Good Vibrations Shoes Inc (GVSI)

[Yolo]

If what someone posted that the defendants have 21 days to respond to the share cancelations, there should be something posted from the court on Friday or next week.

I believe it is 21 days from service, and we don't know when that date was for any of the 8 defendants. Assuming no foreign defendants, though, I'd bet the 21 days runs out anywhere from Feb 17-28th.

If nothing is posted by the defendants to contest, then we just wait for GVSI to file something requesting a default judgment.

Either way, I don't think it has that much influence on the price. Only 12% of outstanding shares are being canceled, and one defendant owns 10% of OS. As long as he doesn't contest, the rest are meaningless.

My only concern is the chance of delays. I don't know how quickly it will happen if uncontested.