Replies to post #112348 on Good Vibrations Shoes Inc (GVSI)

[Yolo]

You tell me to be careful about making assumptions and then make assumptions, lol. If they weren't issued improperly or fraudulently, then they would be legally issued stock and one wouldn't even need an attorney to defend. Just show the Judge the issuing docs and GS would have no option other than to remove the restriction. Since these parties have not been able to get the restrictive legend removed to date, I'm betting they have problems with the issuing docs, and they know it.

That's my point. If the defendants show up, they likely won't even need an attorney to defend. They just need to provide proof to the court. But I don't expect them to contest at all.


And I'm sorry, but I think you're on a tangent with the restrictive legend thing. These eight shareholders didn't all suddenly show up and try to get the restrictive legend removed at the same time. Sharp proactively identified shares that could be canceled and filed this lawsuit. Thus, it didn't require the shareholders requesting the legend be removed to become an actual controversy.