Good Vibrations Shoes Inc (GVSI)

[rmarc]

This is what the SEC told Sharp was missing from the form 10 for GVSI become current. Sharp told the market he would submit the corrected form last December: "During the SEC review it was discovered that the designation of a class of pref shares issued by $GVSI's previous management is missing." Exactly what does the term "DESIGNATION" mean & what does Sharp have to do that apparently Sharp hasn't or cant do, to satisfy the SEC & bring GVSI current?