Pages

Wednesday, May 23, 2012

Global Digital Announces Conversion of Outstanding Debt by Key Shareholders

Approximately $1.1 Million of Debt to be Converted to Equity @ $.50/Share FOLSOM, Calif., May 23, 2012 /PRNewswire/ -- Global Digital Solutions (GDSI.PK) announced today that the company has reached agreement with five key shareholders regarding the conversion of approximately $1.1 Million of debt into equity. The debt being converted ranges from approximately $50K per individual shareholder up to $600K. The debt is being converted at $.50/share. The shares being issued will bear restrictive legen...continued
 

No comments:

Post a Comment