Good Vibrations Shoes Inc (GVSI)

[Yolo]

GS has seen the issuing docs and evidently feels his attorneys can defend the position that shares were issued improperly or even fraudulently. I personally think he wouldn't have spent a penny on this filing unless he was highly certain he would win, and that is just common sense.

I don't think you can draw these conclusions.

All Sharp had to think was that the defendant wouldn't contest in court. A default judgment wins and the shares are canceled.

He doesn't need proof of anything being issued fraudulently if it is uncontested.