Replies to post #137361 on Good Vibrations Shoes Inc (GVSI)

[MrNormall]

George has unwound the past mess with $GVSI at the state level and now has 2 years of fins to report to FINRA and the SEC for Name and Ticker change. That's the way it works, and that's the way he is doing it.

MERGER COMING FOLKS!!

END OF F*CKING STORY!!!

Too funny.

[Starlost]

OMG...such old news. Can't you guys get over it. The constant and desperate attempt to prove himself/herself right here is just exhausting.

Get over it.

[Jayman5000]

It was specifically the 6 missing years of filings that blocked the corporate actions, not the names mess.

[Hi_Lo]

And what you constantly fail to point out, is they were trying to do Corporate actions as Inca Hemp. NOT Good Vibrations shoes,

Same ticker, same company, only management changed. Change in management is irrelevant to FINRA Rule 6490.

https://www.hg.org/legal-articles/how-finra-rule-6490-lmpacts-reverse-mergers-30567

FINRA Rule 6490, has evolved since it was enacted over two years ago. For some time, FINRA has required that issuers provide expansive disclosures and supporting documentation not only for the corporate change subject to the notice but for the company’s entire corporate history from inception.

These disclosures are required of both SEC reporting and non-reporting issuers if they undertake corporate actions including reverse mergers. Compliance with Rule 6490's requirements is a minor task for companies going public by filing a registration statement with the SEC. Companies filing registration statements rarely have difficulties obtaining DTC eligibility unlike reverse merger issuers.

The Inca Hemp (GVSI) corporate actions (name and ticker change) never took place because it was blocked by SEC/FINRA and it will be blocked again because GVSI is unaudited, delinquent with the SEC and is not SEC registered and reporting.

That's the same lie you unsuccessfully tried before, just like your lie about GVSI being SEC registered.


GVSI has to account for what the SEC and FINRA are demanding and Sharp can't provide - audited GVSI financial statements.

https://www.sec.gov/litigation/apdocuments/3-19407-event-1.pdf

FINRA's denial under Rule 6490 of the Company's requested corporate actions of a change of corporate name, symbol request and a reverse stock exchange pursuant to a merger on a one for twenty-thousand (I :20,000) basis (the "Corporate Actions").

FINRA initially declined to process the Company's Corporate Actions on June 21, 2019 by delivering a Notice of Deficiency Pursuant to FINRA Rule 6490.

...the Notice of Deficiency pursuant to FINRA Rule 6490 still stands and proves that there is a current SEC restriction on GVSI's corporate actions because of GVSI's deficiency/delinquency.

https://www.sec.gov/litigation/apdocuments/3-19407-event-1.pdf

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of the Application of
GOOD VIBRATION SHOES, INC.
APPLICATION FOR REVIEW AND NOTICE OF APPEARANCE
For Review of Action Taken by FINRA

Inca Hemp, Inc. (formerly Good Vibration Shoes, Inc.) (the "Company), by its attorneys Cutler Law Group, P.C., hereby submits the instant Application for review of FINRA's denial under Rule 6490 of the Company's requested corporate actions of a change of corporate name, symbol request and a reverse stock exchange pursuant to a merger on a one for twenty-thousand (I :20,000) basis (the "Corporate Actions"). FINRA initially declined to process the Company's Corporate Actions on June 21, 2019 by delivering a Notice of Deficiency Pursuant to FINRA Rule 6490. The Company filed an appeal of the Notice of Deficiency to a subcommittee of FINRA's Uniform Practices Code Committee (Case No. CAS-55435-H3X0J3). The subcommittee affirmed the action of FINRA and denied the appeal on August 16, 2019. Accordingly the Company appeals the denial of the Corporate Actions. The Company hereby applies to the commission for review of FINRA's decision. The Company argues that FINRA has misapplied its discretion under Rule 6490 and acted in a reckless, arbitrary and capricious manner by declining the Corporate Actions.

Keep in mind that there has already been a decision made FINRA (and the decision was affirmed) on GVSI's deficiency/delinquency and a restriction on corporate actions for GVSI was placed and the SEC just keeps extending the date to allow GVSI the opportunity to resolve the delinquencies which it has not.