Global Developments Inc (GDVM)

[ChuckBits]

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.