Why hasn't Sharp resolved the GVSI preferred shares problem? Why hasn't Sharp filed a motion in court to cancel the preferred shares three months after he told GVSI shareholders he would?".........The answers to these two questions is clear & obvious. ........Sharp hasn't filed the motion to cancel because he CANT PROVIDE to the court, as REQUIRED by the court, a memorandum of points & authorities to support the cancelling of the preferred stock.... FAILURE to support a motion without a memorandum of points and authorities, the court could deny the motion because you have implicitly admitted there is NO BASIS for it. (EDCR 2.20(c); JCRLV 11(a).)....That's the bottom line & Sharp doesn't have the testicular fortitude to admit the truth.