Let's review a few uncomfortable CURRNET facts about GVSI (the actual company and not what some posters might have had opinions about two to two and a half years ago):
• FINRA is "concerned" (I'm sure it's nore than concerned) about the six years of missing financials from 2008 - 2013.
• SEC/FINRA approval of name/ticker change that's taking much longer than average (it's been months now for something that FINRA states in its documentation only takes 3 - 4 weeks) - signaling that something went terribly wrong with the SEC/FINRA.
• SEC restriction on corporate actions such as a name/ticker name change and 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.
• Sharp abandoning getting GVSI audited.
• In continued violation of FINRA Rule 6490.
• FINRA Notice of Deficiency.
• SEC Rule15c2-11 warning.
• Price that has plummeted.
• Accumulation that has plummeted.
• Bloated share structure of 7 billion AS and 2.1 billion OS.
• No reverse merger anticipated and not even a candidate search has begun according to the most recent financials.
• A CEO who is abrasive, uncaring about shareholders and occupied with other priorities like racing his ponies and attacking other stocks.
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 from 2008 - 2013 to conform with FINRA Rule 6490 which GVSI has and is continuing to violate. And Sharp already said he ABANDONED getting GVSI audited and SEC registered and reporting.
The "$GVSI is otherwise prepared for a reverse merger, having identified two potential candidates and anticipates that such a merger could perhaps be completed in early 2024." post from GVSI's X 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.
And Sharp can be "prepared" and "anticipate" all he wants. A merger isn't happening.
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?
GVSI continues to slowly bleed out while people who continue to buy keep getting deeper and deeper in the hole with their investment because dilusional and some nefarious pumpers keep telling them that GVSI is "going to dollars!" And that "a merger is coming," all the while the SEC/FINRA is MIA with GVSI's corporate actions approval.
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.
