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If it wasn't for that "wanna be" CEO, all of these tickers would be dead in the water. What's the alternative buddy? Expert market with no trading volume and brokers not allowing us to trade these stocks?
Folks didn't get the deal they wanted. But you know what? The wanna be CEO got these completely dead tickers tradable, and two of those shells (one of which I have been extremely patient with) are SEC reporting.
We don't even know what the name of the company is yet, or details about the deal, due to the company being concerned about harassment from the same retail crowd.
If everyone would just relax, therefore, and think logically about this (instead of being driven by extreme highs/lows & emotion), then perhaps something positive might transpire. Or perhaps not. Isn't that the risk we take? Nobody said the OTC was a cake walk, pal.
But of course, until a $1 billion+ merger is released, and the stock skyrockets 5,000% in 2 months, then George Sharp is a complete failure. Lmao.
Damn. I wish the Fed would just dump $10,000 stimulus checks onto the market, and shut the negative Karen's up until there is nothing left to say. I mean, you do all realize that OTC retail is what is running this show, correct?
There's absolutely no reason to point the finger at Sharp. You can say what you want about the guy, but the fact is, he got all four tickers pink current, cleaned up and/or ready for some potential deal, spending hundreds of thousands (possibly millions with legal fees and other costs) out of his own pocket, as a courtesy to investors.
In 2021, news like we saw with, regarding a potential acquisition going to be released on March 15th, would have sent the stock skyrocketing. Now, retail traders are too broke to bid up a stock like GVSI. It's as simple as that.
And you know what? Things can change. So stop complaining and get back in the game. If you don't think GVSI will ever see prices above .01 again, then sell and move on. if you do, then buy or hold onto your existing shares. It really is that simple.
And with that, I shall retreat into my cave, cooking up a celebratory concoction that is sure to please. See you all on or around March 15th.
$GVSI
This story ain't over yet folks.
Lol I never said I was perfect. Lucky, I do wish you, and all shareholders the best and no hard feelings my friend. Life can be tough. Have a nice life, time for me to take a break from these crazy boards again. I'll roll back into town around March 15th, or whenever I hear news about Calasses loss.
The truth is not always pretty. Do you think I liked staring at an over $850,000 loss in a single day over there with WNFT? Absolutely not. But I sucked it up and moved on. Life is about more than money.
Like I said, I can sympathize with those who lost big, because I went through something similar. I would say in that circumstance, simply walk away and be thankful for everything else in your life. It's just digits on a screen until you hit the sell button. I knew I was going down with the Calasse ship no matter what, and still own many of my original shares. Things will get better with time.
And with that, I shall become an innocent bystander again, and will be back for the March 15th "Big Reveal". Have a great rest of your week everyone.
According to the evidence, Sharp done nothing wrong. In fact, I would argue that this "threatening of indictment" by your friend over here, is based upon empty threats, with zero verifiable facts whatsoever.
Where's the evidence of lies and false information touted by Sharp? You want to tell me that after a share price collapse and everything was hunky dory and party town a couple days ago, that now all of the sudden, Sharp is guaranteed to be indicted by the DOJ and SEC by Summer time for wrongdoing? Give me a f***ing break.
Shareholders are simply bitter from losing lots of money over here. I get it, losing money sucks. But it's not real until you sell, and it's not the end of the world. Take a deep breath, and step away for a while if needed. I probably hold one of the platinum records for largest single loss in a day. WNFT with the record breaking 76% collapse.
Hey Lucky, no hard feelings my friend. I just try to remain reasonable in the midst of all the craziness. I could truly care less if GVSI, SRNW, or even WNFT goes up in the next six months. But if it comes to me being on this board or watching The Office reruns with my wife late at night, I suppose I've made my choice. Just remember, money is not everything, and it certainly isn't real. This is all a big game of Risk or Monopoly, and you can lose the game and play again anytime you want.
If we are supporting our positions with actual facts and not making up conspiracy theories or lies, then why aren't those in favor of Sharp not allowed to share opinions without being considered morally decrepit? Are we not the investors, risking our own money and experiencing massive volatility in the process?
Don't get me wrong, I get annoyed with the negative bashers and folks who continually tout George Sharp as a lying, manipulative scam artist, without any proof whatsoever. That said, these individuals still have a right to post on the board their opinions, as false and as ignorant as the information might be.
Believe me buddy, these boards can get extremely toxic, real fast. I'm simply here for the entertainment and the show, but the OTC in general is a cesspool of complete garbage, manipulation and lies that you must sort through. That said, I don't believe it is appropriate to label "anyone supporting George Sharp or generating theories that encourage buying" as being "morally decrepit individuals".
Instead, I would make the argument that those intentionally spreading lies, false information, and conspiracy theories are more of the morally decrepit type.
Damn I'm sorry to hear that Lucky. I seek peace with my enemies all day long, but it never comes. What shall I do, propose a peace offering?
I propose 1 carton of camel filterless, with a working port o potty delivered once WNFT hits. Throw in a 6 pack of Colt 45 as well.
Speculative investor is perfect way to put it. I'm the same with WNFT. Rode it down from a $1.6 million peak, but I'm not selling, because Calasse must lose and I will be holding for the deal, come what may. Calasse must be annihilated in the mighty name of Yeshua, Jesus Christ.
Amen to that. Invest how you want to invest. I've personally played the long game with Sharp and WNFT from day one. Calasse MUST lose soon.
The thing is, folks like to accuse Sharp of being a liar, but I personally don't think he's lied one bit. In fact, I would argue he has been truthful, and shareholders are simply resentful and bitter for not getting what they expected, after waiting for such a long period of time.
I get it. Losing money sucks. But what can you do? Did Sharp not mention that the OTC markets are risky? WNFT still holding the gold medal for highest percent loss in a single day for the trifecta.
It is, indeed, a matter of faith, principles, justice and perseverance. And just to let you know, I am a Christian who believes in the Bible and Jesus Christ, which is why I chose those words (all Biblical principles).
That said, there is no need for therapy. I have most definitely come to terms with the grip of losing (on paper) an over $1.6 million peak down under $50,000.
I would be lying if I said it wasn't extremely painful, because it damn well was, and very, very bloody. But you know what? I realized something in the process of going through all this.
That is, the money isn't real. No matter what happens, if I die, I won't get to enjoy the money. Someone else will. What's the point? You strive and you strive, only to obtain a large sum of cash to give to someone else down the road. Sure, you can enjoy your steak dinners and perhaps your BMW, but in my opinion, if I have a roof over my head, a wife and kids who love me, the lights are still on and everyone is healthy, then everything is good.
The rest of this? It's just a game of Monopoly. You can always play another game as long as you are still breathing. And each round has something new in store.
Perhaps I have some narcissistic or psychopathic personality traits and need to in fact get my head checked (I would argue all humans do), but I know one thing: those who give up and don't have faith, are doomed to fail in life, while those who wake up thankful for what they have and make the most out of each situation, are probably the happiest people you will ever meet.
And with that, I will retreat back into my bunker, and go into hibernation until the next update regarding WNFT. Have a nice evening everyone.
To the extent there are "long term" holders in OTC, it's not because they bought with that intention. It's because got bagged and are hoping price will eventually reach near their entry price to exit again -- or they feel stuck waiting for news, updates, etc. which bog down lots of OTC tickers, including Sharp's.
To this, I would say that obviously what has happened in terms of Calasse and this situation is absolute shit. Part of the reason I have been so absolute in terms of not dumping my position and seeing this through until the end, is because of the nature of Calasse and the shit storm he has created for shareholders. I would also say that my ability to average down, and current average price per share of less than .02 has something to do with it.
Individuals can point the finger at Sharp all they want and blame him, but I still am dead set on seeing Calasse lose, and I won't sell a fucking share until he is gone and we get some type of deal in this stock.
That's the reason I bought this damn thing, and I can't tell you how many times I've bought an OTC stock and later it skyrockets 5,000%+ or more down the road, some point after I sell. Not happening this time, and persistence will pay IMO.
Calasse is the reason shareholders in WNFT in particular, have experienced so much pain. I can't wait for the day until he loses, and no longer has his grip on shareholders and this stock.
I try to keep my posts grounded in verifiable facts, for a stock that I have owned for over two and a half years. You can call it desperation all you want, but the truth is, I enjoy the debate and discussing things, even if one disagrees with me. And I try to remain respectful while doing so, loving my enemies in the process.
I also have a significant interest in this stock, unlike yourself. If anything, your posts are based in nonsensical arguments that are not based upon reality whatsoever. Instead, you simply make up lies to fit whatever toxic narrative you're trying to spew, including conspiracy theories regarding Calasse and rumors of back door dealings with Sharp, that cannot be proven whatsoever.
How about this Lucky. You take your pills, and I will continue to piss all over my basement floor and cry myself to sleep. Deal?
You're a trader, I'm an investor. Plain and simple. You don't have to agree with me holding my stock long, and I'm glad you were able to cash out your position and make some coin.
And damn right. This is in fact a matter of faith, principles and long-suffering. Why? Because there's no way in hell that I would allow Calasse to get me to sell. I bought this for the merging asset, not speculative price movements, and not for Calasse to make me give up on my investment by dumping into the bid at extremely discounted prices, relative to where we used to trade, after hijacking this stock over 1.5 years.
So you continue to believe whatever you want, and I can respect wanting to take profits. Hell, I even took some profits on the run up before July 8th, while holding a core position (about 85% of original position) long.
But calling long shareholders children, simply because we want to have faith and see this through until the end, while so many others have given up on this brutal journey? Come on man, seriously?
Just a different strategy that you might not agree with, and that's fine. Everyone has their own risk tolerance and investing goals. GLTU
Lmao ok boss. I was just admiring your exemplary grammar and punctuation, spoken in such a beautiful language. I'm sorry you took it the wrong way.
By the way, if it makes you feel better, I am in my basement now, responding in anger and bitterness to your post, while hitting my cigarette one hitter, and pissing all over the floor like an animal. I'm going to cry myself to sleep tonight, since my wife and kids left me, and I can't even scrape enough change off the floor to buy a dollar burrito from Taco Bell. Thank you George Sharp.
Good thing I have a job. One that actually pays decent and is fully remote. Dude you are going off the wall. Take a Xanax or something and wish you the best in life.
Love you too Bruce. Hope the toenail fungus is going okay.
No, those are facts. It's very simple:
GVSI has in fact entered into a non-binding LOI with an American based blockchain and cryptocurrency enterprise. And we will find out who that is most likely on March 15, 2024.
Shareholders don't always act positively to news. Traders flush the stock, resulting in significant volatility. This is just what happens in the stock market, especially in low volume OTC stocks which involve significant risk.
You can call it a pump all you want, but these are facts.
Just because shareholders had extremely high expectations, it does not mean Sharp can be accused of securities fraud or any wrongdoing. Traders who wanted to get rich quickly simply didn't like the news and sold. Too bad so sad. If you believe GVSI will recover, then buy some shares. But stop with the blatant lies and false information regarding Sharp lying to shareholders. He said there would be a press release. He did not say it would be a good one or a bad one. Traders simply didn't like the news and dumped. And yet many point to Sharp like he is the damn President of the United States, and the economy is in the gutter.
Lol don't forget to take your medicine fam. Damn I'm just here for the entertainment and discussion. Lmao
In Sharp's case, I would say it is a CEO's job to try and get the right deal done, at the benefit of the shareholders, and at an appropriate time.
Thus far, with the share cancellations Sharp has been able to complete, along with Calasse's shares, I would say he has done a pretty damn good job in that regard. I would also say he has done a damn good job at getting all of these tickers current, and cleaned up as best as he can for merger. Without Sharp, these tickers would still be dead in the water. Or you could have had another unscrupulous custodian that would have diluted and dumped on shareholders.
It truly is incredible how many fail to consider the amount of money Sharp has spent, out of his own pocket, along with the significant effort and headache of dealing with auditors, regulators and attorneys, in order to get them cleaned up for some type of deal. All of this is due to the previous mess that the management, in particular regard for GVSI, created for shareholders. The entitled mindset truly is incredible.
It's obvious that everyone wants a successful deal. I'm sure Sharp does as well. But what has the IPO and companies going public market looked like over the last couple of years? Absolute shit. It slowly is improving, and I believe there is potential for it to improve much more significantly going into 2025 and beyond. But if Sharp is eyeing the right deal at the right time, these are important things to consider.
Complete garbage. You have nothing against Sharp. The SEC does not bring cases against individuals because investors don't like a press release or specific deal that is being done. The OTC is high risk. If you don't like it, then move on.
Here's a concise summary in English for those who don't speak Lucky:
• The author believes that GS needs to complete a merger for WNFT and SRNW to regain investor respect.
• The author accuses Norm of being a "paid pumper" and, along with Pokie Hokie, promoting a "pump and dump" scheme.
• The author mentions Big Chalupa and Tyrus denying ownership of GVSI shares.
• The author criticizes Doctor Drug for promoting GVSI as a "great play" and calls him a "pumper".
• The author cites Teeki Twari and James Alturature as saying that 99% of cryptocurrencies are "bogus" and that GVSI is a "sinking ship".
• The author advises selling GVSI shares and buying something else, citing the recent price drops of WNFT and GVSI as evidence.
• The author mocks those who believe that GVSI will rise to $12 per share, implying that it is an unrealistic expectation.
It's not a CEO's job to increase price. A CEOs job is to owe a fiduciary duty to the shareholders. It does not guarantee that a successful deal will get done, nor does it guarantee that shareholders will necessarily benefit from any price increases.
That said, if you are willing to take the risk, OTC stocks can offer high returns, at the expense of extreme volatility and overblown emotions, as we witnessed yesterday. It truly is the Wild West, and I'm glad Sharp reminds shareholders of the significant risk of investing in such stocks.
I've mentioned this to a couple others on the GVSI board already, but you're forgetting about the future value of the investment given a specific compounded annual interest rate. We've already seen how fast these crypto and blockchain enterprises / companies can grow, especially in a period of high liquidity and low interest rates.
We've also seen how OTC stocks can perform in such an environment. What's the solution then? We stop complaining about how long it is taking, and we sit back and realize that we bought this stock as an investment, which George Sharp himself said he is seeking in his stocks, as he does not cater to flippers. And if you don't like it or feel comfortable taking such a risk (because believe me, there is tremendous risk), you can sell and move on.
Yep amen. SEC reporting a huge plus that is often overlooked.
I've owned this stock for over 2.5 years, and it is an investment. If you think I care what you or anyone on this board thinks about me, including if I have "Stockholder Syndrome" or any other type of nonsense, then have a nice life.
But I will defend my investment against misinformation and false lies from individuals who have zero interest in any Sharp stocks, and swing by here from time to time to spew fear, nonsense and conspiracy theories.
Speaking of conspiracy theories, what's quite funny to me are all these conspiracy theories about Calasse. The fact is, I've heard so many rumors and stories about how Calasse was intentionally sent by Sharp to destroy shareholders and the stock price, or is not real, or is a fairytale character that Sharp made up, etc.
Talk about delusional. I'll hold onto my investment and buy more shares as the price permits. Thanks and have a nice rest of your day.
You are making your ignorance known.
First of all, of course being an SEC reporter is more desirable than a non-SEC reporting company, assuming it trades on a U.S. exchange and must abide by U.S. securities laws and regulations. This is a characteristic that any company seeking the public markets should and would likely consider. By reporting directly to the Securities and Exchange commission, SRNW and WNFT likely have access to a larger pool of companies and potential opportunities for deals to get done.
Also, you keep mentioning this 15c filing and how "there's no reverse merger without it" and how "we have to have it".
Do you even know what an 15c is used for or why it exists? Let's ask GPT-4:
An SEC 15c filing, more formally known as Rule 15c3-1 under the Securities Exchange Act of 1934, is a regulatory requirement for broker-dealers in the United States. This rule, often referred to as the "net capital rule," is designed to ensure that broker-dealers maintain a cushion of liquidity sufficient to protect customers and securities markets against financial difficulties in broker-dealers. The rule requires broker-dealers to have at all times a certain minimum amount of net capital, which is a measure of a firm's liquid assets minus certain liabilities.
The net capital rule aims to reduce the risk of broker-dealer insolvency and, by extension, reduce the risk of harm to their customers and the overall financial system. By requiring broker-dealers to maintain this financial cushion, the SEC intends to ensure that firms have enough liquidity to withstand financial stressors and meet their obligations to customers.
Now, there is another variation, which is known as 15c-211. That may be what you are referring to, but you are constantly spewing around this 15c rule like you actually know what you are talking about, without the specific context and variation of the rule:
Rule 15c2-11, not Rule 15c3-1, is more directly involved in the context of reverse mergers and the securities markets. Rule 15c2-11 under the Securities Exchange Act of 1934 pertains to the submission of quotations by broker-dealers for over-the-counter (OTC) securities. Specifically, it requires broker-dealers to review and have a reasonable basis for believing in the accuracy of the financial statements and other information of a company whose securities they wish to quote in the OTC market. This rule is designed to ensure that adequate and accurate information is available to investors and to prevent fraudulent and manipulative acts and practices in the securities markets.
In the context of reverse mergers, where a private company merges with a public shell company to gain public status without going through the traditional initial public offering (IPO) process, Rule 15c2-11 is relevant because it addresses the public availability of information about the companies involved. After a reverse merger, if the resulting entity wishes to have its securities quoted on the OTC markets, a broker-dealer must comply with Rule 15c2-11 by reviewing and having a reasonable basis to believe the accuracy of the company's information before publishing a quotation for its securities.
Rule 15c2-11 helps ensure that investors have access to fundamental financial information about companies that have become public through reverse mergers, which is crucial given that the process for a reverse merger is typically less scrutinized than a traditional IPO. This rule acts as a safeguard against the dissemination of false or misleading information about companies in the OTC markets, including those that have recently completed reverse mergers.
By the way, not trying to toot my own horn, but having worked in the securities industry, I can almost guarantee I have a bit more experience in terms of directly dealing with applicable securities laws and regulations than yourself.
Sure, let's complain to the SEC because we didn't like Sharps press release and we didn't become millionaires overnight. Lmao.
The Nevada SC is definitely taking their sweet old time. With WNFT and SRNW being SEC reporting, there's a better chance of a high quality merger and asset. The cleaned up, SEC reporting shell is a classic means of going public, and we saw back in the "good ol' days" when the market was red hot, Galaxy Digital (still public), Voyager, and other crypto companies coming public via the OTC markets, and going on extremely large runs, in the thousands or tens of thousands of percent.
It can happen again, but I'm playing the extremely long end of the stick, and don't care what happens. Even if we get a deal and the share price does nothing or goes down, it doesn't matter. Because liquidity and the market can change on a whim. Wait until Bitcoin is hitting $150,000. I guarantee you will see crypto and blockchain companies rushing to go public, especially with the launch of Bitcoin Spot ETFs and it becoming more mainstream overall. I personally have a good feeling about 2025 and even the rest of this year.
What's up Dan. Good to see you around. They're just not going to see it like us, and that's that. We've been through heaven and hell with this baby, but I knew going into this that I would be holding for merger. This has become a matter of faith, perseverance and principles at this point. I could have dumped and been a millionaire, sure. But I still think many may be pleasantly surprised at what happens here. Good luck to all of us long investors who have not wavered and held our shares. If we do end up seeing a large run in the future, you better believe that we deserve every fucking penny, especially over here with Calasse and all the horse$hit.
I mentioned this to someone else, but I believe you might be forgetting that the typical OTC trader loves to either under pay or over pay for securities all the time. Therefore to assume "George cannot stop the bleeding" would imply that all responsibility for the share price is upon his shoulders.
In reality, the average retail crowd loves to point fingers and blame Sharp when their wildest expectations of becoming a deca millionaire within a month fall short. This is about expectations, and as such, it leads to massive volatility.
And on the other end of the spectrum, you have true, long-term shareholders that simply don't give a crap about all this short term volatility, and have actually grown quite comfortable and used to it. For that matter, I just picked up a few more WNFT on the recent dip as a result of all this fear mongering and sea of red.
Things can change on a whim. Yesterday was the "worst news ever", but as GVSI gains attention, no doubt things can change quickly in terms of the share price.
You forget that OTC traders will often pay quite a hefty premium for anticipated future growth. Things can change quickly, and just because the retail community had very high expectations (as is evidenced by the share price collapse), it does not mean that GVSI is doomed under .01 forever or "will never rise again".