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Good Vibrations Shoes Inc. (GVSI)

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Last Post: 9/19/2017 4:36:39 PM - Followers: 167 - Board type: Free - Posts Today: 0

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
#9758   Update on this matter as well.... ZorbaX 09/19/17 04:36:39 PM
#9757   You guys might get a laugh out of ZorbaX 09/19/17 04:30:15 PM
#9756   Still working on their construction project. Such ZorbaX 09/19/17 04:23:26 PM
#9755   I don't understand why all this merger info Earlmerica 09/05/17 08:39:52 AM
#9754   Guess that pump and dump merger deal fell THall 08/30/17 10:12:25 PM
#9753   AHEM! Another? Scumbag Fraudsters 08/24/17 07:44:48 AM
#9752   Probably all liquored up!!!!! Earlmerica 08/23/17 08:56:05 PM
#9751   Anyone know what the beer guys are up Chrisny73 08/23/17 06:42:42 PM
#9750   For sure parkwayvolta2 08/22/17 02:23:16 PM
#9749   Pay off debt and get current, good to see!!!! Earlmerica 08/22/17 01:51:20 PM
#9748   Yes its called dilution. Thats the only thing THall 08/22/17 10:29:22 AM
#9747   Huge volume here. Something may be brewing. OTC Knight 08/22/17 10:23:18 AM
#9746   Already 100 M volume today , hmmmmm? parkwayvolta2 08/22/17 10:11:25 AM
#9745   Yeah i bought in for a hold a Cgerd 08/22/17 09:30:02 AM
#9744   Maybe another strong day today Cgerd 08/22/17 09:29:16 AM
#9743   Good to see the volume here yesterday Rainer 08/22/17 09:18:16 AM
#9741   Yes it will tusambolo 08/21/17 09:30:14 PM
#9740   LOL no it cant. THall 08/21/17 08:08:05 PM
#9739   For sure , today was a lot of parkwayvolta2 08/21/17 04:13:09 PM
#9738   Ok news can make this an easy 10 tusambolo 08/21/17 03:48:14 PM
#9737   Yeah I was thinking the same thing , parkwayvolta2 08/21/17 03:26:16 PM
#9736   Lot's of volume for no news day. tusambolo 08/21/17 03:17:29 PM
#9735   Interesting day parkwayvolta2 08/21/17 02:28:20 PM
#9734   Meh, it's just paint. You and I ZorbaX 08/11/17 12:11:49 PM
#9733   Nice volume for this Poo Poo Platter THall 08/11/17 11:16:17 AM
#9732   Motre 2s are on the way!! topdog52 08/10/17 03:56:47 PM
#9731   Nice to see 2's after awhile parkwayvolta2 08/10/17 01:29:44 PM
#9730   We'll find out in a few weeks. A ZorbaX 08/10/17 09:01:56 AM
#9729   Is the statement at the top of the Earlmerica 08/09/17 11:12:51 PM
#9728   Great news on the way....this stock is still garbage. ZorbaX 08/09/17 03:55:40 PM
#9726   Right? I would like to find out where ZorbaX 08/08/17 04:28:03 PM
#9725   Ray Barton gives his sincere thanks to the rmarc 08/08/17 01:55:52 PM
#9724   Please do what you can to shut down ZorbaX 08/07/17 11:01:08 PM
#9723   For those of you who lost money in Chrisny73 08/07/17 03:24:16 PM
#9722   Looks like they dumped all they could with THall 08/07/17 08:51:17 AM
#9721   Thank you for the incite. Learn something new everyday!!! Earlmerica 08/05/17 01:12:14 PM
#9720   Here is something everyone new to pennyland should ZorbaX 08/05/17 12:19:19 AM
#9719   Full disclosure: ZorbaX 08/04/17 03:40:25 PM
#9718   So is this Elder Eye thing just a Earlmerica 08/04/17 02:23:43 PM
#9717   Remember BRATTLECAM pretending to know this stock and ZorbaX 08/03/17 07:01:42 PM
#9716   Lot of dumps at .0001 today. People getting ZorbaX 08/02/17 12:48:37 PM
#9715   Looks like its about time for some more THall 08/02/17 09:53:33 AM
#9714   Read post #8854, sticky at the top or ZorbaX 08/02/17 09:30:53 AM
#9713   And they should be in jail for fraud Lonestar1 08/01/17 11:43:24 PM
#9712   Carlin was not taken for a ride. Carlin rmarc 08/01/17 03:38:47 PM
#9711   I really hope you don't believe that. ChipnBella 08/01/17 03:32:56 PM
#9710   Paul Carlin, the owner of Long Beard Brewing rmarc 08/01/17 02:56:48 PM
#9709   Long Beard backed out of this stock, they ChipnBella 08/01/17 10:09:18 AM
#9708   What's your history here man? Just wondering because it parkwayvolta2 07/31/17 07:45:53 PM
#9707   There always is. Until it turns out false. ZorbaX 07/31/17 04:04:30 PM
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