Replies to post #17741 on Global Developments Inc (GDVM)

[Eagle1]

Even though the PPS now is down, we are still the Best OTC out there IMO.

[MasterBlastr]

No Cisco Gold because they don't have a working portal. A software company doing business on paper and pencil.

Utter disbelief.

[chemist72]

I don't think Investors will let the PPS drop to that low of .006 support basement.

I don't think GDVM sp will drop that low either. That post was merely to note a point of reference for those wondering how low GDVM might go.

It would be unusual not to price in some future positives (regarding revenue growth and other positive financials) for GDVM to enhance that book value number.

So while I believe $.0062 will NOT be the bottom here, I think that you would agree that almost nothing is impossible on the OTC. As a point of reference, I own an OTC ticker with a 9-month profit of ~$.01. It's share price is also about $.01, meaning it has a P/E ratio of about 1! If that is typical for OTC tickers, then it is very unlikely any OTC ticker will be a good investment for the mid- to long-term. lol

Anyway, hope this explains my motivation for posting a factual book value for GDVM.

I'll be posting more thoughts about GDVM as I continue to do my DD on this company.