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.