Global Digital Solutions Inc. (GDSI)
Announces Engagement of New Auditor
GDSIs CEO, William Delgado, also provides updates on other
current issues
West Palm Beach, FL - July 14, 2017 - InvestorsHub NewsWire
- Global Digital Solutions, Inc. (OTC:GDSI), a company that is
positioning itself as a leader in comprehensive security and
technology solutions, announced, effective July 13, 2017, that the
Board of Directors of the Company has dismissed the auditing firm
of PMB Helin Donovan and subsequently engaged Turner Stone and
Company, Dallas, TX. The Company had no issues relating to the
performance of the PMB Helin Donovan audits or any disagreements
with their accounting practices and decisions. Additional
information will be forthcoming in an 8K.
William Delgado, CEO, commented, This is the first step in
getting the Company SEC-compliant and fully-reporting. Jerry
Gomolski, our CFO, has been working on the Companys financials in
preparation of this engagement. Also, I expect to finalize an
agreement with an accounting and reporting consultant to assist
Jerry in the preparation of the documents within the next week or
two. Additional information concerning our progress on all fronts
will be disseminated over the next few weeks.
About Global Digital Solutions, Inc.
Global Digital Solutions is positioning itself as a leader in
providing comprehensive security and technology solutions. On June
16, 2014, GDSI completed its acquisition of North American Custom
Specialty Vehicles (NACSV), a leading builder of mobile
command/communications and specialty vehicles for emergency
management, first responders, national security, and law
enforcement operations. For more information about GDSI, visit
http://www.gdsi.co.
About Turner Stone and Company
Turner Stone and Company provides audit and review attest
services to both private and public companies under United States
Generally Accepted Auditing Standards, Public Company Accounting
Oversight Board auditing standards, and International Auditing
Standards. In addition to our expertise in auditing financial
statements prepared in accordance with United States Generally
Accepted Accounting Principles (U.S. GAAP) we also have experience
in auditing foreign companies financial statements prepared in
accordance with International Financial Reporting Standards
(IFRS). In addition, we provide audit services to entities
requiring audits performed under Government Auditing Standards
including Housing and Urban Development (HUD) and Single audit
requirements. http://www.turnerstone.com.
Forward Looking Statements
This press release contains forward-looking statements. The
statements contained in this press release that are not purely
historical are forward-looking statements. Forward-looking
statements give the Companys current expectations or forecasts of
future events. Such statements are subject to risks and
uncertainties that are often difficult to predict and beyond the
Companys control, and could cause the Companys results to differ
materially from those described. In some cases forward-looking
statements can be identified by terminology such as may, should,
potential, continue, expects, anticipates, intends, plans,
believes, estimates, and similar expressions. These statements
include statements regarding moving forward with executing the
Companys global growth strategy. The statements are based upon
current beliefs, expectations and assumptions and are subject to a
number of risks and uncertainties, many of which are difficult to
predict. The Company is providing this information as of the date
of this press release and does not undertake any obligation to
update any forward looking statements contained in this press
release as a result of new information, future events or otherwise,
except as required by law. We have based these
forward-looking statements largely on our current expectations and
projections about future events and financial trends affecting the
financial condition of our business. Forward-looking statements
should not be read as a guarantee of future performance or results,
and will not necessarily be accurate indications of the times at,
or by, which such performance or results will be achieved.
Important factors that could cause such differences include,
but are not limited to the Risk Factors and other information set
forth in the Companys Annual Report on Form 10-K filed on March 30,
2015, and in our other filings with the U.S. Securities and
Exchange Commission.
Contact:
Gary Gray
561-515-6163
info@gdsi.co
