Good Vibrations Shoes Inc (GVSI)

[janice shell]

Re. expert market. You need to be a "qualified expert" to trade on that market. Only institutional investors like hedge funds, investment banks, broker-dealers, and accredited investors are eligible. To be an accredited investor your "liquid" net worth needs to be $1+ million.

Not true. OTC Markets requested an exemption under Section 36 of the Exchange Act so it could operate the Expert Market that way. The SEC's Division of Trading and Markets seemed favorable:

https://www.sec.gov/rules/exorders/2020/34-90769.pdf

However, that was not to be:

Staff Statement on the Proposed Expert Market
Division of Trading and Markets Staff

Aug. 2, 2021

On December 22, 2020, the Commission issued notice of and requested comment on a proposed exemptive order that, if adopted, would grant a conditional exemption from Rule 15c2-11 for certain publications of broker-dealer quotations on an expert market operated by OTC Link LLC.[1]

This proposed order is not on the Chair’s agenda in the short term. Accordingly, on September 28, 2021, the compliance date for the amendments to Rule 15c2-11, we expect that broker-dealers will no longer be able to publish proprietary quotations for the securities of any issuer for which there is no current and publicly available information, unless an existing exception to Rule 15c2-11 applies.

https://www.sec.gov/news/public-statement/proposed-expert-market

I'm sure OTC Markets will continue to try to get the Expert Market it wants. But for now, it isn't happening. As you can see, Gensler didn't like it.