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6 months late paying NVSOS and hundreds of thousands of dollars in delinquent debt will give anyone a bad feeling. This company is just a mess.
Not sure if the Bearded Brewers got conned or they are part of this scam. But Im leaning towards they know exactly whats taking place. And if they dont, well they shouldn't be in business in the first place.
They have not updated Filings
Late Business License and Listing Fees
No Name change as promised 4 months ago.
No Updates or weekly newsletter as promised.
Not a good feeling about this at all. Gonna let it ride. But i think my 10 yr old daughter could have made a better website than this. Court ordered debt thats defaulted is no bueno
Just a little FYI: TPAC has a running deficit of 23 million dollars. They wont be showing a profit anytime soon. Well, I mean ever...
Oh and one more thing. That 10Q wont come out till March so plenty of time to get cheapies. 20 thousand dollars goes a lot further at .0001
20,000 thousand dollars at opening bell Monday:
HINT:
10Q: TO SHOW PROFITS $$$$
Thats really unfortunate. But many have lost their saving in this scam. All the DD points to this being a SCAM but Bill seems to have naive investors in some sort of trance. I guess he really does think they are dumb.
Cant wait to see that 20 grand lost Monday. Hope its on the ASK and not the bid. On the bid would be bad. Ill be watching the volume at opening bell, this should be hilarious to watch. Never seen 20 grand just chucked out the window before.
20,000 thousand dollars at opening bell Monday:
HINT:
10Q: TO SHOW PROFITS $$$$
Anything is possible down here. Just got to be careful especially with this one TPAC. CEO is a well documented liar. Play the ticker and not the company.
Noway to know the TA is gagged. The last report was Dec 12th and the O/S was 4.47 billion and A/S 4.5 billion. With all the shares that have been dumped the A/S is over 4.5 billion now
TPAC how many shares out now?
Only 20G? $10 is not going to help this POS but good luck none the less. It will take 100's of millions to move this SCAM with all the dilution and Unlimited A/S
TPAC's 10k is due the end of this month. That will be the end of TPAC once and for all. All their scams and lies will be revieled just like last year.
They will most likely file an extension so to buy more time before the huge selloff
IM BUYING AGAIN $$$ 20GS ON MONDAY $$$$
Now thats funny. The guy is a documented liar and a thief. I guess that is now considered trustworthy traits LMAO. Especially if one is upside down in this POS Scam.
Actually there is all kinds of proof that McKay has lied to shareholders. Just the naive dont want to believe them. Here are just a few lies told by the TPAC CEO. Its amazing what doing actual DD can teach a person about a company and its lying CEO.
NVSOS
Timken
Apollo
Share Reduction Buyback
109k PO
Try reading this post it will help with the misunderstanding that this CEO is trustworthy.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125195979
Thats also a false statement. If in fact they do posses 1 billion shares they were issued those shares increasing the A/S even higher. So if they retire them TPAC's A/S will remain 4.5 billion. Its not that hard to understand
So we agree as well except for the mechanics of how it may have been accomplished which at this point is speculation anyway. The bottom line is 1,000,050,000 shares are gone -- pfffft! Go TPAC!!
Thats simply not possible. Certs cant be transferred from the shareholder to TPAC. They have to be retired and then they go back in the A/S. TPAC never has possession of any shares that are exchanged for Series C promissory notes. The Cert must be canceled and proof sent to Bill for him to issue the promissory notes.
So we agree that if a billion shares were bought that when this is announced, the pps will rise. Because there are probably blocks of stock in friendly hands which may (imo) have been bought privately for C shares. In any event, IR had has indicated they would do one big de-authorization when ready. My sense, time that with some positive news regarding some revenue and earnings, and you at have the spark to light this thing up.
Im thinking the story will be those are the common shares that were forfeited for Series C. But even that is not possible since the common shares would have to be retired by the shareholder and the certs void.
One things for sure. Bill will come up with some bullshit to feed investors on where those shares came from.
Im sure they dont care. SEC just looks the other way when it comes to OTC SCAMS like TPAC.
It just floors me that some are believing this BS is really happening. Reading the other board and they are just loppin this BS up like there is no tomorrow.
Bill and his accomplices are in some deep doggie doo doo if the SEC does ever look into this SCAM.
TPAC Prime went from 550 million shares yesterday to over 1 billion with only 150 million traded.
They went from 350 million on 12/29 to 550 million on 1/5 with only 250 million in volume during that period.
These guys are miracle workers. Can anyone explain how this is possible on the open market and with no W or T trades?
They must have that unlimited A/S now and are issuing the shares to MRVB. There is just no other possible explanation for this miracle.
Well unless they are using a paper trading account "DEMO". Humm interesting. That would mean the entire MRVB numbers are bogus.
LMAO called that one.
Thats quite an accomplishment with only 150 million traded
THall Thursday, 01/05/17 01:20:05 PM
Re: THall post# 98696
Post # of 98775
After todays dumping the MRVB will claim to have over a billion shares probably. After all they supposedly bought 550 million with only 250 million in volume
Bill to release latest scam shortly.
BOEING = FAIL
BUYBACK = FAIL
BTL = FAIL
EIA = FAIL
Series C Promissory Note = FAIL
AVIC = FAIL
Projen = FAIL
NAVAIR = FAIL
EX-IM Bank = FAIL
Godfrey = FAIL
Timken = FAIL "FRAUD"
LA/SLA = FAIL
Australian Government Contract = FAIL
US Defense Contract = FAIL
Financial Advisor = FAIL
Reconstruction = FAIL
BOEING Supplier Financier = FAIL
MRVB = FAIL
TPACMuse = FAIL
Im sure Ive missed some more of his failures. Feel free to add to the list
TPAC Bearings ?@TPACbearings 3h3 hours ago
Remember that aerospace is still our cornerstone. We will continue to develop the market and post updates. Lots of irons in the fire.
1h1 hour ago
@TPACbearings When are you returning to China or are you already there? $TPAC
TPAC Bearings
?@TPACbearings
@ I'm working on something in the USA. It will make sense to the public shortly. Then I will head to China.
Bill must be making bearings in his Moms basement now. LOL
TPAC has no facility to produce bearings, US or China but somehow Bill is pulling it off.
Several hundred = 200 test parts. That is if he actually sent anything which I highly doubt he did.
Strange IR says TPAC is not in the manufacturing business anymore and Bill is building bearings.
TPAC Bearings
?@TPACbearings
Just sent several hundred bearings to BTL for finish work. Quoting bearings/bushings here, which would lead to work for BTL.
Yes another of Bills empty promises. Love the POTENTIAL part.
Hey wait I thought TPAC already had a signed LOI with BTL?
Its funny Bills is pumping bearings now and IR is saying TPAC is no longer in the manufacturing business. LMAO
Who to believe? Thats not a hard decision. NEITHER ONE THEY BOTH ARE KNOWN LIARS!!!
TPAC just tweeted :
Potential component parts to offload to BTL may lead to LOI. AS9100-C approval by BTL helps tremendously. Shipping material to BTL as well.
IR has stated several times that TPAC is out of the manufacturing business. The SLA and LA were bogus. They are in noway associated with BTL or BOEING. That should be obvious by the fact they have no business/ factory in China. Bill never returned to China as was claimed to setup a location in the BTL building.
Yes they are court ordered to pay debt with shares. And since the filings are late and for another company the amount of GVSI debt is unknown to all but insiders.
Section 8 Other Events Item 8.01 Other Events. On August 2, 2016, V2IP, Inc., a Florida registered foreign corporation (the Plaintiff) was granted by the Circuit Court of the Twelfth Judicial Circuit, In And For Desoto County, Florida Civil Division, and Agreed Order Approving Settlement Agreement and Stipulation for Dismissal against Good Vibrations Shoes, Inc. (the Defendant) to settle a collection action against the Defendant. Under the terms of the Settlement Agreement (the Settlement) Defendant will issue and exchange securities for debt with the Plaintiff. Plaintiff owns bona fide claims (Claims) against Defendant in the aggregate amount of Two Hundred Ninety Nine Thousand Nine Hundred Forty Dollars and Zero Cents ($299,940.00). Plaintiff has agreed to the Settlement and believes that it to be sufficiently fair. Defendants board of directors has considered the Settlement and has resolved that its terms and conditions are fair to, and in the best interest of, Defendant and its stockholders. The securities of the Defendant shall be issued to the Plaintiff in exchange for the Claims Plaintiff has against Defendant and shall be issued in accordance with the Settlement which is in accordance with Section 3(a)(10) of the Securities Act and Rule 69W-500.014 F.A.C. and shall be freely tradable and unrestricted. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GOOD VIBRATIONS SHOES, INC. Paul Carlin By:/s/ Date August 5, 2016 Name: Paul Carlin CEO
NOTE 7
-
CONVERTIBLE PROMISSORY NOTES
The company currently has approximately $309,940
in convertible notes currently in default
.
These notes consist of several individual notes created from January 2011 to the present in order to obtain funds for operations and the administration of the various acquisitions that have taken place over the period. The majority of the notes were instantly in default, and convertibl
e into common shares of the issuer.
Owners of the outstanding notes include but are not limited to
Eastlight Enterprises, Inc.,
Globe Idol Capital, Inc., Peachtree Capital, LLC, and several others. It is the company’s intention to pay back these defaulted loans in cash whenever possible. Although, lenders can request conversion of the notes anytime after default, they are restricted to converting less than 9.99% of the number outstanding shares at any given time to avoid unnecessary dilution.
Well its not wise to believe everything that is said on the internet. If this stays at no bid and no volume he will be forced to R/S to pay the bills. Still massive toxic debt due. Those hiding behind an alias very well could be insiders dumping on shareholders.
Some people on here have said "Adam" said that no reverse split is coming.
Current price and mass dilution over the last 12 months.
Anything else?
Based on what!
Being stuck in this POS upside down with no hopes of breaking even.
Based on what?
Looked more like an unloading zone. WOW 155 million and this POS didnt move. Thats some serious dilution right there
Yes thats why I said if they do ever come current it will include a R/S. You know kill 2 birds with one stone
GVSI Dark/Defunct
Stop Sign next comes Caveat Emperor and then the Grey Market or Total Suspension.
If this POS does ever come current on filings it will include a Reverse Split.
No Bid, No Volume = Reverse Split
I have a couple questions for you VF
1) Does filing an 8k announcing a buyback prior to execution of said buyback circumvent the 30 day average volume limitations for purchases by TPAC?
2) Since this MRVB is actually owned and operated by Sphere International. Does that circumvent the rule since its not TPAC that would be purchasing the stock, its Integrated Revenue a independent company.
Something else I found interesting is that on 12/29 MRVB held 350 million shares of TPAC at a pps of .0005
Today they hold 550 million at .0004. How can that be possible. The average would be .0004x something. Oh and there is that little mystery of not enough volume to justify the numbers claimed.
After todays dumping the MRVB will claim to have over a billion shares probably. After all they supposedly bought 550 million with only 250 million in volume
TPAC R/S maybe they finally find COOPER. Then Bill can take all the worthless stock certificates and chuck them out of his jet going back to his vacation home in China.
TPAC SCAM UPDATE
As of Tuesday 1/3/17 TPAC Prime claimed to have purchased 350 million shares of TPAC. Today 1/5/17 they claim to have 550 million shares of TPAC.
Tuesday Volume 2,134,970
Wednesday Volume 59,797,481
Thursday Volume 108.7 million
Total 170,632,451
How can they have purchased 200 million shares when only 170 million have traded. Even if they purchased every share sold " and they didnt according to all that said they loaded .0004's" they would be 29,367,549 short of 200 million.
Looks like S7 warned investors TPAC would be dumping shares today. 50 million dump at .000394
TPACmuse
?@TPACmuse
@Well you do just that and make sure you post it live, don't miss because what comes next you wont get .0001 for it
Look no MRVB bid at .0003 HUH. Just goes to show TPAC cant be trusted. I actually have more trust in Bill than these idiots at IR and I cant stand Bill. He is one of the TOP scammers in OTC
Looks like FR decided to dump more shares instead of trying to find a buyback plan. VNDM barfing all over shareholders now at .0004
TPACmuse
?@TPACmuse
End Of Day Re-Cap
TP reaches yearly $ goal
FR is looks for 2.7 4 share reduction program,
More details, AFS E-List
Bill never even went back to China He is still in the US. It was all BS just like the SLA and LA agreements. All lies is what TPAC built its foundation on.
Nope TPACMuse says investors wont even be able to get .0001 per share.
TPACmuse
?@TPACmuse
@ Well you do just that and make sure you post it live, don't miss because what comes next you wont get .0001 for it
Awesome TPAC is shutting down its public offering according to S7. Finally this SCAM will be over and no more people will lose money to William Reed McKay and his pathetic Circus at TPACMuse
S7 is warning investors to sell first thing in the morning before they lose everything.
TPACmuse
?@TPACmuse
SH S7 is telling you, if this is all bout the stock SELL IT FIRST THING TOMORROW MORNING. DONT DELAY. TPAC is primed to make revenue 2morrow
TPACmuse ?@TPACmuse 3h3 hours ago
TPAC DOESNT NEED A STOCK OFFERING AND FOR MOST PART
SHOULD
NOT HAVE ONE,
SO LETS FINISH THIS TOMORROW MORNING SELL ALL SHARES
1 reply 2 retweets 4 likes
?@ 3h3 hours ago
@TPACmuse Yes, I agree! I'll sell my shares first thing in the morning for $1.00 per share, all or nothing. C it live!
TPACmuse
?@TPACmuse
@ Well you do just that and make sure you post it live, don't miss because what comes next you wont get .0001 for it
Its nice to know the market has caught on to this scam and are not buying into it anymore. Its hard to feel bad for those who are stuck when all the warning signs were right in front of everyone.
The TPAC SCAM is nearing its demise.
Yes and always trying to dangle the carrot in front of investors. Always talk about a buyback but never actually initiate one.
What is there to look for that wasnt there last week? Thought the buyback was setup on triggers to automatically purchase shares back. Guess that was a lie as well.
TPACmuse ?@TPACmuse 9m9 minutes ago
End Of Day Re-Cap
TP reaches yearly $ goal
FR is looks for 2.7 4 share reduction program,
Is the reconstruction over yet? Is TPAC now a PRIME POS?
TPAC trying to con investors into thinking they have 2 million dollars in TPAC MRVB Prime. Only a complete idiot would fall for that. LMAO
TPAC has million in revenue and the PPS is .0004 the 52 week low. HA HA HA Thats hilarious
It is great that nobody is falling for the TPAC S7 bullshit anymore. 3 total trades for today.
Looks like hiding their scam from the general public is working like a charm. Almost lost all volume. Go TPAC
TPACmuse
?@TPACmuse
Just N: TP rises to the 252 week $ Goal ahead of schedule, with out day trading or using any TPAC revenue of any kind. Again has hit the 252
OTCMarkets.com and otce.finra.org
Strongly suggest utilizing both LMAO
http://www.otcmarkets.com/stock/GVSI/quote
TPAC announces a milestone has been achieved and 4's print LMAO. Nobody believes a word S7 / Bill / IR says or tweets. The market knows TPAC and this MRVB are a scam.
IR's super secret club has all but put an end to any TPAC volume. 2 trades today
TPACmuse ?@TPACmuse 9m9 minutes ago
Just N: TP rises to the 252 week $ Goal ahead of schedule, with out day trading or using any TPAC revenue of any kind. Again has hit the 252
TPACmuse ?@TPACmuse 32m32 minutes ago
Just N: TPAC revenue hits milestone today. AFS E-List Publication for approved shareholders will tell you all about it.
GVSI has gone from the yield sign to now the stop sign no information. There will be no name change until they get their filings current
Glad to see this piece of shit finally getting the attention it deserves.
NONE