Good Vibrations Shoes Inc (GVSI)

[Yolo]

No, because you bolded the sentence wrong. The 5% only modifies "individuals or entities":

"Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuers securities, or any person that performs a similar function, regardless of the number of shares they own."

You can see why FERN and other OTC companies phrase it differently, as it clarifies things tremendously:

Using the tabular format below, please provide information, as of the period end date of this report, regarding any person or entity owning 5% of more of any class of the issuer’s securities, as well as any officer, and any director of the company, or any person that performs a similar function, regardless of the number of shares they own.

So I'm pretty sure he has to disclose them if he has them. And unless he made a mistake (always a possibility), the lack of common shares means that he no longer has them. Just like WNFT, which actually lists that he still owns 3M common shares, but that means he sold 1.5M common shares at some point. Yet people refuse to believe it, despite the documents being explicit.