Replies to post #7874 on Global Developments Inc (GDVM)

[Semperfiguy]

"Shell risk" is not the same as "Shell".

[Curt D]

The shell status has been removed. It used to have the shell there, now just the fact that it could still be a shell risk at this point.

If you look at the company profile page and scroll down, you'll see that it states "NO" for Shell.

https://www.otcmarkets.com/stock/GDVM/profile

[tothe]

@Jbduke; Sometime it takes weeks for OTC Markets to update share structure after 10's so I expect it takes time to drop shell logo from the Quote banner page.:
~~~ However GDVM has achieved Solicited bid Quotes or PQE as of March 9... which I don't believe in a New York minute because the complaints on the board. However, if you notice lately GDVM has narrow spreads....
https://www.otcmarkets.com/otcapi/company/financial-report/361162/content
~~~ Note the highlight on the Quote page
https://www.otcmarkets.com/stock/GDVM/quote
PROPRIETARY QUOTE ELIGIBILITY

What is PQE?
https://blog.otcmarkets.com/2021/10/15/amended-sec-rule-15c2-11-impact-a-more-transparent-global-otc-markets/

Example of no PQE
https://www.otcmarkets.com/stock/GVSI/quote
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.