Global Developments Inc (GDVM)

[cmacktrades]

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

2. Latest report ending 12/31/2022 shows no convertible debt. The only debt listed is an unsecured $27,269 nonconvertible and non-interest bearing note from Melvin to cover TA fees, accounting fees, OTCM fees, etc. - https://www.otcmarkets.com/otcapi/company/financial-report/363732/content

3. The TA updated the share structure yesterday confirming no changes to the share structure since 3/31/2023, when the authorized shares were reduced from 1.5b to 850m -

$GDVM

💰0.0635
Pink Current, AS: 850M, OS: 368M, US: 324M

Authorized Shares Updated:
🔴 1,500,000,000 (2023-03-13)
🟢 850,000,000 (2023-03-31)
Difference: -43.3% (-650M)...
Full Details: https://t.co/rBdVVzLMU4

— OTC Updates (@OtcUpdates) April 1, 2023

and https://www.otcmarkets.com/stock/GDVM/security