Golden Valley Development Inc (GVDI)

[Iglatend]

GVDI - DD - I have been very quietly watching and accumulating GVDI the last 3 months...this line from their most recent S-8 really says all that needs to be said in regards to the potential to run here:
"We are authorized to issue 75,000,000 shares of common stock, and we have no other classes of shares. Currently we have 42,400,000 shares outstanding. We have no options or warrants outstanding."

Key is no options or warrants.

Then, take a look at their most recent 10-Q. Their operating expense per quarter is just over $6,000. That looks like just paying the accountant to prepare and file with the SEC. There is less than 80K in liabilities. This is an amazingly clean SEC reporting shell! Reading the 10-Q, it is obvious their business is done in my opinion and what you have left is a shell that a multi-million dollar a year company will merge into. All my opinion of course but you don't run across a situation this beautiful too often. Been doing this for many years now and situations like this don't come up very often. A fully reporting SEC company with only 75 million authorized shares and no warrants or options outstanding with under 100K liabilities is UNHEARD of. If a private company that wants to go public hasn't discovered this shell yet, they will soon.
All my opinion, do your own DD.