Good Vibrations Shoes Inc (GVSI)

[DaReal]

The lates Quarterly Report doesn't mention "No Dilution"
instead it clearly states:

Management also believes the Company needs to raise additional capital for working capital purposes.

http://www.otcmarkets.com/financialReportViewer?symbol=SOCR&id=116250

His 100M shares are actually restricted as outlined as well in the Quarterly.

A. Common shares
B. Charles Nienstedt – July 1st, 2013
C. 100,000,000 Shares
D.Issuance was done at price of Par value ($0.001)
E. Shares are restricted.
F. Shares DO contain a legend stating that they have not been registered under the Securities Act and outlining the restrictions from sale under Issuance History

Per Rule 144:

If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities.

~340M shares to go... jmho