DevMar Equities Inc (CE) (DEVM) Quote

Darn... Mark has left this out in the cold, let it go then to someone else.

$DEVM
Well a New Year and New Projects for DEVMAR , they restructured and offices now in Florida .
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Lets see a lot going on
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https://devmardevelopment.com/news/

Well it looks like a lot of restructuring in the past year
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New website
https://devmardevelopment.com/about/
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Shelby and another person started their own business back up in Michigan where they started, so no longer on the Mgt Team , plus others have changed. Sold the one development just done, Ft. Myers starting up on construction. Others out there, so one never knows.
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However until this goes live again in Nevada SOS where it was domiciled, it will be dormant. It is a shell now, perhaps someone will pick it up .
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Lets See.

Man. What a disappointment this turned out to be. Anyone hear anything?

Agreed,
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The Profile needs to get out of the Expert Market and that will require NV SOS Filing updates also. Sent a message to them, all should do the same.
https://www.otcmarkets.com/stock/DEVM/profile
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Ft Myer project taking off finally
https://www.gulfshorebusiness.com/fort-myers-vantage-apartment-complex-breaks-ground/
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Plus changes made in upper mgt Shelby went back to MN and took some folks with her. That plus the move to Florida , then covid on the Hotel project seems to have changed the overall picture somewhat.
new website
https://devmardevelopment.com/news/

All these projects and the stock is in subs? what's up with this stock?

Updated Website, Management downsized said that before.
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Two New projects added
THE BREEZE seoond one now in Winterhaven
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THE SKY In St. Pete
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https://devmardevelopment.com/developments/

Yeah… they’re definitely active…. But not sure what’s part of the Public entity…apparently nothing but yes a sos update would be nice

Noted.... hard to figure out , unless the main plan way back when on making the projects into public backed stock , went bust when COVID hit and all the plans changed.
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They still have new projects coming up in Florida , so any can take this format.
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When they update NV SOS , will be an indicator something is happening.

I don’t understand this company smh

what a waste

yep , turning back into a SHELL apparently. So strange.
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they also changed their Mgt structure some left and started their own business back up North.
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Yet , they continue to get new projects in Florida and the long awaited Ft. Myers Project has broken Ground
https://www.gulfshorebusiness.com/fort-myers-vantage-apartment-complex-breaks-ground/
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Lets see

I know. How sad has this become. I’m not selling. No point now. What a waste of a beautiful ss. I’m still hoping.

What is wrong with these bozos? File already

I am sure they did , when one looks at the
St Pete Vantage being done
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THE METRO being sold
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and more to come .
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Unfortunately it is not under DEVM at this point and until (if ever) they again state the PATH of where that is headed, it will be up in the air.
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I do not see NV SOS updated at this point and that is also unfortunate. So for the time being it is in default with NV SOS , unless updated by Devmar . I have sent messages, Mark D has really not as much as I liked and respect his career , stepped up to being a CEO as far as OTC Markets is concerned or for the shareholders that got into this .
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Lets see, you never know, they have more project underway and all it takes is some updated filings. IF they do that , it will be a strong indicator

they should have made a LOT of money in FL in St Pete

Well no responses from Mark D or the attorney. NV SOS still in default
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I see from the Devmar Website that Shelby , Morgan and a few others are gone from the Mgt Team , so downsized, but still in Florida. Shelby and Morgan went on to make their own company back up North .
https://devmardevelopment.com/leadership/
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If nothing else the Shell may be picked up by someone and if so it is a great Share Structure Still.
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Lets see

No not yet, however due to the Holiday lets see if they update NV SOS , which will be an alert.
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I included Devin Bone (attorney) boss (Partner of the Law Firm who has direct connect with Mark also) , may not mean much , but let see.
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The real key is what is Mark D and Teams plan on DEVM , they changed all the offices information to Florida on OTC Markets and so forth , so we know there (was) is a plan to establish there in Florida under (at that time) a Public Entity .
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Any response yet

SCUBA , they missed the filing at NV SOS
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I sent a note to Mark Demaria (lets see) and Devin Bone their attorney at PA LAW saying it now shows in Default. A Real Shame and after Three plus years of communicating with Mark D , thought at least he would forefront in communicating with all in any format.
Also , although the completed THE METRO and RAINDANCE , plus now have THEY SKY project approved, looks like Three people are off the Mgt Leadership from their website.
https://devmardevelopment.com/leadership/
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Quote
"
Mike XXXXXXXXX
11:12?AM (2 minutes ago)
to mark, dbone, bcc: me

Mark DeMaria Devmar
Devin Bone , PA LAW
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Well Mark after communicating now for about three years during the Devmar Equities transition and through the Covid changes, it is part of life one would say that the for the shareholders in DEVMAR EQUITIES, they have lost the value of what once was very promising when you and your team took over the Shell back then .
The DEVMAR Equities is now a Shell again in OTC Markets and as of July 1, 2023 it is now in DEFAULT with the Nevada SOS since the filing deadlines were missed just on the Annual List Reporting. It appears the others side of Devmar Development continues to make gains in Florida.
see here
https://www.otcmarkets.com/stock/DEVM/profile
https://esos.nv.gov/EntitySearch/BusinessFilingHistoryOnline
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Out of respect for the DEVM shareholders , can you and your legal team give an update there if it is going to be active again . Thank you. XXXXXXXXXX
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What would be the reason for them not to file since it’s a legit company

agree,,,

$DEVM still here. Good they are keeping updated with Nevada Sec of State

Yet TBD on what projects, it may be the MID Town as that seems a fit
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Really the past , if you look at some my older posts incorporated an entire structure of the proposed EDGE (no longer) which was going to be the Hotel and the Ft. Myers project. The disclosures at that time had an entire breakdown of who , how it was split up on ownership and many other details.
Covid took care of all that and everything changed.
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Nevada SOS is still Active , so will continue to wait, hopefully there is a plan in the future, however there are still multiple projects coming on line. Lets see.

Are we sure those projects are under this ticker? I remember a year ago or so that there were multiple tickers. Anyone with a good memory or answer please update me. Thanks.

Big time I have seen the projects

Yes...their projects are great...not sure why he doesn't get filings up to date and PR his projects...this would fly

Well, DEVM Devmar Equities continues to stay active and current in NV SOS , if they falter there, then we will see. As long as they are active they can do anything they want. One option is they have some very unique projects coming up and that many be the plan here, time will tell.

Lets see , give it a day or so to show up in NV SOS

Didn't see any updates or filings...guess Marc is done with this for now

Yep

Noted, thanks . lets see they have to update their NV SOS this coming week (plus) that will be an indicator to me.

No just Mark

So did you get a reply from the Attorney D. Bone on that comment
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In any case , the NV SOS update has to be done this Month, lets see if they keep that up to date which would be a sign anyway to the good

Thanks for sharing that . Mark used to respond to me, but has dropped off for whatever reason, perhaps something will or is going on . Then I had the Attorney Devin Bone send me a note that they are aware of the status and it is being reviewed.
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So with that , I also will hold until what ever happens. They could have resold the Shell, or just let it drop off . I do know that in April they have to update NVSOS and that will be critical at that point.
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Lets See

I asked Mark about filings and just trying to become current again...This was his response...at least he is still alive.
I hope you understand, I am not at liberty to give you any information whatsoever on any future outlook on DEVM. You are putting the OTC co at serious risk anytime you contact me. I will have my counsel representing DEVM issue you a statement regarding insider information, and I am way out of my bounds on even responding to you as I am.

What’s the point in owning a shell to do nothing with it? If they can’t get through the red tape to bring Devmar Development public and lose she’ll status, then sell it to someone else. It’s only been 5 years, make something happen. Best of luck to anyone holding this. I’ll die before selling my shares and take them to the grave. Is what it is just wish there was more IS instead of if’s.

Well, just hanging in there , lets see.

Yes let's see.

Always have supported Mark D in the past, not to sure at this point if they have changed plans and are just going to do what they do.
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Lets see.

Doubtful

Hopefully he responds ,

Sent Mark DeMara a message on LinkedIn about getting current...will post if I get a response

Yes that is Devmar , they used Capstone for this , was on another post
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However
Oh, oh... OTC Markets shows it Dark and Defunct. Man oh Man. Not good.

Amazing… but i don’t know if it’s DEVM since they don’t update anymore

yea cant even stay current

goodness why not capitalize on the stock

Crazy this is down here with all their amazing projects...guess they don't need money from their stock

SAINT PETERSBURG, FL—Capstone has closed the $28,200,000 sale of The Metro: a 7-story, all studio furnished apartment community in St. Petersburg, Florida. The property’s $655 price per square foot set a multi-family sales record for Pinellas County.

Capstone’s Jad Richa and Cameron Hooper sold The Metro on behalf of DevMar Development and procured the buyer, a private investor out of the state of California.

“DevMar continues their Florida success story with the completion of The Metro. Our team was excited we could deliver the sale with a record setting PPSF, which showcases the quality and creativity the DevMar team takes in delivering on their mission of redefining urban living.” said Cameron Hooper, Capstone Senior Advisor.

The buyer is contracting with Mint House, a short-term rental firm, to operate the property. The Metro’s location within the Saint Pete Edge district makes it a perfect candidate for the proposed operational strategy.

According to Capstone managing director, Jad Richa: “This is a perfect illustration of the continued demand for multifamily investment assets across the Gulf Coast of Florida. Notwithstanding the current market dynamics, we were excited to successfully execute what I considered to be a significant premium to the current market.”

The Capstone team is currently partnered with DevMar on two additional developments in Fort Myers and St. Petersburg, for which Capstone is fulfilling the debt and equity capital requirements.

https://www.capstone-companies.com/28-2m-record-setting-apartment-sale-in-st-petersburg-fl/