Good Vibrations Shoes Inc (GVSI)

[Major Profits]

"He could have audited those financials 3 years ago and filed a FORM 10. But didn't."

But he did, and the Form 10 said they were audited. (But first, this from a trader back then):

$GVSI Form 10 and subsequent financials fully audited SEC filings by BF Borgers CPA PC. All there in black and white for you to read. Just a matter of time before we go Pink current...
http://www.bfbcpa.us/
https://www.otcmarkets.com/filing/html?id=15250025&guid=TKzwknc_n0sF_3h [September 29, 2021]

Yeah, "Just a matter of time before we go pink current..." alright. Only about 16 and a half months later! Oops.

And this from the Form 10 itself:

https://www.otcmarkets.com/filing/html?id=15250025&guid=ExJ-kaSmWjxPB3h#FORM10-12GA_HTM_J_016

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Good Vibrations Shoes, Inc. (the “Company”) as of December 31, 2020 and 2019, the related statements of operations, stockholders’ equity (deficit), and cash flows for the years then ended, and the related notes (collectively referred to as the “financial statements”)...

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

/s/ BF Borgers CPA PC
BF Borgers CPA PC

We have served as the Company’s auditor since 2021
Lakewood, CO
September 28, 2021

But it was withdrawn, of course:

GVSI
@OTCpinkGVSI
During the SEC review it was discovered that the designation of a class of pref shares issued by $GVSI's previous management is missing. On the SEC's advice, management has decided to withdraw the Form 10 and refile in December so that corrections can be made with the Nevada SOS.
1:04 PM · Nov 23, 2021·Twitter Web App

But some nine months after that GS tweets this:

George Sharp Retweeted
GVSI
@OTCpinkGVSI
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
5:28 AM · Jun 30, 2022·Twitter Web App

And eight months after that he tweets this:

George Sharp - Advocate for truth in the OTC
@GeorgeASharp
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.
4:54 AM · Feb 7, 2023

So the $GVSI financials went from being audited to not being able to be audited? And another question: "Has the reason the Form 10 was withdrawn in 2021 been fixed?"

GLTA