Liquidity is the quintessential struggle of all Nigerian princes
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Filings are not done, will need to be refiled, he didn't even check the appropriate boxes on the first page.
Sharp doesn't do this for a living. He's a noob and a clown
How will it be current when he didn't select a box on the first page? The filing is busted.
Sounds about right, too many bad vibrations here, now
Did he really file what he said he would? He told people his filings were ready in July, but waited until Sept. 8th to hire an auditor. Did you expect him to file as a shell with no operations that may never have operations or were you expecting him to get a merger done?
All this innuendo about deals and JV's and mergers, all you got was a bloated carcass. There will be no market for GVSI anytime soon, if ever.
Sharp's priorities: Belterra Park - 9/30/2021
PS Form 10 will have to be refiled because the bonehead didn't check any of the required boxes on the first damn page. This is your leader.
"Because we are a shell company and have no business, holders of our common stock may not rely upon Rule 144 until disclosure provisions applicable to blank check companies are satisfied."
"Rule 144 provides that shares of our common stock may not be sold under Rule 144 until we have ceased to be a shell company and one year has elapsed from the date on which we have filed Form 10 information. Thus, a holder of our common stock may be required to hold his shares indefinitely."
"Our common stock is subject to a “STOP” warning label on OTC PINK."
"Our common stock is quoted on OTC Pink and is currently subject to a “STOP” warning on the OTC Pink. We are subject to a “STOP” warning as a result of our failure to provide any information to the public regarding our business and operations since we filed our Quarterly Report for the period ended June 30, 2016 with OTC Markets on July 1, 2016, suspending our obligation to file reports with the Securities and Exchange Commission. Being subject to a “STOP” warning severely limits the number of investors that might purchase our common stock and effectively prevents the development of an active trading market in our shares. We can provide no assurance as to whether OTC Markets Group, Inc., will ever remove the “STOP” sign currently applicable to our common stock."
Filings of a shell, when he had since May to vend in a company and have something with operations audited. SEC is not going to accept a shell he had for 4 months and waited til Sept 8th to find an auditor to upload a sloppy form 10 in the 11th hour.
There will be no market in this tomorrow.
Sharp is a pretender. Was a promoter, turned suing people for running promotions, turned fraud exposer, turned taking over a Bill Schaefer ticker, turned jumping on the custodianship train. He sucks at wearing all of those hats.
He never intended to do anything with GVSI, IMO, except make it a twitter play, until he got pressure, then scrambled in September to find an auditor. Here's the result.
Waiting til Sept 8th to hire an auditor was just dumb, the Form 10 is full of errors, with that said, they will prob grant grace period to fix the mistakes, but remains to be seen what happens due to it being a shell.
The grace period for shells only applies to newly quoted companies not ones trading since 1998. I hope most took profits and ran.
5 days left and George has two races on the 26th, so 4 days to file a form 10 plus 2 years and 2 quarters of audited financials. Odds are slim to none. If GVSI was one of Sharp's horses it would be on it's way to the glue factory.
Completely reckless and selfish of Sharp to wait til Sept 8th to find an audit cpa, when he had the company since May. Get real
Major red flags from today's 8k: First, Sharp had the Company since May and waited until September 8th to find an audit CPA and until the 20th to do an 8k? Terrible. This is obviously just an appeasement in response to comments he's reading here.
Second, Sharp debunks his own shareholders by acknowledging he is under the Sept 28th deadline. Not some extension. "...for inclusion in a Form 10 to be filed prior to September 28, 2021 to meet the deadline established by the U.S. Securities and Exchange Commission (“SEC”) under recent amendments to SEC Rule 15c2-11..."
Finally, if, in the slim chance he gets a form 10 plus 2 audited annuals and 2 Q's in before the 28th, which usually takes 3 to 6 months to complete, a form 10 takes 60 days to be qualified.
Pragmatic traders/investors should be extremely cautious at this point. I never owned a share here, nor do I desire to. I've been sounding the alarm for a few weeks because it's going to fail and many people are going to be injured and wish they had listened, IMO.
Sharps priorities: Indiana Grand Race Course - 9/21/2021 Belterra Park - 9/21/2021 Remington Park - 9/26/2021
But at least he waited til Sept 8th to find a cpa
Bids are gone, nobody can buy cus Sharp waited til the 8th to find a CPA
People holding for dollars will have to sell in the .01s by Friday, shoulda took the .05s on this final pump.
People should be thanking me, had I not kept questioning why there were no 8k's or edgar name change he wouldn't have done that much to keep this charade going. Unfortunately, it's the last hoorah. He'll blame the cpa or some dumb crapp.
In reality, he's been horse racing every week and doesn't care.
He needs 2 annuals and 2 Q's, which won't happen, he only did that sloppy 8k because he reads this board. Also admitting he only hired an audit firm on the 8th shows he lied about filings being ready back in July and has no sense of urgency to deliver. Take the .05s before you have to take .02's IMO
Bids fading cus George the genius waited until it was unpurchaseable to hire an audit cpa.
Sharp has 2 horse races tomorrow, doesn't care what happens here, just a final push to unload the open market shares bought in the 002's to 004's before grey market hits, the most vocal supporters will be going quiet soon as the pump reaches it's inevitable conclusion.
8k also proves Sharp lied all along, he had no filings ready, didn't hire CPA until Sept 8th to prepare filings. Unless this CPA is going to just zero everything out for past 2 years, there is no way they can have audited fins ready by the 28th
8k was amateurish, failed to give a proper timeline of name changes, which are material events, was clearly released only because he reads the board and saw the criticism
Terrible 8k, he hired a CPA on the 8th, cus he reads the board, lol. Will not be done in time
Another week of no filings but at least Sharp's horses did well, that's all he's focused on.
Sharp is horse racing today, as usual, while shareholders struggle with no filings, no otc profile, and no time left
There are no shell extensions except for newly listed and quoted companies. The idea is regulators want to encourage companies to go public, via mergers etc. So a newly listed entity that just started trading can be a shell for 18 months while they bring in a business.
GVSI has been listed and trading since 1998, it gets no extension.
So he just wants to bring his shareholders to the brink, while it becomes untradeable for the fun of it? He can say whatever he wants, where's the goods?
Meanwhile he's more interested in playing with his horses while his shareholders try and endure this fiasco.
https://twitter.com/GSharpRacing
Sharp is out of time and knows it, If filing as Pink it will take OTC about 10 days to review and approve filings, that's assuming no corrections come back, otherwise another 10 days.
If he goes SEC reporting he needs to provide 2 years audited financials with a form 10 plus all these other requirements of the form 10...
Item 2. Financial Information.
Furnish the information required by Items 303 and 305 of Regulation S-K (§§229.303 and 229.305 of this chapter).
Item 3. Properties.
Furnish the information required by Item 102 of Regulation S-K (§229.102 of this chapter).
Item 4. Security Ownership of Certain Beneficial Owners and Management.
Furnish the information required by Item 403 of Regulation S-K (§229.403 of this chapter).
Item 5. Directors and Executive Officers.
Furnish the information required by Item 401 of Regulation S-K (§229.401 of this chapter).
Item 6. Executive Compensation.
Furnish the information required by Item 402 of Regulation S-K (§229.402 of this chapter) and paragraph (e)(4) of Item
407 of Regulation S-K (§229.407 of this chapter).
Item 7. Certain Relationships and Related Transactions, and Director Independence.
Furnish the information required by Item 404 of Regulation S-K (§229.404 of this chapter) and Item 407(a) of Regulation
S-K (§229.407(a) of this chapter).
Item 8. Legal Proceedings.
Furnish the information required by Item 103 of Regulation S-K (§229.103 of this chapter).
Item 9. Market Price of and Dividends on the Registrant’s Common Equity and Related Stockholder Matters.
Furnish the information required by Item 201 of Regulation S-K (§229.201 of this chapter).
Item 10. Recent Sales of Unregistered Securities.
Furnish the information required by item 701 of Regulation S-K (§229.701 of this chapter).
Item 11. Description of Registrant’s Securities to be Registered.
Furnish the information required by Item 202 of Regulation S-K (§229.202 of this chapter). If the class of securities to be
registered will trade in the form of American Depositary Receipts, furnish Item 202(f) disclosure for such American Depositary
Receipts as well.
Item 12. Indemnification of Directors and Officers.
Furnish the information required by Item 702 of Regulation S-K (§229.702 of this chapter).
Item 13. Financial Statements and Supplementary Data.
Furnish all financial statements required by Regulation S-X and the supplementary financial information required by Item
302 of Regulation S-K (§229.302 of this chapter). Smaller reporting companies may provide the fi nancial informaton
required by Article 8 of Regulation S-X in lieu of the information required by other parts of Regulation S-X.
Item 14. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
Furnish the information required by Item 304 of Regulation S-K (§229.304 of this chapter).
Item 15. Financial Statements and Exhibits.
(a) List separately all fi nancial statements filed as part of the registration statement.
(b) Furnish the exhibits required by Item 601 of Regulation S-K (§229.601 of this chapter).
Another day of no filings and no profile, while Sharp is on his way to his horse races tomorrow. Reality setting in as September is half over. GVSI will not survive.
You can follow Sharp's horse races and why he neglects GVSI here, under "Entries", literally just traveling the country doing races every week, no concern about GVSI or shareholders
https://www.equibase.com/profiles/Results.cfm?type=People&searchType=O&eID=2019898
Maybe Sharp will sue Finra next, which is all he does, already setting the stage for blaming them for his failure at GVSI
Sharp has 2 horses entered at Churchill Downs for 9/16 and another at Remington on 9/17, he doesn't give a damn what happens with GVSI
Sharp don't care, too busy with his race horses, he already made his money off this by loading all the 002s and dumping them.
Even MWWC has filings posted today, meanwhile GVSI has nothing and never will. Everything Sharp bashed has outperformed him.
Even MWWC has a verified profile now, meanwhile GVSI has nothing
An 8k can be done in 10 minutes, if Georgie intended to report to SEC he would have filed 8k's months ago to at least update the basics, like when it went from Sol Power to Bitcoin Collect to Good Vibration, which persons resigned etc. SEC Edgar system still thinks its called Sol Power. All that could have been brought up to date already and would have been by anyone serious about reporting to SEC.
Nothing is happening here except shareholders being preyed upon to buy a failed custodianship by an inexperienced blowhard.
Which one? Pink is alternative reporting. 8k's and Form 10's are for SEC reporting. Now he's gonna be both? LOLzzzzzzz. Nothing is gonna happen
This thing is over. Some will still believe it's going to happen on Sept 27th. It's not. George Sharp is a pretender. He thought it would be cool to jump on the custodianship train. Has no clue what to do with one. He's done nothing in the OTC except run scam lawsuits.
If his plans were to be an SEC filer, we would have indications by now. Like basic 8k's. We don't see any of that. When you go to SEC (EDGAR) they still have it listed as Solpower.
Proper protocol of someone that intends to be SEC reporting would get the name updated and basic material events filed. Such as:
On X date the Company became Bitcoin Collect. On X date so and so resigned and so and so became CEO. On X date the Company became GVSI. On X date George Sharp was appointed CEO. These are not only standard simple 8k's but they're required material events that would have been published by now if he were intending to be reporting anywhere.
He won't do an 8k because he doesn't want the SEC coming after him over this fraud.
It's time to move on, IMO.