Good Vibrations Shoes Inc (GVSI)

[logic-commonsense]

Jayman - let's have a real discussion now (I'm not interested in all of the name calling). Do you think the SEC/FINRA is really going to treat GVSI the same now (2 years after custodianship) as they did 5 years ago when GVSI's prior management was running a scam company and trying to push through corporate actions that were not beneficial to the shareholders? Don't you agree that when GS requests the next round of corporate actions, the SEC is more likely going to conduct a brand new review and barring anything unusual, will likely use a standard 2-year look back at audited financials, which will be easy for GS to obtain since the company has literally done nothing from a business standpoint and has just been a shell for the past 2 years? Yes, I agree with you that by withdrawing the appeal, it does not change the fact that the request for corporate actions of the dubious prior management are permanently denied, and withdrawing the appeal does nothing to change that fact. However, can we also agree that new management is likely NOT going to be held to the same standard of review given the custodianship and actions for the past 2 years? Doesn't logic point us all in that direction?? This is where I see ulterior motives of many of the negative posts here - not necessarily yours, but many others. They're trying to push the theory that because GVSI was held to a high level of scrutiny 5 years ago, new management is automatically under the same level of scrutiny as a shell - I think that reasoning is simplistic and wrong