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I really don't understand this shortage of dry powder? I have plenty of dry powder and I've been using it. I live in SC & it's really hot here so I sprinkle some dry powder on my ass Crack to ensure no dilution "down below".
Like everyone else here, I'm also hoping the PPS continues to creep lower! It's a win-win!
Which way? Up & down?
Go back to post 1063 & start there. Tabs, filters...
Just saw this...
How about this: One board for stock XYZ. Make it mandatory to select if your post is BULLISH, BEARISH, NEUTRAL.
Have a filter where the reader can select which of 3 types of posts they want to see. (silly to only want one perspective, but hey, it's your choice)
If someone says their post is BULLISH, and posts "this pos is a scam", the post is deleted. And vice-versa.
Puts more of a burden on Mods, but it's a thought?
I really don't understand why people are complaining and I can't think of a single thing to make the platform better? Since I've been using iHub, I lost 25 pounds, my mental acuity and memory has improved, my hair grew back, and my sexual vitality is like I'm 20 years old again. Geeze.
Amit, can I have free level 2 now?
I agree 👍
Funny. I forgot about Silicon Investor until you mentioned it earlier.
Apologies to others for this OT post (hope it's not deleted!)
I was there too, along with Raging Bull & probably something else I forgot? I'm a couple hours short of 63 and started out in the IT field as well, except the extent of my formal education is I barely graduated HS. I was quite successful at it so maybe smarter than I thought? Started programming using RPG on IBM System 34, then S36, & AS400. I remember being in a meeting where this "new thing" coming called the "Internet" was discussed. I had Internet access long before most. I was briefly "so much smarter" than all my friends. A topic would come up & I'd search the Internet (by dial-up modem) later that night & next time I saw my friends I'd casually bring the topic up & explain everything. "You're so smart". Was fun while it lasted.
I'm all for whatever makes iHub better! OTC is dying so less casino games to play now. Factor in I live in SC where gambling is a sin.
Cheers!
MIGA Make iHub great again...
On June 28th:
The acquisition is expected to be completed in the next sixty days, subject to customary closing conditions and regulatory approvals.
I'll check the chart to see when the acquisition will actually close...
Yeah, unless your long. I'm down 40% in ARKK & 65% in ARKG. She's my hero...
Never goood when Woods sells.
No. Retirement is not an option, (lol) I'm following you & I want to hold TSLA for the long term. Just looking for a good pps to buy back the few shares that I sold at $250...
Damn it! I recently changed my password from "1234" to "password" and they both show as "leaked". Now what?
Narrow indeed, thanks.
Hey, no fair! I've been following your analysis & you left me hanging. What did you mean by "right here"? I'm a "small" holder of TSLA & I've been mostly watching my shares swing up & down. Key word = watching. I recently sold 20% of my shares at 250 hoping to buy back around 210. Appreciate your "thoughts".
Check the chart for that information...
No worries, the chart already said this was going to the moon after something crossed the other squiggly thing. We're golden! Besides, just a few days ago the concensus was it's great that the pps pulled back a bit so we could all add cheap shares! Remember? If we're lucky, the price will keep dropping so we all can get richerer.
GL2US $GDVM
It is good for girl to meet boy in park, but it is better for boy to park meat in girl...
The price you pay has no relevance to the driving force. You didn’t cause the
energy the energy was caused by the catalyst which is closer to the source .
Huh, I'm not sure? I guess a PPS between $1.03 & $1.26 is "generally positive" and I guess I'd be OK with a 4,500% increase, in the NEXT 30 DAYS, but... Maybe I'll drink on it?
The VeeMost Technologies (GDVM) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $1.1462, representing a +4520.08% increase from the current price of $0.0248. The highest analyst price target is $1.2600, and the lowest is $1.0325.
That's a wild "forecast" but hey, anything is possible.
Happy 4th
I saw Kid Rock in concert 20 'ish years ago, great show! We should cut eb some slack though, he is clearly suffering a break down after watching his guy go full retard last Thursday!
I'm chilling in my condo right now, thank you. Don't have my best clothes on & I'm ready, but what's the issue with my question? Maybe I missed something?
Respectfully, what criteria are you referring to?
and let’s not forget the Criteria that GDVM just met
Yeah, we bought a small, 3rd floor condo in a concrete & steel building in SC about 20 years ago. Rented it a couple years & then moved in full time. Almost "no beach" during high tide so "close" to the ocean is an under statement. If I get frustrated about the size of the place, I turn my head towards the hurricane resistant glass wall/sliding door, without getting off my fat ass, see the ocean, and then everything is just fine...
Great to hear from Melvin today! One thing I've thought about during this "extended quiet time", that I haven't seen mentioned, is VeeMost has been around for about a decade, right? He's had to have been thru some rough patches before and the company continues to go forward. No reason to think he won't succeed.
Cheers
$GDVM
Oh, did I say I live on the ocean? It's 84 degrees & the beach looks real nice from the living room!
Looking real nice here today!
Actually, the "one simple reason" GDVM is "Pink Limited", is because Melvin chooses to file as "Pink Limited". Emphasis on "chooses", it is not a punishment.
I've posted this before and I guess people either don't believe it, or choose not to? By all means, if I'm wrong, show me where. (This is not just directed to you)
The pics/images posted below are all from the OTC Markets website:
The "Yield Sign". Note the reason for the yield sign is due to "Pink Limited Information".
Note the "Reporting Status" is Alternative Reporting Standard".
This is page 2 from the Q1 2024 Report. Read the rules for the "Pink Limited Information Tier". Companies in this tier ONLY need to file an Annual Report, Verify the Company Profile, & confirm the Transfer Agent! Note that filing quarterly reports isn't even required, no such thing as a "late quarterly".
Finally, this is a snapshot of the "Stock Screener" function OTCM provides. Under "Markets", if you select "Pink Limited", (without any other filters) you'll see there are 3,908 companies in this tier. I spent 30 minutes or so randomly picking companies and did not find ANY that didn't have a Yield Sign. So if you Report under this allowed tier of "limited information", you get a Yield Sign because you are providing limited information!
What I don't know, is can a company file as limited info indefinitely? Bottom line, the yield could be there for quite a while...
Actually hit .167 on May 11, 2021. I was holding 2.5 million shares with a total cost of about $2,000 for over a year. Started to run in April. When it starting dropping late April, I bailed for a $1k profit. "Yes, nice recovery!" If my crystal ball had been working & if I held for another week or so, coulda had $400k profit!
But I had fun, right?
Dude?
Two well ran companies I think.
I think your assessment of OWCP is a "bit soft". They never really had a product and so many involved were scumbags. At least the Feds were able to go after Jeffrey Friedland.
On December 4, 2019, after the parties reached a settlement, the Court entered a Judgment against the Defendants. (ECF No. 95). The Judgment found Friedland and Global jointly and severally liable in the amount of $2,089,979.02, plus pre-judgment interest in the amount of $69,020.98; found Friedland further liable for a civil penalty in the amount of $2,000,000; found Intiva liable for disgorgement in the amount of $20,000; for a total amount of $4,179,000.
I was part of that mess so I cringe when I read something that implies "maybe we will be like OWCP"! However, I do understand the hope & possibility of a big run, but as you said, on "substance".
GDVM is (was?) supposed to be "different" from the classic OTC crap. So far, things aren't exactly moving at the pace I & some others hoped for but I plan to hang around for a while and see how it plays out.
On a side note, I reached out to JK back when OWCP was around .08 - .10 cents, well before the run to dollars. He suggested that he was confident the PPS would reach .30 cents. Too bad I was greedy & dumb. After taking some profits, I went back in big on a pull-back. All on me, at least I got almost $14k back from the Fair Fund...
GL to Us
OWCP? Why would you compare OWCP to GDVM? Before you answer, "think"...
If the merger was complete, the public company name wouldn't still be Global Developments and the ticker wouldn't still be GDVM, right?
What part of "we can't say anything" was nice?
I think it's the name change from VeeMost Technologies Holdings, Inc. to VeeMost Technologies Inc.
From the November shareholder update:
Minority Status:
As part of the process to receive minority MBE status, the company name was changed to VeeMost Technologies Inc. It should give us an advantage in a few industries, especially in government contracting and large enterprises that promote diversity. Our goal is to complete this status for all states we are registered in by the end of Q1 2024.
And just below those notes:
Certain information and footnote disclosures normally included in financial statements in accordance with GAAP have been condensed or eliminated. In management’s opinion, the unaudited financial statements include all material adjustments, all of which are of a normal and recurring nature, necessary to present fairly the Company’s financial position as of March 31, 2024, its operating results for the three months ended March 31, 2024 and its cash flows for the three months ended March 31, 2024. The unaudited financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report for the year ended December 31, 2023.
The annual was not audited.
Melvin is developing stuff globally and that takes time.
(see what I did there? "developing" stuff "globally", get it?)
Birch, The information I posted comes straight from a Word document I obtained from OTC Markets. Name is: OTCPinkGuidelines - (v5 December 18, 2023)
It is very easy to access. Anyone can read it and confirm or dispute what I posted.
Enjoy your Memorial Day Weekend as well. (Unfortunately I'm making a jumbo batch of food for my sick, aging schnauzer & posting when I take a break! I plan to enjoy Sunday & Monday)
After digging a bit more, it appears "all" companies who file as "pink limited" have a Yield sign! One explanation of the yield says "warning, this company is providing limited disclosure".
Duh, the limited filer is providing limited information...
(The "duh" is on me!)
If anyone knows of a limited filer who does not have a Yield flag, feel free to share.
I really can't dispute anything you said here regarding technicals and the range GDVM has been maintaining.
However:
I admit that my pink companies exposure was limited.
I assume that your exposure to pink limited companies is even more limited. I know mine is!
I had no idea that pink limited filers don't even need to file quarterly reports! So while I was a bit disappointed & frustrated yesterday, now my attitude is "hey, Melvin, take your time bro, no worries, but please don't leave us in the dark, ok buddy"?
Eagle1,
I am also in the camp that believes late filing of quarterly reports will NOT boot a Company to the Expert Market. In fact, it appears a "limited information filer" isn't even required to file a quarterly report! If true, limited info companies are kind of riding the "short bus". It sucks, but it is what it is.
I pasted the rules below and bolded some points I find "interesting". Like how a PR MUST be issued when "earnings" are announced? So even though you don't need to file a quarterly, if you do, you must issue a PR. Melvin has NOT always done this so maybe that triggered the "yield"? In any event, the 2 year limit allowance to be limited perhaps ties into Melvin's "2 year plan".
.
.
Pink Limited Information Tier
Companies that do not meet the requirements of the Pink Current Information tier set forth above may still qualify for the Pink Limited Information Tier by meeting the following minimum disclosure requirements.
1. Annual Financial Statements: Publish one set of Qualifying Annual Financial Statements which cover the past 2 completed fiscal years, provided the most recently completed fiscal year is within the past 16 months.
2. Verified Profile: The Company must verify the Company Profile through OTCIQ, including, but not limited to, a complete list of officers, directors, and service providers; outstanding shares; a business description; contact information; and the name of all company insiders. “Company Insiders” shall include the beneficial owner of 10% or more of the outstanding units or shares of any class of any equity security of the issuer.
Ongoing Requirements: To qualify for Limited Information on an ongoing basis, companies must:
• Publish reports on the following schedule:
. Annual Financial Statements as outlined in Item 9 within 120 days of the fiscal year end. Should a change in FYE occur, no more than 16 months may elapse from the fiscal year end of the prior Annual Financial Statement.
• Review and Verify the Company’s profile information through OTCIQ at least once every 12 months.
• Maintain Transfer Agent Verified share data. If your transfer agent participates in the Transfer Agent Verified Shares Program, then your securities must have current share data verified by the transfer agent.
Current Reporting of Material Corporate Events
In addition to the disclosure requirements above, all companies on the Pink market are expected to promptly release to the public any news or information regarding corporate events that may be material to the issuer and its securities (including adverse information). Persons with knowledge of such events are considered to be in possession of material nonpublic information and may not buy or sell the issuer’s securities until or unless such information is made public. If not included in the issuer’s previous public disclosure documents, or if the material events occurs after the publication of such disclosure documents, the issuer shall publicly disclose such events by disseminating a news release within four (4) business days following their occurrence and posting such news release through an Integrated Newswire or the OTC Disclosure & News Service.
Material corporate events may include:
• Changes to the company’s shell status. Please refer to our FAQ on Shell Companies
• Changes in control of issuer
• Departure of directors or principal officers; election of directors; appointment of principal officers
• Entry into or termination of a material definitive agreement or material agreement not made in the ordinary course of business
• Completion of an acquisition or disposition of assets, including but not limited to merger transactions
• Creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of an issuer
• Triggering events that accelerate or increase a direct or contingent financial obligation including any default or acceleration of an obligation or an obligation under an off-balance sheet arrangement
• Costs associated with exit or disposal activities including material write-offs and restructuring; Material impairments
• Unregistered sales of equity securities
• Material modification to rights of security holders
• Changes in issuer's certifying accountant
• Non-reliance on previously issued financial statements or a related audit report or completed interim review
• Change in a company’s fiscal year; Amendments to articles of incorporation or bylaws that were not previously disclosed in a proxy statement or other such disclosure statement.
• Amendments to the issuer's code of ethics, or waiver of a provision of the code of ethics
• Any changes to litigation the issuer may be involved in, or any new litigation surrounding the issuer
• Officer, director, or insider transactions in the issuer’s securities
• Disclosure of investor relations, marketing, brand awareness, and stock promotion activities which might reasonably be expected to materially affect the market for its securities or otherwise deemed material by the issuer
• A company’s bankruptcy or receivership
• Termination or reduction of a business relationship with a customer that constitutes a specified amount of the company’s revenues
• Any material limitation, restriction, or prohibition, including the beginning and end of lock-out periods, regarding the company’s employee benefits, retirement and stock ownership plan
• Earnings releases
• Other materially different information regarding key financial or operation trends from that set forth in periodic reports
• Other events the issuer determines to be material
.
End of paste
I don't recall a PR when the shell risk was removed either?
I remember many years ago telling my wife about stock trades. She got freaked out when I said something like "yeah, I lost $1k on that thing". (I'm sure it was more)
If my wife knew she would fire me.
She said "don't tell me this stuff until I retire"
Well, she retired 1 year ago and I still don't say anything...
I know, hope I'm wrong!