Global Developments Inc (GDVM)

[ChuckBits]

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?