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Shareholder Advisory: Global Digital Solutions (GDSI) Explains to Shareholders that, Due to Unfortunate Circumstances, the Estate of a Major Investor and Shareholder Who Passed Away Last December Has Liquidated Several Million Shares of GDSI Stock Over Th
Shareholder Advisory: Global Digital Solutions (GDSI) Explains to Shareholders that, Due to Unfortunate Circumstances, the Estate of a Major Investor and Shareholder Who Passed Away Last December Has Liquidated Several Million Shares of GDSI Stock Over Th.
About this update from Global Digital Solutions, Inc.
[{"type":"text","content":"\n\n\n\nShareholder Advisory: Global Digital Solutions (GDSI) Explains to Shareholders that, Due to Unfortunate Circumstances, the Estate of a Major Investor and Shareholder Who Passed Away Last December Has Liquidated Several Million Shares of GDSI Stock Over The Past Several Months Causing Downward Pressure on GDSI's Stock Price\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nShareholder Advisory: Global Digital Solutions (GDSI) Explains to Shareholders that, Due to Unfortunate Circumstances, the Estate of a Major Investor and Shareholder Who Passed Away Last December Has Liquidated Several Million Shares of GDSI Stock Over The Past Several Months Causing Downward Pressure on GDSI's Stock Price\nExpressing sympathy for the shareholder's family, the Company is pleased their financial goals and needs have been addressed during this difficult time and expresses confidence that GDSI's stock price will recover in due course - the Company expects to report to shareholders regarding the outlook for 2015 in the near future\nPR Newswire\nPALM BEACH, Fla., Nov. 20, 2014\n\n\n\nPALM BEACH, Fla., Nov. 20, 2014 /PRNewswire/ -- Global Digital Solutions, Inc. (OTCQB: GDSI), a company that is positioning itself as a leader in providing cyber arms manufacturing and complementary security and technology solutions, today issued a shareholder advisory explaining that the estate of one of the Company's major investors and shareholders has liquidated several million shares of GDSI stock over the past several months causing downward pressure on the Company's stock price.  The Company believes the worst of that downward pressure is now over.   \n\n\"We were deeply saddened by the passing last December of one of our earliest investors and largest shareholders,\" said Richard J. Sullivan, GDSI's President and CEO.  \"This shareholder loaned $750,000 to help launch GDSI and he was so supportive of our growth strategy that he later converted that loan into a large equity stake.  We want to express our deepest sympathy to his loved ones and we're pleased their financi...