Global Developments, Inc., (OTCMKTS: GDVM) continues higher with power easily eclipsing the highs of December and currently on a powerful blue-sky breakout northbound. While GDVM is a penny stock and that carries a number of risks this is about as good as it gets on the OTC; GVDM is moving up steadily on a locked float with little resistance and little selling as the stock embarks on a new wave northbound recently surpassing its highs from December. The VeeMost reverse merger which was consummated earlier this week makes GDVM one of the few technology companies nationwide to achieve four or more Cisco advanced specializations, putting it on the path to becoming a Cisco Gold Integrator Partner. As a result of the merger, GDVM has been renamed to VeeMost Technologies Holdings, Inc., and an application has been submitted to FINRA to change the issuer’s name, ticker symbol, and CUSIP.  

According to the release VeeMost intends to acquire technology companies and cyber security companies as wholly owned subsidiaries and is already in active discussions with two potential acquisition targets with whom it anticipates reaching an agreement in the near future.  As we stated in our last article on GDVM in January when the stock was around $0.05; reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors. Such was the case when Air Wisconsin merged into HRBR when the stock was under $0.05 and over the next year HRBR ran to highs over $3 per share. Another was TSNP which ran from well under a penny to over $7 on the Humbl merger. Magic does happen in small caps and recently it did on HKD. New CEO and controlling shareholder, Mr. Melvin Ejiogu has instituted a no dilution policy as well as affected a massive share reduction. We will be updating on GDVM when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

Global Developments, Inc., (OTCMKTS: GDVM) has been renamed to VeeMost Technologies Holdings, Inc., and an application has been submitted to FINRA to change the issuer’s name, ticker symbol, and CUSIP. The new Company; VeeMost Technologies provides Digital Transformation solutions and services to organizations, specializing in architecting, deploying, and managing secure digital solutions and platforms for customers to be more efficient, profitable, and relevant in their businesses. The Company has served over 1 million users (about the population of Delaware) over the years and has benefited many of the leading enterprises and government agencies around the world. Major divisions of Veemost include VeeShield, Innovation Hub, and Workforce transformation. The Company’s specialty is in architecting, deploying, and managing secure digital solutions and platforms for customers to be more efficient, profitable and relevant in their businesses. VeeMost partners to implement technologies with leading industry vendors such as Cisco, Microsoft, Palo Alto, Juniper, Forcepoint, Splunk, VMware, Citrix, 247VooIP, Barracuda, Check Point, Force Point, Splunk, Yealink and many others. VeeMost also provides end-to-end strategies to customers looking to use technology to optimize, build, effectively run a resilient business operation and culture, and drive growth.  

VeeMost is the only Cisco Premier partner on the OTC. If Cisco GOLD is achieved, VeeMost would be one of only 64 companies in the United States with that partnership, and, the ONLY one on the OTC. According to an excellent twitter thread on GDVM, looking at the Cisco Gold partnership List & being extra conservative using entry level 10-percentile of the list, we would see VeeMost falling into around $35mn in Rev & $90-$100mn Market Cap if Cisco Gold Partner is achieved. This does not take into consideration any new developments. 

$GDVM – We are pleased to announce that we have been approved as a vendor by a global telecommunications provider, and we are working to get the shell status removed from $GDVM. Further updates coming.

— Melvin Ejiogu (@MelvinEjiogu) February 17, 2023

GDVM CEO is Mr. Melvin Ejiogu who is also the Company’s controlling shareholder with at least 76.56% of voting rights on GDVM. Mr. Ejiogu is a very devout Christian and author of the book “The Greatest Reality Show” available on Amazon. Mr. Ejiogu holds several top-level certifications in the I.T industry, and he is one of the few individuals who have earned the prestigious Cisco Certified Internetwork Expert (CCIE) certification. Mr. Ejiogu is also a high-level executive, who in his partnership with Fit Technologies in Cleveland Ohio where he served as the Director of Business Development and Director for Technology Engineering, was instrumental in growing the company’s annual revenue from $8M to $28M in a few years. Melvin has provided services to the US Federal Courts, Internal Revenue Service (IRS), United States Airforce, Fidelity Group, and many more. Melvin contracted with AT&T Labs and is recognized as an expert in delivering Transformation Services to enterprise organizations and was key to AT&T’s multibillion dollar contract with the United States Airforce.   

VeeMost recently launched VeeShield; an always-on, easy, fast, and highly available cloud-delivered security. Multiple security features are combined into one easily accessible solution, extending protection to all devices, onsite and remote users. VeeMost has cyber security experts who help organizations build and implement security policies. Using specialized tools, VeeMost customers can gain visibility and control across their entire technology infrastructure, having the ability to prevent, detect, remediate, and report on security threats.   

$GDVM Everyone needs to check out this thread of tweets! Naked shorting/squeeze plays have been hot recently. @KentsBrokerage has documented proof of it on this ticker below. This stock has the best potential based on the DD and now add in MMs selling synthetic shares back and… https://t.co/xOPTRNCZTG

— Nole (@thenextpennyy) February 17, 2023

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On February 14 GDVM and VeeMost Technologies, LTD reported they have entered into a merger agreement through the exchange of preferred shares. As a result of the merger, Global Developments Holdings, Inc. has been renamed to VeeMost Technologies Holdings, Inc., and an application has been submitted to FINRA to change the issuer’s name, ticker symbol, and CUSIP.  

Founded in 2002, VeeMost is a team of experienced industry leaders and professionals led by its CEO, Mr. Melvin Ejiogu, who has over 25 years of experience in the technology industry and holds numerous top-level I.T certifications, including the Cisco Certified Internetwork Expert (CCIE) certification. Melvin has achieved success at multiple IT organizations including serving as Lead Principal Architect & Designer at AT&T Labs as well as a prior partnership with Fit Technologies in Cleveland, Ohio.  

In his first full year back at VeeMost as CEO and President, Melvin is focued on taking the company to new heights. As a result of this vision, VeeMost has made substantial additions to its engineering and sales teams and has been recognized as a Cisco premier partner and integrator. Furthermore, during the past eight months, VeeMost has achieved four Cisco advanced specializations: Advanced Enterprise Network Architecture, Advanced SP Architecture, Advanced Collaboration Architecture, and Advanced Security Architecture. VeeMost has become one of the few technology companies nationwide to achieve four or more Cisco advanced specializations, putting it on the path to becoming a Cisco Gold Integrator Partner. VeeMost is committed to becoming a strategic partner for Cisco and other industry leaders by providing deep technical expertise in a variety of disciplines.  

As a result of cyber security incidents increasing at an exponential rate, organizations spent a collective $188.3 billion on information security products and services in 2022. In comparison with last year, cyber security spending is expected to increase by 12.4%. VeeMost has strategic alliances with most industry-leading security vendors, including Palo Alto Networks, Cisco Systems, and many more. In addition to providing strategic consulting and planning services, VeeMost offers implementation services, managed services, and technical services to organizations seeking to mitigate cyber security threats, meet regulatory requirements, and keep their businesses running smoothly. The Company’s 24x7x365 NOC/SOC operation monitors its customers’ networks and security infrastructures, detects threats using AI and machine learning algorithms, and mitigates issues immediately to ensure seamless operations. VeeMost is also looking to capture a significant portion of the $490.3 billion in 2022 cloud market share and is planning to launch its own innovative cloud services and solutions in the second quarter of 2023, making it publicly available to organizations and consumers.  

Due to VeeMost’s strategy on multi-year and long-term revenue streams and a current client retention rate of over 98%, the company is well positioned for short-, medium-, and long-term market penetration success and explosive growth. Aside from organic growth, VeeMost intends to acquire technology companies and cyber security companies as wholly owned subsidiaries. The Company is currently in active discussions with two potential acquisition targets with whom it anticipates reaching an agreement in the near future.  

VeeMost’s CEO Melvin Ejiogu stated: “I am ecstatic with what we accomplished in 2022 and look forward to what lies ahead in 2023, which appears to be shaping up to be an extremely successful year for the company. Over the years, VeeMost has developed a high level of technical expertise across the entire Cisco Portfolio, as well as multiple advanced specializations. Additionally, we have expanded our relationship with other leading vendors, such as Palo Alto. These achievements demonstrate and validate our ability to collaborate and innovate technology solutions at scale for our customers and deliver a high level of customer support.” 

$GDVM Accumulation still rising and set a new high today. Many find it hard to grasp why this is so strong a key reason is MMs are super short and underwater and are having a hard time covering. Watch L2 closely you will see this on a daily basis. pic.twitter.com/rQWX82gMpG

— John Kent (@KentsBrokerage) February 16, 2023

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Currently trading at a $42 million market valuation GDVM OS is 368,333,637 down from 3.5 billion in September and a fraction of the 4.5 billion os TSNP had when it ran from under a penny to $7 per share on the HMBL RM. While GDVM is a penny stock and that carries a number of risks this is about as good as it gets on the OTC; GVDM is moving up steadily on a locked float with little resistance and little selling as the stock embarks on a new wave northbound recently surpassing its highs from December. Things are starting to heat up as the reverse merger with VeeMost was consummated and the Company looks to expand rapidly through acquisition and is already in active discussions with two potential acquisition targets with whom it anticipates reaching an agreement in the near future.  We will be updating on GDVM when more details emerge so make sure you are subscribed to Newsytrends.com by entering your email below. 

Disclosure: we hold no position in GDVM either long or short and we have not been compensated for this article.