Wednesday, May 08, 2024 10:45:20 AM
"Any new share issuances cannot have restrictions removed from them until the SEC accepts GVSI’s Form 10 filing, complete with two years of audited statements. The Form 10 filing is expected to occur late in the first quarter of 2025 and the SEC typically requires 3 to 6 months for comments/question before accepting such a filing. Furthermore, a lock-up agreement will ensure that divestiture of these new shares cannot take place before January 5, 2026."
FINRA won't process any Corporate Actions for GVSI which makes it worthless.
And Sharp is just buying time this nonsense - "The Form 10 filing is expected to occur late in the first quarter of 2025 and the SEC typically requires 3 to 6 months for comments/question before accepting such a filing."
You posted:
"GVSI from .002 to .20 - a fantasy now, until the next bull market for OTC stocks. Do you know what happened in 2020-2021? If the economy goes into the gutter, the money printer goes brrrrr.
We only have so much time before the next series of stocks goes absolutely ballistic. Each run and cycle has the potential to be more powerful than the one prior. Time and chance fellas."
GVSI is a dormant/Zombie ticker.
Sharp hasn't can't file a 15c because FINRA won't process any Corporate Actions.
This is what it gets:
"Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making."
The OTCM lists GVSI as a Shell.
GVSI is finished - unless Sharp can find a way to work with FINRA. And in 3 years Sharp hasn't made anyway progress with FINRA.
IG
The First Casualty of Emotion is Reason.
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