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Wednesday, November 30, 2022 3:05:00 AM
I bought GVSI multiple times in 2021, ranging from $0.04 (first purchase, evidently during a pump) to $0.02 (when it crashed and I averaged down in a big way) to $0.06 (the day before the SEC deadline, when we all expected it to be pink current because Sharp assured us he knew what he was doing).
I thought it would be an amazing investment, I drank the kool-aid and dreamt of riches and paying off my mortgage. I even averaged up with my remaining liquidity because I was so confident that it would be pink current within days.
But then it didn't get current and Sharp announced that he was going the SEC route and it would take 60 days. It crashed before I could sell, so I was disappointed, but still bullish long term. Like you, I reached out to every broker I could find to try to figure out a way to buy more shares without moving to Canada.
When Thanksgiving got close, the hype was back in full force and everyone thought it would be a December to Remember and a Green Christmas and we thought the wait sucked but it would be worth it soon.
Then he withdrew the Form 10 and promised to refile it, causing mass confusion and all kinds of speculation and projections for the earliest it could go pink.
And then... Nothing. Nada. For months. We were stuck on this ghost ship being pulled out to sea and taking on water and we had no idea if it would ever find a safe harbor again.
So yeah, you're damn right I still have my shares, I'm not selling for a -50% to -80% loss, I'll hold for over a year hoping that it can get current. But I'm not happy about it, it was a crappy journey and there is no excuse for the way it was mishandled throughout.
If someone can't tell that a shell is a shell, can you trust anything else that they say?
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