InvestorsHub Logo
Followers 29
Posts 8898
Boards Moderated 0
Alias Born 02/01/2013

Re: HokieHead post# 146838

Thursday, 09/28/2023 8:09:34 AM

Thursday, September 28, 2023 8:09:34 AM

Post# of 172062

Cut/Paste meaningless parts of filings and twisting them in to complete fairytales



GVSI's most recent quarterly report which is a legally binding document signed by George Sharp specifically states that there are no mergers anticipated and that the search for a candidate has not even begun. The quarterly report was signed by Sharp and is not a "fairytale."

https://www.otcmarkets.com/otcapi/company/financial-report/378041/content



List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

NONE



Meaningless lawyer links that have nothing to do with GVSI



They are not "meaningless" and pertain directly to GVSI and its missing audited financials from 2008 - 2013 BEFORE GVSI filed its Form 15 and was responsible for FINRA issuing GVSI its Notice of Deficiency and also led to the SEC restricting GVSI's corporate actions because of its continued violation of FINRA Rule 6490 which in turn has led to the SEC/FINRA not to approve GVSI's corporate actions.

https://bradshawlawgroup.com/reverse-mergers-a-basic-primer/

Conducting effective due diligence on the shell company is essential, as merging with a “dirty” shell (i.e., a shell whose management failed to follow proper SEC reporting procedures) could prove fatal for the private company.[13] In searching for “clean” shells, private companies should consider the shell’s number of stockholders, reporting record, and how and where it is listed.[14]



No audited financials means no reverse merger for GVSI and Sharp already said he abandoned getting GVSI audited, SEC registered and reporting and there are SIX YEARS of missing GVSI financial reports.

GVSI failed to get it's corporate actions approved before because of all of the reasons mentioned above and the same will happen this time.

And Sharp already said he abandoned getting GVSI audited and SEC registered and reporting:





Let's review a few uncomfortable truths about GVSI (not what some posters might have posted two to two and a half years ago as opinions):

• SEC/FINRA approval of name/ticker change that's taking much longer than average - signaling that something went wrong.
• SEC restriction on corporate actions such as a reverse merger.
• 6 years of SEC/FINRA audited financials delinquent (2008 - 2013) *before* filing its Form 15
• Non SEC registered.
• Non SEC reporting.
• Non audited financials.
• In violation of FINRA Rule 6490.
• FINRA Notice of Deficiency.
• SEC Rule15c2-11 warning.
• Price that has plummeted.
• Accumulation that has plummeted.
• Problematic share cancelations - 6 losses 0 wins so far with Carlin - the largest shareholder cancelation MIA.
• Bloated share structure of 7 billion AS and 2.4 billion OS.
• No reverse merger candidate as mentioned in the most recent financials.
• A CEO who is abrasive, uncaring about shareholders and occupied with other priorities.

What a glowing review from Sharp...full of regret...and in retrospect he would never had done it. Seems like even Sharp thinks GVSI is a disaster.





Sharp already said he can't produce what FINRA/SEC is specifically asking for in its Notice of Deficiency - AUDITED financials to conform with FINRA Rule 6490 that GVSI is not upholding.

The "we can move forward with discussions with our target merger candidate" tweet from his personal twitter account should be believed about as much as his tweets saying he would get GVSI SEC registered and reporting, that he would refile GVSI's SEC Form 10 registration statement and never did, saying that WNFT had reached the "promised land" and would have a "business plan over the next several weeks which will include an acquisition(s)." that never materialized in September of last year and saying he would not reverse split GRDO then did just that.











Mind you that Sharp again said in the above tweet that he would NEVER reverse split a stock AFTER he did just that for 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.