Replies to post #13470 on Good Vibrations Shoes Inc (GVSI)

[MrNormall]

Correct

[Aladdin Sane]

That’s the gist of it. The beauty of this is that GS already has candidates waiting for good shell opportunities. Companies approach him because he’s very trusted, with a proven track record for successfully facilitating and closing RM deals. So, in essence we're investing in George Sharp. Once we are at the point where the RM candidate is revealed, we will know the real value, and that's when we can start throwing the dollar word around. I don’t think GS would be wasting his time to merge this ticker with a hotdog stand. IMHO there is Huge Potential here!

[samsamsamiam]

yes - although it was previously attempted by another company and Finra gave them the run around and it ended up in the hands of the SEC. The other company jumped into another shell instead of this one. (ALID).
The status of the case does not appear to be settled. if Culter was smart I guess he could see the action here and decide the shell might be worth keeping for himself. or make some deal with George not to contest.

https://www.sec.gov/litigation/apdocuments/ap-3-19407.xml