Everlert Inc. (EVLI)

[Hi_Lo]

“Abandoned” GVSI

You are right - GVSI did abandon getting current through the best possible way - via a Form 10 through the SEC. So technically that part was abandoned by Sharp.

GVSI's only hope now is to get listed the sloppy and less attractive way - not through getting registered with the SEC (the highest standard) but through OTCIQ without audited financials - and even that is questionable since the problematic undesignated preferred shares haven't been resolved. What multi-billion dollar NFT company would take the risk of merging into a shell with problematic undesignated preferred shares and unaudited financials? Answer: none.

Not being able to get current via the SEC and unaudited financials will dramatically limit the size and quality of the candidate company being merged in.

Our attorneys & auditors have concluded that it is impossible to audit $GVSI due to past corporate mismanagement of records/actions. Therefore, we are abandoning efforts to become an SEC reporter & are preparing an application for OTCIQ access to be filed with OTCM within 60 days

And where is the court approval that is needed for the proof of claim?

$GVSI Motion for Requiring Written Proof of Claim went unopposed and we expect the court to sign off at any time. This will eliminate all third-party debts.

Where is the court sign off? Given the problematic preferred shares that Sharp said he would petition the court to resolve but never did? Why not simply wait to make it public once OTCIQ access was granted?

The court hasn't signed off and most likely won't given those problematic preferred shares that have never been resolved. Those problematic preferred shares won't simply go away by trying to get current via another route (again).

GVSI is a disaster.

Luckily EVLI isn't in expert market. Sharp has established that he is indeed interested in EVLI from his most recent letter to Blankenship. EVLI is trading with no restrictions and will continue to do so as long as Sharp continues his custodianship court case to gain control of EVLI. A case where Sharp has the advantage against Blankenship who can't even afford a lawyer (and doesn't currently have one) since he has stiffed paying two lawyers (who left) back to back in the last couple of months and the judge already warned Blankenship about showing up to court without a lawyer. Sharp has an excellent chance of outspending Blankenship to regain control of EVLI in court.



https://www.washoecourts.com/Query/CaseInformation/CV21-00906