Good Vibrations Shoes Inc (GVSI)

[BigMoneyChalupa]

Buddy, I worked in the securities industry for a couple of years, and I think I might know a thing or two about securities law as it applies to the financial markets

And when it comes to such matters, the SEC is the supreme law of the land. FINRA is like the SEC's little brother, and if you are fully reporting with the SEC, you are fine. As long as your quarterlies are accurate, there's no sketchy business going on, and you file them on time, then you are fully compliant with the Securities & Exchange Commission.

To clarify your question about the 15c2-11 warning sign you see on OTC markets, WNFT most definitely meets the requirements. It's a very simple process:

1. The company must be fully reporting with the SEC.
2. It must have a minimum of ~30-40 stockholders of record holding at least 100 shares each.
3. Finally, it must have a market maker submit 15c2-11 (Form 211) application to FINRA and agree to act as market maker for the company's securities

It appears as though all that is missing is step 3. There are definitely 30 to 40 stockholders, and the company is fully reporting with the SEC. If Sharp wants to get a market maker to file a 15c2-11 to get rid of that warning sign, then so be it. But since there are numerous market makers already quoting WNFT on a daily basis, it appears as though they are "piggybacking" upon one another. (relating to 15c2-11 rule).

I would read up on this when you get a chance: https://www.issuerconsulting.com/services/15c211-application/