Saturday, October 26, 2024 1:45:44 AM
I happen to disagree with that as GVSI and George are currently in the 8th and final Quarter he needs of the 2 years of financials that will get GVSI qualified.
Only needing two years of audited financials is a lie that keeps getting pushed by pumpers. GVSI needs to file its missing financials from 2008 - 2013 to get current with the SEC - something Sharp has already said he ABANDONED doing. Sharp has even had to admit that those missing financials are keeping GVSI delinquent with the SEC since the form 15 was filed AFTER it failed to file the missing financials from 2008 - 2013.
$GVSI Name Change - The Issue, the Solution, and the Good News pic.twitter.com/fllFyJiI67
— American Blockchain Corporation (@OTCpinkGVSI) December 28, 2023
Here, the filing of the Form 15 did not absolve GVSI of it's delinquency. Nor does making the company Pink Current, as was accomplished during 2023. While the company is in good standing with OTC Markets, in the eyes of the SEC and FINRA, GVSI remains a delinquent reporter. FINRA will not process any corporate action such as a name change, symbol change or reverse (or forward) split while an issuer is deemed delinquent in its reporting requirements.
- George Sharp
December 28, 2023
Something I have been saying for close to three years.
The Solution
In order for FINRA to process GVSI's corporate actions - FINRA does not approve actions, they only process them - GVSI will have to once again become a reporting issuer in good standing. To do so GVSI will have to file two years of audited statements within a Form 10 filing. Current management forsees no issue in getting this accomplished in the near future and thus being reinstated as an SEC reporter in good standing.
The Good News
GVSI management believes that the company is close to a significant acquisition with two potential targets under serious review. Of course, as always, the mission is not complete until it is complete. Both potential candidates understand the current issue with FINRA and neither forsees the issue as being a roadblock to an acquisition.
- George Sharp
December 28, 2023
And since Sharp "believes that the company is close to a significant acquisition with two potential targets," and we all know how that turned out (a comolete failure), what does that say about the veracity that "current management forsees no issue in getting this accomished in the near future and thus being reinstated as an SEC reporter in good standing."
Not much I'd say looking at the failed "merger," "acquisition," and "targets" and Sharp's track record of lies in the past three years.
Sharp already has more than two years of reporting under his belt as head of GVSI yet he continues to file unaudited financials, going directly against the SEC/FINRA requirements and what he says GVSI needs to do.
Sharp really thinks his followers are gullible and stupid, and they might be if they believe him.
Not to mention his dumping his 20 million common GVSI shares and then lying about it.
The SEC should put an end to this scam once and for all.
