Good Vibrations Shoes Inc (GVSI)

[Major Profits]

The only thing I can think of is that "ole Lockjaw", along with all those who thought this ticker was going to appear on the FINRA "Daily List" in 2023, didn't know that was what he needed. Thus this post:

American Blockchain Corporation
@OTCpinkGVSI
Dec 28, 2023
$GVSI Name Change - The Issue, the Solution, and the Good News
https://pbs.twimg.com/media/GCcP6AvXEAAr7Tg?format=png&name=small
https://pbs.twimg.com/media/GCcQKhBXEAAsOTo?format=png&name=small
6:23 AM · Dec 28, 2023

...The Issue
A couple of generations of management ago, GVSI used to be an SEC reporter, filing audit financials. The last of these audited financials was filed on February 14, 2008. Then, on June 26, 2008, GVSI filed notice of late filing for the first quarter of 2008 (blue).

On July 10, 2013, GVSI filed a Form 15, which is notice that the company doesn't intend to be an SEC Reporter any longer (yellow). However, in this case, the Form 15 was filed when GVSI was already 5 years deliquent in its reporting requirements. The filing of a Form 15 is only truly effective in absolving a company of its reporting requirements if that company is current in its reporting at the time of the filing.

Here, the filing of the Form 15 did not absolve GVSI of its delinquency. Nor does making the company Pink Current, as was accomplished during 2023. While the company is in good standing with the OTC markets, in the eyes of the SEC and FINRA, GVSI remains a deliquent reporter. FINRA will not process a corporate action such as a name change, symbol change or reverse (or forward) split while an issuer is deemed delinquent in its reporting requirements.

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 issue in good standing. To do so, GVSI will have to file two years of audited financials within a Form 10 filing. Current 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 targets understand the current issue with FINRA and neither forsees the issue as being a roadblock to an acquisition. GVSI is officially registered as "American Blockchain Corporation" with the state of Nevada. "Good Vibrations Shoes, Inc." and GVSI are equivalent to interim labels. Furthermore, neither potential target is interested in executing a reverse split at this time, as they are particularly attracted to the stock's liquidity.

Safe Harbor Statement
.........[6:23 AM · Dec 28, 2023]

Then there were those who said he was going to file a new Form 10 in 2025. Didn't happen.

Then, of course, there was this:

George Sharp - Advocate for truth in the OTC
@GeorgeASharp
Over the last 3+ years I have spent over $350,000 from my own pocket to keep $SRNW $GVSI and $WNFT current and a going concern. Finding legitimate deals to vend into these tickers has proven to be a challenge for various reasons, including false statements made by individuals. Specifically, one individual, who falsely and retributively claimed--as he has since admitted on the record--that I received $45,000,000 of HUMBL stock for $5,000 and then dumped those shares into the market. This has brought the subject of my integrity into question. Indeed, this statement has brought the integrity of the entire OTC market into question. While I continue to entertain legitimate endeavors for these tickers, I can no longer justify supporting these companies with my own money. As such, I will allow these companies to go into default until I can vend a legitimate and honest deal into them.

...I will continue to call out schemes and scams among OTC tickers with continued 100% accuracy. As always, if I say it is a scam....Take. It. To. The. Bank.

Thank you to those who continue to believe in my efforts and provide emotional support to my cause.

I seek Safe Harbor.
10:23 AM · Sep 14, 2025

Actually after his post concerning the HMBL lawsuit being over (that he tweeted on 12/19/25) he hasn't said anything about any of his tickers since (that I know of anyway). 🤷

Sorry, that's all I got. 🤷

GL 🍀

P.S. That he hasn't given an update to shareholders concerning his tickers is one thing but that he isn't racing the horses like he was is an even bigger mystery, at least to me. 🤷