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Replies to post #146838 on Good Vibrations Shoes Inc (GVSI)

Replies to #146838 on Good Vibrations Shoes Inc (GVSI)
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Hi_Lo

09/28/23 7:48 AM

#146839 RE: HokieHead #146838

Here is pumper extraordinaire HokieHead giving a defintive date for the SEC/FINRA corporate action approval date that has long come and gone yet no approval - no surprise there.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172720568

TREN to AVAI submitted 5/23 approved 7/18 = 38 business days.

GVSI submitted 7/18 = 38 business days means this week or next.
Wednesday, 08/30/2023 11:56:35 AM



Notice no qualifiers - HokieHead said "this week or next." HokieHead states it as fact yet it never happened.

His "this week or next" definitive date would have given GVSI SEC/FINRA approval no later than September 8th (which has long come and gone) yet I still see no SEC/FINRA approval of GVSI's corporate actions despite all of his repetitive pumps.


Where is this name change corporate action approval from the SEC/FINRA pumpers like you speak of so often?

Where is this ticker symbol change corporate action approval from the SEC/FINRA pumpers like you speak of so often?

Where is this merger corporate action approval from the SEC/FINRA pumpers like you speak of so often? Sharp didn't even apply for one. Why is that?

None of these corporate actions approved by the SEC/FINRA can be found because they don't exist.

It sounds like Sharp knew there were issues before applying for name/ticker change corporate action approvals - why give so many warnings?

Sharp's other shells - WNFT and SRNW - had their corporate actions approved quickly. Plus they both are SEC registered and reporting while GVSI is not.

I thought Sharp said there was an "agreement" with the SEC? Then why is the corporate actions approval taking so long?



Especially since FINRA states it usually takes 3 - 4 weeks to get them approved and it's been 9 weeks now?



Could it be FINRA's Notice of Deficiency issued to GVSI? Could it be GVSI missing six years of audited financials from 2008 - 2013? Could it be the SEC restriction on GVSI's corporate actions? Could it be GVSI's continued violation of FINRA Rule 6490?

And Sharp never addressed the issues that made FINRA issue it's Notice of Deficiency and the SEC restrict GVSI's corporate actions (such as violating FINRA Rule 6490 and not filing the missing audited financials from 2008 - 2013) before again applying for a change in corporate actions.

There is a current SEC restriction on GVSI's corporate actions such as a corporate name change, ticker symbol change and reverse merger and a FINRA Notice of Deficiency issued to GVSI bacause of GVSI's missing six years of audited financials from 2008 - 2013 and GVSI's violation of FINRA Rule 6490 and Sharp already said he ABANDONED getting GVSI audited and SEC registered and reporting.

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.



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



I also keep asking repeatedly but none of the pumpers can ever credibly respond - again, show verifiable documentation with links proving that OTC Markets alternate reporting companies like GVSI don't have to follow FINRA Rule 6490 which GVSI is in violation of - but not one pumper has managed to do so.

They can't because it isn't true.

And Sharp already said he abandoned getting GVSI audited, and registered and reporting with the SEC.





People have been dumping to below a penny and GVSI's price continues to fall. They have been bailing since they are starting to realize that no SEC/FINRA approval is coming.
Bearish
Bearish
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Hi_Lo

09/28/23 8:09 AM

#146841 RE: HokieHead #146838

Cut/Paste meaningless parts of filings and twisting them in to complete fairytales



GVSI's most recent quarterly report which is a legally binding document signed by George Sharp specifically states that there are no mergers anticipated and that the search for a candidate has not even begun. The quarterly report was signed by Sharp and is not a "fairytale."

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



Meaningless lawyer links that have nothing to do with GVSI



They are not "meaningless" and pertain directly to GVSI and its missing audited financials from 2008 - 2013 BEFORE GVSI filed its Form 15 and was responsible for FINRA issuing GVSI its Notice of Deficiency and also led to the SEC restricting GVSI's corporate actions because of its continued violation of FINRA Rule 6490 which in turn has led to the SEC/FINRA not to approve GVSI's corporate actions.

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]



No audited financials means no reverse merger for GVSI and Sharp already said he abandoned getting GVSI audited, SEC registered and reporting and there are SIX YEARS of missing GVSI financial reports.

GVSI failed to get it's corporate actions approved before because of all of the reasons mentioned above and the same will happen this time.

And Sharp already said he abandoned getting GVSI audited and SEC registered and reporting:





Let's review a few uncomfortable truths about GVSI (not what some posters might have posted two to two and a half years ago as opinions):

• SEC/FINRA approval of name/ticker change that's taking much longer than average - signaling that something went wrong.
• SEC restriction on corporate actions such as a reverse merger.
• 6 years of SEC/FINRA audited financials delinquent (2008 - 2013) *before* filing its Form 15
• Non SEC registered.
• Non SEC reporting.
• Non audited financials.
• In violation of FINRA Rule 6490.
• FINRA Notice of Deficiency.
• SEC Rule15c2-11 warning.
• Price that has plummeted.
• Accumulation that has plummeted.
• Problematic share cancelations - 6 losses 0 wins so far with Carlin - the largest shareholder cancelation MIA.
• Bloated share structure of 7 billion AS and 2.4 billion OS.
• No reverse merger candidate as mentioned in the most recent financials.
• A CEO who is abrasive, uncaring about shareholders and occupied with other priorities.

What a glowing review from Sharp...full of regret...and in retrospect he would never had done it. Seems like even Sharp thinks GVSI is a disaster.





Sharp already said he can't produce what FINRA/SEC is specifically asking for in its Notice of Deficiency - AUDITED financials to conform with FINRA Rule 6490 that GVSI is not upholding.

The "we can move forward with discussions with our target merger candidate" tweet from his personal twitter account should be believed about as much as his tweets saying he would get GVSI SEC registered and reporting, that he would refile GVSI's SEC Form 10 registration statement and never did, saying that WNFT had reached the "promised land" and would have a "business plan over the next several weeks which will include an acquisition(s)." that never materialized in September of last year and saying he would not reverse split GRDO then did just that.











Mind you that Sharp again said in the above tweet that he would NEVER reverse split a stock AFTER he did just that for GRDO - is that being honest?
Bearish
Bearish
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I-Glow

09/28/23 6:27 PM

#146884 RE: HokieHead #146838

Why did Sharp withdraw the Form 10 on 11/23/2021 that was almost 2 years ago - why don't you explain why it has taken Your Cult Leader so long to file a new Form 10?

What happened to the Big name and ticker symbol change with FINRA - obviously there is a problem.

It is obviously impossible to make an excuse for Sharp's incompetence.

The GVSI disaster is hilarious.

IG