Replies to post #117493 on Good Vibrations Shoes Inc (GVSI)

[Hi_Lo]

What happened here? I thought this was supposed to go below a penny?

It sure got close to under a penny. But don't worry, all the potential share cancelation lawsuits can still give it enough reason to get it under a penny and and soon!

[Hi_Lo]

Just getting started.

I agree. The potential GVSI shareholder lawsuits are about to get started...and soon.

They should be fascinating to watch!

I sure will be watching. Thanks for pointing that out.

[Hi_Lo]

GVSI has a small rebound and the people thinks it's proof of clear skies ahead.

It closed at basically the same price that it opened yesterday.

What a victory!

Many here now think there's no possibility of anything going wrong with GVSI now...that's definitely not the case, especially looking at the last year and a half as an example.

GVSI has been a case study on how to do a reverse merger in the worst possible way. Examples are the filing of the attorney letter without stating who prepared it and filing the financials with the wrong category that had to be resubmitted and Sharp had to own up to as his mistake. And then there was the epic failure at submitting the Form 10 and getting it rejected by the SEC.

Just a collection of unforced errors, blunders qmd delays which cost all shareholders a year and a half of their valuable time, and most likely will continue if GVSI's history is an example of what lies ahead.

I thought this was going to .10 on pink limited?

I thought this was going to .10+ on pink current with people scambing for shares on that day?

GVSI isn't even a third of the way there and the reality is that there was a massive sell off on pink current, contradicting what was said by many here.

I thought GVSI was going to get a multi-billion dollar merger (which was said ad nauseam) last year? I thought GVSI's price was going multi-dollars (which was said ad nauseam) last year? I thought GVSI was going to be SEC compliant last year?

All these incredibly mistaken price predictions for pink limited and pink current just adds to all the mistakes and blunders that have been made for the last year and a half.

And now Sharp's GVSI common shares that everyone kept referring to showing proof of how committed he was to this shell are no longer listed in the 2022 yearly report.

Plus the share cancelation filed in court by George has a high probability of GVSI having up to eight lawsuits from shareholders whose shares Sharp wants to cancel.

Actual controversies have arisen and now exist between Plaintiff and Defendants

https://dictionary.law.com/Default.aspx?selected=2319

actual controversy

n. a true legal dispute which leads to a genuine lawsuit rather than merely a "cooked up" legal action filed to get a court to give the equivalent of an advisory opinion. Federal courts, including the U.S. Supreme Court, will only consider an "actual controversy", on appeal, since they will not give advisory (informal) opinions or make judgments on "friendly suits" filed to test the potential outcome.

Plus GVSI is not even SEC compliant which limits the quality of a merging candidate, if there even is one after all these blunders and delays - delays which most likely will continue with the recent actual controversies in court with the share cancelations.

No company will merge with GVSI if the shares are being contested.

GVSI continues to be a disaster.