Sunday, December 17, 2023 5:55:53 PM
You are right.
Because GVSI filed its Form 15 in 2013 relieving it of having to disclose information, unless Sharp feels like disclosing if FINRA denies its corporate actions, the only other way shareholders will know if FINRA denies the corporate actions is if Sharp appeals the decision. Then it will become public information in a SEC administrative proceeding again (as it did before).
I doubt GVSI will appeal a denial of corporate actions again since Sharp just recently had to withdraw GVSI's SEC administrative proceeding appeal of the restriction on corporate actions this year.
That's why I think GVSI will just be left to die on the vine with shareholders being kept in the dark about the denial.
GVSI's price will just slowly bleed out to trips and stay there indefinitely.
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