Replies to post #143403 on Good Vibrations Shoes Inc (GVSI)

[Jayman5000]

OTC Markets is not a regulatory authority.

[KeithPB50]

It’s probably in everyone’s best interest to not even read intentional disinformation on a daily basis.

I don’t even let those words enter my brain 🧠 for two years now or since Sharp Abandoned $GVSI.

🤣🤣🤣

🚂🎪🤡

[HokieHead]

Greetings from the Keys! Looking forward to the GVSI week ahead, looks like the gnats, saviors that have been completely wrong and the broke posters in fairytale tickers all still working the ticker hard. 😆.

Sounds like even more fallacies being spewed from Hi_Lo, and backups Jayman, and troops trying to spin them as legit? I give you…

The iHub garbage collection… 💩

100% F R A U D S!!

[Hi_Lo]

Here is a screen capture and the link to the law firm article so that people can actually verify the text:



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

The issuer is not current in its reporting obligations with the Securities and Exchange Commission;

GVSI does in fact have to be CURRENT WITH THE SEC to get corporate actions approved by the SEC/FINRA which it is not because Sharp already said he abandoned that effort.

This other law firm article also says the same thing.

https://bradshawlawgroup.com/reverse-mergers-a-basic-primer/

Conducting effective due diligence on the shell company is essential, as merging with a “dirty” shell (i.e., a shell whose management failed to follow proper SEC reporting procedures) could prove fatal for the private company.[13] In searching for “clean” shells, private companies should consider the shell’s number of stockholders, reporting record, and how and where it is listed.[14]

And even if it did say "or other regulatory authority", which other regulatory authority would that be? FINRA? FINRA already issued GVSI a Notice of Deficiency.

No audited financials filed with the SEC means no reverse merger for GVSI and Sharp already said he abandoned getting GVSI audited, SEC registered and reporting.

I had hope to start $GVSI as an SEC reporter, but after over a year of having two accounting firms work on it & discussions with the SEC, I begrudgingly agreed that I would not be able to get the books audited. https://t.co/tOP9FImksT

— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023

Our attorneys & auditors have concluded that it is impossible to audit $GVSI due to past corporate mismanagement of records/actions. Therefore, we are abandoning efforts to become an SEC reporter & are preparing an application for OTCIQ access to be filed with OTCM within 60 days

— American Blockchain Corporation (@OTCpinkGVSI) June 30, 2022

But twisting information is a well known pumper MO.

[delerious1]

The Department shall make such deficiency determinations solely on the basis of one or more of the following factors: (1) FINRA staff reasonably believes the forms and all supporting documentation, in whole or in part, may not be complete, accurate or with proper authority; (2) the issuer is not current in its reporting requirements, if applicable, to the SEC or other regulatory authority; (3) FINRA has actual knowledge that the issuer, associated persons, officers, directors, transfer agent, legal adviser, promoters or other persons connected to the issuer or the SEA Rule 10b-17 Action or Other Company-Related Action are the subject of a pending, adjudicated or settled regulatory action or investigation by a federal, state or foreign regulatory agency, or a self-regulatory organization; or a civil or criminal action related to fraud or securities laws violations; (4) a state, federal or foreign authority or self-regulatory organization has provided information to FINRA, or FINRA otherwise has actual knowledge indicating that the issuer, associated persons, officers, directors, transfer agent, legal adviser, promoters or other persons connected with the issuer or the SEA Rule 10b-17 Action or Other Company-Related Action may be potentially involved in fraudulent activities related to the securities markets and/or pose a threat to public investors; and/or (5) there is significant uncertainty in the settlement and clearance process for the security.

https://www.finra.org/rules-guidance/rulebooks/finra-rules/6490