This is what Wingnut Welfare Looks Like.
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.
Brown is not the only high-profile politician the company has recruited to boost its profile. Global Digital announced in April 2013 that Jennifer Carroll had become a senior adviser, a month after she resigned as Florida’s lieutenant governor after investigators questioned her about her involvement in an Internet sweepstakes operation.
Carroll is now listed as the company’s “future president and chief operating officer.”