fung_derf
13 hours ago
Some have used OTC stocks and setups like this to be very successful. Some have used such to fund retirement plans and some no longer have a need to invest as they are enjoying the windfall of their financial decisions post 59 1/2 already.
Do you read the other penny stock boards??? Pain and suffering abound.
Your statements read like "I always go to the horse races and bet on the biggest longshot! Sure I lose most every time, but maybe one day......"
The only people who make money on the penny stocks, are criminal insiders and pump and dumpers.....this isn't an opinion, this is 25 years of me researching stocks.
This board is the same as all the rest....certain posters post of large returns, while others who listened bought it and are hoping and praying.....then when the stock does its pump, "certain posters" tell you to hold strong, while they are dumping into you......this isn't anything new and every board claims they are different.
There is smart investing, and there is gambling.....well over 90% on IHUB are gambling and I see it as my mission to try to help people not make mistakes.
Free will may be a gift from God, but suicide is still illegal.
fung_derf
15 hours ago
Nope. In the past, I have bought a couple, just to show people you can read a chart and beat a pump and dumper at his own game, (I post when I bought it and sold it and why), but no. I wouldn't buy enough of a penny stock to make any difference to me.
I have bought real companies for very short term gains to pay for a trip or golf cart though. .....and my house for that matter. I bought my last house for cash from 4 months of trading by buying big tech stocks
Penny stocks are for suckers. If you look at the Nasdaq website, they will even tell you so.
https://finance.yahoo.com/news/nasdaq-considers-stricter-delisting-rules-195619355.html
https://www.nasdaq.com/articles/7-myths-about-penny-stocks
fung_derf
15 hours ago
Yes. One step would be in having audited numbers. Probably also entail a reverse split. (not necessary, but likely)
My point is, IF you believe this stock has huge possibilities, then you'll have plenty of time to get in. Much more strategic to watch and invest elsewhere, but have money ready on any real news. Otherwise, you're just praying for a pump and dump opportunity here.
The last big run on this stock from start to finish took 6 months, and that turned out to be a big nothing.
People on penny stock boards throw around the "millions of shares" they own, but that's $10k per million shares. While that's enough money to be wasted watching the share price drop, owning $10k of a stock surely can't be life changing to anyone?
Whoever invests enough into a penny stock to make a difference, isn't an investor, they're a gambler and missing out on the free drinks in a casino.
The ONLY two ways to make money in penny stocks (for the record, I think that should be zero ways), is to own it for a short term and get in when the chart shows you a pump is coming, and out before the dumpers do.......or to be one of the pump and dumpers.
Eagle1
5 days ago
GDVM CEO is Plausible.
In the world of business, where share dilution is often an inevitable part of growth and expansion, one company stands out for its unconventional approach.
No Share Dilution: Unlike many startups and growing companies that dilute shares to raise capital, this company has managed to expand without issuing additional shares. This preserves the value of existing shares and keeps shareholder equity intact.
A CEO Committed to Shareholder Value: Our CEO isn't about pumping the stock; they're focused on sustainable growth. In an impressive move, the CEO has personally decreased their operating shares by a staggering 90%. This action not only demonstrates confidence in the company's long-term vision but also significantly enhances the value of remaining shares.
What This Means for Investors: With no dilution, the ownership percentage of each share remains constant, potentially leading to greater returns as the company grows. The significant reduction in the CEO's shares is a clear signal of their dedication to the company's success rather than personal gain, fostering trust among investors and employees alike.
Confirmed daily NO Dilution insert-text-here
Sustainable Business Practices: This company has shown that you can scale up operations and increase market presence without relying on traditional funding methods that dilute shares. It's a testament to smart financial management and strategic planning.
I asked Grok2 and I agree. JMHO
fung_derf
6 days ago
Good post....but then with all those disclaimers, it must be asked. why do it?????
At least with a lottery ticket you get to see the numbers.
You all could have bought a number of AI stocks recently and quadrupled your money in weeks if you like excitement! Havoc and craziness is all over the market right now. Why would you sit for years on a company that tells you little to nothing? And according to some of the posters here, the CEO is not as open and sharing as you imply.
Last March this stock was 3 cents, today its .0114. The whole market goes up while people have lost 60% here?
For the record, I don't post for those who know what has happened to their money and don't care. Its for the newbies who may want to consider this and aren't getting all the facts due to a biased board.
One last thing, so many penny people claim its money they can afford to lose. If that's the case, then being right won't change their lives either due to the small "investment". These are called gambles and typically people look for a short term payoff.
If you're in a penny stock for more than 3 weeks and didn't hit the pump, then they bought it wrong.
Plato_
6 days ago
I agree, there are many unknowns. That's the nature of pinks. You're not going to see institutions investing here. Pinks are extremely risky if not outright scams. They're not the place to be gambling your savings nor rent money. Many will learn this the hard way (market tuition). It's a place to bet on tickers with money that you can afford to lose and not lose any sleep over. For some, it's also an interesting pastime. Certainly more entertaining than buying a lottery ticket. And like a lottery ticket, if you get the numbers right, the rewards can be incredible. But lottery tickets are not for everyone, and neither are pinks.
Many of us, especially those that have been here awhile, feel "our day" is still ahead of us. We could be wrong. But this is risk capital. We understand the risk. For me, this story hasn't played out until the fat lady sings. The ballads I'm looking for are successful reverse merger (completed), launch of e-commerce store (completed), ticker symbol change, Cisco gold certification, and uplist to Nasdaq. I would also like to see a significant investment in product marketing and promotion at the appropriate time, perhaps after the ticker change.
Why GDVM? Foremost, because we believe in our CEO. He seems like an honest human (no pumping, no diluting, a man of faith, updates his shareholders when there's something worth sharing, etc., etc., etc., call it a gut feel); technically competent, and tenacious about his vision. If he says his goal is to uplist to the Nasdaq, I have faith that we'll be there one day.
Disclaimer: These are just my opinions not advice. Do your own due diligence.
fung_derf
7 days ago
Who really controls your stock?
On June 3, 2022, the Company’s majority stockholder at the time, sold their 3,150,000,000 shares of the Company’s
common stock, as well as a demand note of up to $50,000 due from the Company, both to the same third party, whom
then became the Company's majority stockholder moving forward.
On October 13, 2022, the majority shareholder converted these 3,150,000,000 shares of common stock into 50 shares of
series A preferred stock. Prior to this conversion the Company had filed a certificate of Designation of Series A Preferred
stock on October 20, 2022, to create 50 Series A Preferred stock with super voting rights. As detailed in the company’s
certificate of designation of the Series A Preferred stock filed with Delaware Secretary Of State, the holder of the Series
A Preferred Stock votes together with the holders of other classes of Preferred Stock and its common stock, as a single
class, and is entitled to 60% of all votes, entitled to vote at each meeting of stockholders of the company, and written
actions of stockholders in lieu of meetings, and also all matters presented to the stock holders of the company for their
consideration or action.
The Company had also filed a certificate of amendment with the Delaware Secretary of State on November 1, 2022,
which reduced the Authorized Common shares to 1,500,000,000 and Authorized Preferred Shares to 50
On February 21, 2023, Global Development Inc., and VeeMost Technologies LTD, an Ohio LLC, completed a merger. Prior
to the merger, VeeMost Technologies LTD was a privately owned LLC, owned by Global Developments Inc.’s preferred
shareholder. VeeMost Technologies LTD merged into Global Developments, Inc., with Global Developments Inc.
becoming the surviving party. The consideration paid was 20 Series A preferred shares. Each preferred share converts at
a rate of 200,000,000 common shares per share
The Company had also filed a certificate of amendment with the Delaware Secretary of State on March 28, 2023, which
reduced the Authorized Common shares to 850,000,000
fung_derf
7 days ago
In truth, you really don't know what he's doing with shares or taking on debt or how the company exists without revenues.
This is an unaudited company, so you're dealing with many unknowns.
Financials are currently not available.
https://www.otcmarkets.com/stock/GDVM/financials
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Plato_
7 days ago
Greetings, iamadog! You make great points. Thank you for them. I would like to expand on longevity and no dilution. VeeMost was founded in 2002 according to its website. So, its longevity to date is about 23 years. VeeMost has been a public company for 2 years. It's during this latter timeframe that there has been no dilution. Presumably, VeeMost was a private company for the first 21 years.
On or about February 21, 2023, Global Developments Holdings, Inc. completed its merger with VeeMost
Technologies, LTD., with Global Developments Holdings, Inc. being the surviving entity. https://www.otcmarkets.com/otcapi/company/financial-report/361162/content
These are just my opinions not advice. Do your own due diligence.
Plato_
7 days ago
About us
VeeMost Technologies Inc. is your trusted partner in delivering innovative, customer-focused IT solutions designed to empower your business. As a minority-owned technology provider, we specialize in providing IT consulting and professional services in the areas of networking and cybersecurity, collaboration, datacloud solutions,, and managed services that help organizations of all sizes achieve their goals efficiently and securely.
Our commitment to excellence is matched only by our dedication to helping businesses thrive. With the launch of our VeeMost Technology Store (store.veemost.com), we’ve made it easier than ever to access cutting-edge technology products, software licenses, and accessories—all from a single, reliable source.
Are you looking to enhance your IT infrastructure, safeguard your data, or streamline your operations? Whether you’re a business leader, school administrator, or government agency, we have the expertise and solutions to help you succeed. As a proud participant in the USAC E-rate program, we’re uniquely equipped to serve educational institutions with specialized services, equipment, and SPI invoicing options.
At VeeMost, we don’t just provide technology—we deliver peace of mind. Let us partner with you to solve your toughest IT challenges and position your organization for future success.
Visit www.veemost.com to learn more, or start exploring our product offerings today at store.veemost.com. Let’s build your future, together.
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Just noticed that the VeeMost LinkedIn page has been updated to include information about the VeeMost Technology Store . ✔️