EFDID: 303603EFD: Raw Data

Issuer: GMI-BDS, LP (0001765835) - D/A

Accession: 0001765835-19-000004 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Mar. 6, 2019
EFD Posted: Mar. 6, 2019
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D/A </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001765835 </ cik >
  < entityName > GMI-BDS, LP </ entityName >
- < issuerAddress >
  < street1 > 251 O'CONNOR RIDGE BLVD., SUITE 100 </ street1 >
  < city > IRVING </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75038 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 972-759-8725 </ issuerPhoneNumber >
  < jurisdictionOfInc > TEXAS </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Partnership </ entityType >
- < yearOfInc >
  < withinFiveYears > true </ withinFiveYears >
  < value > 2018 </ value >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > William </ firstName >
  < lastName > Glass </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 251 O'CONNOR RIDGE BLVD., SUITE 100 </ street1 >
  < city > Irving </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75038 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Gentry Mills Capital, LLC, which is owned by Mr. Glass, owns the general partner of the issuer and is the initial limited partner of the issuer </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Scott </ firstName >
  < lastName > Palmer </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 251 O'CONNOR RIDGE BLVD., SUITE 100 </ street1 >
  < city > Irving </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75038 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other Real Estate </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > true </ isAmendment >
  < previousAccessionNumber > 0001765835-19-000003 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2019-02-04 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Bobby K Cowand </ recipientName >
  < recipientCRDNumber > 2317710 </ recipientCRDNumber >
  < associatedBDName > Coastal Equities </ associatedBDName >
  < associatedBDCRDNumber > 23769 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 9600 Escarpment Blvd, Ste. 745-236 </ street1 >
  < city > Austin </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 78749 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NY </ state >
  < description > NEW YORK </ description >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Ty Bauer </ recipientName >
  < recipientCRDNumber > 2150885 </ recipientCRDNumber >
  < associatedBDName > Alexander Capital </ associatedBDName >
  < associatedBDCRDNumber > 40077 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 17 State Street, 5th Floor </ street1 >
  < city > New York </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10004 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > IL </ state >
  < description > ILLINOIS </ description >
  < state > MS </ state >
  < description > MISSISSIPPI </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Richard Goodwin </ recipientName >
  < recipientCRDNumber > 2332035 </ recipientCRDNumber >
  < associatedBDName > Titan Securities </ associatedBDName >
  < associatedBDCRDNumber > 131392 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 16775 Addison Road, Suite 202 </ street1 >
  < city > Addison </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75001 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Charles Huffington </ recipientName >
  < recipientCRDNumber > 844086 </ recipientCRDNumber >
  < associatedBDName > Calton and Associates </ associatedBDName >
  < associatedBDCRDNumber > 20999 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 8304 Briarwood Lane </ street1 >
  < city > Austin </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 78757 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Kenneth Harter </ recipientName >
  < recipientCRDNumber > 1448027 </ recipientCRDNumber >
  < associatedBDName > Calton and Associates </ associatedBDName >
  < associatedBDCRDNumber > 20999 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 8604 Berry Patch Lane </ street1 >
  < city > Roland </ city >
  < stateOrCountry > AR </ stateOrCountry >
  < stateOrCountryDescription > ARKANSAS </ stateOrCountryDescription >
  < zipCode > 72135 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > AR </ state >
  < description > ARKANSAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Michael Ihrie </ recipientName >
  < recipientCRDNumber > 1394615 </ recipientCRDNumber >
  < associatedBDName > Calton and Associates </ associatedBDName >
  < associatedBDCRDNumber > 20999 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 5611 Central Ave, Suite C </ street1 >
  < city > Hot Springs </ city >
  < stateOrCountry > AR </ stateOrCountry >
  < stateOrCountryDescription > ARKANSAS </ stateOrCountryDescription >
  < zipCode > 71913 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > AR </ state >
  < description > ARKANSAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 23630272 </ totalOfferingAmount >
  < totalAmountSold > 1836156 </ totalAmountSold >
  < totalRemaining > 21794116 </ totalRemaining >
  < clarificationOfResponse />
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 22 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 1890422 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > In addition, broker dealers will share in a portion of the issuer distributions, and issuer may pay or reimburse to broker dealers certain marketing and other expenses, and may pay an additional 0.3% non-accountable marketing allowance </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 1654119 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse > Amount shown is payable to the issuer's general partner, to be shared equally by such persons. In addition, the issuer will pay offering and other cost reimbursements and bridge loan repayments to or for such persons or the general partner. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > GMI-BDS, LP </ issuerName >
  < signatureName > William P. Glass </ signatureName >
  < nameOfSigner > William P. Glass </ nameOfSigner >
  < signatureTitle > Manager, GMI-BDS GP, LLC, general partner of the issuer </ signatureTitle >
  < signatureDate > 2019-03-06 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Mar. 6, 2019
EFD Posted: Mar. 6, 2019