Replies to post #172918 on Good Vibrations Shoes Inc (GVSI)

[surfkast]

That article is pure speculation.
As for GS reviving this. I am anxious to see how he will be dealing with the known issues.

GVSI is missing financials from 2008 - 2013, is in violation of FINRA Rule 6490, has a Notice of Deficiency from the SEC/FINRA, and has a restriction on any corporate actions by FINRA/SEC.

[I-Glow]

You need a reality check instead of living in pinky fantasyland.

You seem to forget about the GVSI Deficiency Notice from FINRA. I believe that FINRA needs to have audited financials from 2008 to 2013. That hasn't changed.

From Sharp: "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."

So Sharp tapped out.

But wait there is more: "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"

Did you read the Disclaimer on the Article you referenced - it was meaningless blathering. It is a penny stock pumping rag.

"Disclaimer: The information provided here is not intended to be a comprehensive analysis of the subjects mentioned. All information, opinions, and forecasts contained herein should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities or related financial instruments. Investors should conduct their own research or consult with a qualified financial advisor before making any investment decisions. The author and publisher of this content are not responsible for any losses, damages, or other consequences that may result from the use of the information provided. Investing in stocks, including those mentioned here, involves risks, including the risk of loss."

IG

[Hi_Lo]

I happen to disagree with that as GVSI and George are currently in the 8th and final Quarter he needs of the 2 years of financials that will get GVSI qualified.

Only needing two years of audited financials is a lie that keeps getting pushed by pumpers. GVSI needs to file its missing financials from 2008 - 2013 to get current with the SEC - something Sharp has already said he ABANDONED doing. Sharp has even had to admit that those missing financials are keeping GVSI delinquent with the SEC since the form 15 was filed AFTER it failed to file the missing financials from 2008 - 2013.

$GVSI Name Change - The Issue, the Solution, and the Good News pic.twitter.com/fllFyJiI67

— American Blockchain Corporation (@OTCpinkGVSI) December 28, 2023

Here, the filing of the Form 15 did not absolve GVSI of it's delinquency. Nor does making the company Pink Current, as was accomplished during 2023. While the company is in good standing with OTC Markets, in the eyes of the SEC and FINRA, GVSI remains a delinquent reporter. FINRA will not process any corporate action such as a name change, symbol change or reverse (or forward) split while an issuer is deemed delinquent in its reporting requirements.

- George Sharp
December 28, 2023

Something I have been saying for close to three years.

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 issuer in good standing. To do so GVSI will have to file two years of audited statements within a Form 10 filing. Current management forsees no issue in getting this accomplished in the near future and thus being reinstated as an SEC reporter in good standing.

The Good News

GVSI management believes that the company is close to a significant acquisition with two potential targets under serious review. Of course, as always, the mission is not complete until it is complete. Both potential candidates understand the current issue with FINRA and neither forsees the issue as being a roadblock to an acquisition.

- George Sharp
December 28, 2023

And since Sharp "believes that the company is close to a significant acquisition with two potential targets," and we all know how that turned out (a comolete failure), what does that say about the veracity that "current management forsees no issue in getting this accomished in the near future and thus being reinstated as an SEC reporter in good standing."

Not much I'd say looking at the failed "merger," "acquisition," and "targets" and Sharp's track record of lies in the past three years.

Sharp already has more than two years of reporting under his belt as head of GVSI yet he continues to file unaudited financials, going directly against the SEC/FINRA requirements and what he says GVSI needs to do.

Sharp really thinks his followers are gullible and stupid, and they might be if they believe him.

Not to mention his dumping his 20 million common GVSI shares and then lying about it.

The SEC should put an end to this scam once and for all.

[I-Glow]

Did you read the Disclaimer? Degen Magazine is a penny Stock Pumping rag.

"Disclaimer: The information provided here is not intended to be a comprehensive analysis of the subjects mentioned. All information, opinions, and forecasts contained herein should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities or related financial instruments. Investors should conduct their own research or consult with a qualified financial advisor before making any investment decisions. The author and publisher of this content are not responsible for any losses, damages, or other consequences that may result from the use of the information provided. Investing in stocks, including those mentioned here, involves risks, including the risk of loss."

Changing the name of pink current to OTCID is meaningless - it isn't uplisting.

OTCM is a public company that isn't an Exchange or Regulator - they are a public for profit company - the OTCID will have a Fee attached to it.

The was more blathing and the Author didn't understand the changes.

IG