Replies to post #120061 on Good Vibrations Shoes Inc (GVSI)

[MrNormall]

A RS would not give an incoming company ANY SHARES! Rather, insiders would buy shares and/or be given Preferred controlling blocks of shares.



Do you not know how that works?

[Hi_Lo]

They may have to do a Reverse Split imo

With the bloated share structure of 7 billion AS and 2.4 billion OS and Sharp's history shown by his tweets below, I wouldn't be surprised if there is a reverse split.

For those who say that George Sharp *NEVER* reverse splits his tickers, we have this whopper of *NOT* keeping his word:

There will be no reverse split, dilution or toxic debt taken on so long as I am involved with $GRDO. Update filings will reflect a zero balance sheet. PRs are forthcoming.

— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) October 5, 2018

I regret giving the impression that $GRDO would not r/s, but unfortunately, it was the only way to get things done. Why would the shareholders want as much as 800 million shares in dead certificates? The only purpose that serves is to make it more expensive to raise money.

— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) August 9, 2019

GVSI's bloated share structure of 7 billion AS and 2.4 billion OS is another prime candidate for this to happen again, no matter what many here have said in the past.

Sharp saying he would get GVSI to be a registered SEC stock is another example of not keeping his word.