Good Vibrations Shoes Inc (GVSI)

[DaReal]

Letter to Shareholders

http://solpowerco.com/Letter021014.pdf

RE: Letter to shareholders regarding convertible debt.
Dear Shareholders,
Over the past week I have received many questions about the company and specifically about the convertible
debt notes that are contained in our disclosure documents. I am writing this letter to you all in order to give you
further information, which is not normally part of a disclosure document. I will also give you a little peek as to
what we have to come in the near future.
Solpower Corporation had minimal operations for over six years, so naturally when we decided to go
public; there were outstanding bills that needed to be paid. In order to do this without using a lot of the cash we
needed for expansion, we took on a convertible loan. However, every note has terms and restrictions. Although
I can’t include the note in this letter, or lay out the terms of the note, due to the confidentiality clause, I can say
that there are two kinds of convertible loans. There are those that are toxic, and designed to have varying
conversion prices and be convertible at the whim of the note holder, often resulting in dilution, and there are
those which are limited, do not start converting for a year or more, have annual conversion ceilings, and are
designed to give the note holder a good long term return on their money while not diluting the shareholder.
Now, I know it is tempting to assume any note is the toxic type, and to prejudge the issuer of a convertible
note, especially in a microcap company, but it is completely unfair, and unfounded. The company that funded
us, does not engage in dilutive, or toxic financings, and has a squeaky clean record. They have never been the
subject of a lawsuit, investigation, or inquiry by anyone, and neither has any of their employees or principals.
Not so much as parking ticket. I know this because I checked it out myself. We looked at hundreds of “funding
companies” and 99% of them had issues in their past. It is impossible to operate like that and not have issues
very quickly. In closing regarding the note, I will tell you that you will NOT see dilution in this company unless
absolutely necessary. I cannot promise that not a single share will ever be issued, because I don’t know what
tomorrow holds, but I can tell you that the number of shares of SOCR currently outstanding will not increase for
at least the rest of 2014, unless there is an acquisition, merger, or some other situation for which the positive
effects far outweigh the negative ones. On that you have my word.
Now, with that said, let me give you a hint of what is to come. Our platform is really starting to catch on,
and we have begun generating revenue, which will show in our next disclosed financials. Our newest system is
evolving even faster! It’s potential fit into alternative healthcare like Medical Marijuana is perfect. While I want
to remind everyone that we are a software company, and I do not want to be “trendy” or latch on to the Medical
Marijuana hype, I do want to say that because of the attention, we started installation and configuration of our
system, and in preparation for use by several large groups of Medical Marijuana related firms. I truly believe
because of the anonymity the use of Bitcoin offers, and the ability to effectively “run a tab” securely using our
automated monthly billing debit and ACH system, that we could very well end up being the preferred billing and
payment system for that industry. We have meeting and conference calls with several associations and larger
organizations that would allow us to offer the platform on a nation and even global scale, and we are ecstatic
about it. In the near future you should see several partnerships announced, and they will be impressive.
Clearly, I can’t say exactly when or with whom, but it will be a very exciting time for us all.
I will try to make regular announcements, and to be as transparent as possible. This is not always easy,
and I am new to being “public” and to the microcap market. However, I am learning more everyday and I will do
my best to protect your investment, and to build the value of this company until it is a household name. I
remind you that I have never been a principal of a public company before. I am just a guy who is trying to build
a company, and promote a software that I truly believe could change the way healthcare professionals bill
patients.
Thank you very much for your time.
Respectfully,
Charles Neinstedt
CEO/President of Solpower Corporation.

hnry98a Member Level Monday, 02/10/14 03:31:43 PM
Re: DaReal post# 504
Post # of 507

TheReal666 ?@TheReal666 3h
@SolPowerCorp IF your System is that great, why did you sign those Debt Deals for $35k at a conversion price of .0001 = 350M shares?


@TheReal666 Do you have $35k to lay out at better terms? BTW, there are strict annual limits on the debt, 500k shares per year starting 2015

TheReal666 ?@TheReal666 1h
@SolPowerCorp IF those Terms are true, why aren't they in the Filings?

SolPower Corp ?@SolPowerCorp 57m
@TheReal666 there are four pages worth of terms, entire loan documents are not included in disclosure documents. It is not practical.

Does that answer it

So first it wasn't practical, NOW it is confidential and almost all related Tweets got removed. Very professional