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Re: HokieHead post# 139968

Monday, 07/31/2023 10:04:50 AM

Monday, July 31, 2023 10:04:50 AM

Post# of 172024
There is an SEC/FINRA restriction on GVSI's corporate actions that can't be fixed because Sharp already said he can't audit GVSI's financials and the steep decline in price and accumulation that GVSI won't be able to recover from.

GVSI failed to get registered with the SEC since it had to withdraw its Form 10 registration statement...

https://www.sec.gov/Archives/edgar/data/1068618/000149315221029704/formrw.htm

Please be advised that Good Vibrations Shoes, Inc. (the “Company”) hereby respectfully requests withdrawal of the above-mentioned Registration Statement pursuant to Rule 477 of Regulation C promulgated by the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended. The Registration Statement was originally filed on September 27, 2021.



The Form 10 registration was never refiled like Sharp said he would two Decembers ago.

...and Sharp said he couldn't audit GVSI's financials.



The SEC has already put a restriction on GVSI's corporate actions such as a reverse merger because of its missing audited financials from 2008 through 2013. Audited financials that Sharp has already said he can't produce.

https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf

FINRA also acknowledges that the denial is based solely on failure to file periodic reports from 2008 to 2013



FINRA has already affirmed GVSI's deficiency determination and the SEC has placed a restriction on corporate actions such as a reverse merger.

https://www.sec.gov/litigation/apdocuments/3-19407-event-2020-05-12-brief-in-support-of-application-for-review.pdf

In sum, given the reasons set forth by the FINRA and the DOP in their determinations...the Commission's enforcement of FINRA's denial would effectively terminate the ability of GVSI to operate its business...

FINRA's deficiency determination and the Commission's affirmation of FINRA's deficiency determination would have the collateral consequence of preventing GVSI from ever conducting future corporate actions.



https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf

The Company’s many shareholders have essentially all lost their investment in the Company.



Sharp's GVSI merger talks tweet should be believed as much as his tweet saying he would get GVSI SEC registered and reporting, saying that WNFT would have a "business plan over the next several weeks which will include an acquisition(s)." that never materialized in September of last year when he said it would and when he said he would not reverse split GRDO then did just that.







Notice that Sharp again said that he would never reverse split any of his stocks when he had already reverse split GRDO. Is that being honest?



Bearish
Bearish

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.