Replies to post #102716 on Good Vibrations Shoes Inc (GVSI)

[MrNormall]

Very good point! And as we saw with SRNW, there was MASSIVE share reductions.

Great days ahead here!

[Yolo]

If you're talking about SRNW, that was like 90% the first time and the latest round is another 50% (off the top of my head, haven't bothered to check to make sure).

From my perspective, 10% isn't quite significant, but my expectation is 291M based on that being the number of restricted shares.

If it is 400M+ then I'll be pleasantly surprised, and that's more in line with what I consider significant. 400M is about 1/6, 800M is 1/3 and 1.2B is 1/2.

I'd be surprised if we get anywhere close to 1/2 though, as my assumption was new investors had purchased at least 1/2 since Sharp became custodian. Based on a completely mistaken view of what accumulation means, he doesn't have room to cancel any!

But checking actual accumulation since 2018-2020, I think 240M-290M seems the most likely range, and it could possibly go as high as 450M.

[GREGG THE GREEK]

And this is where we might catch a crazy ride to $ plus....

Personally for me (and this is conservative) anything over 10% is significant. He mentioned share cancellations for his other ticker and don’t recall him saying “significant” yet isn’t it about 50% or so cancelled?

Either way, all who have held and continue to do so will make some nice bank.

GVSI