Good Vibrations Shoes Inc (GVSI)

[BeasTrader]

They are only 1 preferred A super share that was issued by previous management that gave 51% voting rights. Along with 5 million Preferred A and 1 Million Preferred B share.

"
Preferred Stock
The Company’s Board of Directors has authorized the issuance of Series “A” Preferred stock of 5,000,000 with a
nominal value per share of $0.001. One series "A" share has been issued and it has super voting rights equal to
51% of all common shares outstanding at any time. The Company’s Board of Directors has also authorized the
designation and issuance of 1,000,000 Series “B” preferred Shares. Each Series B Preferred Share is convertible
into 500 shares of common stock, but only if certain conditions are met are they convertible. Series B shares must
be held for at least one (1) year in order to be eligible for conversion, and once eligible can only be converted in
amounts that will not exceed 9.99% of the outstanding shares of the company when combined with any existing
holdings of the shareholder wishing to convert. The Series ”B” shares were issued at cost basis of $0.001 (or par
value) for consulting services lasting three (3) years from the time of issuance."


The 300,000 series Preferred A is what George sharp gave himself in the form 10.

So that 1 preferred share needs to be resolved.