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Good Vibrations Shoes Inc. (GVSI)

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Last Post: 7/24/2017 9:44:34 AM - Followers: 181 - Board type: Free - Posts Today: 2

Update: July 2017
New Company ~ New Vision
ELDER EYES
Merger and New CEO
http://www.prnewswire.com/news-releases/elder-eyes-llc-announces-merger-with-good-vibrations-shoes-and-the-appointment-of-a-new-ceo-300486774.html

Good Vibrations Shoes is acquired by Vindai Corporation in bid to dominate multi billion dollar police body camera industry to protect citizens from police brutality
Mon, 2015-07-27 01:27 PM

Vindai Corp. (OTCMKTS:GVSI) Crashes And Burns

Once a bit of due diligence on the company is done, it quickly becomes evident exactly why GVSI's total market valuation sank beneath a million dollars yesterday. Virtually every detail on this company that can be gleaned from its reports shocks with its mediocrity – and when put all together, they make for some pretty grim reading.

Let's start with the most obvious red flag - the company has had three name changes so far, two of which happened only 3 months apart. Back in march it allegedly filed to the SEC to be re-named “Long Beard Breweries”, a name better suited to its new business model.

Now that we've mentioned business models... GVSI has had a number of those. Investors are advised to take note of the end results of the last one:

Cash & current assets - $0
Goodwill & intangibles - $233 thousand
Total Current Liabilities - $334 thousand
No revenues ever
Annual Net Loss for 2015 - $3 thousand

Not much business going on in said “business model”, just an ugly picrute of OTC markets mediocrity. At this point, perceptive investors would probably not be surprised to learn that all of the company's liabilities take the form of convertible notes that can be turned into GVSI common stock, and the details relating to the discounts at which that can occur are lost to the mists of time. Also, each share of the company's Series “B” convertible stock is convertible into 500 shares of common stock.

Dilution has been a problem for the company in the past – which is why it has performed 2 10 for 1 reverse splits in the last seven years.


 

 


 

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PostSubject
#9196  Sticky Note GVSI Acquisition & New CEO News... stervc 07/12/17 08:27:57 AM
#8854  Sticky Note This is just a scam shell that someone ZorbaX 06/11/17 10:05:15 AM
#2362  Sticky Note Please stay on topic. The only topic to IH Admin [Dan] 05/06/14 09:36:37 PM
#9688   800 million vs 119 million. Asazealhex 07/24/17 09:44:34 AM
#9687   How much Outstanding Shares in this stock? BenH 07/24/17 08:22:28 AM
#9686   Couldn't say it better myself ,glta krmeek 07/21/17 03:45:35 PM
#9685   Yes, and we've seen exactly this kind of ZorbaX 07/21/17 02:41:17 PM
#9684   considering the new company coming on board (Elder ChipnBella 07/21/17 11:40:10 AM
#9683   I've been patient for a very long time ZorbaX 07/21/17 11:29:36 AM
#9682   We were printing some 4's and heavy 3's ChipnBella 07/21/17 11:25:54 AM
#9681   That was all a show for potential "investors." ZorbaX 07/21/17 11:10:19 AM
#9680   Friday is notoriously a slow day here in ChipnBella 07/21/17 11:04:51 AM
#9679   Where is the volume? My gosh. Sportsman81 07/21/17 09:47:41 AM
#9678   Yes, which they were already busted for https://www.sec.gov/litigation/complaint ChipnBella 07/21/17 09:37:46 AM
#9676   Paul Carlin/Ray Barton old fraudsters doing a bogus THall 07/20/17 09:42:32 PM
#9675   It will happen again soon parkwayvolta2 07/20/17 09:21:05 PM
#9674   Let's see how this plays!! .0003 got crushed Pstats 07/20/17 08:54:44 PM
#9673   Never say never is otc Land ;) parkwayvolta2 07/20/17 08:21:48 PM
#9672   Lol. Sure would. Lonestar1 07/20/17 06:02:08 PM
#9671   Wouldn't that be incredible lol :) parkwayvolta2 07/20/17 06:01:07 PM
#9670   .007 in 7 weeks. Like James Bond style. GVSI Lonestar1 07/20/17 05:58:33 PM
#9667   I agree 100% this is a dirty shell THall 07/20/17 03:46:24 PM
#9666   Lmao krmeek 07/20/17 03:43:21 PM
#9664   Obviously you don't know nothing is guaranteed in krmeek 07/20/17 03:38:06 PM
#9663   They're all just excited from all that churning. ZorbaX 07/20/17 03:15:02 PM
#9662   Yeah, no, I didn't think so. Just out ZorbaX 07/20/17 03:03:57 PM
#9661   Yep same thing happened with GRD 0 last $kytrader 07/20/17 11:30:23 AM
#9660   That Flash Buy. Yesterday Afternoon.started the Huge stir...Lets BRATTLECAM 07/20/17 11:27:55 AM
#9659   Added 4M, this one is a sure winner $kytrader 07/20/17 11:04:56 AM
#9658   In for 1 million shares. Sportsman81 07/20/17 10:47:19 AM
#9657   Bid Wall is Formidable...That Buy order in Afternoon..that BRATTLECAM 07/20/17 10:23:36 AM
#9656   people need to slow down with these wild predictions. ChipnBella 07/20/17 10:12:36 AM
#9655   Near a billion on the bid. Asazealhex 07/20/17 09:45:13 AM
#9654   Let's get this $$GVSI$$ party started!!!! Earlmerica 07/20/17 08:43:36 AM
#9651   Okay BigGold 07/19/17 04:36:25 PM
#9650   Don't worry you'll be able to get .0001 krmeek 07/19/17 04:34:34 PM
#9649   Over 100m 3 well over Slydogg27 07/19/17 04:28:02 PM
#9648   So many 3$ bought. I was lucky grab Slydogg27 07/19/17 04:26:36 PM
#9647   4-5's tomorrow morning, then this will move quickly magicnite 07/19/17 04:22:58 PM
#9646   That was part of a block trade "Dilution" THall 07/19/17 03:44:20 PM
#9645   What is going on- the Wall is 1.2 BRATTLECAM 07/19/17 03:43:14 PM
#9644   1 billion shares on the bid Chag 07/19/17 03:39:49 PM
#9643   GVSI DAM!! .0003 was about to clear out Pstats 07/19/17 03:30:12 PM
#9642   140 million ask at .0002 will be worth U GOT TRUMPED 07/19/17 03:28:37 PM
#9641   Majority of trading at 3...Today BRATTLECAM 07/19/17 03:25:47 PM
#9640   Read the PR. The guy has a PHD THall 07/19/17 03:24:40 PM
#9639   And your point is? Where in the article KingTomb 07/19/17 03:23:16 PM
#9638   The Ask Wall is 1 bill 2...lots of BRATTLECAM 07/19/17 03:16:48 PM
#9637   It is the merging CEO taking over this THall 07/19/17 03:16:42 PM
#9636   Not the CEO of GVSI. KingTomb 07/19/17 03:15:29 PM
#9635   goes from 300 million bidding at .0002 to U GOT TRUMPED 07/19/17 03:14:10 PM
#9634   WTH??? AGAIN??? Pstats 07/19/17 03:12:26 PM
#9633   Yes here is some background on the current THall 07/19/17 03:09:12 PM
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