Wednesday, January 25, 2023 11:03:15 AM
In the case of $GVSI, these share cancellations REPRESENT only 12-15% of the companies outstanding shares, a MINORITY INTEREST.
There is NO LAW IN EFFECT that states a shell has to finish share cancellation proceedings BEFORE it can announce the Reverse Merger Candidate. They can do it like TESS-oro did, AFTER the reverse merger candidate announcement.
People have been “groomed” to think that share cancellations “slow up the show” because it did with WN*T. But the only reason it “held up the show” was because the shares amounted to a MAJORITY STAKE INTEREST, an interest greater than 50.1%.
That is certainly NOT THE CASE with GVSI.
Sharp can announce reverse merger candidate ANYTIME AFTER PINK CURRENT and then proceed with the share cancellation process.
As long as the reverse merger candidate is fine with worst case 2.4 billion shares or best case 2.1 billion shares, they can move forward and take the share reductions step-by-step knowing the best and worst case scenario’s.
$GVSI is completely different from the other Trifecta Ticker.
Recent GVSI News
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM