The Man Who Wants to Buy the Biggest U.S. Gun Maker Doesn't Own a Gun

[friendly_iconoclast]

10. "Scott Brown lent his name to a shady company for stock worth 1.3 million at the time"

www.democraticunderground.com/10025034398

http://www.bostonglobe.com/news/nation/2014/05/31/scott-brown-senate-candidate-got-big-stock-grant-from-tiny-florida-firm/igw9q08npW9vjJAkHyjg7N/story.html

Scott Brown got big stake in obscure Florida firm
For advisory role, an award with initial worth of $1.3m

By Noah Bierman and Todd Wallack | Globe Staff June 01, 2014


An obscure company in West Palm Beach that markets itself as a firearms manufacturer made a splashy announcement last summer: It was appointing Scott Brown, the former Massachusetts senator, to its advisory board.

Not revealed at the time was what Brown received in exchange for lending his name to the venture. But a report the company made to the Securities and Exchange Commission last month, which has not been previously made public, shows that Brown received stock that was worth $1.3 million at the time. Its value has declined considerably since then, as the stock price has fallen by half.

Global Digital Solutions Inc. does not yet sell or make guns. It has no revenue, no patents, no trademarks, no manufacturing facilities, and no experience developing weapons, according to its most recent corporate filings.

It was founded as a beauty supply company in New Jersey — selling hair spray, conditioners, and shampoos, before reinventing itself as a wireless data firm from California and then again last year as a South Florida-based firearms maker and gun technology innovator.

I'm sure this is all fine and dandy with the OP- after all, the reigning sugar daddy/kingmaker
of the gun control movement endorsed Brown over Elizbeth Warren...