"George will change the 2025 year and this will head back to .03'
That sounds good, and I thought he could do that but as has been said about it already:
The Form 10 timeline is prescient in relation to when the newly issued shares would be unrestricted. Why would you want that timeline to be shortened?
And:
That wasn't a mistake, unfortunately. He was using that timeline to explain that the new investors can't dump their shares. He meant 2025, and it doesn't make sense to read that blurb as meaning 2024.
I thought it (2025) might have been a mistake until I read the above. And I just can't think of any way to sugar-coat all this as GS has already said that FINRA won't "process" corporate changes until $GVSI becomes SEC Reporting again.
The Solution In order for FINRA to process GVSI's corporate actions--FINRA does not approve actions, they only process them--GVSI will have to once again become a reporting isssue in good standing. To do so, GVSI will have to file two years of audited financials within a Form 10 filing. Current reinstated as an SEC reporter in good standing.
Or am I missing something. And if so, please clue me in.