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Garden City Beach, SC. We live in a condo on the beach where there is "NO beach" during high, high tides. Waves are splashing on our pool deck as I type this. Got a couple hours to go but I think we'll just have flooding until the am?
...and headed my way.
I posted exactly what is on the VeeMost website and said nothing about revenue, sales, income, etc. My point is MANY posts have been made regarding that dollar figure and some view "pipeline" like the water coming into your house:
"It might not be here yet, but it's on the way"...
From the website: https://veemost.com/about-veemost/
STRONG PIPELINE
We have a strong pipeline of over $75M in contracts and services from both government and enterprise organizations.
If it's on the website, then Melvin said it, right? Probably why it's been referenced & posted here a couple hundred times too...
Melvin's too busy to issue a PR, remember? If he weren't, imagine what 1 PR with 1 paragraph would do if he simply told shareholders the status of the shell risk & ticker/name change...
Too bad Rory J. Cutaia, James P. Geiskopf, Kenneth S. Cragun, and Edmund C. Moy weren't on the same plan as Wagner Group leader Yevgeny Prigozhin!
When viewing a reply to a post, it doesn't show the "user name" of the post being replied to.
Thanks. And yes, I "think" that is correct but there are many "if, ands, & ors" with this stuff so I don't want to pretend to be an expert! I did some research on "super 8k's" too and they mentioned audits as well, not sure if it needs to be an annual or if there's a work-around...
All good, I appreciate your posts...
I wouldn't hold shares if I didn't think it was possible...
This wasn't a SPAC, it was Reverse Merger. SPAC's do an IPO to raise public funds and as you said, have more rules and take longer. There was no "IPO" here.
Reverse mergers have been used as a way for private companies to raise capital, increase their visibility, and gain access to public markets. On the other hand, a SPAC is a publicly traded company that raises capital through an IPO with the intention of acquiring a private company.
Also, and not directed at you in way!, "quiet periods" for OTC Pinks are pretty much a myth and used as an excuse when a company remains silent. Even if there was a quiet period, it means "forward looking" statements like "we are really kicking ass and expect future revenues to be astronomical" can NOT be made.
Melvin's total silence is why there are so many speculative posts here. Maybe it's this, maybe it's that... blah blah blah. I am fairy confident the ticker/name change CAN'T happen while GDVM has the Shell Risk label. If I'm correct about that, it's why I've previously mentioned the removal of the SR is the most important thing right now. I also think a financial audit is required and hoping it doesn't require it to be an annual? A "super 8k" might suffice but that's another subject.
FWIW, I only got in here in early May around a Nickle and don't have as much invested as most claim, but that doesn't preclude me from voicing an opinion on a message board. (Kind of like when someone buys 1 share of Microsoft & gets to ask a question at a shareholder board meeting.)
With that, if Melvin released a basic update regarding the current status, think about how far that would go to ease investor concerns? I'm not talking about typical stinkie pinkie stuff like "we are planning to make a plan to sign tentative MOU's, LOI's, etc to make all shareholders rich." More like:
As of the date of this PR, I want to let shareholders know we have provided FINRA/OTC Markets with all required data to execute the ticker/name change and to have the shell risk label removed. Additionally, we have answered all questions to date presented to us and along with our attorney, we believe we have satisfied all requirements. Thank you for your continued patience.
Finally, I think the attitude of "leave Melvin alone, he knows what he's doing & nothing can possibly go wrong and how high will the PPS go is nuts!" He might be a genius at implementing IT solutions, but so far, he hasn't demonstrated that at managing a publicly traded company. And if he's "too busy" to communicate with shareholders, we'll, since he's the CEO, CFO, CIO, E-I-E-I-O, etc, and the company is positioned to make millions of dollars, maybe he should hire some help?
Cheers
They "said" they did, but I don't recall that the PR firm ever issued anything? Maybe they were fired, or Melvin just didn't fill-in the blanks on the form...
My understanding is the Tesla truck bed size is compatible with most ICE trucks. BTW, how much storage is there in ICE frunks?
He clearly said "financing", which I was not aware of.
Hopefully the financing will remove the shell risk.
Why are you so easily offended by a simple question? Hopefully you're not holding your 5 year old since you shake your head so much. That can lead to brain damage which would explain a lot.
I hold 1 share of HCMC at a cost of $1,500. Current PPS .0001
I love seeing it in my account!
What "financing" are you referring to?
Yes, well said. Melvin should file the Q when he's damn good and ready! I'm sure this will have zero impact on what he's trying to accomplish here with the name/symbol change, investor confidence, etc. The delay is probably because it's taking longer to count all the revenue that came in!
Financials can be filed whenever Melvin wants to file them, or are properly completed as long as he’s willing to pay the penalty. Some things in business happen when they happen. Not when the calendar says they’re due.
I read "your" post & copied and pasted EXACTLY what YOU posted. No need to get shitty. So does this mean you agree that Melvin f'ed up in more ways than one?
1) He filed an unnecessary NT
2) He stated the wrong date the (not) late filing would be filed
If not, maybe your 5 year old can tell us what Melvin was trying to convey?
If the actual filing deadline is Aug 14th, (Yes, ontime due date is 8/14) why would Melvin chose the 15th for his NT extension deadline (He didn't, he said the "late" filing would be on the 5th, which would've been ontime, & not possible since the 5th was a Saturday) when he would have 5 extra days for the late filing? Which with the weekend would make it due Aug 21st.
So what is the obvious answer why he filed an NT on 7/31?
Hint: Occam's Razor
So if it was an "obvious mistake", then Melvin knew he f'ed up, right? (If he didn't know that's even worse) He or the "PR firm" could have issued a statement to correct the NT which absolutely made no sense! And, why did so many people come up with BS reasons of "what he meant to say", or try to create excuses?
Does anyone wonder how this might effect the cussip/name change, shell risk status? Maybe someone can post a pretty chart telling us when the administrative side of the business will be straightened out.
PS I don't hold 100's of thousands of shares like most here claim but I am a shareholder & I ain't selling over this F up, but yes, I'm annoyed...
Huh?
All this talk of EV's killing people is really depressing. I think if I read this board and owned a Tesla, I'd park it in my garage, shut the door, roll down the windows and kill myself by carbon monoxide poisoning...
I concur. People making fun of Elon are clearly racist and should be banned. As far as I know, he is the most successful African American to date.
I am happy that he is part of us as Americans.
F Meyerson too. This is an employment contract dispute, I think, right? So technically he's after "shareholder money". How much money did scumbag board members get too? Think about it: you have a buddy who tells you "hey, I'm good at selling a story, I need people to keep their mouths shut and just go along with everything I do, if you do that, I'll make you a lot of money".
Maybe Meyerson grew a conscience & wanted to "talk"? WTF was his "bonus" for anyway? I better shut up now...
Everything is fine here, the delay is probably due to the "Jewish holidays".
Remember that excuse!
A bigger point (IMO) is of all those recalls, how many are handled OTA (over the air), or by a technician coming to your home/work to make the "repair", (like Tesla does) vs bringing the vehicle to the dealer?
Jenny? (8675309)
Indian "dot", or "bow & arrow"?
I liked Yesterday a lot more than today...
All good. My turn to post a bunch of words! Don't know if you recall, but I "inherited" HIVE shares via the RM back in 2017 from a shitty gold mining shell I held! 200 shares. I looked into whatever this crazy "crypto stuff" was at that time and kind of went "all in". My proprietary hindsight algorithm says I was a bit early!
I hold shares in 4 accounts. I was able to trade my average "down" to about $6 pps in 2 accounts & booked about $7.5k profit. However, the other 2 accounts hold the bulk of my shares and they are IRA rollover accounts with little equity so not much trading. So once again my hindsight algorithm says I should have dumped other holdings and dove in around $2 pps. Funny how that works.
So even though my total average is around $10 pps now, I am optimistic for the future. HIVE is still doing "ok" with BTC mining and since they were crypto pioneers, I think they have their stuff together with AI. Unlike companies that "said" they were dot.com or weed based to ride the wave, HIVE started shifting for AI early. I think they are in a good position to capitalize on the AI technology while still mining Bitcoin, so my fingers are crossed they will reach the "real ATH" in the not so distant future.
Good luck to us!
I wish Port! The split adjusted ATH (according to my data) is $28.75
PPS hit 5.75 on 2/19/2021, before the 1 for 5.
Only a matter of time, Go AI!
Yo Port! I'm still "here"...
Cheers
Thank you and others for the civil conversation. FWIW, I have been an iHub member since 2014 and played in the OTC for much longer. I've made few bucks thru the years but have also been burned more than I'd like to admit so I am more cautious now.
I hope to increase my position in the near future.
Cheers
I think you are also agreeing (somewhat?) with my original point that the current SR tag is important and therefore based on what is likely required to remove it (audited fins, etc), it will be a major catalyst WHEN it is removed.
You just made my point. The stock can NOT go forward to QB, Nasdaq, etc as long as it's labeled a shell risk. As long as GDVM trades on OTCM, then it matters what OTCM calls it, regardless of the competence of the OTCM individual.
While you, me, & some others hold the stock, I am sure there are many who won't touch it as long as the SR warning is there. It's baffling to me how people ignore the level of importance of this? Hopefully it will be resolved soon and forgotten.
Enjoy the weekend...
Thank you. I am aware of the RM and the "last filing" for the unaudited Q where the "no" box is checked as to shell status. However, technically is it not a "shell risk" until OTCM says so? I am not here to bash the company. I'm simply saying IMO nothing is more important than the removal of the OTC shell risk tag.
Most important catalyst is what? How can the top 3 not be:
1) SHELL RISK
2) SHELL RISK
3) SHELL RISK
FWIW, I'm invested here, but I'm going nuts with all the usual "it's the market makers, it's the shorts", & all the usual OTC conspiracy theories. (I'm assuming audited financials would be a precursor to the SR removal) but can any of the other positive possibilities even happen while we're a shell risk?
Somebody help me understand while nobody even mentions it?
PS, I'm not "new" to the OTC
Why not keep it as is?
G*d Damn VeeMost!
Just for fun What could the new ticker be? VEEM, VMST, V???
This is exactly why I tell everyone to please NEVER carry a cell phone! I recently discovered my Fold 4 contains a lithium battery! I used to carry it in my pocket, but due to the constant fear of geomagnetic, Hutchinson effect, solar storms, global warming, & other terrifying events, I make my wife carry it. A sudden explosion could blow my pennis off and everyone knows the pennis is the most vital organ to propagate the human race.
Be safe.