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Re: delerious1 post# 171170

Wednesday, 04/24/2024 11:33:53 PM

Wednesday, April 24, 2024 11:33:53 PM

Post# of 171386

I will alway like this quote from someone who was there...."I was in Sharp’s last reverse merger ticker. I bought at .016, it ran to .359, I held almost all of it. It then went to .077, down 80%. I felt stupid, but I stayed the course. It ran to $1.93 and I won, selling shares along the way up."


It has been repeatedly pointed out to you and repeatedly ignored by you that TSNP/HMBL was part of a massive coordinated online pump and dump scheme that even Sharp criticized.





And TSNP didn't have all the SEC and FINRA problems that GVSI has.

It's pathetic that the only thing pumpers have to hang on to is hopium and a pump and dump scheme that had nothing to do with GVSI.

Now as far as GVSI is concerned, the missing audited financials from 2008 - 2013 makes GVSI a dirty shell.

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.





This is just one of the many reasons (along with FINRA's Notice of Deficiency and the SEC restriction on its corporate actions) that GVSI is having problems getting the SEC/FINRA approval of it's corporate actions.
Bearish
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.