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Thursday, August 19, 2021 7:29:31 AM
Link:
https://insiderfinancial.com/4-otc-stocks-on-the-rise-gvsi-ilus-inqd-pbya/181931/
Good Vibrations Shoes Inc is on the rise, gaining almost 40% during the last five days. The OTC stock is currently trading at $0.056, after hitting $0.058 earlier on Tuesday, which is the highest level since 2015. The share price surged by a whopping 18,000% since the beginning of the year, reaching a market cap of $127+ million.
However, the company is not even Pink Current, and has much room for growth. GSVI showed its teeth for the first time in May, after investors found out that George Sharp had become a custodian of the company. He first announced the filing for custodianship in April, contributing to the bullish move.
For those unfamiliar, George Sharp is a popular name in OTC. He is consulting several OTC companies and attorneys. He is also promoting himself as an investigator, forensic researcher, and OTC scam detector. He was a consultant to OTC Markets Group, Inc, so he knows how this market works.
George Sharp has been able to pull off great deals with Tesoro Enterprises and HUMBL Inc (OTCMKTS: HMBL). We first covered the TSNP/HUMBL deal when the stock was just $.027, which you can read here.
Investors expect him to succeed with GSVI as well. At the end of June, Sharp said that GSVI applied to become Pink Current, and it should happen this or next month, which may further drive the penny stock’s price.
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