Premier Development and Investment Inc (PDIV)

[C2Guy]

PDIV has returned to Pink Current.

https://www.otcmarkets.com/stock/PDIV/overview

[againstallodds]

R.I.P. Blom. You were a questionnable GNCP director...

Not questionning you qualities as family man, or you dedication at fighting ESKOM corrupt ways, but your standards seemed to have fallen flat when it came to GNCP and PDIV.

Below is an article from Antoinette Slabbert, a South African economic journalist, about Blom and its involvement in GNCC and Jengu Pharma, the fail cannabis venture by GNCP.

Article translated in English using Google from Afrikaan (sluggish translation)

https://www.netwerk24.com/Netwerk24/n-slang-in-die-geil-dagga-oes-wat-firma-beloof-20191124

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157891691

A snake in the horny marijuana crop that firm promises

The outspoken Eskom commentator Ted Blom was struck with dumbness over boe the American company of which he is chairman, who is already going to make money like bushes from the South African marijuana market next month

GNCC Capital, a US-listed company, recently announced in a market announcement that investors will change their business focus from mining to South Africa's thriving marijuana market.

According to the announcement, GNCC has bought a South African company that is familiar with the medicinal marijuana market. In fact, the first marijuana harvest is coming in December, investors believe, but Rapport understands that there is not a single marijuana plant and the local company's license to grow marijuana has expired.

Blom tried hard last week to distance himself from GNCC when Rapport asked him for clear hero. Although, according to GNCC's notices to shareholders, Blom was the president of GNCC until the end of August and then became non-executive chairman, he could answer few of Rapport's questions about the company. In fact, Blom denied that he was chairman. "As far as I know, I'm just an ordinary director," he said, indicating that he actually wanted to break away from GNCC.

Yet another company of which hyo is also a director is busy buying shares in GNCC.

He was unsure about the license. "I think I was in a snake in the grass with the license.

He was apparently looking for answers, because "other parties" were responsible for the due diligence investigation into the goods, but a week later he still did not give an explanation
.
According to an announcement to shareholders on October 3, GNCC bought a 40% stake in a South African company, Jengu Parma. Jengu was founded in May this year and Blom is one of the three directors. The other two are Nell-Mari Allen and Angelo Cox. The two of them like the other 60% of Jengu and apparently know the local marijuana industry well. Allen was licensed to grow and export marijuana. However, it expired in June, but she is apparently hesitant with an application to have it renewed.

After the GNCC deal, Allen became the president of the American company and Cox the chief operating officer. They are also executive directors.
The other two are Nell-Mari Allen and Angelo Cox. The two of them like the other 60% of Jengu and apparently know the local marijuana industry well. Allen was licensed to grow and export marijuana. However, it expired in June, but she is apparently hesitant with an application to have it renewed.

After the GNCC deal, Allen became the president of the American company and Cox the chief operating officer. They are also executive directors.
However, when Rapport asked Blom last week what Allen's role was in GNCC, he only revealed her directorship and further said: "Ask her yourself." This is probably because, according to Rapport's information, Allen resigned as "president" on October 24. Cox resigned shortly thereafter.

The reason for their resignations is apparently that at least R63 million in funding that GNCC promised never materialized. With that, Jengu would apparently buy marijuana farms in Limpopo, among other places, and set up new facilities such as a laboratory to meet the conditions for an export license.

Blom acknowledges that funding for the marijuana operations has collapsed, but says the Jengu traction has been implemented and new funders are still being sought.

Several controversial people are involved with GNCC. Ron Lowenthal, who previously worked as a stockbroker in South Africa, was the chairman before Blom. His name pops up alongside that of controversial businessman Stephen Lumb.

Business Report reported in 2001 that according to Lumb, Lowenthal would be the advisor to the ISE-listed Gaming of which Lumb was the CEO. However, the ISE rejected it and the trading of IGaming's shares was suspended. According to reports, shareholders lost huge sums when IGaming went bankrupt. In 2003, according to Moneyweb, Lowenthal was a partner in the listed Hanover Capital in Britain, which appointed Lumb as CEO resigned a month later.

According to Blom, Lumb is only "a major shareholder" in GNCC but Rapport reliably understands that he plays a key role in the management of the company.

Lumb did not want to answer any questions from Rapport. He initially said he did not care what Rapport wrote, because he had no interest in South Africa being an "economically failed state with no hope of recovery". Lumb says he has no interest in GNCC. He has ten-year-old shares, which he has long written off in his head.

He later contacted Rapport and threatened legal action if his name was taken.

Lowenthal did not respond to Rapport's query at all.

[C2Guy]

PDIV has revised its Annual Report three times now and still missed the need to edit Page 6 where it refers to AMLM instead of PDIV.

[C2Guy]

Good question. The OTC Pink Basic Disclosure Guidelines state that ..."departure of directors or principal officers; election of directors; appointment of principal officers...". shall be disclosed within four (4) business days following the occurrence. (Word Doc, Page 3)

I can only assume a death falls into this category. Blom died on April 28, 2023. A memorial will be held on May 13, 2023.

https://www.otcmarkets.com/files/OTCPinkGuidelines.docx

[AKFish]

Will PDIV post RE: Ted’s passing an companies future?

[againstallodds]

OLD NEWS, OLD DEAL

[C2Guy]

Interesting article about AMLM working with PDIV/GNCP

"AMLM’s Silver Peak Lithium Project is a claystone (hard rock) and brine lithium prospect located about 40 miles west of Tonopah, Nevada. Silverpeak also comprises a hard rock uranium occurrence. AMLM works alongside its joint venture partner GNCC Capital/Premier Development on this project."

https://www.innovationnewsnetwork.com/advancing-mineral-exploration-nevada/31982/

[againstallodds]

Will next scam be PDIV/AMLM merge/JV?

Or BRLL/PDIVmerge/Jv?

Remember the big lithium deals that was in the air more than a year ago:



Os Lumb trying to tout this again ???

[againstallodds]

A poster wrote Lumb was writing all financials



Why would there be a typo in PDIV financials referring to AMLM instead of PDIV ?

Lumb screwed up in front of everybody.

[againstallodds]

Hey crooked Lumb: U got caught again!!!!

[C2Guy]

This must be a typo:

PDIV's Further Amended Annual Report reads:

"The following summary description of the common stock of American Lithium Minerals, Inc. (“we”,
our” or “us”)" (Page 6, Item 1)

It appears as if PDIV used AMLM's Annual Report template but overlooked an edit point.

[againstallodds]

Crooked Lowenthal had to refile TWICE!!!

He’s getting to old for this, so is international fraudster Lumb.

Look at the toxic notes on there, many of them owned by SEC CHARGED ATTORNEY FREDERICK C.BAUMAN:

[C2Guy]

PDIV exited Grace Period. Is Pink Current next?

[C2Guy]

PDIV in Grace Period, headed for Expert Market?

Quarterly and Annual Reports filed.
Attorney's Letter filed.
Transfer Agent listed in OTC Markets records.

What's missing?

[againstallodds]

AMLM financials out: GNCP deal not recognized

https://www.otcmarkets.com/otcapi/company/financial-report/366949/content

Joint Venture with GNCC Capital.
The Silverpeak Lithium / Uranium Project is in Esmeralda County, Nevada, about 40 miles west of Tonopah. There are presently 24 lode mining claims and 27 placer mining claims on BLM ground, a total of 1,020 acres. The property is also known to host uranium.
Joint Venture with CDSG.
The West End Lithium Project is in Nye County, Nevada, near the Crescent Dunes solar project. It is presently comprised of 24 lode mining claims (480 acrtres) on BLM ground west of Tonopah. The property is also known to host uranium.
On March 15, 2022, the Company entered into an Earn-In Agreement with USA Lithium Holdings Corporation (“LH”), a subsidiary of GNCC Capital, Inc., under which LH must make total payments of $75,000 to obtain a 10% undivided interest in 27 unpatented placer mining claims and 24 unpatented lode mining claims comprised of approximately 1,020 acres near Tonopah, Nevada, commonly known as the Silverpeak Lithium Project. The $75,000 is payable $30,000 within 18 days after signing and $45,000 within 45 days after signing. LH has the option to increase its ownership interest by an additional 50% by a total payment of $1,300,000 for exploration and development costs over a three-year period. This transaction has not yet been recognized for
financial reporting purposes as its second and third payments were past due at March 31, 2023

[Jackrabbitslim]

May 15th

[zakattack]

when is that

[C2Guy]

The next AMLM Filing will tell us if the GNCP/USAL payments are still past due.

[varmit]

Why hasn’t that 1.3$ milly gee been paid yet

Those claims are prolly gone in a year

There are companies that actually mine for a living ..

If searchlite didn’t get paid they would sell to others

[C2Guy]

I was looking for hints of a restructuring/reorganization of PDIV, GNCP, and USAL.

There is no evidence of this happening yet, but the annual report DOES show PDIV/PFI is committed to providing GNCP/USAL with at least $1,375,000 for the AMLM Lithium agreement.

GNCP might be Dark, but apparently not Defunct.

See the PDIV Annual Report, Pg. 61.

https://www.otcmarkets.com/otcapi/company/financial-report/366853/content

[varmit]

How does this info help out GNCPIG ?
They claim we’re un Tradeable
On the expert market

GNCP MANAGERS ARE EXPERTS AT THE EXPERT MARKET

DARK
DEFUNCT
CAVEAT EMPTOR
BUYER BEWARE
CROSS BONES
NON PINK
.000000000001’s

[C2Guy]

PDIV just filed its annual report.

https://www.otcmarkets.com/otcapi/company/financial-report/366853/content

[againstallodds]

AMLM Frederick Bauman and the SEC



https://www.securitieslawyer101.com/2021/sec-charges-attorney-frederick-bauman-with-participation-in-iiiegal-unregistered-securities-offerings/

[againstallodds]

AMLM IS SEC CHARGED FREDERICK BAUMAN

PDIV IS IN GOOD PART BAUMAN AS WELL

THAT’S a typical Bauman-Lowenthal-Lumb.scam deal.



In addition, AMLM does not owns mining claims, il leases the rights from Searchlight, another SEC charged Bauman entity.

[C2Guy]

PDIV posted its Quarterly Report ending 6/30/2022

See Page 61: GNCP/USAL entered into an Agreement with AMLM. As of June 30, 2022, PDIV/PFI is providing cash advances to USAL totaling no less than $1,375,000 in respect of this transaction.

For what it's worth, the Quarterly Report covers the period after the 5/18/2022 Disclosure of Potential Default between GNCP/USAL and AMLM, suggesting the agreement is still in effect. More reader impressions are needed here.

https://www.otcmarkets.com/otcapi/company/financial-report/366751/content

[AKFish]

Beware of the unknown?

[zakattack]

1 year and counting the stock is dead dude

[againstallodds]

GNCP doesn’t own any properties

Just DD the BLM records

GNCP used to lease « right to explore » from Searchlight. And admitter « never starting any exploration » in all those years

This is a stinky scam from fraudster Bauman-Lowenthal-Lumb team

Debunked!

[varmit]

I actually hope for $5000 an ounce

When the dollar crashes it’s all gold

[brown2]

They just flat out ain’t talking

[brown2]

So you believe my price point of 4000 gold thats good I and see what has happened over all these years all those companies got consolidated into Gncp /pdiv///// so now you got to wait on the lithium deal which is at most 2/3 years away until everything is paid for

[varmit]

GOLD $4000 is a perfect time for someone to mine BOUSE GOLD
AND S COPPERSTONE !!!!!!!

[brown2]

Well when this gold goes to 4000 oz somebody going to talking I’m sure of it we will see if I’m right or just plain wrong

[brown2]

GNCP/PDIV-they are in what we call a quiet period so you won’t hear any news anytime soon until they are ready to talk and who knows when that will be I guess it’s wait and see time

[brown2]

Some were traded for other properties as you stated that is correct

[brown2]

Some were traded for other properties as you stated that is correct

[brown2]

Gncp owns them all of them even the additional properties that were found

[varmit]

WHO OWNS THOSE CURRENTLY ????

[varmit]

Hey brown? This is 2008?????

What is accurate currently ????

As RON STATED we traded ::::

Potts mountain
Burnt wells
Historical oatman mine
Others

FOR TONOPAH SILVER
AND PEARL SPRINGS .

GNCP DOES NOT SHOW TONAPAH ANYMORE

WHO DO U TRUST THESE DAZE???

[varmit]

PDIV OWNS GNCP ??? No?????

[C2Guy]

Correction: PDIV's Annual Report is due April 30th.

(120 days after the fiscal year-end).

[againstallodds]

PDIV late: didn’t even file late filing notification

[C2Guy]

PDIV's annual report is due today.

Absent the filing, PDIV appears headed to the Expert Market in 15 calendar days.

https://www.otcmarkets.com/files/15c2-11%20Tier%20Chart.pdf

[C2Guy]

Both PDIV and GNCP renewed so, at a minimum, they are not closing shop for another year. Their OTC filings are needed to fill in the blanks.

[AKFish]

Good sign?

[C2Guy]

PDIV renewed its Nevada Business License today.

No change to officer information.

[C2Guy]

March 30 should be an indicator of where PDIV's stock price is headed. That's when its business license renewal and OTC Annual Report are due.

[jellis]

Why is this trading so high ? Seems like it should be .00001

[againstallodds]

PDIV : Pink Limited Information !!!

[againstallodds]

PDIV a Bauman Lowenthal Lumb toxic scam

Look at all those toxic notes and who owns them