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Thursday, September 28, 2023 8:09:34 AM
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
![](http://investorshub.advfn.com/uimage/uploads/2023/8/14/qtjbwScreenshot_20230814_085120_Drive.jpg)
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:
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
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.
I had regretted taking over $GVSI. Had I known what I was in for, I would have never had done it. But even my most fervent doubters know that I don't just give up once I start. I spent a lot of my own money to get this done in order to justify the confidence of my supporters. https://t.co/RHSjRXdDyo
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023
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
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.
$WNFT reaches the promised land, after shedding its $GOFF persona.
— Worldwide NFT (@WorldwideNFTInc) June 29, 2022
The company will address its shareholders next week in a press release. Please do not rely on other peoples' assumptions. Only rely on the filings and statements made by the company.
Have a good long weekend.
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
There will be no reverse split, dilution or toxic debt taken on so long as I am involved with $GRDO. Update filings will reflect a zero balance sheet. PRs are forthcoming.
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) October 5, 2018
I regret giving the impression that $GRDO would not r/s, but unfortunately, it was the only way to get things done. Why would the shareholders want as much as 800 million shares in dead certificates? The only purpose that serves is to make it more expensive to raise money.
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) August 9, 2019
I will never be involved with a company that wipes out the shareholders through a reverse split. $FORW $TSNP
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) November 2, 2020
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](/static/images/ih2-bear.png)
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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