Tuesday, April 09, 2024 11:20:27 PM
lol it's amazing how you spend so much time here on hating this stock, while the stocks you are in are cratering,
More of your never-ending lies. SFLM is not "cratering." I'm averaged in at slightly below where the price currently is. On the other hand GVSI has cratered...TWICE! And GVSI will continue to fall in price because it's a SCAM!
This Pink Current and clean
Again, more of your never-ending lies. GVSI is not "clean." It is SEC delinquent and in violation of FINRA Rule 6490 because it failed to file audited financials from 2008 - 2013. Even Sharp had to admit that GVSI is SEC delinquent.
FINRA initially declined to process the company's corporate actions on June 21, 2019 (and most likely again recently since Sharp said he applied for a name and ticker change corporate action from the SEC/FINRA that, again, never happened and was never heard from again) by delivering a Notice of Deficiency Pursuant to FINRA Rule 6490.
https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf
FINRA also acknowledges that the denial is based solely on failure to file periodic reports from 2008 to 2013
https://www.sec.gov/litigation/apdocuments/3-19407-event-1.pdf
FINRA's denial under Rule 6490 of the Company's requested corporate actions of a change of corporate name, symbol request and a reverse stock exchange pursuant to a merger on a one for twenty-thousand (I :20,000) basis (the "Corporate Actions").
FINRA initially declined to process the Company's Corporate Actions on June 21, 2019 by delivering a Notice of Deficiency Pursuant to FINRA Rule 6490.
As stated in the SEC document above, the SEC declined GVSI's corporate actions. GVSI then appealed the decision on the SEC/FINRA declined corporate actions:
https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf
On March 20, 2019 (18 months ago), Applicant, Allied Corp. (previously Good
Vibration Shoes, Inc.) ("GVSI"), submitted an application to FINRA to complete a name change, obtain a new symbol, and conduct a reverse stock exchange pursuant to a merger, pursuant to FINRA Rule 6490. After months and months of delays, FINRA determined the application was deficient on June 21, 2019. Applicant filed an appeal to the Uniform Practice Committee of FINRA (the “Committee”) on June 27, 2019. On August 16, 2019...the Committee affirmed FINRA’s determination.
The SEC/FINRA affirmed declining the change in GVSI's corporate actions so GVSI withdrew the appeal on the restriction so the SEC/FINRA dismissed the case which means the restriction on corporate actions are still in place.
For those wondering why $GVSI didn't file this sooner, counsel had quite a battle getting answers from FINRA and the SEC on how to end this unwinnable battle which was begun by previous management. We finally reached an agreement with the SEC.
— American Blockchain Corporation (@OTCpinkGVSI) June 4, 2023
https://t.co/KRN4h0hthw
So Sharp is basically admitting that getting GVSI's corporate actions approved by the SEC/FINRA is "UNWINNABLE."
And Sharp never said what the "agreement" was. And if there was one, it definitely didn't benefit GVSI.
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.
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
Anybody listening to your lies does so at their financial peril (again).
See how I back up what I say with SEC and law firm documentation as opposed to the willfully intended lies that you pull out of your ass.
