Replies to post #79518 on Good Vibrations Shoes Inc (GVSI)

[surfkast]

Quiet Period
The federal securities laws do not define the term “quiet period.” However, that term is used to refer to the period of time surrounding the filing of a registration statement during which an issuer of securities must ensure that its offering-related communications comply with the federal securities laws. This period lasts, at a minimum, from the time an issuer files a registration statement with the SEC to the time that SEC staff declare the registration statement “effective.” During that period, issuers and other participants in the registered offering must be careful that any “offer” of the registered securities is made in accordance with the federal securities laws. The failure to comply with applicable restrictions on making “offers” is referred to as “gun-jumping.” Because the SEC and courts have broadly construed the term “offer” to include communications that might generate public interest in an issuer or its securities, the scope of communications that are potentially subject to restriction is quite broad.

To ensure that the flow of information about issuers and securities offerings is not unduly limited, the SEC has adopted a number of rules to permit issuers to communicate during this period about matters other than the registered securities offering (including the release of factual business information), as well as rules that permit issuers to provide limited public information about their plans to engage in, or the status of, a registered securities offering.

https://www.investor.gov/introduction-investing/investing-basics/glossary/quiet-period

[Major Profits]

No, it really doesn't. Here is that tweet again:

George Sharp
@GeorgeASharp
Quiet periods are unfortunately necessary when you are trying to get through processes with the SEC, FINRA, OTC Markets (thanks to the powers bestowed upon them by the SEC) or other backlogged regulatory bodies. Nobody likes it any better than you do $HMBL $FORW $SRNW $GOFF $GVSI
5:29 PM · Apr 7, 2022·Twitter for Android

But it seems that his tweet was actually in reference to a tweet by the HUMBL CEO three days earlier:

Brian Foote
@humblceo
3. Upon advice of counsel, the company will continue to maintain a "quiet period" communications profile until this process is completed with the SEC.
6:49 PM · Apr 4, 2022·Twitter Web App

So why not just include a few hashtags at the end of his tweet and make the "quiet period" apply to ALL companies GS is associated with? (Hell, and why stop there? Why not hashtag every company in existence so that way no company would ever have to take responsibility for their slowness and, so, could always place the blame elsewhere! smh)

George Sharp
@GeorgeASharp
$GVSI update...We are petitioning the court to either allow us to cancel them or assign designation.
12:52 PM · Jan 25, 2022·Twitter Web App

So, ALMOST THREE MONTHS LATER, nothing??!!
...................................
GVSI MAKING ITS WAY OUT OF THE EXPERT MARKET