
Convertible note payable for $250,000 to Vista Capital Investments, LLC (“Vista”) of which $55,000 was deemed funded on February 9, 2015 and including an additional $10,000, which became due in the three-months ended September 30, 2015 as a result of the conversion price dropping below $0.01, and of which $35,265 was repaid by conversion as of September 30, 2015.  The note was issued with an original issue discount of $5,000. The note matures 24 months from the date funded, has a one-time 12% interest charge as it was not repaid within 90 days following the issuance date and may be convertible at the option of Vista at any time after the issuance date into shares of our common stock at the lesser of $0.10 per share or 60% of the lowest trade occurring during the twenty five (25) consecutive trading days immediately preceding the applicable conversion date on which the holder elects to convert all or part of the note, subject to adjustment. Vista has the option to finance additional amounts, up to the balance of the $250,000, during the term of the note. (1)(2)(3)           29,735   
                
Convertible note payable for $115,000 to KBM Worldwide, Inc. (“KBM”) dated February 17, 2015, due February 17, 2016, of which $105,670 was repaid by conversion as of September 30, 2015. The note was issued with an original issue discount of $11,000 and bears interest at 8% per annum. The note is convertible at a price per share equal to 61% of the average of the lowest three trading prices of our common stock during the 10 trading days prior to conversion. If, at any time the note is outstanding, we issue or sell, or are deemed to have issued or sold, any shares of our common stock in connection with a subsequent placement for no consideration or for a consideration per share based on a variable price formula that is less than the conversion price in effect on the date of such issuance of shares of our common stock, then the conversion price will be reduced to the amount of the consideration per share received for such issuance.(1) (2) (4)
        9,330   
                
Convertible note payable for $68,000 to EMA Financial, LLC (“EMA”) dated February 19, 2015, due February 19, 2016, of which $22,819 was repaid by conversion as of September 30, 2015. The note was issued with an original issue discount of $6,800 and bears interest at 10% per annum.  The note is convertible into shares of our common stock at a price per share equal to the lower of either (i) the closing sale price of our common stock on the day prior to the closing date, and (ii) 60% of the lowest trade price of our common stock during the twenty five (25) consecutive trading days prior to conversion.(1)(2)           45,181   
                
 Convertible note payable for $220,000 to Tangiers Investment Group, LLC (“Tangiers”) of which $82,500 was deemed funded on March 10, 2015, due March 8, 2016, of which $45,000 was repaid by conversion as of September 30, 2015. The note was issued an original issue discount of 10% of amounts funded and bears interest at the rate of 10% per annum. The note is convertible at any time into our common stock, at Tangiers's option, at a conversion price equal to the lower of $0.04 or 60% of the lowest trading price of our common stock during the twenty consecutive trading days prior to the date on which Tangiers elects conversion. Tangiers has the option to finance additional amounts, up to the balance of the $220,000, during the term of the note. (1) (2)           37,500   
                
Convertible note payable for $50,000 to Vis Vires Group Inc. (“Vis Vires”) dated April 3, 2016 bearing interest at 8% per annum, due April 2, 2016.  The note is convertible at a price per share equal to 60% of the average of the lowest trading price of our common stock during the 20 trading days prior to conversion.(1) (2) (4)           50,000   
                
Total convertible notes payable with embedded derivative liability       $   312,071   
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« Reply #26 on: January 20, 2016, 03:22:02 PM »

Ok, now I remember, I've read this, and, I memorized the partial payments they did.
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« Reply #27 on: January 25, 2016, 09:23:15 AM »

Good news now would be great, because, despite the strong support at .0052 - .0051, the charts are flat. It needs momentum to break the resistances, the MA50 and the PAR SAR, on the daily chart.
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« Reply #28 on: January 26, 2016, 01:05:20 PM »

Probably GDSI has broken the PAR SAR with this trade at .0065. The run may be immiment.
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« Reply #29 on: January 26, 2016, 01:25:38 PM »

PAR SAR was broken, and, also the MA50.
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