Book value per share only accounts for existing assets like cash. It does not factor in any future growth prospects or the future value of existing assets. This is a very silly ratio to use when evaluating any growth company, particularly micro-cap companies like VeeMost.

Accumulation has barely moved down from its highest point despite price falling ~70% since then. We’re going to be just fine here once we’re out of the EOY wash sale and tax loss harvesting window IMO.

GDVM was valued at $4.53 million at today’s low of $0.0123. VeeMost reported $5.98 million in revenue for the first 9 months of this year and is already profitable. I am buying every share I possibly can down here.

By the way, let me remind you all that absolutely nothing has changed with VeeMost from when this stock hit $0.137, except that it is a whole lot closer to all of its catalysts.

Thanks for the cheapies, and please keep them coming.

PQE is also known as having solicited quotes. It means the Level 2 quotes and other trading data are more accurate than non-PQE stocks. Non-PQE stocks have the big red warning at the top of the “Overview” and “Quote” tabs on OTCM.

PQE is a very good thing to have.

Read more here: https://blog.otcmarkets.com/2021/10/15/amended-sec-rule-15c2-11-impact-a-more-transparent-global-otc-markets/

For those moaning and groaning over every tick of price action, I think you need to reassess whether you’re here to capture long-term growth or simply flip an undervalued stock.

If you’re here for the long-term, you should be excited to have an opportunity to invest in this company at under a $7.5 million valuation. If you’re here just to flip, buckle up, because this play doesn’t have to do anything in the timeframe you want it to.

Who cares about a drop in revenue last quarter? The financials, at least to me, are largely irrelevant until well after VeeMost achieves Cisco Gold. The fact that they’re already profitable is the cherry on top here. If VeeMost is already working with CSCO, DELL, PANW, and even the federal government when needed, where do you think the revenue (and by extension, profitability) is headed after achieving Cisco Gold?

I couldn’t care less about the silence, financials, or any other noise mentioned on this board. This is an incredible long-term opportunity where the reward far outweighs the risk in my opinion, particularly at these prices. Remember that Melvin had several opportunities to raise capital by diluting above $0.10/share. As far as I’m concerned, that means he envisions this stock being worth a hell of a lot more than that in the future. The only thing I’m doing here is happily adding to my position and patiently waiting for this stock to reflect the real value of VeeMost.

For those that keep mentioning the shell risk badge, click and read the badge description. Shell risk is determined by the most recent annual report, and GDVM’s last annual was filed for the period ending 12/31/2022 when it was still a shell.

GDVM could submit a written request to OTCM to remove it, or it will automatically be removed once they file the 12/31/2023 annual report in 2024.

Yes, I am also a multi-millionaire who posts about penny stocks on iHub all day. LMFAO

Friendly reminder that the AccDist scale frequently changes, which is why the line chart is always more important than the AccDist value itself. Peak accumulation is now roughly 299m on 5/18/2023 which is only about 1.5% higher than today's AccDist. Looks like shares are still moving into stronger hands with every selloff.

With all due respect, I didn't ask for your thoughts or speculation. You literally just spewed unrelated nonsense with no factual basis whatsoever. Please provide the hard evidence that leads you to believe it was wash trades, spoofing, insider dumping, and why Sharp would continuously pay SEC and OTCM fees for his three shells if "there will never be a reverse merger with a real company."

I'll wait.

Might be an eTrade issue, I still have all my shares held at Fidelity.

With negative accumulation and a 2.1b float, GVSI ran 100% from last month's lows on a FINRA/SEC update and then 35% today on a single tweet from Sharp. What do you think will happen when updates come to SRNW, an SEC reporter with a 38.3m float and heavy accumulation?

I'm buying all I can in teens as I don't expect it will take much to get this thing moving when the time comes for news.

"...combining resources with external partners..."

Joint venture PR soon perhaps?

Believe it or not, that was actually someone slapping to see if they would get a fill at the mid price or at the ask. They got a mid fill since the bid-ask was $0.05/$0.0569 at the time.

What is so frustrating here is that all market/bid sells actually do hit the bid, but not even close to all ask buys actually hit the ask and move the price up. MMs keep filling buys at the ask at invisible mid prices. Sustained buying pressure is needed to move the price up and prevent MMs from having enough time to reload the invisible mid-price walls (like we just saw on the move to $0.0569), while very little selling pressure can wipe out bids with ease (as we've frequently seen happen lately).

Hard to believe that holders from ~$0.0012 would be selling under $0.05 when they had opportunities to unload on the way up to $0.11 and then $0.137.

Incorrect, there is no legacy debt. Here's the proof:

1. Melvin's 9/21/2022 tweet stating he purchased ALL outstanding debt -

$GDVM majority control acquired and all outstanding debt purchased. I also purchased 12% of outstanding shares and returned them to the treasury. No dilution will occur. I’ll be sharing updates soon with everyone on our new journey.

— Melvin Ejiogu (@MelvinEjiogu) September 21, 2022

Rinse and repeat. At least that's another 150k shares moved into stronger hands. Can't imagine this can go on much longer with accumulation at these levels.

Find me another OTC company that was contacted by the FBI to assist other businesses with an international cybersecurity breach.

A hell of a lot higher than $0.04 per share, that's all I know.

Imagine patting yourself on the back for predicting an OTC stock would sell off during a no news period in this market. Even a broken clock is right twice a day.

The real question is where will you be when the Cisco Gold PR is released? Or the symbol change happens? Or the financials are posted? Or the two acquisitions are announced?

LOL

We'll see the filings by Saturday at the latest. Must be some big numbers they're crunching.

Taking advantage of this nonsensical selloff. Form 10-Q was posted this morning and looks exactly as expected. Yesterday's WNFT news confirmed it is being pushed aside for now while Sharp focuses on GVSI & SRNW. Never thought I'd get a chance to grab shares in the teens here, especially on positive developments.

https://www.investopedia.com/terms/f/formt.asp

Usually happens when a foreign investor trades while their markets are open and U.S. markets are closed, a very large buy or sell block that was placed during the trading day is broken down and reconciled after close (handled on a "not held" basis), or when a company is diluting.

Looks like GUNSMOKE posted the fill for his 40k sell order at $0.06. I'm thinking either a foreign investor slapped some today or it was a small part of an institutional block buy order. We know for sure it wasn't dilution if a retail trader like GUNSMOKE got the fill on a sell order.

40,000 share T-trade printed at $0.06 EOD. Haven't seen any T-trades on this one before and it likely isn't dilution considering Melvin's track record, it was only 40k shares, and they were bought well above the high of day. I'm thinking maybe investors overseas or an institutional investor could be taking an interest here?

Goodbye and good riddance to whoever just market sold their entire position into a half cent spread. Recovering nicely already and would rather have it happen now then when real buying pressure starts showing up.

So you agree that GVSI could move well over 100% from these levels but you're still bearish. LOL

I have good news and bad news for ya, Hokie. Bad news is the Celtics are going to beat your Sixers. Good news is you'll be able to wipe your tears with many, many fresh hundred dollar bills with all the money we're going to make on GVSI.

Or the merger target was selected months ago and is waiting for the shell cleanup, including the share cancellation, to be complete before merging...

Now that $GVSI is current, we can move forward with discussions with our target merger candidate, whom we will not identify until/if there is an agreement. $GVSI has no way to know how long this may take or even if an agreement will come to fruition.

— American Blockchain Corporation (@OTCpinkGVSI) February 7, 2023

I've never seen accumulation so strong and resilient like this on an OTC ticker. We have something special here. Top-tier industry, top-tier partnerships and certifications with Cisco, top-tier CEO who is getting things done without diluting, and massive fundamental catalysts coming any time. Sitting on a powder keg here, folks.

You also predicted that selling at $0.008 in expert market before the run to $0.049 would be a good move.

Funny how the 1.5m wall just disappears when it doesn't trigger a massive selloff immediately after appearing. This is illegal spoofing. The real question is what other illegal trading activity and nonsense is occurring that we can't see simply from monitoring the level 2 quotes?

Can we stop with the FINRA conspiracy theories? FINRA has been backed up on processing corporate actions all year. The symbol change will happen when it happens - speculating that FINRA is in cahoots with shorts isn't going to speed anything up here.

Expecting some big updates any time regarding the share repurchase with the previous CEO and the merger/acquisition. This is easily one of, if not the cleanest and smallest share structure OTC shell available.

Gonna be one hell of a comeback story when it's all said and done.

Down 23% on 4.5x average volume and accumulation has barely flinched. These coordinated takedowns are getting more desperate and less effective by the day. Overdue for a bounce here with or without news IMO.

It's pretty telling that we have something special here when more and more bears appear out of thin air on a daily basis trying to convince shareholders to cut and run (out of the kindness of their hearts, no doubt). Imagine selling here because a handful of people are calling this a failure when the sole reason people have held for 2+ years now still hasn't even happened yet.

Love how fast this thing can move once a little volume pours in. Good things coming here IMO.

Bears are out in full force lately, huh? Must mean we're getting close.

Agreed, it will probably skip right over on the way back up to 52-week highs on news. ;)

AccDist closed at a new all-time high for GDVM yesterday. Bears can play games to slowly bring the stock down while we wait for updates, but they are making absolutely no progress shaking people out here.

Something interesting that I've noticed with GDVM's accumulation is that the actual AccDist value of ~300m currently represents approximately 92.5% of the float. Other OTC tickers I'm watching with high accumulation trendlines typically have AccDist values that represent anywhere from 5%-35% of their floats. While AccDist values are typically much less relevant than the trendlines themselves, I think this could be pretty telling and help us understand just how locked up GDVM truly is.