Replies to post #144649 on Good Vibrations Shoes Inc (GVSI)

[Hi_Lo]

The points on your list are moot now because of the FINRA Notice of Deficiency issued to GVSI (and the SEC restriction on corporate actions)..

https://www.sec.gov/litigation/apdocuments/3-19407-event-2020-05-12-brief-in-support-of-application-for-review.pdf

The DOP made no finding that the documentation GVSI submitted was in any way deficient. See Certified Record Tab 18 FINRA Deficiency Notice dated June 25, 2019. Yet on June 25, 2019, DOP refused GVSI’s application by providing GVSI with a deficiency notice. (Id.) In refusing to grant GVSI’s application, DOP stated its denial was based on a finding that GVSI had not completed certain periodic filings prior to filing its Form 15 on July 10, 2013

https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf

FINRA also acknowledges that the denial is based solely on failure to file periodic reports from 2008 to 2013 prior to filing a Form 15

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.

And now we have this from the latest quarterly report:

https://www.otcmarkets.com/otcapi/company/financial-report/378041/content

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

NONE

So there is no merger candidate. Something I have been saying for months. A candidate isn't even anticipated.

https://www.otcmarkets.com/otcapi/company/financial-report/378041/content

We have incurred nominal operations since custodianship and will actively search for suitable merger candidates to assist in the sustaining of operations.

"will actively search"...future tense.

It seems there's no merger candidate to speak of. The search hasn't even begun.

So it shows there doesn't seem to be a merger candidate. But then again, what serious company would merge into such a problem-plagued shell?

But the GVSI merger discussions will continue to be posted by pumpers even though the quarterly report specifically states there is no reverse merger candidate and that there is no reverse merger anticipated, plus the GVSI merger is not possible according to SEC documentation because of its FINRA Notice of Deficiency, GVSI's violation of FINRA Rule 6490 and the SEC restriction on corporate actions.