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Much appreciated thanks
GDVM yield sign may be due because revenue is derived on Service Contracts. OTC Markets seems to be unable to address the unique revenue situation.
https://www.investopedia.com/terms/d/deferredrevenue.asp
https://www.investopedia.com/terms/m/meeting-of-the-minds.asp
Seems ridiculous to have a yield warning based on some non-essential typos
I compared the annual reports side-by-side and the only differences I found were:
* in the second annual report (first amended report) he added the lawyer name & address on page 13 (it was blank) and changed the signature date.
* the third annual report (most recent) corrects two typos in the lawyer's name & address on page 13 -- a couple of missing spaces:
Name: LASH WILCOX & GRACEPL
Address 1: 2202WEST SHORE BLVD.,STE.200
Address 2: TAMPA, FL33607
corrected to:
Name: LASH WILCOX & GRACE PL
Address 1: 2202 WEST SHORE BLVD., STE.200
Address 2: TAMPA, FL33607
There's still a missing space between FL and 33607 but please nobody tell him.
So May 20th. No problem
Hell No…Melvin will ask for a five day extension which is available to him.
Is there going to be a first quarter report coming out on the 15th?
We all easily can see certain people’s agenda . They are wasting their time thinking that pointing out what they perceive to be a negative is going to cause anybody to sell so they can buy shares cheaper . Any cheap shares are bought up quickly. I bought a bunch today , 35,000 all at the ask . Lol, I have my own agenda it’s called averaging down .
When the yield sign clears up what else can we complain about then?
Shell risk gone now which was much more a thorn in some peeps side.
https://www.otcmarkets.com/stock/GDVM/overview
Hopefully the yield issue will be resolved soon. Lets go $GDVM
Usually next day, something missing
If the yield isn’t cleared up by next week are you still gonna blame it on the OTC? I’ve been in ones in the past that have been updated in 3 days max. Something ain’t right. Clarification would be nice but the company likes to stay silent and leave investors guessing so that’s not happening.
Nice bullish paint job by the MM's to finish the day. They had a nice spread to work with and gave the ask slap a nice bullish fill! We still need V, and a little clarity on R, and this stock could take off. Revenue explanation Melvin please.
Did anyone identify what the revisions to the annual were?
Thanks. That makes sense to me and aligns with my logic. Another possibility is we could see the AL posted after the quarterly. Which would be fine with me. And I don’t think Otcm gives a damn either way. Disclosures are up to date thats what matters most imo.
Liking all these cheap shares it’s really allowed me to average down . People need to hit the ask and not bid sit .
AL is around $1k +/- and the attorney usually turns them around is 24-48 hours
What do you think an attorney charges for an AL? It's probably very little. Therefore, if your firm is busy, it's not going to be a top priority. I'm not worried about an attorney letter. but that's just me. OTC is risky, that's just how it is. I didn't invest too much here to be overly concerned. I like Melvin and I think he has a good business. We'll see what the Q1 and Q2 looks like. My ideal scenario is revenue is in line with 2023 Q1 and Q2. If it doesn't align then I'll admit I was wrong and the business is not as good as I thought.
Really wish these bid sitters/buyers would stop!!! In a Name that has little V, a bid buy will kill the PPS day after day after day. MM's entice you into it, and you bite!!! Congrats!!! You sunk the PPS 12+% today!!! Noone is selling at these levels imo!!!
$GDVM$
What? "Trying to save money on an attorney letter"? That's hilarious...to me anyway!! The amount of money involved for that is nothing. I'm in the camp that Melvin is at work every day trying to build a business into something special. His timeline is not those that watch the Ticker hour by hour, day by day, nor is mine. I'm happy to wait till Cisco Gold happens, I'm willing to wait until R is increasing Q by Q, I'm willing to wait until partnerships/acquisitions happen. I would like some clarity on the R decline, or we wait till the Q. Lots of things in the works IMO, so I'll patiently wait. GLTA.
$GDVM$
Your guess is as good as anyone's.
Based on the shareholder letter they shared awhile back, are they still on track to meet those goals this year? Have they missed any of the goals on the letter yet?
Exactly. Lol the excuses here are hilarious. “It’s probably on the lawyers desk” “Melvin is working hard on the business” meanwhile it’s pink limited for going on 2 weeks and barely .02 cents LOL with no word or update on anything. Remember that ticker change thing from over a year ago? What happened to that? Lol “trying to save money on an attorney letter” is the biggest red flag. Hilarious.
If he doesn't want to or can't comply with the basic OTC rules in a timely manor , then maybe being the head of a public company isn't for him.
Down 22% on only 100k shares, this stock is so easy to mess with on low volume and no bid support
Good stuff Chuck. This was especially good: "Hopefully Melvin saves money and doesn't request a new attorney letter and $GDVM stays limited for an unlimited amount of time." lol.
hL :)
Yes, definitely all wise moves. Being "Limited" is another positive. Think of it like when something nice goes on sale for a "limited time only". Makes you want to buy, right? Or when McDonald's brings the McRib sandwich back for a "limited time", better buy one while you can! Or your looking to buy a nice new car and the salesman tells you "the limited edition model is currently available but only for a limited time". Buy now!
Hopefully Melvin saves money and doesn't request a new attorney letter and $GDVM stays limited for an unlimited amount of time.
Thanks man, all good points.
"halfway to the top of the attorney’s stack of to dos.." No doubt, lol.
hL gdvm
Gm friend. I would say that my take on Veemost is that Melvin appears focused on the business, rather than trying to appease the peanut gallery. Overall I think he is being careful not to damage the viability of the business with unnecessary costs of pink disclosure compliance. My guess is he is just trying to keep it as simple as possible for now.
My thoughts on your points:
1. Probably just using a template for the filings that has the instructions at the top.
2. Yes, my understanding is a new AL is needed for revisions… it’s probably about halfway to the top of the attorney’s stack of to dos by now lol.
Does pink limited mean they limit the stock to 5 trades a day ? :)
wingtrade, you've been around, and you always have good info:
What's your thoughts?
1. Why does the GDVM Annual, and both Amendments, have the OTCM Instructions pages (1-3) included at the front of their Annual?
Most of the other OTC's that I follow didn't include those pages in their Annual 2023.
https://www.otcmarkets.com/otcapi/company/financial-report/397687/content
https://www.otcmarkets.com/otcapi/company/financial-report/400740/content
2. Also, in order to go Pink Current, wouldn't we need a NEW Attorney Letter, where Counsel states that he has reviewed the "Amended Annual dated 5.2.24" in order for us to go back current? His list only goes through the 4.24.24 Filing.
https://www.otcmarkets.com/otcapi/company/financial-report/399136/content
Respects. hL
GDVM chart~~~ Bullish signals popping up: MACD/PPO reset, CMF(20) positive diversion, then AccumDist tracing over trend line.
* A brief on chart Indicators
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146368673
chart & TA post thread
* The PSAR flip today is really a bullish signal for Momentum Traders and a cover signal tool for Short Sellers.
https://school.stockcharts.com/doku.php?id=technical_indicators:parabolic_sar
* Today's candle body closed over Falling Wedge upper trend line.
https://thepatternsite.com/fallwedge.html
* Monday's Last Engulfing Top is a bullish continuation signal.
https://thepatternsite.com/LastEngulfTop.html
https://stockcharts.com/h-sc/ui?s=GDVM&p=D&yr=0&mn=6&dy=0&id=p24986097784&listNum=23&a=1113701411
Do you live under a rock?
The worst “management” I’ve seen in a long time.
Yes, no need to even respond to the whiners. OTC Markets are ridiculously slow. Most of us know that. Yield or whatever signal OTC Markets has up makes no difference to me. I look at Filings, and there is zero dilution, and massive share reduction, and profit. Revenue decline needs to be addressed asap imo, but this is a great OTC stock to own!!! GLTA!!!
$GDVM$
Thothe, did you see the par sar flip on daily?
PREMIER INTEGRATOR
VeeMost Technologies Ltd is a Cisco Premier Integrator
Integrators build end-to-end solutions for our customers. They primarily transact in a
resale motion but bring their own unique expertise to solve customer business problems
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GDVM tradeable float is 324,149,280
https://www.otcmarkets.com/stock/GDVM/security
Yes, good info as always thank you Eagle1 Lets go $GDVM
Shell risk is gone. https://www.otcmarkets.com/stock/GDVM/overview
OTCM is slow to update the amended filed annual so yield sign popped up temporarily.
Still yield. Smh. Something must be amiss still. of course we will know nothing about it. The worst “management” I’ve seen in a long time. But again, this is the OTC.
Excited about this company and where it will be in the coming future!
Let’s rock $GDVM
You still here? 😂
Would be nicer to see that 400k ask get hammered
PREMIER INTEGRATOR
VeeMost Technologies Ltd is a Cisco Premier Integrator
Integrators build end-to-end solutions for our customers. They primarily transact in a
resale motion but bring their own unique expertise to solve customer business problems
Specializations (5)
* Advanced Collaboration Architecture Specialization
* Advanced SP Architecture Specialization
* Advanced Enterprise Networks Architecture Specialization
* Advanced Security Architecture Specialization
* Customer Experience Specialization
VeeMost Technologies was founded in 2002 to provide Digital Transformation solutions and services to organizations. Our specialty is in architecting, deploying, and managing secure digital solutions and platforms for customers to be more efficient, profitable, and relevant in their businesses.
Not only do we offer guidance from the start, we also plan, deploy, optimize, and manage entire technology lifecycles for our customers. We step in to assist with various financing options where necessary.
In 2021, VeeMost launched Innovation Hub Centers that focus on researching and developing new solutions that enhance our partners products and services. In addition, we also innovate new products.
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