Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Probably true.
Isn't it a hoot that a person says they had spoken with FINRA and posted:
Read what I posted then this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172003201
That's quite an observation coming from someone who's only been in $GVSI since 5/26/23. Hell, if I just got here I wouldn't be complaining much myself.
https://www.indeed.com/career-advice/career-development/types-of-traders
GLTA
I seem to remember someone insinuating that longs that were holding strong were shmucks because "smart" money was flipping rather than just holding.
SEC Denies Anticipated OTC Expert Market
By Admin
Sep 9,2021
The proposed OTC Expert Market has been officially denied by the Securities and Exchange Commission (SEC). Earlier this August, the SEC issued a decision on a proposed order that would provide conditional exemption from Rule 15c2-11 for specific broker-dealer quotation publications through an Expert Market. The suggested market would have been operated by OTC markets. OTC Markets has confirmed to Colonial Stock that the Expert Market will continue to operate in a limited fashion.
Some people didnt seem to mind the delays and were in no hurry for GVSI to get pink current.
So now, GVSI longs arent allowed to post when they add or intend to add, because a few others cant afford to?
"Ok, major profits. you are making my point."
couldn't anyone have simply looked at the $GVSI OTCM page and saw that it didn't have a "shell designation"? smh
Not a shell, look at OTCM site, lol
I think that once he actually DOES have access, and all the paperwork is complete and uploaded, THEN it will say "Shell". Right now is $GVSI anything other than a shoe company (or a brewery) to the OTCM? I mean, if and when, he gets a new ticker symbol perhaps THEN the OTCM will show the "Shell" designation.
We'll see.
"These low prices are a gift."
Gifts here if anyone is able to buy, congrats.[November 17, 2021]
"I never claimed GVSI wasnt a shell.
I said that GVSI had yet to have a shell designation at the time.
It got one eventually, but like I have said clearly said and demonstrated, not all shells have the designation."
My whole point back then was there are plenty of tickers that meet the shell criteria and yet dont have the designation.
Just for fun though, lets look at Mullen Automotive.
That company is NASDAQ listed, maintains SEC filing obligations, has no production, no revenue and their assets consist mostly of cash and cash equivalents from stock offerings.
The SEC definition of a shell should apply to MULN and yet it doesn't.
Why is that?
I am not the one defining SFLM as a shell, the SEC is.
https://www.sec.gov/files/rules/final/33-8587.pdf
We are defining a “shell company” as a registrant with no or nominal operations and either no or nominal assets, assets consisting solely of cash and cash equivalents, or assets consisting of any amount of cash and cash equivalents and nominal other assets.
My point was that shell companies dont always have the designation.
No amount of word vomit or insults will change that.
I don't know, but take it up with the SEC...
Shell company: The term shell company means a registrant, other than an asset-backed issuer as defined in Item 1101(b) of Regulation AB (§ 229.1101(b) of this chapter), that has:
(1) No or nominal operations; and
(2) Either:
(i) No or nominal assets;
(ii) Assets consisting solely of cash and cash equivalents; or
(iii) Assets consisting of any amount of cash and cash equivalents and nominal other assets.
Ok, here you go... I have now cited to the SEC publication so that I can conclusively prove that you are wrong. Please tell me how the SEC definition is incorrect, I can't wait to hear why you and you alone know what a shell is!
I was told that shell companies were clearly defined by the SEC.
Dude, I posted the OTCM official explanation which backs up what I'm saying.
Now some opinions contradict the very posts from an hour ago stating that a "shell" is a company with no assets or operations.
Now those same folks are claiming that a "shell" isn't a "shell" unless they volunteer to be a "shell?"
I thought the SEC had clear rules on the definition.
Now, its different?
Why are we still trying to apply an SEC definition of a shell, when GVSI isn't an SEC registered stock and doesn't plan to become one anytime soon?
Nobody ever claimed that it was officially designated as a Shell.
The discussion was about whether it was a shell or not, period. And by definition, it is, which is why Sharp listed it as a Shell company in the SEC filings.
It's laughable that some think there needs to be a "shell" designation on the OTCM webpage for it to actually be a shell.
Unfortunately, until it's Pink Current it legally cannot be deemed a shell, even by SEC standards. It's is not a fully formed entity until then.
Until then, it's a dark defunct, EM ticker under the custodianship of George.
"Someone with the user name major profits calling actual shareholders sharing facts pumpers?
I never bash another stock. That's somebody's food on the table. Alot of theories of why this is done, but definitely the person is an a-hole.
"It doesn't take 6 months to get current if you're going to get current"-George Sharp (August 27, 2021)
Will agree.
GLTA
To be fair, GS tweeted "...today $GVSI will submit..."
GVSI
@OTCpinkGVSI
Having disposed of prior management's appeal to the SEC regarding FINRA's previous name & symbol change rejections, today $GVSI will apply for a name change to American Blockchain & a symbol change to either BLXS BLKS or BLCH. We do not know how much time FINRA may require.
7:24 AM · Jul 18, 2023
If you were a Moderator what would you sticky and/or add to the "IBox" here? (Yes, I've applied long ago. Must be a long waiting line.)
Anyhow, I'd sticky a long HiLo post including all he has to say about the SEC/FINRA/Rule 6490 stuff (not saying I believe it all or that the requested ticker/name change won't happen, so don't put words in my fingers) so that he wouldn't have to repeat (copy/paste) the same things as often as he does. I say that because I actually like reading his posts but not the copy/paste stuff anymore.
I'd also, perhaps, put some of it in the "iBox" which would be fine, asaic, because then another Mod could put in a rebuttal to it all.
Repetitiveness solved!! (Maybe).
Hey, just trying to be of help. (No need to thank me).
GLTA
$GVSI PUMPERS / HYPESTERS MISSING THE MARK SINCE 2021
Just some questions for the heck of it. (Got something better to do?)
Okay, so we have the share cancellations in the works along with the ticker and name change request with FINRA. But why hasn't there been a RISE in the pps on the RUMOR of these things? Nope, instead there has been a DROP in the pps over the last couple months.
$GVSI 2-MONTH SHART
So, will there be BUYING on the news or SELLING on the news such as what happened on both pink limited and pink current days? Or, perhaps, this will get a POP on the news and then the "fake longs" will sell?
Just wondering.
Then there's this:
George Sharp
@GeorgeASharp
Do not pay attention to what anybody "hears" or "knows" about any ticker I'm associated with unless you hear it from me or the company. It's all crap.
11:40 AM ·Jan 31, 2022·Twitter for Android
GVSI
@OTCpinkGVSI
Having disposed of prior management's appeal to the SEC regarding FINRA's previous name & symbol change rejections, today $GVSI will apply for a name change to American Blockchain & a symbol change to either BLXS BLKS or BLCH. We do not know how much time FINRA may require.
7:24 AM · Jul 18, 2023
Methinks this played a part as well (no I didn''t read it all) but it rarely gets a mention. It was a unique period in time:
https://www.hbs.edu/ris/Publication%20Files/Stock%20Market%20Stimulus_b6da0d1a-2e48-4a6d-a74b-09facf19d2fe.pdf
1 Introduction
In the midst of an escalating pandemic, the US government enacted fiscal stimulus of an
unprecedented magnitude between March 2020 and March 2021. The multifaceted stimulus acts
provided for sizable Economic Impact Payments, better known as “stimulus checks”, beginning
with a first round in mid-April 2020, a second round in early January 2021, and a third round in
March 2021. In total, the Treasury disbursed approximately $814 billion in payments directly to
taxpayers.
As Figure 1 shows, these payments occurred in the context of significant growth in
retail trading accounts and stock prices, particularly the prices of stocks that retail investors
tend to favor. Surveys suggest that on the order of 10%-15% of the payments may have shortly
found their way into the stock market.
...As one might expect, the effects are strongest among those stocks with a high
number of Robinhood-using owners, high retail trading according to FINRA’s measure, lower
capitalization, low nominal price, and high volatility.
"Bashers hate it when investors ignore their "I hate Sharp" bs and buy more GVSI."
"Sellers gone...
Next week May " [April 28, 2023]
Who cares? Gawd, do you have to tell us that everyday?
I'm buying more GVSI this week. Fact, not opinion.
He chose not to use the REPLY so what post is he replying to. Like I'm supposed to know? Can't see what the original post said and not searching for it (no I do NOT read every post by HL). But I think he does that because the guy is so scared that HiLo might be getting PAID for each time someone hits "Reply" to a post of his. smfh
I'm certainly not speaking for anyone else but let me ask you a few questions: George Sharp Advocate for truth in the OTC Pumpers have an agenda Stop listening to pumpers! George Sharp - Advocate for truth in the OTC
1) "Why does George Sharp 'care' about other tickers/CEOs and have his own personal 'ShitList' of tickers/CEOs?
2) "Why does GS say this on 'X'":
3) "Do you think that George Sharp is the only person in the entire OTC who cares about the TRUTH?"
And finally,
4) "Why did GS tweet these":
Even calling one out by name!!
@GeorgeASharp
Gawd, I wish the pumpers would stop pumping my stocks. I mean you @D************
7:39 AM · Aug 7, 2023
And note that GS said "pumpers", PLURAL!
You have to do your own DD and find out who the BSers are and who the TRUTH-TELLERS are but they are both out there, and BOTH SIDES ("Pumpers" and "Bashers") have them.
GLTY
"Listen to these jokers at your own peril."
I wouldn't be surprised if there were numerous traders who wished they had listened to him (and perhaps this is why you only tell the FIRST HALF of the story):
I bought tsnp $ high in the Fomo, about $3.70, and then Hmbl came, and that tech start up company had big growing pains, and wiped out my big investment, Forwardly too, wiped out, but still holding, underwater like everyone.[December 26, 2022]
YES YOU WERE WRONG REAPER!!
Hopefully this post will finally settle the matter.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172954976
I wasnt wrong. I made the observation that GVSI didnt have the shell designation at the time and said it was possible it wouldnt have one.
Unfortunately, until it's Pink Current it legally cannot be deemed a shell, even by SEC standards. It's is not a fully formed entity until then.
You just agreed with me. I've been saying that all along. But since it DIDN'T happen, then we are not legally a shell.
Unfortunately he’s correct, this isn’t. Again.
And yet, 17 months ago, he said it was!! smh
This ticker is a debt-free clean shell.
If I buy a car, it is a car even if the DMV doesn't list it as a car yet. That is simply a description of what it is.
A shell company is a shell company regardless of OTCM designation. You're moving the goalposts by claiming it has to be a "fully reporting shell" to be a shell company.
I'm done debating such a useless pedantic point. George Sharp thinks it is a shell, anyone with common sense thinks it's a shell, I don't care if you agree or not.
$SRNW and $WNFT are SEC filing shells, designated by the OTC
$GVSI is not.
GVSI is now going the Alt filing route and has yet to be a fully reporting "Shell" with the OTCM
Shells can be crazy.
GVSI is worth noting because of recent NVSOS activity. [May 6, 2018]
The last custodian of the GVSI shell that I know of is Randall Lanham as of Feb 2019.[August 06, 2019]
GVSI .0001 shell getting some attention from the recent correspondence between the SEC and the GVSI shell custodian, made public. [August 07, 2019]
"Prove it! You can't. "