Global Developments Inc (PK) (GDVM) News

Benz so if you are, and I know you are a business broker, does any deals get done Always on time?

Asking because I work in a $100+ Billion-dollar industry that helps many people in the entire world that keeps people alive and seldom does big things get done on time.

I personally know a Billionaire that always strive to help the world, but timelines are often missed.

Melvin has done a lot for shareholders, compared to 99.9% of the OTC CEOS, like massive share structure decrease with no RS. Many more too.

Nimrods seem to have no integrity and have no problem trying to scare innocent investors from their shares.

Just saying.

Yes, hoping for a good report here should be good. Lets go $GDVM

Some people complain about everything. Just be happy you don't live next door to him, he would be complaining about your grass being too long.

Whoops, Q-2 Benz!

I believe you’re referring to Q #2 ?

I completely disagree with the way he runs this company, especially related to lack of information and not promoting the stock. Having said that the fundamentals are there in the long run, so yeah I think he’s a clown he doesn’t do anything on time ever. But in the long run, it do well.

Yet, you want more shares? Why call the CEO of the Company you want to buy more shares of a clown? Just curious!

Didn't you say

"Zero shares traded today, hopefully good news for me because I have dry powder arriving in late August"

Q-3 due in 2.1/2 weeks or 13.trading.sessions. That is why no sellers only buyers with miserable low volume since the June LOI.
https://edgarsolutions.com/resources/sec-filing-calendar/

The three CMF's show money being deposited in the bank since May with no indication of slowing down.
https://stockcharts.com/h-sc/ui?s=GDVM&p=D&yr=0&mn=3&dy=0&id=p65969904813&listNum=1&a=1709132190

My question is…with 2 months left of q3 2024….are we gonna hear about Cisco gold? Or was that a dangling carrot just to have us hold on to hope?

So nowhere does Melvin say when the LOI was originally signed. Everyone spends a lot of time assuming. This could have been signed months ago, and Melvin saw fit to announce it in a PR on June 28th. Ya’ll oughta just relax enjoy the rest of your Summer. We can pick up this discussion after the 3rd quarter filings are in. Then we should have a better understanding of Melvin’s intentions. As that’s when he said he would have the infrastructure in place for CSCO GOLD…have a great day all.

Maybe you live under a rock. Look around the OTC and you will see a wasteland of bloated SS, petty lawsuits, debt ridden shells, expert market dead money, and fraud. It’s a sad state of reality on OTC. Veemost and ME stand out on transparency, revenue, filings, profitability, industry position, liabilities, pretty much any metric you could choose, Veemost is a better stock than 99% of the OTC.

If the due diligence doesn’t pan out it may not happen. Hopefully it does but better to buy something viable imo.

No question he’s trying to execute his strategy so I’m good either way.

Getting a nice commission check on 7/31. Will have plenty to put to work soon.

Melvin is a clown with a zero integrity. People with integrity do what they say. they’re going to do when they say they’re going to do it. Melvin has a serious personality flaw related to integrity. He makes statements and makes commitments, but please detail for me, all the times that he has performed on what he said he’s going to do when he said he was going to do it. All the quarterly reports, the annual reports, everything else. Melvin equates to zero integrity.

Melvin has a game plan . We are shareholders some want instant and some are patient . Very simple .

Nothing ever happens when Melvin says it’s going to happen, or states a date or a time period. I’m a business broker, something like this can never get done in 60 days. Everyone should set their expectations where they really ought to be. I’m going to say six months which means end of December.

Sell your shares to me!!! Please

Read the PR. He said 60 days.

Yep, get the LOI, still think Melvin will get it done as quickly as possible because he hasn't done things quickly. That's my reasoning, and if I'm wrong, still not selling!!! That being said, get it done within the 60 days as you said in PR Melvin!!!

A letter of intent by nature is a non-binding document spelling out basic terms of a potential merger or acquisition. In most cases, the letter of intent would have a term limit ( the 60 days) and is not a purchase contract. I would think that within that 60 day. They could put together a purchase contract but when you’re talking about over $10 million in annual revenues, too many moving parts and too much accounting work and prorations to close something like that within 60 days. Most likely the closing of the acquisition and or merger whatever it is, would take about six months in total.

So, Melvin is being dishonest? Is that what you're saying? Have you read his book? Didn't think so!!! IMO this merger will happen, and it may or may not happen within 60 days, but I guarantee one thing, Melvin would not have signed the LOI if he didn't think it would happen!!!

Bleak…

The mysterious merger with no name. Can say I have seen this ploy a million times over in the wild otc west

John Kent says hold for gold jmo

On June 28th:

The acquisition is expected to be completed in the next sixty days, subject to customary closing conditions and regulatory approvals.

I'll check the chart to see when the acquisition will actually close...

Forget about here until September. They are off for the summer and hopefully will begin pumping again then, starting with this merger with unknown texas company.

Really wish he didn't use word like, "in the upcoming days". I forgot what words he used last time that insinuated news was coming soon and then he went ghost for months

Ok then tomorrow

Tomorrow will be 4 weeks which equals a month last I remember

Last week someone was saying it’s been a month

Everyone needs to get their dates correct it was announced June 28th

Think he mentioned within 60 days..

Wonder how long it will take Melvin to close the deal? Been a month now since loi news

Sideways is "fine", especially when the broader OTC market is in a downtrend as it currently is.

And that's a good thing in my book!

Actually $GDVM share price has moved mainly "sideways" past 7 trading days.

6 times closing from $.023 - $.024. Last Thursday close was $.0248 >

https://ih.advfn.com/stock-market/USOTC/global-developments-pk-GDVM/historical

Of course, there are some Nimrods here who refer to it as stealing shares, but when it’s a market trade, it’s buying shares, not stealing shares.

What it really means is the price per share is going down which is a bonus for me and many others because we want to pick up cheap shares…

Nope. Just means it's OTC "doldrum days". Happens many times with OTC traders going on vacation.

OTC trending down the past couple weeks anyway. So maybe a few zero volume days is a good thing for GDVM?

my opinions only

Wasn't no trades for a couple days a sign of a possible ticker change?

Yep, odd for sure!!! hmmm

Not here their not. No buys and nothing sold…zero shares traded

Me too…looking forward to it !!!

Zero shares traded today, hopefully good news for me because I have dry powder arriving in late August

And what's even more amazing is that folks here think that retail traders like us are buying the bid, and selling the ask.It's not happening....99% of trades bought on bid and sold on ask are MM's, not retail! Yes, they are our enemy. Anyone who say/s otherwise has blinders on
!

It means the MM's are filling their pockets. They are the only ones short in the OTC. Extremely obvious. But the folks here like to buy the bid, so that's where we are at!!!

Its means the MMs are filling someone else's sell order.

That’s cause if I slap the ask today the Mm’ers will fill me at $0.0225 and we don’t need that now do we. ?

Good question I mean not even low volume has printed.

Not today you’re not lol

Let’s hope so I’m still loading !!!