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Smart Investors Daily
GD

OTC · GDVM

Global Developments, Inc.

Financial Services · Shell Companies

$0.01

Down-$0.00 (-1.59%)

Updated Sep 11, 2026, 6:45 AM

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Market cap
2.98M
P/E ratio
Dividend yield
52-week range
— – —
Volume
1.06M
Avg. volume
701.02K

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Overview

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Company profile

Global Developments, Inc. is no longer investing. It is a principal investment firm specializing in acquisitions and early stage financing of emerging growth companies. It acquires portfolio companies as a wholly owned subsidiary or as an investment in a minority stake. The firm seeks to be the lead investor with substantial management control. It also helps its portfolio companies grow through mergers and acquisitions before spinning them out through an initial public offering or direct sale. The firm does not confine its investments to any particular industry or geography. Global Developments, Inc. was founded in 2006 and is based in Vancouver, Canada.

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GlobeNewswire Inc. · Jun 28, 2024

VEEMOST TECHNOLOGIES, INC. SIGNS A LETTER OF INTENT TO ACQUIRE TEXAS-BASED IT COMPANY.

Red Bank, NJ, June 28, 2024 (GLOBE NEWSWIRE) -- VeeMost Technologies, Inc. formerly, Global Developments, Inc. (OTC:GDVM), a publicly listed leader in innovative IT solutions, is pleased to announce that it has signed a Letter of Intent to acquire a prominent Texas-based IT company. This strategic acquisition will enhance VeeMost's capabilities and market presence, as the Texas company generates annual revenues of approximately $10 million.

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