I-Glow
3 days ago
I was looking at the GVSI Twitter feed and this is pretty funny. Anyone that believes in Sharp deserves to lose their investment.
@GeorgeASharp
On February 6, 2024, $GVSI announced that it had enter into a non-binding Term Sheet for the acquisition of a privately owned Blockchain enterprise. This evening, that company informed $GVSI by email, that it was terminating the merger effort as neither they nor the funding company wished to be involved in the "culture of chaos that is common in the OTC market". Specifically, the blockchain company cited the "lack of appreciation by supposed shareholders who currently own nothing as will [sic] as disdain towards management, as seen on social media." The email also states that, "We do not wish to be subject to nor influenced by public holiganism [sic]."
$GVSI notes that the owners of the blockchain company are foreign-born Americans and of a culture more tempered than that of western countries.
$GVSI management will continue to seek the acquisition of an asset, but given the previously discussed issues with FINRA, it does not expect to be successful before mid-2025.
That is complete BS. No real private company would even consider using GVSI to go public. First they would want to be on a exchange. And Sharp can't get FINRA to process a simple name and symbol change.
Only pumpers put a $ in front of a stock symbol.
You can tell GVSI is a scam when Sharp posts this nonsense - "$GVSI announced that it had enter into a non-binding Term Sheet for the acquisition of a privately owned Blockchain enterprise."
When you read about a non-binding term sheet, LOI or MOU it is guaranteed to be a scam. There never was a private company that was unterested in GVSI - just more Sharp pumping.
Sharp cant keep the pinkyland fantasy straight - first he states -"that it was terminating the merger effort as neither they nor the funding company wished to be involved in the "culture of chaos that is common in the OTC market" but he follows it up with the following - "$GVSI announced that it had enter into a non-binding Term Sheet for the acquisition of a privately owned Blockchain enterprise."
So the fictional company was going to do a merger with GVSI and they were going to provide the funding. But Sharp states that GVSI was going to acquire blockchain company.
Sharp has zero transparency. And shareholders won't hold him accountable for their losses because for some oddball reason they are scared that Sharp might ban them on twitter - which if there was a shell that reported to the SEC it would be violation of Reg FD.
IG
Hi_Lo
3 days ago
Our CEO's Radiogel stock up 80% this morning on Human Studies in India... I remember when he was advising the CEO there during his Reverse Merger!
And what does that have ro do with this GVSI scam?
NOTHING!
Let's review a few uncomfortable CURRENT facts about GVSI:
• FINRA is "concerned" (I'm sure it's more than concerned) about the six years of missing audited financials and previous management's "acts."
• SEC/FINRA approval of name/ticker change that failed miserably, indicating that something went terribly wrong with the SEC/FINRA.
• SEC restriction on corporate actions such as a name/ticker name change and a reverse merger.
• 5 years of SEC/FINRA audited financials delinquent (from 2008 - 2013) *before* filing its Form 15.
• Non SEC registered.
• Non SEC reporting.
• Non audited financials.
• Sharp himself stating he couldn't get GVSI audited.
• In continued violation of FINRA Rule 6490.
• FINRA Notice of Deficiency.
• SEC Rule15c2-11 warning.
• Price that has plummeted.
• Accumulation that has plummeted.
• Bloated share structure of 7 billion AS and 2.1 billion OS.
• No reverse merger anticipated and not even a candidate search has begun according to GVSI financials.
• A supposed recent "merger" failure (that wasn't really a merger since proper paper work was never filed with the SEC) that catastrophically failed.
• Sharp dumped his 20 million GVSI common shares right before the failed "merger" and then lied by saying he was never issued his common shares.
• A CEO who has repetitively lied to and gaslighted investors, hiding important information from and stringing investors along (with fraudulent pumps) while he enriches himself (and insiders), is abrasive and uncaring about shareholders, often blaming them for his mistakes and occupied with other priorities like racing his ponies and attacking other stocks.
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.
https://twitter.com/GeorgeASharp/status/1622942829440913408?t=1QrC2O86NpdetHV1DCi9JA&s=19
https://twitter.com/GeorgeASharp/status/1622941929762615296?t=meY3xDEvrwcO-DLQrl0STw&s=19
https://twitter.com/OTCpinkGVSI/status/1542485294464860160?t=zSMssXtC34SQd7TRVmXA7A&s=19
Sharp already said he can't produce what FINRA/SEC is specifically asking for in its Notice of Deficiency - AUDITED financials from 2008 - 2013 to conform with FINRA Rule 6490 which GVSI has and is continuing to violate. And Sharp already said he ABANDONED getting GVSI audited which means he won't be able to get GVSI SEC registered and reporting for a reverse merger.
What Sharp says he plans to do in 2025 about another merger attempt and filing GVSI's Form 10 should be believed about as much as Sharp's tweets saying he would get GVSI SEC registered and reporting three years ago, that he would refile GVSI's SEC Form 10 registration statement three Decembers ago 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 two years ago when Sharp said it would happen and saying he would not reverse split GRDO then did just that.
https://twitter.com/WorldwideNFTInc/status/1542208422573113345?t=7SLcQvEEo1lhbtyGF34Bcw&s=19
https://twitter.com/WorldwideNFTInc/status/1560454803364495361?t=sqUXCkVoqVsw7nbXRSthrQ&s=19
https://twitter.com/GeorgeASharp/status/1048291978809565184?t=F-TPPQ4giVLeUic2r1yvnQ&s=19
https://twitter.com/GeorgeASharp/status/1159930847811608576?t=cicXBd6leJzfkkHfZ2Q6WA&s=19
https://twitter.com/GeorgeASharp/status/1323292563416084480?t=HESkaVhSZK3M_BjXYaOcqw&s=19
Mind you that Sharp again said in the above tweet that he would NEVER reverse split any stock he's involved with BEFORE AND AFTER he did just that for GRDO - is that being honest?
GVSI continues to slowly bleed out while people who listen to the pumpers will continue to buy and keep getting deeper and deeper in the hole with their investment because of dilusional and nefarious pumpers keep telling them that GVSI is "going to dollars" and that "a merger is coming," all the while the SEC/FINRA is MIA with it's corporate actions approvals. Sharp kept pumping the name, ticker symbol change and merger for months - so what happened? NOTHING! Again it was all BULLSHIT with no corporate actions approval and the merger failed miserably.
How many times will the remaining Sharp cult need to get swindled by Sharp and the pumpers on this board? It's been happening over and over and over again. At this point you have to question their intelligence.
Straight from the SEC:
https://www.sec.gov/litigation/apdocuments/3-19407-event-2020-05-12-brief-in-support-of-application-for-review.pdf
FINRA's deficiency determination and the Commission's affirmation of FINRA's deficiency determination would have the collateral consequence of preventing GVSI from ever conducting future corporate actions.
The Company’s many shareholders have essentially all lost their investment in the Company.
There is an SEC/FINRA restriction on GVSI's corporate actions and a FINRA Notice of Deficiency issued to GVSI that can't be fixed because Sharp already said he can't audit GVSI's financials. So GVSI won't be able to recover from the steep decline in price and accumulation from the last year.
GVSI failed to get registered with the SEC since it had to withdraw its Form 10 registration statement...
https://www.sec.gov/Archives/edgar/data/1068618/000149315221029704/formrw.htm
Please be advised that Good Vibrations Shoes, Inc. (the “Company”) hereby respectfully requests withdrawal of the above-mentioned Registration Statement pursuant to Rule 477 of Regulation C promulgated by the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended. The Registration Statement was originally filed on September 27, 2021.
The Form 10 registration was never refiled like Sharp said he would three Decembers ago.
...and Sharp said he couldn't audit GVSI's financials.
https://twitter.com/GeorgeASharp/status/1622941929762615296?t=VGP9W25CxtdBcdTFRyWFBg&s=19
The SEC has already put a restriction on GVSI's corporate actions such as a reverse merger because of its missing audited financials from 2008 through 2013. Audited financials that Sharp has already said he can't produce.
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
FINRA has already affirmed GVSI's deficiency determination and the SEC has placed a restriction on corporate actions such as a reverse merger.
https://www.sec.gov/litigation/apdocuments/3-19407-event-2020-05-12-brief-in-support-of-application-for-review.pdf
In sum, given the reasons set forth by the FINRA and the DOP in their determinations...the Commission's enforcement of FINRA's denial would effectively terminate the ability of GVSI to operate its business...
FINRA's deficiency determination and the Commission's affirmation of FINRA's deficiency determination would have the collateral consequence of preventing GVSI from ever conducting future 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
The Company’s many shareholders have essentially all lost their investment in the Company.
Heck, the most recent quarterly report, which is a signed and legally binding document, says there is no merger anticipated and that the search hasn't even started yet - no matter what he might post on GVSI's X account (which is not legally binding) and the pumpers post here.
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.
So even the search hasn't begun.
And there is no anticipated merger.
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
And now FINRA is "concerned" about the six years of missing audited financials from 2008 - 2013 that violate FINRA Rule 6490 and will deny any corporate actions again since it denied them before and Sharp has done nothing to fix the problem since the missing financials are still missing.
https://twitter.com/OTCpinkGVSI/status/1729558323119202449?t=lyxxf6o-7YVztHjo1fL8jg&s=19
Three years of pumpers' posts down the drain.
So the above shows there isn't a merger candidate or a merger even anticipated and FINRA has serious concerns about the missing audited financials. But then again, what serious company would merge into such a bloated, problem-plagued shell?
FINRA's "concerns" about the missing financials are the writing on the wall for GVSI.
Again, straight from the SEC documetation concerning GVSI's SEC Administrative proceeding against it:
https://www.sec.gov/litigation/apdocuments/3-19407-2020-09-16-reply-to-finra-opposition-to-the-application-for-good-vibration-shoes.pdf
The Company’s many shareholders have essentially all lost their investment in the Company.
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