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Much appreciated thanks
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.
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.
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.
Do you live under a rock?
The worst “management” I’ve seen in a long time.
You were a strident basher previously. I expect you will sell on a little bit of strength, and then become a negative voice on the forum again.
I’m confident they’ll get this put together eventually. Not selling. Gltu
Surf what is your evidence that gmzp is a scam? Nobody likes dilution… but that all you got? The 1-a offering is all the evidence you have for this claim?
Well we know Hahalolo bought the fbec shell. We know they announced the ticker symbol ‘Fbec’ in Vietnam to 2 large gatherings. That’s something.
Casinos are great and all but I just want to see gmzp go to silver
Warming up a little here
Been there. Had one go from over 1M to zero one time. Trading high risk securities is not something I'd recommend to most people lol. Gltu
Holding all mine scottie... if Hahalolo is half the company I think it is, then selling down here would be a huge mistake imo.
There could be a legendary gap up when this goes back to pink current. Simply because to get there they have to submit disclosures and so the revenues will be known before this goes pink again.
Surf would you prefer to see a bunch of death spiral converts in the disclosures? Seems that way.
Material events = failure ?? Hmm
Seems plausible.
I thought there would be a grace period, but whatever. Not selling a single share. Go Hahalolo!
Yeah, I have a hard time believing that was a retail market order…
Sold my shares today…
Not 😂
While I do understand the knee jerk reaction to just call everything in the OTC a ‘scam’… that’s all you’re doing. No evidence whatsoever. The size of the production facility is not at all relevant as evidence of a ‘scam’. Every business HAS TO start somewhere. Who knows if they get some contracts expansion to a large facility could and likely would happen. Ground floor, new business, this is why I’m interested.
Go Melvin!!
Sub $1M mcap… this can rip like crazy if they get revs going and don’t increase the OS.
Outstanding Shares
1,183,994,694
04/26/2024
What’s with all the hate. New ticker should be HAHA just for the haters.
Surf this can move if they get some contracts imo
It's a risk to be sure. However, your comment is prescient because there's no way they don't know they need to file. I'm expecting filings soon, simply because that's what you do when you are a public company. By the way, don't forget there is a grace period before going to EM. Also, even if they do go EM, which I doubt they will, they can still come back current. I'm holding my small stake not going anywhere. Go Hahalolo!
Gut feeling here, they’re waiting for a monster and throwing back the little fishes. This SS is very rare.
The 350M shares you mention are $245K at .0007 this is a micro amount.
Fully diluted with all 3B (which is not the case) then market cap would be only $2.1M at .0007.
These are facts.
Why do you suppose the OS has only risen 350M? Could it be that the lion’s share of the offering won’t be issued until the revenues are secure and growing? What could the SP rise to in the meantime if that were to be case? OTC is always risky, that’s just the nature of micro cap investing. GL
Market Cap Market Cap
473,598
04/22/2024
https://www.otcmarkets.com/stock/GMZP/security
Outstanding Shares
1,183,994,694
04/22/2024
818,994,694 as of December 31, 2022
6,101,624,694 as of December 31, 2021
^^ This is not dumping heavily friend. This is a massively reduced OS which has then increased very little.
Big move can come on contract details imo. Also they said regular updates on that small build, could be finished already. Would be nice to see a finished prototype.
I wish it were different but they need to buy those shares back asap. If 500M shares hit the tape today this would be no bid imo.
I did a quick scan of the quarterly just filed a few days ago, don't see anything different but did not do a deep dive on it. I wonder when something will happen here.
That speaks volumes about the company smh. Sorry to hear. GL friend.
I had to read that twice to make sure my eyes weren’t deceiving me… wow. Have you tried asking the company if they want to buy them from you?? Wowwwww
I think this can go to pennies in one session… All depends disclosures. GL
Red to green possible wow
Interesting, thank you. I had not considered the possibility that Veemost might derive a majority of its current revenue from government contracts either directly or indirectly. It does make sense to me that could be the case.
Exactly. This could run to dime land or higher on OTCQB for all we know at this point. Or it could collapse to no bid on the EM. We won’t know until we know. Everything depends on what the company does. This is the OTC folks! Sometimes amazing things happen. Don’t invest more than you can afford to lose. Simple as that.
Agreed. I think it’s also worth considering that Veemost is in a natural transition stage as a company. I believe the future is very bright for GDVM.