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So did you get a reply from the Attorney D. Bone on that comment
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In any case , the NV SOS update has to be done this Month, lets see if they keep that up to date which would be a sign anyway to the good
Thanks for sharing that . Mark used to respond to me, but has dropped off for whatever reason, perhaps something will or is going on . Then I had the Attorney Devin Bone send me a note that they are aware of the status and it is being reviewed.
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So with that , I also will hold until what ever happens. They could have resold the Shell, or just let it drop off . I do know that in April they have to update NVSOS and that will be critical at that point.
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Lets See
I asked Mark about filings and just trying to become current again...This was his response...at least he is still alive.
I hope you understand, I am not at liberty to give you any information whatsoever on any future outlook on DEVM. You are putting the OTC co at serious risk anytime you contact me. I will have my counsel representing DEVM issue you a statement regarding insider information, and I am way out of my bounds on even responding to you as I am.
What’s the point in owning a shell to do nothing with it? If they can’t get through the red tape to bring Devmar Development public and lose she’ll status, then sell it to someone else. It’s only been 5 years, make something happen. Best of luck to anyone holding this. I’ll die before selling my shares and take them to the grave. Is what it is just wish there was more IS instead of if’s.
Well, just hanging in there , lets see.
Always have supported Mark D in the past, not to sure at this point if they have changed plans and are just going to do what they do.
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Lets see.
Hopefully he responds ,
Sent Mark DeMara a message on LinkedIn about getting current...will post if I get a response
Yes that is Devmar , they used Capstone for this , was on another post
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However
Oh, oh... OTC Markets shows it Dark and Defunct. Man oh Man. Not good.
Amazing… but i don’t know if it’s DEVM since they don’t update anymore
yea cant even stay current
goodness why not capitalize on the stock
Crazy this is down here with all their amazing projects...guess they don't need money from their stock
SAINT PETERSBURG, FL—Capstone has closed the $28,200,000 sale of The Metro: a 7-story, all studio furnished apartment community in St. Petersburg, Florida. The property’s $655 price per square foot set a multi-family sales record for Pinellas County.
Capstone’s Jad Richa and Cameron Hooper sold The Metro on behalf of DevMar Development and procured the buyer, a private investor out of the state of California.
“DevMar continues their Florida success story with the completion of The Metro. Our team was excited we could deliver the sale with a record setting PPSF, which showcases the quality and creativity the DevMar team takes in delivering on their mission of redefining urban living.” said Cameron Hooper, Capstone Senior Advisor.
The buyer is contracting with Mint House, a short-term rental firm, to operate the property. The Metro’s location within the Saint Pete Edge district makes it a perfect candidate for the proposed operational strategy.
According to Capstone managing director, Jad Richa: “This is a perfect illustration of the continued demand for multifamily investment assets across the Gulf Coast of Florida. Notwithstanding the current market dynamics, we were excited to successfully execute what I considered to be a significant premium to the current market.”
The Capstone team is currently partnered with DevMar on two additional developments in Fort Myers and St. Petersburg, for which Capstone is fulfilling the debt and equity capital requirements.
Amazing .. cmon Mark get with attorney D. Bone and just put in some disclosures, my goodness. Here Devmar is making Florida there home base, one would believe they have a plan to move it forward in public, just obviously not their priority .
ugh man these peeps need to get it together back to expert
?? $DEVM
??0.0139
(https://www.tradingview.com/symbols/DEVM/?offer_id=10&aff_id=29379)Expert Market, AS: 75M, OS: 51M, US: 15M
Reporting Standard Updated:
?? Alternative Reporting Standard
?? Dark: Alternative Reporting Standard
??Dark or Defunct Badge Added
Tier Updated:
?? Pink Limited Information
?? Expert Market
Chart (https://www.tradingview.com/symbols/DEVM/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/DEVM/security), Twitter (https://twitter.com/search?q=$DEVM&src=typed_query), @otcupdates
Update: 2023-01-30 08:35:48 (UTC)
What is mind boggling is ticker now in expert market! What a waste!
https://www.otcmarkets.com/stock/DEVM/overview
It really is
Mind boggling.
I know amazing
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Well I asked Mark D again for an update . If any are so inclined to do so please email him or connect on Linked In .
And they hit the bid on this news.
SMH
FireMedic, thanks for that update
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Here is the link with visuals
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https://stpetecatalyst.com/developer-closes-on-land-for-sky-st-pete-tower/
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With THE METRO in St. Pete and RAINDANCE in Winterhaven Florida coming to a close here shortly , lets see if they make a move for updates which would be great.
This was off of LinkedIn today....Developer closes on land for Sky St. Pete tower
Developer closes on land for Sky St. Pete tower
A rendering of Sky St. Pete as seen from Vantage. Image: DevMar Development.
The site of a dirt lot and surrounding structures will be redeveloped into a 20-story apartment tower.
DevMar, which is behind the 11-story Vantage St. Pete apartment building and The Metro underway in the Edge District, has closed on a property for its next project – Sky St. Pete.
DevMar purchased the vacant commercial land at 1624 Burlington Ave. N. from Valrico-based Koterba Investments FL LLC for $4.5 million. The Sky St. Pete tower will consist of 246 apartment units and a 241-space parking garage on several other parcels of land at 1642, 1650 and 1662 along Burlington Avenue North.
A rendering of the main entry for Sky St. Pete. All images: DevMar Development
The city and the St. Petersburg Development Review Commission approved the project last year.
Construction is scheduled to start this first quarter and will be completed in late 2025.
The site of the $59 million project 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 as well as an outdoor rooftop terrace. The residential units would range from 420-square-foot studio apartments to 1,056-square-foot two-bedroom units.
The market-rate apartments will be broken up into 103 one-bedroom units, 86 studios, 29 two-bedroom units and 28 two-bedroom units, according to the plans submitted in June.
The amenities will include a rooftop pool deck with a lounge bar, fire pit and grills on the sixth floor. The 20th floor will have the Sky Lounge and a gaming area, and the first floor will have a coworking center and bike storage.
“We are driven to create this development because we experience firsthand the overwhelming demand for apartment living downtown, in this very type of product,” Mark DeMaria, CEO of DevMar, previously said. “The St. Pete residential units demanded by so many, and they are attracting a highly educated, entrepreneurial, business-minded, arts appreciative, entertainment and dining-attracted class of residents. These residents will help all the businesses, arts, restaurants and entertainment in St. Pete flourish even more.”
DevMar is working in partnership with Michigan-based Fusco, Shaffer and Pappas as the project’s architect in designing the concrete.
Just out on updates in St. Pete Florida. Two projects are mentioned for DEVMAR
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a. The completion of THE METRO
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b. The approval of SKY ST. PETE
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Note Raindance scheduled to be done in Winterhaven also first quarter 2023.
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https://stpeterising.com/home/2022/12/28/here-are-the-biggest-real-estate-development-stories-on-st-pete-rising-of-2022
Might be something in your browser perhaps.
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in any case this is the last message I sent through no issues. I will wait it out , they had a plan before covid if one looks back at all the disclosures and then the entire format changed to keep future projects like St. Pete Vantage. They updated the OTC PROFILE to show based in Florida for a reason and and NV SOS is "Active". Also on Linked in , Phone number goes to a mail box, but the chamber of commerce validates it here.
https://www.chamberofcommerce.com/united-states/florida/saint-petersburg/real-estate-developer/2014516939-devmar-development
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"mark@devmardevelopment.com
dbone@palawyers.com
Mark DeMaria , cc D. Bone
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Mark , The DEVM shareholders as a group in OTC Markets continue to look for an update on where this is headed in 2023, Disclosures updated and any indication of what can be or not be expected which are normal requests from any shareholder.
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Again congrats to you and your team on the THE METRO, RAINDANCE project which I follow in the ST. PETE RISING ARTICLES along with the final approval on the THE SKY project in St. Pete by the City Council.
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Please take a moment to review this and with your team put out what ever is applicable for an update . Thanks in advance.
Regards
I tried those...didn't get a response, said invalid email domain...just wondering if I was missing something
Posted in the message for email.
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Phone number is on OTC Markets profile.
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You can contact via linkedin also
Many opportunities to update shareholders! The time bomb is a dud. I am sorry to say! I’ll keep on my watchlist if they decide anything.
What address or email or phone number did you use to get a response
This is a time bomb when they get the filings done it’s a legit company
Just fyi , reach out for Mark Demaria at the following
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a. for sure leave a message for an update on the Stock, projects and disclosures in the Contact side of the Website
https://devmardevelopment.com/
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b. I have also sent at start of year request to Mark DeMaria and the attorney Devin Bone
Mark@devmardevelopment.com
DBone@palawyers.com
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I have received notes from Mark D in the past , while not extensive is that they are moving forward and it takes time .
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The attorney D. Bone responsed one time with " Thanks Mike, we are on top of the disclosures" about two months ago on my question to him and Mark D both (professionally) about the Yield Sign , more disclsoures and of course they are nearing the completion of THE METRO and RAINDANCE projects into this first quarter, plus having final approval for their new project THE SKY in St. Pete, FL. Articles can be seen on ST. PETE RISING if you google it .
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I would encourage all to send so they see there is more than one interest. Thanks
Did you ever get in touch with anyone?
Going to try got get in contact with the company...see if I can get any info
whacked down to under a penny lovely
Man, is there any hope left in this stock. Do t want to sell but there is no communication and this looks dead.
Yes wish they’d get their act together here ugh
This could be such an explosive stock if we had some updates with this tiny SS
A Few shares have been dropping out . I am in to see where this goes . Projects THE METRO and RAINDANCE are in
last phases of construction. Lets see if there is a plan here.
All have a good Thanksgiving with Family and Friends , relax , enjoy Health . Lets see what December brings.
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BB thanks for that update on the new rules.
with the new rules its actually easier to stay pink limited you only need to to have had an annual report out in the last 16 months, I wonder why he hasn't out an attorney letter for the annual, but in addition the most recent Q is needed now to get current.
Agreed...... I am just amazed it stays Pink Limited . I know THE METRO and RAINDANCE are scheduled to be done about the same time into 2023, perhaps waiting to put out towards end of year for what ever reason .
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They already have the go ahead on Ft. Myers and the new Project SKY ST PETE, so lets see .
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If Mark D and team had no assets , were not real builders, did not have projects you could touch, feel and see, were trying to dilute .. but it is not anything close to that , so very strange indeed as they say .
I thought I would check in to see if anything happening. Still pink limited with shell status. Wow!
Talk about BS from Attorney. No accountability! They have had plenty of time to make some moves with filings!
Well , there must be something, the attorney D. Bone sent that note , it is under control, so lets see.
Looking good believe this is going to fly one day
Final approval for the new St. Pete Project this past week.
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https://stpeterising.com/home/2022/10/7/20-story-apartment-tower-sky-st-pete-receives-final-approval-from-city-of-st-pete
lets see how they did in St Pete during this Hurricane on THE METRO and over on RAINDANCE, hopefully good news , plus the existing ST. Pete Vantage.
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