Replies to post #118358 on Good Vibrations Shoes Inc (GVSI)

[Hi_Lo]

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

Many here 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 his mistake. And then there was the epic failure at submitting the Form 10 and getting it rejected by the SEC which caused GVSI to not be registered with the SEC.

Now the court filing where the incorrect box was checked, to add to the other mistakes.

SMH!

Just a collection of unforced errors, blunders, delays and rejections 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?

The reality is that there was a massive GVSI sell off on pink current, contradicting what was said by many here.

GVSI hasn't even recovered 1/3 of its pre pink current price.

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 registered last year?

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 if the actual controversies aren't resolved in Sharp's share cancelation court case.

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 registered which severely limits the quality of a merging candidate, if there even is one after all these blunders, rejections 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 and it is not registered with the SEC.

There's also no reason for this warning should still be on GVSI's OTC Markets profile after pink current and it's profile being verified last month Yet it's still there.

Warning! This security is eligible for Unsolicited Quotes Only

This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.

Especially since OTC Markets verified GVSI's profile on January 2023 and updated it to Pink Current on February 2023 but didn't take the Rule15c2-11 warning off the profile.

Sharp's own WNFT and SRNW left expert market and had the warning removed right after pink current.

The warning is there for a reason.

Plus this disaster of a stock's share structure is bloated - 7 billion and 2.4 billion OS - which along with it not being SEC registered makes it a less attractive shell for a merger.

GVSI continues to be a disaster.

[Geegee678]

To me opportunity means not easy to come by..there will be more and better opportunities based on how it has been doing.