Monday, August 21, 2023 8:26:31 AM
The decision to restrict GVSI's corporate actions was taken because of a FINRA Notice of Deficiency which lead to a restriction on ALL of GVSI's corporate actions including a corporate name change, ticker symbol change and a reverse merger.
Where's the GVSI corporate name and ticker symbol change approval from the SEC/FINRA? It's been over a month and nothing.
Get used to waiting because it ain't happening.
https://www.sec.gov/litigation/apdocuments/3-19407-event-1.pdf
FINRA initially declined to process the Company's Corporate Actions on June 21, 2019 by delivering a Notice of Deficiency Pursuant to FINRA Rule 6490
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
https://www.sec.gov/litigation/apdocuments/3-19407-event-2020-05-12-brief-in-support-of-application-for-review.pdf
The DOP made no finding that the documentation GVSI submitted was in any way deficient. See Certified Record Tab 18 FINRA Deficiency Notice dated June 25, 2019. Yet on June 25, 2019, DOP refused GVSI’s application by providing GVSI with a deficiency notice. (Id.) In refusing to grant GVSI’s application, DOP stated its denial was based on a finding that GVSI had not completed certain periodic filings prior to filing its Form 15 on July 10, 2013
And Sharp already said he ABANDONED getting GVSI audited and SEC registered and reporting:
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
Our attorneys & auditors have concluded that it is impossible to audit $GVSI due to past corporate mismanagement of records/actions. Therefore, we are abandoning efforts to become an SEC reporter & are preparing an application for OTCIQ access to be filed with OTCM within 60 days
— American Blockchain Corporation (@OTCpinkGVSI) June 30, 2022
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.
