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It is very frustrating when you know they have the real projects, real opportunities, had the May disclosures, had the attorney say we are on top of it , have two projects over 50% done. I have always thought the past connection to the Columbian side and legal way of getting it off the books was an issue.
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in any case, lets see something.
This is a joke ticker! Transparency doesn’t work with this company.
Man when are these guys gonna talk?
Have you had any communication as far as what is going on with this and where it’s at?
Raindance Project looking good here.
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Raindance is making great progress. Stucco has begun on the outside and drywall install on the inside.
— FSP Architects (@FSPArchitects1) September 1, 2022
Check out Raindance progress photos!#FSPArchitects #Architecture #Design #Stucco pic.twitter.com/4fvx3dvlAQ
I believe that THE METRO and RAINDANCE, both being at least 50 % completed , indicates they will come out with their "New and Improved" Plan , with also the Ft Myers Vantage coming on line now , plus "The St. Pete SKY approved, with overall news very shortly.
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I know when I think they will not come out with something, that is when it shows up. So lets see!
Real company I seen their projects in person I just don’t understand what’s the hold up to get their files up-to-date.
Devmar Development.
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The next filing will have a new format working for them .
a. THE METRO
* into the last phases this coming quarter of being completed.
https://stpeterising.com/metro
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b. RAINDANCE, Winterhaven FL. Some folks do not even know this is on the same schedule to being completed as THE METRO , see here
https://twitter.com/fsparchitects1
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c. The Approved SKY ST. PETE Project. Approved by the City last Month
https://stpetecatalyst.com/devmar-to-build-20-story-tower-near-vantage-st-pete/
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Plus the Ft. Meyers Vantage project coming up . DEVM will be part of the funding package for the projects.
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Coming next disclosure.
Projects THE METRO and RAINDANCE are well under way to completion soon.
Well D. Bone responded as I posted they are on the disclosure, hoping that is all true and they come out with a "New Plan" that supports Future Florida Projects like RainDance, St. Pete Sky, and others. They hired Boustead Securities at one time and perhaps discussions again .
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sent this off today , hopefully we see updates on the Disclosure folks.
==============
Mark D , CEO Devmar
cc D. Bone counsel
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Hopefully since the disclosure is due out now , the Stock listing is addressed, on Page 7 of 20. These items should not even be in there and there is NO OTHER OTC STOCK SYMBOL that shows Cede and Co (DTC) as an owner of stock.
Please address
Mike XXXXXXX DEVM Supporter and Shareholder.
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see here
https://www.otcmarkets.com/otcapi/company/financial-report/331734/content
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a. Inversiones Coldure SAS , this has been on there now for over two years, should be canceled as they are not part of Devmar.
*
Inversiones Coldur SAS Owner of more than 5% Bogota, Colombia 19,080,163 Common 36.74% Attempts by the Custodian and management to reach this shareholder have been unsuccessful. Management cannot confirm any legal or disciplinary history of this shareholder; however, general searches has disclosed none.
b. Cede and Co , is really the DTC and while they are the clearing company they are not a true owner of DEVM stock.
*
Cede & Co. Owner of more than 5% New York, New York 14,478,110 Common 27.88% --Specialist United States financial institution that processes transfers of stock certificates on behalf of the Depository Trust Compan
No, it was just someone playing around with a 100 share sell. Just proves the point, that with any catalyst(s) this goes off like a rocket.
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Thanks, Timing101. Looks like some dumped today. I would be slapping the ask once we get some filings and pink current. Oh well! GLTA!
City approves plan for SKY ST. PETE, Just out Aug 19, 2022.
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https://stpetecatalyst.com/city-approves-devmars-planned-20-story-tower/
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One would think that a PLAN is coming out that supports all these projects from the Public Stock side , just had to get it legally set up and changed from what was there prior. Hopefully that Columbian side is taken out in next disclosures.
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The St. Petersburg City Council has unanimously approved DevMar’s newest project – a 20-story residential tower.
DevMar, which is behind the 11-story Vantage St. Pete apartment building and The Metro, a 100-unit apartment project underway in the Edge District, has submitted plans to build Sky St. Pete, which will consist of 246 apartment units and a 241-space parking garage located at 1624, 1642, 1650 and 1662 Burlington Avenue North.
The council, meeting as the Community Redevelopment Agency on Thursday, approved the project, finding it consistent with the Intown West Redevelopment Plan.
Currerntly, the site of the $59 million project has a vacant dirt lot and seven residential structures with eight dwelling units, which would be demolished. The site is one block away from DevMar Development’s Vantage St. Pete apartment building.
Floors two through five will serve as the parking garage, the sixth floor will have an amenity deck and the 20th floor an outdoor rooftop terrace. The units would range from 420-square-foot studio apartments to 1,056-square-foot two-bedroom units.
DevMar is working in partnership with Michigan-based Fusco, Shaffer and Pappas as the project’s architect in designing the concrete building.
“An upscale mixed-use apartment building of this type, will be conducive to the improvement of the residential market of the surrounding community,” the architect wrote in a project narrative document to the city.
A public hearing for the projected is scheduled for Sept. 7.
The company will be contributing to the City’s Housing Capital Improvements Projects (HCIP) trust fund, which goes toward the city’s workforce housing efforts.
Once construction commences, it’s expected to take 28 months to complete.
Well here is the statement from the Attorney , I give him some credit as really it should not even be Yield at this point , so something appears to be in the works.
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Lets see
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Devin Bone
Thu, Aug 4, 6:50 AM
to me, Mark, jason@devmardevelopment.com
Thanks Michael. We appreciate the note and are on it.
Devin Bone
Partner | Paesano Akkashian Apkarian, PC
A: 7457 Franklin Road, Suite 200, Bloomfield Hills, MI 48301
P: (248) 792-6886 M: (248) 840-2642 F: (248) 792-6885
E: dbone@paalawfirm.com W: www.paalawfirm.com
B: www.investments.law
The Attorney here is a joke! This ticker should have been pink current by now! No sense of urgency! Pink limited since May! Oh well! Yield sign still listed! https://www.otcmarkets.com/stock/DEVM/overview
Well, one would be concerned if there were NO filings found in the Florida SOS or all showed inactive , in OTC Land revoked or inactive in any State SOS is not good news. DEVMAR is up to something , for sure they are real, real finished projects, some under way , some approved , just a matter of time.
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I would imagine the Legal setup on this is tremendous considering the value of the projects, future funding , structure , lets see .
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I'm assuming this is good
Florida State SOS , updated less than two months ago .
===
Detail by Entity Name
Florida Limited Liability Company
DEVMAR, LLC
Filing Information
Document Number
L22000302752
FEI/EIN Number
NONE
Date Filed
06/28/2022
Effective Date
12/28/2012
State
FL
Status
ACTIVE
Last Event
CONVERSION
Event Date Filed
06/28/2022
Event Effective Date
NONE
Principal Address
360 CENTRAL AVENUE, SUITE 800
ST. PETERSBURG, FL 33701
Mailing Address
360 CENTRAL AVENUE, SUITE 800
ST. PETERSBURG, FL 33701
Registered Agent Name & Address
FRACASSA, JASON
360 CENTRAL AVENUE, SUITE 800
ST. PETERSBURG, FL 33701
Authorized Person(s) Detail
Name & Address
Title MGR
DEMARIA, MARK
360 CENTRAL AVENUE, SUITE 800
ST. PETERSBURG, FL 33701
Title AMBR
HAYES, NICHOLAS
7457 FRANKLIN ROAD, SUITE 200
BLOOMDFIELDS, MI 48301
Annual Reports
No Annual Reports Filed
Document Images
06/28/2022 -- Florida Limited Liability View image in PDF format
Hmm every so often someone lets around 10k go , crazy one trade , lets see some filings .. they will wish they had held on .
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Just a matter of time.
Good deal Scuba... i feel confident with that reply from D. Bone Attorney , they are up to something in the filings.
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Lets see it happen!
$DEVM Rain Dance in Winter Haven FL
https://www.raindancewh.com/rain-dance-winter-haven-fl/
$DEVM was just gunna ask if there were new pics of The Metro! Thanks for the link! I added to the intro box also
.
Wait those filings are due into next week.
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Hey in the mean time THE METRO has the shell of the building up , real, you can see it , you can touch it , Winterhaven right around the corner.
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here you go
https://stpetecatalyst.com/picture-progress-st-petes-commercial-activity/
Well there you go , Mr. Bone (devmar attorney) sent back a reply and it looks good, sent them notes as I have been saying ,so it appears they are on track. Good deal .
---
Devin Bone
6:50 AM (2 hours ago)
to me, Mark, jason@devmardevelopment.com
Thanks Michael. We appreciate the note and are on it.
Devin Bone
Partner | Paesano Akkashian Apkarian, PC
A: 7457 Franklin Road, Suite 200, Bloomfield Hills, MI 48301
P: (248) 792-6886 M: (248) 840-2642 F: (248) 792-6885
E: dbone@paalawfirm.com W: www.paalawfirm.com
B: www.investments.law
yes I had noticed.. note off to Mark D and their attorney D. Bone... lets see they have until 8.15 unless they file a late filing . Looking for them to come around.
hey did you notice profile no longer verified,did the ceo say whats taking so long to file..thanks
$DEVM
— Stock Scan (@stockscan01) July 29, 2022
🚨 DEVM
💰 0,05
✔️ Profile No Longer Verified
good points! you mean $2,700 average per MONTH, then it equals 6.5 million per year.. and it would be nice to know the retail lease per year income as well, yes, devmar is a great company, i agree on that!
As they expand, the value goes way up for devmar(a given), i hope they build 50 buildings in time!
also, (check out apsi- 17 million os/float, i do not have pm so stating it here)
good points! you mean $2,700 average per MONTH, then it equals 6.5 million per year.. and it would be nice to know the retail lease per year income as well, yes, devmar is a great company, i agree on that!
Go to the DEVM , Devmar website, click on any development , like the one that is completed in Florida , St. Pete Vantage
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It has 217 rental units , click on the link to the facility in the description and look at the going rate average , it has dropped slightly below $3,000 per unit , was much higher but the market has dropped.
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So St. Pete Vantage say 217 units , not always 100 percent occupied, so lets say the 200 units are occupied at $2,700 average per year (low from what it was first leased out at ) around $6,500,000 per year . Plus they have retail leases on the bottom .
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There ROI on these facilities is amazing .
Devm’s luxury rentals could work out if they build 50 of them all over Florida.. perhaps 3.5 million per year for rent per big building.. 50 x $3.5 million= 175 million.. or: sell them as condo apartments at appropriate price.. Mega bucks!!
disclosures due by Aug 15, I can wait .
Thanks! I respect your opinion highly timing!!
I am talking about during the next year.. also , would be a division... an acquisition.. hurricane- proof homes could mean billions in gross revenue for devmar.. they would not have to lift a finger since division would do “ heavy lifting”(management)
ok, if they are NOT interested… I am fine with that .. I had my say, at least.. best to you & all of us shareholders.. I am all in myself!
I respect your opinion of what is needed to house folks.
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However this is all about a "MODEL" and if one knows the history with Mark D and why he brought on Rick Baker (see his books he authored about Florida) then you would know the goal is for Metro Rehabilitation and they have the Model built with the St. Pete Vantage. Devmar already has the other models planned , most approved and some with permits done ready to go or well underway .
https://devmardevelopment.com/
THE METRO
SKY ST. PETE
WINTERHAVEN
PLANT CITY
Ft. MYERS VANTAGE
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they have their hands full , CEO has responded to me , very, very brief statement but I am all in .
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Lets go, Disclosures due ... hopefully their attorney D. Bone from PAA LAW , (huge SEC firm) gets it done.
Devm is a sleeper right now.. current status& more updates will send this way high.. buy all you can here folks.. .05 is super cheap!!
Last message.. 100 k to 200 k homes..( 10k homes.. no.. lol)
I have written the ceo and sent my opinion by priority mail.. in my opinion Only.. a division of devmar could be one that would build smaller homes in Florida .. that are hurricane proof.. there is technology that produces homes that can withstand category 5 hurricane winds.. these homes would also lower insurance rates.. again .. Only my opinion.. because they would be much more protected in a hurricane.. they can be priced at $75,000 to 125,000 k .. appealing to a lower income market.. again, jmho..
One site to look at is: www.flmodularhomes.com… cost can be as low as $35 per sq. ft…
Dev mar is great.. just needs to expand.. in my opinion only.. lastly.. devmar could build 10k to 200k homes that are hurricane proof as well.. appeal to all budgets…
agree....very slow to get the books fixed
Looking great.. wait until thisReally takes off!
$DEVM 3 new developments!
St Pete Metro close to completion!
https://devmardevelopment.com/portfolio-items/the-metro/?portfolioCats=4
St Pete "Sky St. Pete" Bldg:
Massive 20 Story -246 unit bldg
https://stpeterising.com/home/2022/6/8/20-story-246-unit-apartment-tower-proposed-for-17th-street-in-downtown-st-pete
Winter Haven Rain Dance apt Bldg:
https://www.raindancewh.com/rain-dance-winter-haven-fl/gallery
St Pete Vantage Completed!
Fort Myers Vantage still on the launch pad as well
https://devmardevelopment.com/portfolio-items/vantageloftsftmyers/?portfolioCats=4
Devm.. this stock at 5 cents is a steal… great things coming… 1. Current statues.. 2. Pr’s about new projects .. this stock belongs in the dollars per share “column”.. we just need patience .. Florida is The State to succeed in.. especially now in this recession.. 20 billion dollar surplus.. great governor.. great state= Florida!!
Scuba.. you missed one , the newest Florida Development THE SKY ST. PETE.
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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
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Here is the update on Winterhaven. Rick Baker of Devmar is NOW THE WINTERHAVEN consultant to the city for development, yes they got the project
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https://www.bizjournals.com/tampabay/news/2022/07/15/rick-baker-winter-haven-revitalization.html
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https://www.linkedin.com/in/rick-baker-60b81a57/
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How it started , but now Rick Baker is the go to consultant for Winterhaven (City)
https://legistarweb-production.s3.amazonaws.com/uploads/attachment/pdf/767299/RainDance__LLC_Incentives_Application.pdf
Correction logo is on this site https://www.raindancewh.com/rain-dance-winter-haven-fl
Here’s something that a journalist recently put out 3 days ago on this project. Mentions Rick Baker and has Devm logo at bottom. https://www.bizjournals.com/tampabay/news/2022/07/15/rick-baker-winter-haven-revitalization.html
$DEVM any update on plant city project? They had a bid in to revitailze almost the entire downtown of Plant City as well.
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