UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-Q/A



|(Mark One)                                                                                
|------------------------------------------------------------------------------------------
|☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 
|For the quarterly period ended September
        30, 2014                                 
|☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



|For the transition period from _____________
        to  _____________
|----------------------------------------------------------------------
|Commission File Number: 000-26361                                     



|Global Digital Solutions, Inc.                        
|------------------------------------------------------
|(Exact name of registrant as specified in its charter)



|New Jersey                                                                |  | 22-3392051                                                  
|------------------------------------------------------------------------- |  | ------------------------------------------------------------
|(State or other jurisdiction of incorporation
        or organization)    |  | (I.R.S. EmployerIdentification No.)                         
|777 South Flagler Drive, Suite 800 West
        West Palm Beach, FL 33401 |  | (561) 515-6163                                              
|(Address of principal executive offices,
        including zip code)      |  | (Registrant’s telephone number,
        including area code)



|Not Applicable                                                                    
|----------------------------------------------------------------------------------
|(Former name, former address and former fiscal year, if changed since last report)



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  ☒  No ☐



Indicate by check mark whether the registrant
has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months
(or for such shorter period that the registrant was required to submit and post such files).

Yes
 ☒  No ☐



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2
of the Exchange Act.



|Large accelerated filer                       | ☐ | Accelerated filer         | ☐
|--------------------------------------------- | - | ------------------------- | -
|Non-accelerated filer                         | ☐ | Smaller reporting company | ☒
|(Do not check if a smaller reporting company) |   |                          



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒



The number of shares outstanding of each of
the issuer’s classes of common stock as of the close of business on November 6, 2014
is as follows:



|Class                          |  | Number of Shares
|------------------------------ |  | ----------------
|Common Stock: $0.001 Par Value |  | 106,104,352     




















GLOBAL DIGITAL SOLUTIONS, INC.



TABLE OF CONTENTS



|Item 6. | Exhibits.  | 4
|------- | ---------- | -
|        |            |  
|        | Signatures | 5





2









EXPLANATORY NOTE



This Amendment No.
1 on Form 10-Q (the "Amendment") amends the cover page of the Quarterly Report for Global Digital Solutions, Inc. (the
"Company") on Form 10-Q for the quarterly period ended September 30, 2014, filed with the Securities and Exchange Commission
(“Commission”) on November 7, 2014 (the "Original Report").



The Company is filing
this Amendment to correct its response to the following notes on the cover page which should have been check marked “Yes”
but which were check marked “No” in the Original Report, as follows:



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒  No  ☐



Indicate by check mark whether the
registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to
be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding
12 months (or for such shorter period that the registrant was required to submit and post such files). Yes
☒   No ☐





3







|Item 6. | Exhibits.
|------- | ---------



We have listed the exhibits by numbers corresponding
to the Exhibit Table of Item 601 in Regulation S-K on the Exhibit list attached to this report.





4







SIGNATURE



Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.



|                       | Global Digital Solutions, Inc.
        (Registrant)
|---------------------- | ---------------------------------------------------
|                       |                                                    
|Date: January 16, 2015 | By:                                                
|                       |                                                    
|                       |                                                    





5







|INDEX TO EXHIBITS
|-----------------
|                 
|Exhibit No.      
|31.1*            
|31.2*            
|32.1**           



|*  | Filed herewith.    
|-- | -------------------
|** | Furnished herewith.





6