Good Vibrations Shoes Inc (GVSI)

[Major Profits]

A few things to add to the HiLo DD.

1) This from 2021:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163455957

And anybody thinking of taking over GVSI should serious consider that FINRA is highly unlikely to approve any future corporate action, including any name changes or future reverse split, making the shell basically DOA.

https://investorshub.advfn.com/boards/replies.aspx?msg=163460580

It's not likely that a custodian will be able to obtain information that the previous control person was unable to obtain..

2) For quite a long time, despite disappointment after disappointment, I held out hope and this GS tweet was one reason for that:

George Sharp
@GeorgeASharp
All it took was patience...and my wallet. Remember that. $SRNW $GOFF $GVSI
https://pbs.twimg.com/media/FRMorO6X0AUpPcj?format=jpg&name=small
7:52 AM · Apr 25, 2022·Twitter Web App

Now, however, I'm far less believing it is true. I mean, wouldn't GS have have filed a new Form 10 by now? Methinks so, so why hasn't he unless, perhaps, because he doesn't have the information he needs? Not to mention that it's now been TWO YEARS and SIX MONTHS since GS withdrew the first filed Form 10. And his reason for filing it to begin with was this:

George Sharp
@GeorgeASharp
The process has begun to register $GOFF $SRNW & $GVSI as SEC reporters, as will be evident through 8-Ks & Form 10s, that are soon to be filed. This is for the benefit of the POTENTIAL acquisition targets who require funding options available specifically to reporting issuers.
6:02 AM · Aug 31, 2021·Twitter Web App

So by GS not refiling a new Form 10 and $GVSI not becoming SEC Reporting again didn't/doesn't he LIMIT the "potential acquisition targets"?? I would think so. But why would he do that? Well, unless he knows he can't get this SEC Reporting again. Maybe?

3) So I had to ask outside this board about that "two years of audited financials" needed for a new Form 10. GS has been custodian of $GVSI since May 4, 2021 so one might think he should be able to get two years by now, no? Well, apparently, it's not that simple it seems.

https://investorshub.advfn.com/boards/replies.aspx?msg=174063538

is there ANYTHING that GS might need that goes BACK BEYOND his two years (into previous management's doings) which might prevent him from getting the two years of audited financials?

Short answer is yes.

Longer answer is absolutely.

Take a look at a balance sheet and an equity statement. A number of those items require full and complete financial information to be accurate. An income statement is a snapshot of the 2 (or 3) years covered by the date of the statement, but a balance sheet and equity statement are since inception. If information is missing, it is impossible to present those statements accurately. Even 1 year's information that is missing can easily cause the financial statements to not be accurate, and therefore not auditable.

https://investorshub.advfn.com/boards/replies.aspx?msg=174064320

So if anything you cite is missing, George could never file an audited financial statement. Thus the claim of filinging in 2025 is bullchit,

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174067036

Unless he obtains that information from somewhere, but if he didn't have it the first time he filed, I think it is unlikely he will be able to get it now.

So yes, the claim of filing a new registration in 2025 is likely complete BS.

Ok, for the sake of an argument let's just say that is NOT TRUE. Then I believe this will be good to go. Meaning that GS will, eventually, get this SEC Reporting and find an "asset." But what if it IS TRUE? Well, then the only thing to hope for is for a nice POP in the pps on the rumor of something good coming (fueled by the usual HYPEIUM, HOPIUM and the FOMO-inducing posts), but which would be followed, eventually, by another huge DROP of the pps when the bad news (again) finally arrives.

Just my take. Time will tell.

GLTA