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Early filing is usually a good sign. I believe that GS and his Israeli partners knew the outcome well in advance and orchestrated GVSI's and WNFT's back burner strategy so they can move forward with SRNW and FORW. It's a typical strategy to get the bad news out first, especially if the good news is worth it. If GS hits a home run sooner than later, everything that happened in the last week will be both forgotten and forgiven.
...just a hunch.
You must related to I-Glow...
Compared to GVSI and WNFT, SRNW financials are shovel-ready. That's all that matters.
Get a grip. Financials can be displayed in multiple ways. The fees could have been paid as a personal loan from GS. You really need to take a step back and chill out. Your intensity is abnormal even for an OTC basher.
Your post doesn't make any sense. Maybe you should consider using Chat GPT to write something we can all understand.
An RS is both strategic and subjective. If I were doing an RS in a situation similar to GVSI where share cancelations are no longer an option and the stock history has left a bad taste in everyone's mouth, I'd push for the maximum, i.e. 1:50. A 1:50 RS would leave one with about 45m shares OS similar to about where SRNW is at now.
With a low OS one can negotiate far better (with both shareholders and merger candidates) than with a measly 1:4. Clearly negotiations has never been your forte. Its a skill that you have demonstrated repeatedly from other posts to not have any 'real' experience. That said, I'm not surprised at your naiveté.
Fortunately for all of us, the decision is not up to you.
I don't think we're done yet. As mentioned in a previous post, GS may be ready to move forward with SRNW. Clearly the discrepancies you have highlighted are pending and should get addressed soon with hopefully a viable deal. The likelihood of a merger is high considering the financials are squeaky clean. Compared to GVSI and WNFT, it's refreshing to see and must be top of mind for GS after this past week.
JMHO
I have nothing against GS. I'm just stating the facts for GVSI. There's 2.2 billion shares OS. GS has confirmed in a recent tweet that he can't cancel anymore shares. That means that the 2.2 billion shares OS is here to stay. That's just too many shares for a credible merger or investment. The only solutions are an RS or redistribution of shares from weak hands to shell owners.
All hard facts! ...regardless of what I or you feel about GS. If you can refute, please do. I'm all ears.
I don't disagree that GS could invoke an RS with GVSI but it would very likely be done on a last resort basis, like he did with other tickers. My point earlier is that RS's are not his MO like other promoters on OTC.
Either way, GVSI is a clear candidate for an RS. At 1:50 it would wipe out any existing shareholders. My guess is that if he can't unload it along with WNFT (in the event that the pending judgement this summer is extended further), then he'll RS it once he finds a decent deal. In the meantime I'm also expecting redistribution of shares from the retail crazies on this board to shell owners and cronies. The combination of both could suggest a lesser RS.
Either way nothing will happen here for at least another year.
JMHO
GVSI diehards are in for a tough lesson. GS has already made it clear in a recent tweet that share cancellations are done. The 2.2 BILLION OS is here to stay. The only remedy left is either an RS of 1:50 or a redistribution of shares. The former we know GS won't do, hence he'll dump the shell to someone else, while the later will take at least a year to complete.
Either way the pps will barcode under $0.002 for a very long time!
JMHO
GS is probably in hiding for at least another week, especially after the GVSI disaster. I'm not expecting him to resurface until the end of the month. It may be timed with his pending SRNW report, but who knows. My best guess is that he's working behind the scenes on a deal with SRNW. If he's learned anything in the past few years, he'll be sure to surprise the market with an air tight merger. Even if its not for a billion dollar+ valuation as expected by some here, a solid deal can always grow. The last one he presented with GVSI had so many caveats that it was hard to take any of it seriously. I think what he needs now is a deal that can speak for itself.
I know Israelis have been known to be less than scrupulous on OTC, but SRNW is about as clean a shell as any and can easily attract a solid merger. I'd like to believe that GS still has a moral compass to guide him and his Israeli contacts toward a well-conceived deal rather than just another pump.
Personally, I'm still hopeful that GS will come through, despite all of his past snafus.
JMHO
You obviously lack trading experience in the 'real' world. Ask anyone... even your grandmother. She knows. I guess you also buy into the theory that markets are 100% efficient. LMAO!!!
Take a look at HMBL for some visuals on barcoding. Too many Mexican beans has clouded your judgement, I see... Maybe it's time to change your diet/mind.
We should know when a deal is close at hand when the pps starts to climb again. Anyone who chooses to merge or do a deal with GS will find these prices super enticing, assuming their intent is to qualify for a major exchange. The initial trading prior to an announcement will undoubtedly lock in some nice gains. You can be sure GS and his Israeli cronies are currently lining up quietly at these levels.
Both SRNW and FORW should do very well. I would go as far as saying that these prices represent the lows of this next cycle.
JMHO
Barcoding under $0.002 until year's end or later. Watch and learn... again!
Dude, you need a girlfriend... If you can't find one then work on expanding your chili and taco stand biz in Mexico, instead of pulling all nighters posting GS hate notes on I-Hub. Maybe you can get Peto Bismol to sponsor you. You'd be able to add their great big pink banner overhead for free! Imagine that! LMAO!
The smartest things GS can do is bundle GVSI and WNFT together and sell it to another promotor. They are both super damaged goods that will take a long time to fix properly. Prior to the LOI decline tweet, we had a lot of crazy retailers owning a few shares. Now with the decline we have the reverse, a bunch of crazies owning millions of shares. It's actual much worse than before.
The only fix at this stage is to let the pps drop further and trade in barcode fashion for at least a year. Eventually the dreamer retailers will sell off to a larger player, someone who actually owns the shell. Then and only then will both shells stand a chance of merging. Otherwise, of course, the new owner will do what GS dislikes doing, issue out an RS for 1:50 or even 1:100. That would wipe out all shareholders. The latter will be the most likely scenario, in my opinion.
My advice... Stop falling in love with a dead horse. Instead move on...
Oh! You must be their largest shareholder, then. Congratulations!
Look at the numbers. Do the math and you can see the same thing GS is looking at. GVSI has a bloated OS with no further potential for cancelling shares. He confirmed this view in a recent tweet. Plus FINRA has had a hard on with his ability to show accounting numbers from previous years, an issue that essentially has no resolution. Now add WNFT that is pending a judges decision to either push it back to the lower courts or rule on an issue that would unravel a legal mess for past and future cases, especially on an technicality that is essentially unrelated to the crux of the case itself. Go figure...
Ask yourself, what would you have done under these circumstances? ...all of which were out of his control, mind you.
Hint: Park GVSI and WNFT and revisit them in a couple of years. Focus on the remaining two tickers that have no issues.
That's impossible to prove. GS can easily summon up one of his contacts and say that they had a conversation regarding a merger. Get over your corresspondance legal training. It's embarrassing to the profession.
Hopefully one in the Gen AI space.
Interesting... Thx. If indeed they were delivered in Nov and GS called off the deal in Jan, we may either see a renegotiation of the original deal (hence an imminent PR) or removal of the 1.1m shares in April's report. Either scenario will indicate some level of progress, ...which would be a welcoming sign, all things considered.
Yes, now I remember. Thx. A share exchange would be awesome, assuming the exchange is valued at fair market value. At the time of the tweet, I'm guessing GS was evaluating an energy related company but was turned off by their low cash situation. That said, he may also have felt that the assets were being overvalued too but chose to nix the deal on the basis of a cash balance issue. Let's just say that his past experiences with Maverick Energy may have weighed in.
I personally don't believe this deal is still in the pipeline. However, I'd like to believe that there are others being considered. The 4/1 annual report may offer more light on what GS has in mind. Now that the GVSI and WNFT issues have been put to bed for now, GS and his team should be able to focus on closing a solid deal. It would both be timely from a market perspective as it would from GS's reputation, if that even means anything anymore.
Can you also post the tweet mentioning the 1.1m shares? Others like myself would like to see it again.
It's evident that you lack experience with life in general. ...too much time spent posting doesn't help either. Maybe get out and see the world you've been missing all this time. You just might learn a thing or two.
Like I said before, if you've lived and worked with Israelis, you'd know what I'm talking about. Clearly you haven't.
Israeli business men are a tight knit group, so yes, I'd expect the same individuals involved originally with GVSI are also connected to GS's other two tickers. That said, GS has stirred up a hornets nest of hate with GVSI, which should dissipate quickly once he announces a solid deal with SRNW.
Would you elaborate on the 280m structure? I must have missed it. Thx
Many here have lost a ton of money. Playing 'ambulance chasing' games to stir up false hopes will only makes things worse for them. Best that you park your anger elsewhere and let bygones be bygones. With GVSI and WNFT on the sidelines, hopefully GS can now focus on his two remaining tickers.
JMHO
Painfully obvious. Read my post on SRNW for an explanation
Like Whale you obviously have a personal issue against GS. With you we already know about your infamous tweet in 2020, when you sold all of your TSNP under a dime only to watch it soar without you to $1.93. Ok. Not a pleasant experience but blaming GS for your own mistake is unfair. Blaming him for 4 years, while posting non-stop on I'Hub is plain dumb. You might do well seeking professional help.
JMHO
Maybe it's time to go back for retraining because your accusations are lame for even a rockie prosecutor. JMHO
As denial starts to sink in over this weekend, the pps here will drop even further. My guess... by at least 50% or more next week. Looking for $0.0007 or less...
JMHO
You're obviously not a fan of GS but your accusations are 100% meaningless. ...just take a look at the WNFT case. The courts there can't even make a decision over a nonsensical issue. Why on earth would they give a hoot of who said, what said regarding a nothing burger company? Get over yourself and move on!
GS's recent tweet gave me the impression that the counterparties involved in the GVSI non-binding LOI were of another 'culture' and that their tolerance for the outlandish I-Hub behavior was beyond them. The tone of his tweet gave it away. It's a very typical non-US response about American arrogance. If you've ever lived outside of the US, you'd know what I'm talking about.
When you add the incessant Israeli vs Hamas GS tweets since the Oct 7 invasion, it's clear that GS has been eager to reconnect and wanted to give an impression of solidarity with his various contacts from there. If you've lived and worked among Israelis for some time, again you'd know what I'm talking about.
At the end of the day it's all good. GS has gotten over his head with his trifecta initiative. Right about now, he could use some sound advice from some trusted friends. Hopefully they can put him back on track, one that will include any remaining shareholders. That last detail does remain to be seen, though.
Of course and as always...
JMHO
YoYo has become unhinged! He's so pissed for being 'so smart' that he needs to blame someone else for his shortsightedness. That's what happens when one is so self-absorbed. They can't see beyond their own opinions. Sad but true!
It's OTC so maybe you'll get lucky. I doubt it but who knows. GL
For me I don't see any point in locking up funds for a ticker that GS will very likely abandon, ...just like he did EVLI, RETC, and a few others.
His focus will now be with SRNW and FORW.
JMHO
Just cause you aren't means little. Redistribution is a good thing. Watch and learn...
I always said that fair value was between $0.002 and $0.003. It will stay within this range until year's end at the earliest. If and only if FINRA clears them, GS may do another road trip. In the meantime the redistribution of shares from the weak to the strong has now begun.
Watch and learn...
There may be a silver lining in the GVSI debacle. It looks as though GS is aligning himself up with some prominent Israeli business dudes. They were probably behind the 'foreign company' tweet for SRNW that was pushed aside for lack of cash. Hopefully I am right because GS is clearly over his head and can use some sound advice. How they will influence SRNW and FORW remains to be seen. I would also surmise that they helped him orchestrate the GVSI exit. It's likely that they wanted the distraction from GVSI removed before proceeding with a SRNW merger.
JMHO
March 30... typo
So, you're so smart and broke, while I'm 'insane' and whole. Maybe next time listen to what others have to say.
BTW your post here is the stupidest one you've posted of the 10k useless posts you posted here. You can post that! LMAO!
I've always felt that SRNW and FORW will be the current plays. GVSI and WNFT need at least a year or two to sort out their legal issues, assuming they get cleared, of course. I would expect once the GVSI debacle has subsided that GS will revisit one or both of these two shovel-ready tickers. ...probably in time for the April 30 reveal you cited earlier.
For now it's best to lay low and wait for the dust to settle.