Sunday, February 05, 2023 2:05:22 PM
George only keeps us partially in the loop, meaning large updates or open ended concepts...
Like when he said he'd refile the Form 10 and never did, he waited months to explain.
He also said early last year that he would petition the court to cancel preferred shares then there was absolutely nothing mentioned about those shares until about a year later (a few weeks ago) when he finally quietly filed the paperwork without tweeting about it. My guess is that after saying that he would petition the court and finally looked into it, he found major issues with what he was trying to do.
Now there are actual controversies and the a very high chance of lawsuits coming from his attempt to cancel those shares. Notice he didn't tweet about his court filing concerning the canceling of shares when he did.
If he was really confident about the share cancelation he would have sent out a tweet mocking and bragging like he has with Calasse i.e. "not losing any sleep over it." That didn't happen this time. With Calasse he let everyone know what he was doing but not with GVSI. With GVSI he was very tight-lipped. No wonder he waited so long.
This will just continue to drag out any reverse merger if we go by WNFT/Calasse as an example of this...if any company is even still interested in merging with GVSI given all the errors, fumbles, long delays, missed projections and probable lawsuits that are about to drop.
Bearish
