Good Vibrations Shoes Inc (GVSI)

[Yolo]

Read GS's tweets! It's all there. He's issued a non-binding LOI for a best-efforts raise of $15m. $9m have been committed contingent upon GS raising $6m. GS planned on selling 250m shares of GVSI for $0.02 (keeping 50m for himself). The total 300m shares came from his 300,000 preferred shares (1:1000).

Literally the bolded text is the only part of this that is accurate. The rest is inane rambling by someone who lacks reading comprehension.

The $9M fundraising was a previous round, it does not mean that George has to raise $6M.

No idea where you got the idea that he would sell 250M shares or anything else in this fever dream post.