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This is not "new", they've had these certifications for at least a year. In fact, they expire in a few weeks (Jan 24th). "Yes", these are very good but definitely not "gold". I'm not holding my breath for "if" they achieve gold, but I'm sure Melvin will keep us updated (sarcasm).
Great news? May I ask where you get your "news" from? Also not sure what Cisco Gold "not far away" means, unless you mean like Elon Musk is "not far away" from colonizing Mars?
JK died for us. Many of us speak to him through the spirit world. Jesus Khrist will save us, and GDVM, you just need to believe. Remember our prayer:
No Dillution
No Dillution
No Dillution
No Dillution...
I'm not worried at all about dillution. First, Melvin would need to figure out how to do it, then he would actually need to accomplish it!
Thanks, exactly why I said mid April...
Next report is the annual which will likely be mid-April so you need to double your "sideways" time...
Why not blame climate change too?
Tothe, there is confusion in your numbers. $835,331 was Q3 Revenue, not profit. Which is down significantly from Q2 revenue of $2,383,912 which was down from Q1 revenue of $2,760,524.
VeeMost had a net "loss" of $16,369 in Q3. But yes, $5,979,767 revenue for the 9 months ending September 30 & net income of $1,626,192 is good.
The back to back revenue decline and CISCO Gold nowhere in sight should explain the PPS...
Did you really say this as if it's odd?
For every large purchase there's a large sale to match.
LOL
Believe me, I know. Same China post over a YEAR now...
Regarding the same post you have made for OVER ONE YEAR NOW, do you know if the Chinese guy in China driving the Tesla made in China had Chinese food in the car? Eating with chopsticks while driving could have been the problem?
Melvin's tweet TEN MONTHS AGO stating VeeMost has "met all the requirements for CISCO Gold".
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VeeMost Technologies
@veemost
VeeMost has met all the requirements for Cisco Gold Certification and we have just applied for the certification. We will keep you informed.
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#veemost #cisco #gold_certification
9:31 AM · Feb 27, 2023
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40.8K Views
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Yeah, yeah, yeah...
He meant to say "then we are all fucked". The fun part though is of course Melvin didn't tell us "why" he thinks it should have been approved or "why" it was denied! This way we all get to continue guessing what the problem is!
I thought a stock "correction" meant the PPS is correcting back to where it's supposed to be? How much lower before everything is corrected?
Chinese proverb:
It is good for girl to meet boy in park,
But it is better for boy to park meat in girl...
I previously noted this & I'm confident the answer is "no". Kind of like telling the cop who pulls you over, "no, I haven't had any alcohol", after he says "I smell alcohol, have you had anything to drink tonight"?
I assume you are saying "1/2 of a quarter" for Q1 based on a post here and not the actual Q1 report? The actual Q1 report also states "for the 3 months ending...". It also discloses the revenue up to Feb 19th ($818k). So the $2.7 mil is a full quarter.
I realize mid-February was the RM, but GDVM acquired VeeMost along with it's cash, AP, AR, etc. so it's "their revenue".
Like I said, read the headings. Q2 & Q3 figures are "YTD".
The headings clearly state "For the 9 Months Ending September 30". Q2 was reported the same way. It obviously trips a lot of people up. Revenue for Q3 was $835k, a 65% drop from Q2 ($2,383,912).
I'm certain the imminent letter to shareholders from Melvin will address this along with the shell risk, ticker change, & Cisco status...
Benz is off by $1 million, so he's fired as our CPA. Your numbers are much closer, which are indeed excellent numbers.
Seems annualized is closer to over $3 to $4M net?
Yes, you can be the CPA...
Supply & Demand. We need more of one & less of the other. Until that happens, market makers will make the market. (Technical term = dick around)
When the expected goals are reached, things will change & hopefully fast...
I concur
Negative? Seriously? Plus childish name-play? Wanna go there? I stated a simple fact that the Q COULD NOT be published over the weekend. That's it. Your "friend" is an asshole. If you want me to be negative, ask me my opinion of the "verified profile" & "CISCO Gold" status. I'd really rather not since I do hold shares. Let's see what Monday brings?
"Over the weekend" is not possible. The report must be filed during EDGAR business hours. Deadline for today is 5:30PM EST.
Shell risk?
Actually it's a good thing you didn't bring up the most important issue effecting the stock. I figured out why Melvin won't go near the subject, he must have a severe "shell risk allergy"!
Yeah, I hope the transportation secretary (Buttigieg) doesn't get "behind this". I wouldn't want that guy on my ass!
I prefer the "Disturbed version".
Greetings. I think the bottom line here is you and I simply disagree. And that's fine, the board is for "opinions" and neither of us can claim to be right, or wrong, right?
With that, I can think of 3 reasons why Melvin would choose to go public to the "OTC".
With this in mind:
If they do not need to raise money and do not plan to up list to a
big board in the immediate future the PPS is not really important.
1) The company(Melvin) wants to "raise capital" to expand organically, sell more products/services or offer additional/new, products/services to increase revenue.
2) The company(Melvin) wants to acquire similar companies to do the same as #1.
3) The company(Melvin) wants to "raise capital" to line his own pockets and those of his associates.
Bottom line, you go public to "raise capital". What other reason is there? He can't successfully do anything while remaining silent as a "shell risk" with a declining PPS. Therefore, IMO, the shell risk can not be ignored and is "the" most important thing to attract investors at this point.
With that in mind, why did Melvin choose to take VeeMost public?
Holy cow! Did you really just compare GDVM to TSLA? yesterday, GDVM had 35 trades. TSLA had 1,046,269. So that's "thirty five" to "one million, forty six thousand, two hundred, & sixty nine. Therefore, I find your comparison capricious and arbitrary and move to strike!
GDVM is being avoided like it has Covid because of the shell risk. Every time I say "we need a PR explaining the shell risk situation", without fail some people will say "yeah, I want more PR's too". (Just like you thought that's what I'm saying)
I can't be more clear than saying the shell risk is the most important issue right now, if not the ONLY thing that matters. The ticker can't change and the stock simply can't go forward. The longer Melvin stays Mute (about the shell risk), the shittier things will get. Why is he leaving us to guess? Imagine being accused of being a pedophile and saying "no comment". (Yeah, that's a bit harsh but the silence is killing me)
If you're satisfied with the situation now, think how you'll feel at sub-penny because there's no reason to think it ain't coming.
I'm heading to a college football game shortly & will be at my bar watching NFL tomorrow so I won't have time to whine much here this weekend. Enjoy your weekend...
As I've posted in the past, I've done this multiple times (unfortunately) with TD Ameritrade and never had a problem. They usually don't even charge a commission. They do it as a courtesy. They'll "pay me" a dollar or whatever for the lot & then charge about the same as a fee. I have no idea what your account value is (none of my business) but I'll assume you have other holdings & I don't know if that matters?
I would be pissed and would definitely call them on Monday. Ask for a manager, what their complaint process is, etc. Tell them this is bullshit and "you know people who do this with no issue with TDA".
Offer to pay a $25 fee or something like that. Ask them if "you" can open a second "trading account" or something like that in your name to do it. Or if you can open an account in your wife's name, a friend, etc to do it. If you can & they make you go that route, before you go thru the hassle, be sure to tell them you be closing both accounts immediately after execution because their service sucks and you want to work with a broker that actually has customer service.
Good luck.
To be clear, I don't think it's a scam either, and a PR with the fins would be swell, but that's NOT what I'm saying!
We need a separate, detailed PR specifically regarding the shell risk and what's being done about it.
By how much and for how long?
Other fundamentals could move the stock while waiting for shell risk removal
Half a cent? A week or 2? This was part of the reason for my rant last night! Remember, "Shell Risk" is serious. It means "Potential scam", regardless of what any of us think.
BTW, the bulk of this post is not directed at you
And "yes", it is very likely an annual audit is needed, but I saw stuff like a "super 8-k". It was a bit confusing to me so maybe not?
The POINT is we are all left hanging because Melvin chooses to remain MUTE. There is no good reason for this. People who say stupid shit like he's "too busy", or he's "wise to save PR money" is what fires me up. The company may be doing great, but the stock isn't, and that's why we're all here. Is it wise that he can't spend an hour and maybe $1k for a PR while the PPS tanks and hovers around 2 cents? And shareholders are left speculating, guessing, and inventing conspiracy theories as to what is going on.
While researching "shell risk removal", I did a Google search for terms like "OTC shell risk removal options". I didn't find anything we don't already think we know, but I did find a handful of "letters to shareholders" from other OTC companies that included detailed timelines explaining their situation.
Example:
On m/d/y, we received notice from OTC markets that our stock was tagged as a shell risk. We promptly contacted OTCM for an explanation. We also contacted our lawyer for advice of our options.
For a recap, shareholders should know our business is solid and revenue is strong. I can assure you we are NOT a shell company. As you also know, other positive catalysts are possible.
On m/d/y, we provided A,B,C to OTCM. We received a response on m/d/y informing us we need to blah, blah, blah. We are working diligently on these items and are confident this issue we be resolved.
While these tasks are progressing, we appreciate your patience and look forward to continued success.
The Mute
This is what real companies do.
This is the OTC, "quiet periods" are FUCKING BULLSHIT. Knock it off.
Know what matters? The F'in SHELL RISK!!!
Why can't people figure this out? Cisco gold? Yeah, cool. That might help "VeeMost", but does dick for the "public company", currently known as GDVM. Nobody here has been f'ed by a "holding company"?
No, I'm not looking for cheaper shares, I'm not a mythical short, & I don't work for a secret market maker!
The ONLY thing that matters is the FUCKING SHELL RISK!!! Guess why the ticker can't change? F'in SHELL RISK. Why won't "the Nigerian" talk about the SHELL RISK?
Before I go, here's the top 3 catalyst:
1) SHELL RISK
2) SHELL RISK
3) SHELL RISK
PS, If you don't agree, just ask John Kent
Triple axel salchow
I'm not the one saying it's a potential scam, OTC Markets is. And before you bash OTCM, keep in mind that's where we trade, so yes, it MATTERS.
I agree, NOTHING has changed, we are still a SHELL RISK, a.k.a. "Potential Scam", (That's what Shell Risk means) and ticker hasn't "changed" either. Which also explains the "No Dillution" chant that's constantly posted. Thank God! Who the hell is going to lend money to a Shell Risk! I can't imagine what the terms would be?
As far as the reply, I seriously hope it is fake because it's f'in lame.
I am aware of the sentiments within the OTC market at the moment
What does this mean? It's OTC's fault? If so, tell us why. Tell us what's been asked of you, when, and what you've done to respond & solve the issue.
And yeah, you do control who buys & sells by giving them a reason or incentive to.
I will include a post on forecast so that investors will know what we are working on
Well said. What?
Basically, he said GFYS.
Please tell us you made this up & it didn't come from Melvin.
I posted about the ".39 cent PPS thing" a few times. I also tried to explain it in detail to MMJ but he never replied to me so, whatever.
Not saying this is fact, but this is how I see it so try thinking about it this way:
The "Fund" determined that a "fair PPS" was .39 cents BEFORE, or without the Friedland pump. It's also easier to calculate if you had NO sells during the period. So if you paid 1.00, you overpaid by .61 cents due to JF. Since you didn't sell until after the period ended, your claim is .61 X the number of shares purchased.
If you paid .25 early on, JF had no impact on the PPS and you had the opportunity to sell for profit.
If you paid .25 later, after the pump & during the slide (for the good 'ole average down) you should have known by then something was fishy due to the spike & crash and talk about JF.
I think they're saying if JF never existed, the PPS would have hovered around .39 cents until something "real" happened, positive or negative.
Also, when I say "should have sold, or known", I include myself since I was a sucker too & took a big hit. Hope that helps?
Owns a brokerage! You believe that? Gee, why didn't someone just swing by his office or call his secretary? It's part of his gig, ya know. "Hey, I'm JK, aka Superman"!
He's picked winners for years but I never considered him a fiduciary or someone to come after for giving "bad advice" but It's totally F'ed up for him to just take off without a simple tweet.
Did you make contact via a "Ouija Board"?
Exactly, and we shouldn't make fun of the mentally incompentant, like Biden. C'mon people.
Yeah, you forgot to say SHELL RISK.