VeeMost Technologies Inc (VMST)

[SDCRBS]

Thank you, Eagle1

I'm looking forward to riding this all the way to the NASDAQ. One of the accomplishments that Melvin has achieved is obtaining a CUSIP Number. When reading about the importance of this (see below), watching Melvin's stated goals and seeing him check them off with no hype or pumping gives those who are investors reason to look to the future. See why the CUSIP number is important below.


Why Do Investors Need a CUSIP Number? 🔍
Why would anyone who isn’t working in Wall Street need to know about CUSIP numbers? Well, to be honest, we ‘civilians’ don’t have too many applications for this knowledge, but there are a few benefits that more interested investors can reap by knowing the CUSIPs of all their investments.

First of all, a CUSIP can help investors with research. When you research a financial product using its CUSIP, you’ll get data on who is the exact owner, what the exact type of the financial product is, and some other most up-to-date info. This makes the nitty-gritty in-depth fundamental analysis easier, especially when it comes to fixed-income securities which are often harder to find and distinguish between. So, once you’ve identified and signed up with a stock broker, you can use CUSIP numbers to conduct necessary research on securities you’re interested in before investing.

Second of all, various financial forms you need to fill and give to your broker, the IRS, and other institutions will require you to provide CUSIP numbers for your investments—it is easier to do this if you’re prepared ahead of time and have all the CUSIPs ready. Also, some bond purchases will require you to fill out forms that require a CUSIP, so knowing how they work can be a relief for any investor’s bureaucratic burdens.

And finally, CUSIP numbers are used by companies to track to whom they should send dividend payments and how much. Therefore, knowing a CUSIP can tell the investor the exact yield of any dividend stock or bond—that way, you can be sure of what you’re getting when buying these passive income assets.