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That's what "wouldn't hold your breath implies." We good
Yeah, you can't hold your breath on ANY ticker. Should we thank him for the advice?
Just breathe, Mmart.
Wouldn't hold your breath with this ticker. As we all know
Life is short!!! Thanks for the reminder!!!
Where’s our request for an extension ? Well he’s got till 8 EST
We need more volume to knock out the big ask.
Someone always putting up the big block on ask, do they really think they’re fooling anyone? Getting old
Wow I read what somebody wrote about that individual. People really need to be able to differentiate between value and money . 1 can’t be bought and the other is a tool . All the money in the World will never get you there .
FYI stocks are controlled by AI utilizing Algorithms. Algorithms work by triggers , 2 Possible triggers could be volume and price . Without volume price won’t change . Retail is what triggers the algorithm. Yes volume is 1 share or more yes volume is before price and yes any person who set the algorithm can also get there buddies together to control price artificially . GDVM is a heavily manipulated stock and I know this for a fact . I always buy on the ask . I know price with no volume is easily manipulated. The longs are the key to price appreciation. Catalyst is for flippers. Liquidity is what allows price to seek its perceived value . This is an all or none . Melvin is real, win win chicken dinner, Melvin is a scam say goodbye to your investment. The amount of shares held by IHUB posters is exactly why price is so volatile. People that own shares and want to buy more shares cheaper. Until Melvin proves this stock will be manipulated. Me I like the players . History facts honesty and integrity. Those are my rulers . Inch by inch Melvin will go at his pace . He is or he isn’t !!!
I know we all trade and post on here but there is a life out there. Looks like he passed away and condolences to his family.
https://www.thememories.com/obituary/john-jack-brannelly/30787#/
Ok well I"ll explain it to you...
99.9% of stocks on the OTC are going nowhere in the long-term, only run when pumped, and then dump back down.
That is why fundamentals largely don't matter on the OTC.
Of course you can point to one miracle situation that will most likely never happen to you again, but the thing that happens 99.9% of the time is more realistic when "investing" in an OTC stock.
This company has shown they have great margins. Cuts the revenue side that needs some help
I think Melvin will address the revenue side in due time
I never understood the comment "fundamentals don't matter"
If a company has good earnings and low expenses they can rearward shareholders with dividends. Only been in one otc that paid a special dividend. BOOM went up 10,000%
Not yet but there will be soon
keeptrying2win.....you may get there someday, somewhere.
Is there any indication that Melvin has requested an extension for the Q1 do out tomorrow?
Nobody knows this stock exists besides the people on this board who bought in during the last pump, and now as always the price sits below where they bought it.
"Fundamentals" are irrelevant to running as shown by any meme coin that runs and currently AMC/Gamestop. The game has changed and that is why the OTC is dead, especially something like this with zero marketing and zero promotion.
If and when Pump and Dump Brokerage starts pumping this again, maybe it will run. It is definitely not going to run on current "Fundamentals".
It seems as though whoever sold yesterday to possibly chase AMC & GME came back into GDVM today. 😂
Ya grabbed me a quick 75k shares
It’s all games on low volume
Put a couple small bids at ask..filled lower
Anyone notice how thin this trades?
Your crystal ball must be much better than mine.
Sheesh buckle in for another year at least haha
This seems to be the most likely issue with the yield.
It will take a contract announcement to break this through the .03 resistance, imho. Until earnings growth is exhibited , I believe pps will remain stagnant.
I agree 100% OTC has been in the crapper this last year +.
There's a bit of a difference that GetSerious pointed out:
Melvin originally omitted the Securities Lawyer on the annual report. This is different from a "typo". This is from the disclosure area on the annual report; Confirm that the information in this table matches your public company profile on www.OTCMarkets.com. If any updates are needed to your public company profile, update your company profile. Securities Counsel (must include Counsel preparing Attorney Letters).
Also note, there are 2 securities attorneys listed on OTCM and 1 on the 2 revised annuals.
Not like this stuff is a deal breaker, but it matters.
And, note what you just posted: ...after many conversations from Management...
Rock on
I added again today. A little here and there. Nothing left to do but buy buy buy!
Agreed Urocka… all indications point to simple clerical fixes and procedural hurdles like AL. Not worried about it personally.
Find the $$$ and keep buying in the .01s
AMC diluted billions yet retail still squeezes the ticker and keeps buying regardless of fundamentals. In otc sure tickers can get misprices for a while eventually it will flip. This is one of the few cases in otc with no dilution which is rare. Why some choose to make this a personal issue with GDVM is beyond me OTC and small caps in general for the last year and half have been absolutely terrible.
Heard he’s on vacation.
What’s going on now? I thought Melvin would already have the yield sign off by now.
Wow this is disappointing. Yet people on here will make every excuse under the sun and flip this to be a good thing. Crazy
Typos and small things are actually causing Yield signs in other tickers...OTC has cleaned up and now trying to be as Legitimate as possible for investors sake....so it Kinda Seems to be....
I know they act like they are behind ....based on a massive running ticker I'm In who is Waiting on OTC Markets to Remove the Yield after many conversations from Management...
-18%. Barely a penny. Still yield. Still no Ticker change. Still no update. lol Melvin is a clown. I hope you some of you guys can start to get a bit concerned and demand answers instead of passing it off like everything is rainbows and unicorns…cause it is obviously not.
So I don’t have time to dig into this right now but, VeeMost also has Offices in West Africa and India. I read something about Foreign Interest and filings. I am wondering if the yield sign has something to do with either late or incorrect information on either West Africa or India. Just a thought…
Agree with your takes on this subject.
And to your point: https://nmsdc.org/certifications/definition-of-an-mbe/
"Ownership by qualified minority individuals means the business is at least 51% owned by such individuals or, in the case of a publicly owned business, at least 51% of the stock is owned by one or more such individuals."
Also...in my personal opinion...the YIELD sign is up because:
1. We need a new Attorney Letter that includes the Attorney mentioning the "Review" of the new "Annual Amended" filings.
(Even though it appears nothing really changed in them?)
2. Or there is something in the Annual filing or Attorney Letter that OTCM doesn't like, and has asked to be corrected...
3. Delay on someone's end, either Melvin, OTCM, the Attorney, or something else unknown...
YES, we would know if Melvin communicated...but in my experience these CEO's don't like to go on the record as to what is causing the delay, especially if it makes them or the Company look silly. Sometimes it's arrogance, or some other perfectly valid reason to just chill and let the process play out. I'm NOT making excuses for anyone, just adding to the dialogue. Again, I agree with you, I'd be shocked if it had anything to do with OTCM and MBE. (Regarding the Yield sign.)
Thanks Chuck. hL
Lol still yield. What a fkn joke. No communication. Down another 15%. Starting to stink pretty bad in here. Lol Melvin.
Farmer,
Melvin is the SOLE officer, executive, insider, manager, etc. of GDVM.
He is a minority.
Therefore, GDVM is 100% minority owned.
He is not changing ownership. It makes no sense to?
He said he would work towards being recognized as a minority owned business in the states they are already registered in. Part of this process would likely include identifying the makeup of his "employees" and that is covered.
I see no way OTC Markets has a role in this, I doubt OTCM is "punishing" GDVM for "minority related" reasons?
Achieving minority status in more states = good.
Yield sign = not good, but not related.
7 or 8 days from today (maybe less) will be way more important than this conversation...
I'm not a " yield sign expert" however, I do realize the perks that come with minority owned. Here is an example, this attachment shows a 12% bid preference if you meet the criteria of minority owned. GDVM will be entitled to some of these perks and is why I'm excited for them taking this route! GLTA
https://mn.gov/admin/assets/Purchasing%20Policy%2035_tcm36-578430.pdf
I see your logic thinking that way, but one minority owner only gets you a certain percentage of the criteria that needs be met. Being a minority owner like he is meets a certain percentage of that goal. In some states like Minnesota if you have other minorities in your work force doing the actual work your percentage base goes up and your chances of getting the job increases. Being a minority owner is basically the big one to meet obviously. So, they could be switching ownership slightly, or changing/adding some minority positions in some way that made the OTC yield sign come up.
No. This makes zero sense.
GDVM has to make owner ship changes ( on paper) to reach minority status. There is simply no way around that.
Melvin is the SOLE officer, executive, insider, manager, etc. of GDVM and he is a minority. How do they get blacker? They hold minority status in NJ, which is basically their "primary location". If they have minority status in NJ, obviously they are a minority business everywhere else.
What he said after the Q3 shareholder letter, nearly 6 months ago, is "Our goal is to complete this status for all states we are registered in by the end of Q1 2024."
Yes, minority status in more states, would mean more potential business, but I see no way working to achieve this would place a yield on the stock?
This is the fun thing about a company that doesn't keep shareholders, or the OTC for that matter, informed! We all get to make WAG'S about things like "risks & yields"! I'll share some of mine soon...
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-
Here is an example of a company with a yield sign. They switched management and so the OTC responded with a yield sign.
GDVM has to make owner ship changes ( on paper) to reach minority status. There is simply no way around that. Their 2023 shareholder letter stated they hoped this would be accomplished by end of Q1 2024. So, once minority status is approved I would expect the yield sign to come off shortly after that. Hope this makes sense.
OTC-PINK-RHCO-ANNOUNCES-REMOVAL-OF-YIELD-SIGN-ON-OTC-MARKETS?id=437846
The United States is a huge place to have that kind of Credibility that is an Incredible task to accomplish. The foundation is being built . Crawl Walk Run . The facts and History align . Time will tell if we were right or wrong about buying so many shares . Averaging down to green was easily accomplished as long as you believed . Thank you for that explanation. Factual information is key to why I am here and still confident in my investment.
The yield sign could be caused by GDVM trying to reach minority status in all states. This process takes time, and paperwork. (IMO). Everyone on this board should be pleased they are taking this route and shouldn't underestimate the possibilities that minority status can bring. It can easily result in more contracts and also higher profit margins on these contracts. A more qualified business could loose contracts to businesses with this status. I'm personally very excited they recognized this potential and are making the change. I'm a business owner who has lost contracts to smaller companies because they carry this status. To the point I'm looking at switching my own company around to reach minority status. The potential of this stock and company is really great here! $$$$$GLTA
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
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