Monday, July 31, 2023 10:01:36 AM
First - the Sharp's merger discussion tweet itself:
Now that $GVSI is current, we can move forward with discussions with our target merger candidate, whom we will not identify until/if there is an agreement. $GVSI has no way to know how long this may take or even if an agreement will come to fruition.
— American Blockchain Corporation (@OTCpinkGVSI) February 7, 2023
Second[/b[ - a similar tweet about WNFT was sent last year by Sharp that was complete BS and I called it so that day...
The mandatory settlement conference did not yield an agreement with Calasse, however we anticipate that $WNFT will proceed with a business plan over the next several weeks which will include an acquisition(s). This statement should not be construed as a guarantee for success.
— Worldwide NFT (@WorldwideNFTInc) August 19, 2022
"$WNFT will proceed with a business plan over the next several weeks which will include an acquisition(s)." - completely false manipulative BS just like the GVSI merger discussions tweet.
Third - there is a current SEC restriction on all of GVSI's corporate actions such as any type of merger because GVSI has not submitted audited financials from 2008 - 2013 which made GVSI SEC delinquent and restricted its corporate actions:
https://www.sec.gov/litigation/apdocuments/ap-3-19407.xml
https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf
I had hope to start $GVSI as an SEC reporter, but after over a year of having two accounting firms work on it & discussions with the SEC, I begrudgingly agreed that I would not be able to get the books audited. https://t.co/tOP9FImksT
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023
Fourth - there is a FINRA Notice of Deficiency issued for GVSI.
https://www.sec.gov/litigation/apdocuments/3-19407-event-1.pdf
Keep in mind that there has already been a decision made by FINRA (and the decision was affirmed) on GVSI's deficiency/delinquency and a restriction on corporate actions for GVSI was placed and the SEC just keeps extending the date to allow GVSI the opportunity to resolve the delinquencies which it hasn't and can't because Sharp can't audit GVSI's financials.
GVSI has to account for what the SEC and FINRA are demanding and Sharp can't provide - audited GVSI financial statements. The SEC delinquency determination and the imposition of the SEC restriction on corporate actions was placed on August 16, 2019. Plus the most current entry date of the SEC case against GVSI is April 10, 2023.
Fifth - and related to the SEC restriction on GVSI's corporate actions is the fact that GVSI is also in violation of FINRA Rule 6490.
https://www.sec.gov/litigation/apdocuments/ap-3-19407.xml
https://www.sec.gov/litigation/apdocuments/3-19407-event-1.pdf
...the Notice of Deficiency pursuant to FINRA Rule 6490 still stands and proves that there is a current SEC restriction on GVSI's corporate actions because of GVSI's deficiency/delinquency.
https://www.sec.gov/litigation/apdocuments/3-19407-event-2020-05-12-brief-in-support-of-application-for-review.pdf
https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf
But the GVSI merger discussions will continue to be posted by Sharp supporters even though a GVSI merger is not possible.
GVSI is delinquent with the SEC, is not SEC registered and reporting, has a FINRA Notice of Deficiency that was never addressed, has a SEC/FINRA restriction on its corporate actions such as a reverse merger and is in violation of FINRA Rule 6490.
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