Global Digital Solutions, Inc. (GDSI: OTC Pink Limited) | IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Global Digital Solutions Inc. and Encourages Investors with Losses to Contact the Firm

OTC

IMPORTANT SHAREHOLDER ALERT: Khang Khang LLP Announces Securities Class Action Lawsuit against Global Digital Solutions Inc. and Encourages Investors with Losses to Contact the Firm

Aug 25, 2016

OTC Disclosure News Service

Khang Khang LLP (the “Firm”) announces a class action lawsuit was
filed against Global Digital Solutions Inc. (“Global Digital” or the
“Company”) (Other OTC: GDSI). Investors who purchased or otherwise
acquired shares between October 8, 2013 and August 12, 2016 inclusive
(the “Class Period”), are encouraged to contact the Firm prior to the October
24, 2016 lead plaintiff motion deadline
.

If you purchased shares of Global Digital during the Class Period,
please contact Joon M. Khang, Esquire, of Khang Khang, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification
occurs, you are not represented by an attorney. You may choose to take
no action and remain a passive class member.

The complaint alleges that during the Class Period, Global Digital made
false and/or misleading statements and/or failed to disclose that:
Airtronic USA, Inc.’s original equipment manufacturer supplier agreement
that Global Digital disclosed in its October 2013 press releases did not
exist; that the Company failed to remove misleading statements from its
website even after repeated requests to do so from the CEO of Airtronic;
that Global Digital lacked a reasonable basis for its revenue projection
for 2014; that the Company had no credible financing to acquire any
company; that Global Digital received various communications indicating
Remington Outdoor Company, Inc. had no interest in Global Digital’s
unsolicited acquisition offer; that Remington had already rejected
Global Digital’s offer on several occasions; and that as a result of the
above, the Company’s statements about its business, operations and
prospects were materially false and misleading and/or lacked a
reasonable basis at all relevant times. When this news was announced,
Global Digital shares fell in value, causing investors harm.

If you wish to learn more about this lawsuit, or if you have any
questions concerning this notice or your rights, please contact Joon M.
Khang, a prominent litigator for almost two decades, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some
jurisdictions.

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