Gut feeling here, they’re waiting for a monster and throwing back the little fishes. This SS is very rare.

The 350M shares you mention are $245K at .0007 this is a micro amount.

Fully diluted with all 3B (which is not the case) then market cap would be only $2.1M at .0007.

These are facts.

Why do you suppose the OS has only risen 350M? Could it be that the lion’s share of the offering won’t be issued until the revenues are secure and growing? What could the SP rise to in the meantime if that were to be case? OTC is always risky, that’s just the nature of micro cap investing. GL

Market Cap Market Cap
473,598
04/22/2024

https://www.otcmarkets.com/stock/GMZP/security

Outstanding Shares
1,183,994,694
04/22/2024


818,994,694 as of December 31, 2022
6,101,624,694 as of December 31, 2021

^^ This is not dumping heavily friend. This is a massively reduced OS which has then increased very little.

Big move can come on contract details imo. Also they said regular updates on that small build, could be finished already. Would be nice to see a finished prototype.

I wish it were different but they need to buy those shares back asap. If 500M shares hit the tape today this would be no bid imo.

I did a quick scan of the quarterly just filed a few days ago, don't see anything different but did not do a deep dive on it. I wonder when something will happen here.

That speaks volumes about the company smh. Sorry to hear. GL friend.

I had to read that twice to make sure my eyes weren’t deceiving me… wow. Have you tried asking the company if they want to buy them from you?? Wowwwww

I think this can go to pennies in one session… All depends disclosures. GL

Red to green possible wow

Interesting, thank you. I had not considered the possibility that Veemost might derive a majority of its current revenue from government contracts either directly or indirectly. It does make sense to me that could be the case.

Exactly. This could run to dime land or higher on OTCQB for all we know at this point. Or it could collapse to no bid on the EM. We won’t know until we know. Everything depends on what the company does. This is the OTC folks! Sometimes amazing things happen. Don’t invest more than you can afford to lose. Simple as that.

Agreed. I think it’s also worth considering that Veemost is in a natural transition stage as a company. I believe the future is very bright for GDVM.

I'm not sure I would characterize this situation as declining revenue. The term declining usually means something a bit more gradual or measured but this is a massive collapse in revenue if you look at it quarter over quarter. It's not a moderate decline. My gut instinct is that for whatever reason the majority of the revenue gets booked in the first half of the fiscal year, due to the business model. But I don't have any industry specific or company specific insight to back that up. It just doesn't make sense to me logically because otherwise the collapse does not make any sense after 20 years of being in business. If Q1 and Q2 2024 roll around and GDVM posts $200k revenue per quarter then I'll admit I was wrong.

Around 300M traded mostly at .0003 past couple of months, O/S tiny here that is around a third of the total outstanding. Something is going on here. This volume of shares changing hands on a 1.2B o/s at .0003 is pretty unusual from my experience. Either there is a ton more dilution coming and this thing is going to no bid and do a giant R/S, or somebody is loading this up for a push back up. It seems like a waste to just dilute it to death down here but OTC companies do stupid things.

Good post. Price to sales ratio is a simple but perfectly reasonable way to evaluate companies based on industry and competitor data.

This moves like a 100M float haha

Same here. Hahalolo FTW

Like I said don’t take my word for it. I have no reason to debate. GL and go FBEC

Great opportunity for hahalolo to shock the otc if they deliver. Gltu

Right. I'm hearing those restrictions may be lifted on other brokers today. GL

Hahaha G-O-N-E hahahahaha thank you shajandr a little comic relief makes my bag feel a little less heavy.

Looks ready to me

Hearing this issue was resolved for some others today allowing buys. Don’t take my word for it but sounds like this may have got fixed.

Increasing the DTC count without revenue coming in is not ideal. Need contracts announced.

No revenue and issuing shares left and right. Not exactly the best approach for a rising stock price. We need a sun protected genie to appear here.

Looks like FBEC is going up.

Nice limited chatter and noise even though the price is starting to stair step upward. Filings could be a huge catalyst here. Go Hahalolo!

Ah TY surfkast

It’s interesting to me they got it removed despite no revenue? I don’t fully understand otc’s compliance rules around the shell designations.

Shell risk badge removed?

I believe you. Brokers are all over the map in OTC’s with their boneheaded arbitrary inconsistency. We have good companies like Veemost dealing with ridiculously arbitrary otcm compliance nuances and then there’s a layer of broker inconsistency and then another layer of regulatory FINRA, etc. Probably more. Meanwhile stupid bullshit memecoin crypto vaporware just skirts any and all rules. As an OTC purist, it’s all pretty infuriating. I think the good companies will rise through the BS though. Go Melvin.

I could be wrong but I think what you’re seeing with those fills between the spread can be explained by L2 doesn’t show bids or asks of less than 10K shares so hypothetically there could be a bunch of small size orders living in no mans land at any given time.

They have 120 days from end of FY to post annual report according to limited info pink disclosure rules, I think. So annual report by end of April should be forthcoming to avoid EM risk. Correct?

If 4,000 people (plus acquaintances, friends, family, etc.) all buy even just a million shares each… Hahalolo will light the OTC up like wildfire.

I follow another pink sheets RM that reduced/canceled a ton of restricted commons. But a smaller SS is just a bonus the real driver is the revenue and growth. Another otc that exploded this week to penny range from low dubs has 7.5B unrestricted so I don’t think the SS here is a critical issue.

Haha thats pretty funny ngl

Uplift to OTCQB seems to me like it would be a logical intermediary step. I think that would be a very positive development if they did that.

I have learned the hard way not to get too emotionally invested in stocks. That said, I would not be surprised to see this this stair step to .005 and then explode higher on announcements/filings. It’s a potential recipe for a move to silver here imo.

Sure looks that way