FOLSOM, Calif., June 21, 2012 /PRNewswire/ -- Global Digital Solutions, Inc. (GDSI.PK), a leader in telecom engineering and consulting services announced today that it is has begun the process of moving the company from the OTC Pink Sheets to the OTC Markets QB Exchange.

The company is current with its reporting obligations under the OTC Markets requirements. The quarter that ended March 31, 2012 was recently filed on May 21, 2012 and is available along with all the company's financial results on the OTC Markets website.

As part of the listing process, Global Digital has retained the services of PMB Helin Donovan to audit the company's financial statements. PMB Helin Donovan is a PCAOB registered auditor doing business in over 30 countries. Upon completion of the audit, Global Digital intends to move expeditiously to file an S-1 registration statement with the United States Securities and Exchange Commission to become a fully reporting company.

W.J. "Bill" Delgado, Chief Executive Officer of Global Digital Solutions remarked, "We are very happy to deliver this exciting news to our loyal shareholders. We want to improve our creditability and transparency for our current and future shareholders. This new level of transparency should enable shareholders to closely follow Global Digital's future achievements."

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:

William Delgado

(916) 838-8833    

info@gdsi.co                          

                       



SOURCE Global Digital Solutions, Inc.

Copyright 2012 PR Newswire

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