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Good Vibrations Shoes Inc. (GVSI)

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Last Post: 8/11/2017 12:11:50 PM - Followers: 173 - 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
#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
#9706   Google search of GVSI comes up with Long MinnesotaWolf 07/31/17 03:54:25 PM
#9705   Becoming current on OTC? Lonestar1 07/31/17 03:32:49 PM
#9704   Very nice news on the way GAINSDAY 07/31/17 10:30:18 AM
#9703   Me as well parkwayvolta2 07/30/17 07:49:40 PM
#9702   I for one am curious as heck, for Earlmerica 07/28/17 07:44:19 PM
#9701   Copy that, I remember, my apologies for any implications. ZorbaX 07/28/17 03:51:33 PM
#9700   I have never made any predicions, in fact ChipnBella 07/28/17 03:33:53 PM
#9699   Notice that BRATTLECAM, topdog52 and ChipnBella have not ZorbaX 07/28/17 01:54:09 PM
#9698   There's no "thrill of the chase" when you've ZorbaX 07/28/17 09:25:47 AM
#9697   Looks like the hype from the bogus merger THall 07/28/17 08:10:02 AM
#9696   Im still here 42.2 mil waiting bought at Slydogg27 07/27/17 08:53:07 PM
#9695   I can't find the connection to ELDER EYES Earlmerica 07/27/17 08:48:02 PM
#9694   Yes, they are. Most left last week ZorbaX 07/27/17 04:30:26 PM
#9693   I can only hope that all the weak Earlmerica 07/27/17 02:59:48 PM
#9692   Same parkwayvolta2 07/26/17 08:18:24 AM
#9691   Still here. Just waiting on news. VASH87 07/26/17 06:37:56 AM
#9690   Hello? Where did everybody go? C'mon you guys.... ZorbaX 07/25/17 07:22:01 PM
#9689   And they have obviously backed away to leave ZorbaX 07/25/17 09:49:01 AM
#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
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