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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Global Digital Solutions Inc (CE) | USOTC:GDSI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.00 | 01:00:00 |
FOLSOM, Calif., Nov. 28, 2011 /PRNewswire/ -- Global Digital Solutions, Inc. (GDSI.PK), a leader in telecom engineering and consulting for telecom infrastructure services, announced today over $29 million in outstanding job bids.
The bids range from a highest of $7,257,398 to a low of $25,000. All the bids lie in the core of Global's technical expertise and the company expresses a high degree of confidence that a significant percentage of the job bids with be awarded. It should be noted that Global has partners on many of these projects, and so even if 100% of all bids are awarded, Global would not realize the entire $29,000,000 in revenues. All of these job bids are for projects within California.
"We have a significant portfolio of job bids outstanding with very large telecommunications carriers," commented J.L. "Jerry" Gruben, Vice President-Operations of Global Digital Solutions. "We have recently been awarded some projects and we hope to announce some details of these awards including final numbers after contracts are completed."
About Global Digital Solutions, Inc.:
Global Digital Solutions provides engineering and consulting services to Local Exchange Carriers, Long Haul Fiber Optic Carriers, Fortune 1000 companies as well as Federal, State, and Local governments. For more information please visit http://www.gdsi.co.
Statements about the company's expectations, including revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward looking statements.
Contact:
W.J. Delgado
(916) 838-8833
info@gdsi.co
SOURCE Global Digital Solutions, Inc.
Copyright 2011 PR Newswire
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