DevMar Equities Inc (DEVM)

[i_like_bb_stock]

do we know what is holding us back from being current?

[goingUPagain]

great dd as usual!!

[Timing101]

The Metro, an all-studio apartment building, breaks ground in the EDGE District
It is on Schedule to be completed this year and leasing into start of 2023
The Metro, a 100-unit all-studio apartment complex as seen from Baum Avenue
THE METRO, A 100-UNIT ALL-STUDIO APARTMENT COMPLEX AS SEEN FROM BAUM AVENUE

The Metro, a seven-story, 100-unit apartment complex featuring fully furnished studio apartments, broke ground last week in downtown St Pete’s highly walkable and in-demand EDGE District. The $23.9 million development at 1st Avenue North and 11th Street North will cater towards city-dwellers who want to be close to the action downtown, but don’t need an abundance of living space.

Studios at The Metro will start at $1,450 per month and will come furnished with a Murphy bed, sofa, coffee table, a wi-fi enabled TV, and a washer and a dryer. As of now, it will be the only fully furnished apartment community in downtown St. Pete.

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The Metro will be located at the corner of 11th Street and 1st Avenue North in St. Pete
THE METRO WILL BE LOCATED AT THE CORNER OF 11TH STREET AND 1ST AVENUE NORTH IN ST. PETE

St. Pete Rising first reported on The Metro in early 2021 after Michigan-based DevMar Development pivoted from their original plan to build an eleven-story Marriott hotel on the 0.44-acre vacant lot. DevMar cited both the challenge of getting hotel financing due to the COVID-19 pandemic and the opportunity to meet newly increasing demand for studio units and car-free living in this part of the city.

The Metro will be DevMar’s second project in St. Pete. In the second quarter of 2020, construction wrapped on Vantage, an eleven-story 211-unit apartment building, located at 114 16th Street North, which is currently 100% occupied. Next year, Pure Martini Bar will debut on the ground floor of the building.

“We are very excited to have begun construction of The Metro with the same development team that just completed Vantage," said Mark DeMaria. "The Metro is boutique luxury studio apartment community situated right in the center of the EDGE District, and we’re looking forward to offer this unique living experience to St. Pete.”

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THe Metro broke ground last week in the EDGE District of downtown St. Pete
THE METRO BROKE GROUND LAST WEEK IN THE EDGE DISTRICT OF DOWNTOWN ST. PETE

Michigan-based Fusco Shaffer & Pappas will serve as the project’s architect and Tampa-based KAST Construction has been hired as the general contractor.

When completed, in addition to the 100 residential units, The Metro will have 754 square feet of retail space on the ground floor, along with a dog park, landscaped patio facing Baum Avenue, and an outdoor pool with cabanas and grills. Residents will also have access to an on-site fitness center, game room, and business center.

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The Metro, a 100-unit all-studio apartment complex as seen from 1st Avenue North
THE METRO, A 100-UNIT ALL-STUDIO APARTMENT COMPLEX AS SEEN FROM 1ST AVENUE NORTH

Notably, in lieu of traditional parking, there will be covered storage for 102 bikes and an off-site valet lot for residents. For most residents, a car will be unnecessary - St Pete favorites like Bodega, Green Bench Brewing Company, Intermezzo Coffee & Cocktails, Grassroots Kava House, and Ferg’s Sports Bar, to name just a few, are mere blocks away.

Walk Score awards the prime location in the heart of the EDGE District a Walk Score of 85 and Bike Score of 96, noting that most errands can be accomplished on foot and daily errands can be completed on a bike.

DevMar Development closed on the site in January 2020 for $3 million. In early August of this year, a $16.1 million construction loan was secured through Dallas-based HALL Structured Finance.

The Metro, now officially under construction, is expected to be completed in early 2023.

[goingUPagain]

Devm: Let us see pink current status this week!!!!

[goingUPagain]

I appreciate all your dd & valuable insights about Devm.. great they have a plan!! I Also hope they keep the os the same & public float.. they can issue( or maybe already have) preferred shares to mgmt. .. just so they do not dilute shares.. which so many otc stocks are prone to do… and thus kill a run.. but if they have millions in their coffers.. no need to have dilution.. timing.. you know much more than I do at this point: first devm needs to get current& 2. We then need an update from ceo& mgmt! Some have been in Devm for years.. I am new .. wish I got in .. in the trips.. yet .. if Devm can do multi- millions in biz.. .. low cents per share are not much if we see dollars per share down the road.. I am glad Florida is where they are doing business…

[Timing101]

some do not know all the history or reasons why, such as why Rick Baker is there.
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He is Mr Florida, President of Florida U when he was there (class President), author about how Florida Metro Cities should grow (many books) , Past Mayor of St. Pete Florida , his mission is to go from City to City , perfect set up to promote this type of Living and Now St. Pete has REAL MODELS to look at . The St. Pete Vantage which is done and THE METRO which should be over 50% done now.
--
They have a plan

[goingUPagain]

Good point! I think they will.. There is a reason they are going public.. just hope ceo& team take preferred shares& leave os & float where they are presently.. I called their number & told them that in a voice message.. if they listen.. we could be in for a fun upwards pps!! Jmho.. cause if they do not credibility is lost…

[canes1964]

Agree but they got to get their filings up-to-date

[goingUPagain]

Today is 4th of July! My thanks to all in the distant & near past who secured freedom for our country! I am also glad that Devm is doing business , mainly, in Florida.. the best state, economically, of all the states, with a $20 billion surplus! May the company& we shareholders of Devm have much success! Glta!!

[goingUPagain]

Devm could trade at $5 pps if management executes properly..

[goingUPagain]

Happy 4th to all!!

[Johahn]

Thanks for all the The DD work. Have been holding for a year now myself and liked the potential then, love the potential now as we see more developments. Have a good weekend!

[goingUPagain]

I did .. impressive website!

[Timing101]

Click on the link below (more posts) and go back to Jan of this year , plenty of DD
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Bottom line Covid stopped one of their projects that was hotel related with Marriott last year and they had to restructure . Go their website and click on the articles is a good source for people new
--

[goingUPagain]

Devmar looks good .. why was Devm on the expert market.. new to Devm…

[Timing101]

Scuba-D agreed, Devmar has become the St. Pete top builder and soon to be with the other Florida projects for the entire State
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My belief as you have been here as long as I have, is that Mark D and Team are legally changing the format of Devmar, it shows just by moving their offices, updating the entire OTC profile to show those changes and now associating the entire Devmar name by putting the main website on the profile . All good indications, plus they are due for another disclosure soon , so buckle up.
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As far as the Share Price goes , it only went down on a few shares traded yesterday is all. One can hit the ask and it will POP right back up, that is how tight the share structure is here. One Catalyst(s) of validation and off it goes.
--

[Johahn]

Not if I’m top bidder ??

[goingUPagain]

If Devm dips below .03.. gonna grab some..,

[Scuba-D]

Wow a new bldng twice the size of Vantage! Nice.

[skichic]

Good post:)

[Timing101]

Well it depends on the eyes of the beholder.
--
a. Does he have his act together. As a business person yes his achievements and properties they have built shows that.
--
b. Is it taking some time for this DEVM . Yes it had re-originate out of the ashes after Covid took down the Marriott deal. So if one knows the history you know how they were setting up the legal side for ownership between the properties. All went to the way side.
-
c. Then here it comes all move to Florida, the OTC side had disclosures, addresses change , new projects start again and so forth. My read is that there is a LEGAL item going on and it is being set up to move ahead. I looking to see the next set of disclosures and what is holding up the Yield to Pink Current , has to be something Legal , so lets see.
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d. I do agree and have been here prior when this exploded... History will repeat itself shortly and I am ready .
--

[skichic]

If Mark DeMaria ever gets his sh,,,t together and gets his shell current and assets in it, we could have a $5.00+ stock here.

[Timing101]

new article, I like has Mark D CEO and even Rick Baker in it who has not been heard from much . This will be THREE Buildings just in St. Petersburg FL, Model for the rest of the Florida projects, they are on a roll. They will get the OTC updated !
https://stpetecatalyst.com/devmar-to-build-20-story-tower-near-vantage-st-pete/

[i_like_bb_stock]

yes it would be

[skichic]

That would certainly be nice!

[i_like_bb_stock]

yes agreed have been holding all mine since late 2018 still a big believer, I wish there was better communication between otcmarkets when there are issues

[skichic]

Well hopefully they take care of it soon. I think this could be one hell of a stock. Been loading a few shares, hate having to slap the Ask when there is a 40%+ spread.

[i_like_bb_stock]

attorney letters are only needed for the annual report, but if theres a problem with one of the filings it wont flip current

[Timing101]

it is coming , another St. Pete Project is on the way
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https://stpeterising.com/home/2022/6/8/20-story-246-unit-apartment-tower-proposed-for-17th-street-in-downtown-st-pete

[Timing101]

I sent another note to Mark and that attorney for PAA Law D. Bone
--
Lets see, hopefully it gets done , they do not want to keep doing this.

[skichic]

I think the last Q needs an attorney letter, I also found a small error on the Q. In the liability column they left out the 2022 share count. No big deal.

[Timing101]

Not that I can see on the disclosures . Sent a note to the two Mark D and the attorney D. Bone , perhaps they should call OTC Markets and see what the
hold up is . Lets see.

[The Auditor]

are they missing anything to be pink current? multiple business that submitted an attorney letter after them are getting pink current status?

[canes1964]

Very true real company and seeing their projects in person unbelievable it’s only worth five cents a share right now it’s going to pop

[Timing101]

DEVM , have followed for some time, it is about to run filings out Real Company Real Projects here you go
CEO Mark DeMaria Not your normal OTC CEO ! REAL!
https://hallstructuredfinance.com/news/mark-demaria-a-developer-re-defining-urban-living/
Company and Projects
https://devmardevelopment.com/
https://stpeterising.com/metro

[Timing101]

thanks

[i_like_bb_stock]

its a service on telegram I think itd $24 a month whenever there is a tier change, news, etc you get a notification. you can also search for a ticker etc. comes to good use well worth it

https://t.co/jkZc7bjgYu

[Barfly3718]

I have my bid in as Company in action early! Looking forward to pink current! GLTA!

[Timing101]

Yep Agreed, What is that "all seeing eye" link you posted if you do not mind
Thanks

[atsteele09]

Can’t buy this on TD.

[i_like_bb_stock]

expert to pink All Seeing Eye
(https://telegram.me/ase_otc_bot?start=alert)?? $DEVM
?? Pink Limited Information
?? 0.05
?? AS: 75M • R: 36.31M • UR: 15.62M • DTC: 14.48M • Float: 15.62M

Reporting Standard Changed:
?? Dark: Alternative Reporting Standard
?? Alternative Reporting Standard

Tier Code Changed:
?? Expert Market
?? Pink Limited Information

2022-05-19 01:28:56 EDT | OTCM Profile (https://www.otcmarkets.com/stock/DEVM/profile)

[Timing101]

Filings, Yield Sign now , Pink Current shortly , then this real business goes off
like a rocket .
https://www.otcmarkets.com/stock/DEVM/disclosure
Real Projects , not maybe, anyone can see them in person and many have .
Future one THE METRO is 50% complete
see here
https://devmardevelopment.com/

[Timing101]

I did send a note to CEO Mark D and Attorney D. Bone, that perhaps something
needs validated on their submittals, as it normally does not take this long.
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In any case OTC Markets always contacts a company on info they need , so just a matter of time is all.

[i_like_bb_stock]

just the wait for otcmarkets to process

[canes1964]

what form do they need to trade....i thought they have it all done

[canes1964]

cant wait for volume

[i_like_bb_stock]

Great to see them text so quickly and get the q out

[canes1964]

great...very detail

[Timing101]

oh yes .. disclosures out now
NICE , news coming CEO Mark DeMaria and team are super bowl Mgt Team.
Devmar Development , Real Company , Real Investments, Real Future
see here
https://www.otcmarkets.com/stock/DEVM/disclosure
https://devmardevelopment.com/
Latest Building is over 50% done. THE METRO
in St. Petersburg: https://stpeterising.com/metro

[Timing101]

yes Noted
--
sent this below and one to Mark D and support side like I mentioned. Maybe
we will see some action , sure would like to see it. My thought is they are going through a Legal update from where they were prior, before changing gears after the COVID Hotel item with the original Marriott deal .
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To Devin Bone PAA LAW
--
Devin
I see now that you are listed under Devmar Development with Mark DeMaria . Unfortunately due to the filings not being timely OTC Markets
has down graded the DEVM symbol from YIELD (was waiting for the Attorney letter and Annual report) to Market. Needs those filings
to get up to at least Pink Current.
--
I have been communicating with Mark DeMaria for the past two years, so with the new format of THE METRO under construction and the
Ft. Myers Vantage under way it is important to keep it Current in OTC Markets . Currently it can not be traded with the MARKET symbol via
the bigger Brokers like Etrade etc.
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I realize there are other issues while Devmar is being restructures from MN to Florida, but can you folks look into this?
Regards
Mike XXXXXXXX
Shareholder and Supporter