Sharp first has to petition the court to resolve the preferred shares. He hasn't even filed for the court to do that. And the court isn't a regulator like the SEC or FINRA, so that whole argument about regulators and GVSI is BS. Maybe it can apply to SR*W since the SEC is reviewing their Form 10 but NOT GVSI.
The most likely reason for ths fact that nothing has been updated or filed or approved for GVSI in court or the SEC in almost eleven months is because it looks like the company that was going to merge in most likely cancelled the deal because of all the delays, problems and Sharp not being able to resolve the preferred shares.
Any company with competent management would follow basic common sense and risk management principles. Not having an approved Form 10 because GVSI can't seem to resolved its preferred shares which would make any competent comlany manager question whether GVSI can continue as a company.
All evidencs seems to point to GVSI being a risk management nightmare.