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Good Vibrations Shoes Inc (PK)

Good Vibrations Shoes Inc (PK) (GVSI)

0.0035
-0.0004
( -10.26% )

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Key stats and details

Current Price
0.0035
Bid
0.0035
Ask
0.0039
Volume
2,551,654
0.0035 Day's Range 0.0039
0.0014 52 Week Range 0.0081
Market Cap
Previous Close
0.0039
Open
0.0035
Last Trade
50000
@
0.0035
Last Trade Time
13:40:06
Financial Volume
$ 8,989
VWAP
0.003523
Average Volume (3m)
1,617,492
Shares Outstanding
2,117,502,607
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
-
Net Profit
-22k

About Good Vibrations Shoes Inc (PK)

Sector
Chems, Allied Pds-whsl, Nec
Industry
Chems, Allied Pds-whsl, Nec
Headquarters
Las Vegas, Nevada, USA
Founded
-
Good Vibrations Shoes Inc (PK) is listed in the Chems, Allied Pds-whsl sector of the OTCMarkets with ticker GVSI. The last closing price for Good Vibrations Shoes (PK) was $0. Over the last year, Good Vibrations Shoes (PK) shares have traded in a share price range of $ 0.0014 to $ 0.0081.

Good Vibrations Shoes (PK) currently has 2,117,502,607 shares outstanding. The market capitalization of Good Vibrations Shoes (PK) is $8.26 million.

GVSI Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0009-20.45454545450.00440.00460.003514333170.00386973CS
4-0.0025-41.66666666670.0060.0060.003517085000.00451362CS
12-0.0001-2.777777777780.00360.00650.002816174920.00471924CS
26-0.0007-16.66666666670.00420.00810.002820162950.0049192CS
520.0019118.750.00160.00810.001425067590.00344125CS
156-0.0022-38.59649122810.00570.0490.00148554720.01054015CS
2600.003434000.00010.0771.0E-6181771840.01571511CS

GVSI - Frequently Asked Questions (FAQ)

What is the current Good Vibrations Shoes (PK) share price?
The current share price of Good Vibrations Shoes (PK) is $ 0.0035
How many Good Vibrations Shoes (PK) shares are in issue?
Good Vibrations Shoes (PK) has 2,117,502,607 shares in issue
What is the market cap of Good Vibrations Shoes (PK)?
The market capitalisation of Good Vibrations Shoes (PK) is USD 8.26M
What is the 1 year trading range for Good Vibrations Shoes (PK) share price?
Good Vibrations Shoes (PK) has traded in the range of $ 0.0014 to $ 0.0081 during the past year
What is the reporting currency for Good Vibrations Shoes (PK)?
Good Vibrations Shoes (PK) reports financial results in USD
What is the latest annual profit for Good Vibrations Shoes (PK)?
The latest annual profit of Good Vibrations Shoes (PK) is USD -22k
What is the registered address of Good Vibrations Shoes (PK)?
The registered address for Good Vibrations Shoes (PK) is 6707 SPARKS AVE, LAS VEGAS, NEVADA, 89142
Which industry sector does Good Vibrations Shoes (PK) operate in?
Good Vibrations Shoes (PK) operates in the CHEMS, ALLIED PDS-WHSL, NEC sector

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GVSI Discussion

View Posts
OnTrack444 OnTrack444 39 minutes ago
Selling 35's is wild!  OTC normally bottoms out mid summertime historically.....
No value in selling mid year IMO especially since we are waiting on a timeline....   sell now for a loss and risk a wash sale if you buyback in 30 days or less!  Again MAKES NO SENSE!  
Ppl sell EOY December for tax losses not mid year with a potentially crucial timeframe upon us!!  
If the selling at this level continues I will keep adding slowly because this is a NO BRAINER in my books!  
GLTA  
🏦 GVSI
👍 1 👍️ 1
delerious1 delerious1 4 hours ago
This is not good for anyone who cannot tolerate some risk...best look elsewhere
👍 2
Starlost Starlost 4 hours ago
Is it a good time to buy? Is this going anywhere?
👍️0
surfkast surfkast 8 hours ago
I believe he is quiet because the FEDS are watching. Lots of proof of recent years scamming starting with TSNP.
(Going fishing!)
👍️0
Hi_Lo Hi_Lo 10 hours ago
lol trash George Sharp on the GVSI board but praise Sharp on the WNFT board. What a db

You're just pissed off because BCAP, one of your main bottom feeding .0001 pump and dumps that I've been warning everyone about just tanked to 0.000001 (-99.00% OUCH!!!) and now you're trapped with egg on your face to go along with your CIVX pump and dump disaster recently.

And your GVSI pump and dump's ever diminishing returns.

LOL!!!

Pumpers keep trying to connect GVSI to TSNP when there is no connection, but even if there was, they never mention this about Sharp's role in TSNP:

https://g.co/gemini/share/0e74b648329a

Gemini

Created with 2.5 Flash June 16, 2025 at 02:53 PM Published June 16, 2025 at 02:53 PM

Is George Sharp being sued for his role in TSNP? What specifically is he being sued for?

Yes, George Sharp is being sued for his role in TSNP (which was later renamed HUMBL, Inc.).
Specifically, he is a defendant in a federal securities class action lawsuit. The allegations against HUMBL (including George Sharp as a Capital Markets Advisor and former advisor) include:
• Making materially false and misleading statements regarding the company's business and operations.
• Failing to disclose crucial information, such as the HUMBL Pay App lacking basic promised functionality and that several hyped international business partnerships had a very low chance of contributing material revenues.
• These actions allegedly led to artificially inflated stock prices, causing significant losses for investors when the truth was revealed.
The class action covers persons and entities who purchased or acquired HUMBL common stock and/or unregistered HUMBL ETX securities between November 21, 2020, and the filing of the action.

Sounds very similar as to what Sharp is doing with GVSI - especially last years fake merger pump and dump.

Sharp lied to shareholders about the scam GVSI "merger" last year where Sharp pumped the fake "merger," pumped "candidates," never filed the appropriate paperwork with the SEC and FINRA, dumped his 20 million GVSI common shares right before he let news out about the failed merger, then lied that he was never issued the 20 million GVSI common shares that he dumped and then blamed shareholders for the failed merger.

A classic pump and dump similar to what was outlined by Hindenburg Research concerning Sharp's lies, gaslighting and his massive dilutuve pump and dump with HMBL which he's being sued for.

https://www.wpri.com/business/press-releases/globenewswire/8547172/investor-alert-scottscott-attorneys-at-law-llp-files-securities-class-action-against-humbl-llc-humbl-its-executive-officers-and-insiders/

NEW YORK, May 20, 2022 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, announces that it has filed a class action lawsuit against Defendants HUMBL LLC (OTC:HMBL) (“HUMBL” or the “Company”), its Chief Executive Officer, Brian Foote, its Chief Financial Officer, Jeffrey Hinshaw, and its Capital Markets Advisor, George Sharp (together with HUMBL, the “Defendants”).
👍️0
surfkast surfkast 20 hours ago
I believe if George has 1/2 a brain cell he will P/R that he filed a Form 10. It does not mean FINRA will process it. But it will give him and his pals an opportunity to dump shares.
❇️ 1
Major Profits Major Profits 21 hours ago
Interesting to see the PPS tanking when supposedly we should see news any day now. George never said July.
From "Google AI":
Search Labs | AI Overview
"Mid 2025" refers to the middle portion of the year 2025. Generally, this encompasses the months of May, June, July, and August. This is based on dividing the year into thirds: early (January-April), mid (May-August), and late (September-December).
I'm thinking early August, but only because I've got my hopes dashed enough here already so I'll go with the longest possible time (but will be pleasantly surprised if we get something sooner than that.)

What do you think he'll tweet about next? Form 10? Hmmm, perhaps a tweet saying he has nothing yet but wait until "mid-2026"?

Frankly, I think the even the "pumpers" HOPIUM levels aren't what they used to be either but they'll put on a happy face regardless, no matter how many more years it might take.

❇️ 1
delerious1 delerious1 1 day ago
GSharp companies like GVSI are very volatile and have popped on tweets/news a few times already
GS has said that he wants to retire soon and would likely want to do so with success.
GS has over 43,000 followers on ❌️ that show up whenever there is good news.
The markets are setting up for a good run now and for the next few months.
OTCID is coming and my guess, with better market Depth.

American Blockchain
Perfect Storm
👍 2
Major Profits Major Profits 1 day ago
"Looks like a little blip when you crunch it into a 8 year chart..nice bit of misdirection......LMAO"
Nowadays, when I come across something that I wonder "WTF are they talking about?", I Google it for the hell of it.
mis·di·rec·tion
1.
the action or process of directing someone to the wrong place or in the wrong direction.
"the deliberate misdirection that had put me off the track"
the wrong or inappropriate use or application of something.
"the misdirection of government funding"
Okay, so what does my showing the HMBL "Max" chart have to do with "misdirection"? Yes, I'm genuinely interested in your explanation about that. TIA

Anyhow, here you go. From Yahoo Financie Historical Data.

https://finance.yahoo.com/quote/HMBL/history/?period1=1072189800&period2=1750033215

HMBL:
12/9/19=.0004

https://www.globenewswire.com/news-release/2020/12/09/2142305/0/en/HUMBL-Completes-Merger-with-Tesoro-Enterprises-Inc-Sells-Warrants-with-Provision-for-50-Million-In-Funding.html
12/9/20=$1.0240

https://www.globenewswire.com/news-release/2021/02/25/2182875/0/en/HUMBL-Inc-Completes-Corporate-Actions.html
3/26/21=$4.15

9/27/21=.875
3/25/22=.1370
9/15/22=.0408
9/15/23=.0004
6/16/25=currently .00025

$HMBL


❇️ 1
delerious1 delerious1 1 day ago
"I was there, had seen it run from .0005 to .02, I generally don't buy after a run like that, but after some research into George, I bought in at .02. Threw a $1,000 at it and road it all the way up. Pulled out about $30,000. GVSI$$, I have a hell of a lot more than $1,000 worth. First buy in was 2021, it's called patience." Quote
👍 1 😅 1
Major Profits Major Profits 1 day ago
HMBL (again?). It's currently trading at .00025.
I bought tsnp $ high in the Fomo, about $3.70, and then Hmbl came, and that tech start up company had big growing pains, and wiped out my big investment, Forwardly too, wiped out, but still holding, underwater like everyone.[December 26, 2022]
FORW closed at .0222 on 12/27/22 and is currently trading at .0065.

But, yeah, some got rich around TSNP/HMBL merger time. Hmmm, come to think of it, I've read how some people have gotten rich using metal detectors. Maybe some should try that instead?
The Staffordshire Hoard — $5.3 million One day he asked his friend and fellow farmer to dig up his field (metal detecting on private land in the UK requires a permit from the landowner) – and got his permission. Within a few days, Terry discovered more than 5 kg of treasure.
❇️ 1
delerious1 delerious1 1 day ago
"I was in Sharp’s last reverse merger ticker. I bought at .016, it ran to .359, I held almost all of it. It then went to .077, down 80%. I felt stupid, but I stayed the course. It ran to $1.93 and I won, selling shares along the way up." genuine Anonymous Quote

"...reminds me of $HMBL in 2021 which went to $1.97 from .0008 cents … life changing for sure ! When i first discovered it at .02, got in with 500k shares and sold at .34 cents for a $160,000 in profits. "genuine Anonymous Quote

stock naysayers are like voyeurs, living their lies and lives through the experiences here of real retail stock traders....they don't dare do it themselves but prefer to watch and experience the joy of a good trade through others, afraid of getting hurt and fearful of risk to themselves....Peeping Toms

once George Sharp has enough of the process complete and lined up he will start releasing info and there will be a nice runup
👍 2
surfkast surfkast 1 day ago
Interesting to see the PPS tanking when supposedly we should see news any day now. George never said July.
👍️ 1 ❇️ 1
Drugdoctor Drugdoctor 1 day ago
DISMISSED!
👍 3
Hi_Lo Hi_Lo 1 day ago
lol trash George Sharp on the GVSI board but praise Sharp on the WNFT board. What a db
lol pump and trash George Sharp on the same GVSI board. What a db and hypocrite.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173788321

Just Sharp destroying people's lives.
Your hero who is "destroying prople's lives"...is getting sued for his antics at HMBL. Antics that he seems to be repeating with GVSI - Pumping, lies, gaslighting and scams.

More about Sharp's HMBL lies, gaslighting and pump and dumping outlined in detail in the Hindenburg Research's article:

https://hindenburgresearch.com/humbl/

And your hero is being sued for his antics with TSNP/HMBL:

https://www.wpri.com/business/press-releases/globenewswire/8547172/investor-alert-scottscott-attorneys-at-law-llp-files-securities-class-action-against-humbl-llc-humbl-its-executive-officers-and-insiders/

NEW YORK, May 20, 2022 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, announces that it has filed a class action lawsuit against Defendants HUMBL LLC (OTC:HMBL) (“HUMBL” or the “Company”), its Chief Executive Officer, Brian Foote, its Chief Financial Officer, Jeffrey Hinshaw, and its Capital Markets Advisor, George Sharp (together with HUMBL, the “Defendants”).

Similar things seem to be happening here - it just hasn't been disclosed yet.

GVSI, like HMBL, turned out to be another dumpster fire - without the promotional pump and dump run up.

And pumpers NEVER provide documentation for their pumps, they just omit information, lie, deflect, provide endless hopium about GVSI and personal attacks for those disclosing all the negative information concerning this scam..
👎️ 1
delerious1 delerious1 2 days ago
Looks like a little blip when you crunch it into a 8 year chart..nice bit of misdirection......LMAO
👍 1
Major Profits Major Profits 2 days ago
"so a stock going from .0005 to $1.93 in 3 months is a bad thing?"
Actually I think it can be if you're not aware of WHY that happened and think it might keep going higher. Wonder how many thought it'd keep doing just that?

$HMBL


Anyhow, for the hell of it, I checked how many times these have been posted about since 2023:

"sista stock":
https://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardid=11738&searchstr=sista+stock&srchyr=2023

"sister stock":
https://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardid=11738&searchstr=sister+stock&srchyr=2023

Hmmm, maybe it's that Einstein "insanity" thing about doing the same thing over and over again and expecting different results? Well, certainly don't want the same thing that resulted in these comments:
Gotta be a man of my word and admit that the Bashers were right all along. [February 6, 2024]
Just Sharp destroying people's lives. Underwhelming news. Expectations were higher. Yeah we'll be working forever now. [February 6, 2024]
Yes im crying for the morons who fell for the lies . Guess they should have listened to the bashers instead of attacking them .[March 14, 2024]
Congratulations loser . First post of the day and already 2 posts in . Love the desperation ! Clown lmfao [March 17, 2024]
It does seem like some are desperate though.

But everything seemed so great at the time. The OPTIMISM!!
I have today's chart on one of my monitors ...it's a thing of beauty....let's hope it's higher hi's and higher lows from now on ....sorta like our sista stock when it had it's time [January 31, 2024]
Then just four trading days after that, the first tanking of two:



Maybe when a chart looks like a "thing of beauty" it might be time to sell (at least some) and not HOLD AND HOPE for more.

Anyhow, I actually miss this poster as I thought he was pretty much spot on with many of his posts:
You poor stupid clown . Whining all day on a message board about bashers . Bashers have nothing to do with your losing investment. You bought stock in zero asset share bloated pig . Then pumped the "sister stock " relentlessly. When even George said that was nothing but a pump and dump . Also why he is a defendent in the class action fraud lawsuit of your "sister stock"
You deserve everything you get . To stupid to be in charge of real money .[March 16, 2024]
👍️

❇️ 1
Lime Time Lime Time 2 days ago
lol trash George Sharp on the GVSI board but praise Sharp on the WNFT board. What a db
👍️ 3 😎 1 🚀 2
delerious1 delerious1 2 days ago
so a stock going from .0005 to $1.93 in 3 months is a bad thing?
👍 2 💀 1
Hi_Lo Hi_Lo 2 days ago
".....TSNP/HMBL which has absolutely nothing to do with GVSI....."

What a silly thing to say...and by a WNFT pumper too...isn't that a GS stock??

Sharp is CEO of GVSI. Please tell us what is George Sharp's current role with HMBL?

Then tell us what HMBL has to do with GVSI?

Even if it was the same CEO, which they don't have, it still wouldn't mean the companies have anything to do with each other.

by a WNFT pumper

Show me where I have pumped WNFT? I think WNFT wll win the Calasse court case. That's hardly pumping.

What YOU do is pumping, you hypocrite.

And Sharp has lied to shareholders across the board with HMBL, GVSI and WNFT.

All the HMBL lies have been outlined in detail in the Hindenburg Research's article:

https://hindenburgresearch.com/humbl/

Sharp lied to shareholders about the scam GVSI "merger" last year where Sharp pumped the fake "merger," pumped "candidates," never filed the appropriate paperwork with the SEC and FINRA, dumped his 20 million GVSI common shares right before he let news out about the failed merger, then lied that he was never issued the 20 million GVSI common shares that he dumped and then blamed shareholders for the failed merger.

A classic pump and dump similar to what was outlined by Hindenburg Research concerning Sharp's lies, gaslighting and his massive dilutuve pump and dump with HMBL which he's being sued for.

And as far as WNFT, Sharp pumped and lied to shareholders by saying that WNFT had "reached the promised land" right before the stock tanked because of the Calasse appeal (an appeal that Sharp knew would happen and shareholders didn't when he said the "promised land" statement before it was made public):"

$WNFT reaches the promised land, after shedding its $GOFF persona.

The company will address its shareholders next week in a press release. Please do not rely on other peoples' assumptions. Only rely on the filings and statements made by the company.

Have a good long weekend.— Worldwide NFT (@WorldwideNFTInc) June 29, 2022

$WNFT reaches the promised land.

1:08 PM · Jun 29, 2022

More Sharp WNFT lies:

The mandatory settlement conference did not yield an agreement with Calasse, however we anticipate that $WNFT will proceed with a business plan over the next several weeks which will include an acquisition(s). This statement should not be construed as a guarantee for success.— Worldwide NFT (@WorldwideNFTInc) August 19, 2022

The mandatory settlement conference did not yield an agreement with Calasse, however we anticipate that $WNFT will proceed with a business plan over the next several weeks which will include an acquisition(s). This statement should not be construed as a guarantee for success.

9:33 PM · Aug 18, 2022

No "business plan over the next several weeks which will include an acquisition(s)" ever happened.

More GRDO/TSNP/HMBL Sharp lies when he said he would not reverse split GRDO then did just that.

There will be no reverse split, dilution or toxic debt taken on so long as I am involved with $GRDO. Update filings will reflect a zero balance sheet. PRs are forthcoming.— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) October 5, 2018

There will be no reverse split, dilution or toxic debt taken on so long as I am involved with $GRDO. Update filings will reflect a zero balance sheet. PRs are forthcoming.

2:20 PM · Oct 5, 2018

I regret giving the impression that $GRDO would not r/s, but unfortunately, it was the only way to get things done. Why would the shareholders want as much as 800 million shares in dead certificates? The only purpose that serves is to make it more expensive to raise money.— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) August 9, 2019

I regret giving the impression that $GRDO would not r/s, but unfortunately, it was the only way to get things done. Why would the shareholders want as much as 800 million shares in dead certificates? The only purpose that serves is to make it more expensive to raise money.

I will never be involved with a company that wipes out the shareholders through a reverse split. $FORW $TSNP— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) November 2, 2020

I will never be involved with a company that wipes out the shareholders through a reverse split. $FORW $TSNP

9:55 AM · Nov 2, 2020

Mind you that Sharp again said in the above tweet that he would NEVER reverse split any stock he's involved with AFTER he did just that for GRDO - is that being honest?

All Sharp lies.

So 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 all of Sharp's lies that are detailed above, especially the last catastrophic fake merger.
👍️0
Major Profits Major Profits 3 days ago
My bad? Thinking about it, I might have actually misread your reply to HL! My apology if I did. Just getting confused with you mentioning "sister stock" as often as you do and not mentioning the actual ticker symbol or name of the company you are talking about. So what ticker are you referring to as our "sister stock" in this post?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176320047

Here's the exchange. You said:
looking at our sister stock and that journey....there were days when it dropped 49 % , days when it dropped 37%.....and days when it rose 112% in 1 day....some days were up 250%, 161%, 107%
HL replied:
You are talking about TSNP/HMBL which has absolutely nothing to do with GVSI, happened more than four years ago, is currently at 0.0003 and Sharp is being sued for his antics with that stock.
You replied:
What a silly thing to say...and by a WNFT pumper too...isn't that a GS stock??
I, too, was thinking you were talking about "TSNP/HMBL" and I was thinking you were asking if HMBL was " a GS stock", not if WNFT was, which is obvious. Frankly, I dunno how, nor why, WNFT entered the discussion unless you were originally posting about WNFT to begin with and referring to WNFT as our "sister stock". Was that it?

But, no matter, as none of them seem to be our "sister company" (or "sister stock"). Well, at least that's how I read this:
Search Labs | AI Overview
...Sister companies are distinct legal entities that share a common parent company. Think of it like this: if you visualize a corporate organizational chart, sister companies are on the same horizontal level, branching out from the same parent or holding company.
So, for the future, what companies would you consider to be "our sister stock", in case you fail to mention the actually name of it or its ticker symbol.

TIA

P.S. No, I do not think of GS as our "parent company".

FOUR YEARS!! WHERE'S THE ASSETS??
❇️ 1
Morita702 Morita702 3 days ago
IN!
👍️ 2 🚀 2
delerious1 delerious1 3 days ago
Here ya go





Paulie's Pixel Palace
👍 1
Major Profits Major Profits 3 days ago
Actually, thinking about it, maybe I should have said it was your "partial" reply, just didn't think I had to. Not sure what I'll do next time.
❇️ 1
Major Profits Major Profits 3 days ago
"Now you're down to misquoting me....."
I don't believe I misquoted you.
mis·quote
(a person or a piece of written or spoken text) inaccurately.
Oh wait! Was I supposed to quote everything you said and not just the part I wanted to answer? Like this?
Now you're down to misquoting me.....the reply was "What a silly thing to say...and by a WNFT pumper too...isn't that a GS stock??" not "isn't that a GS stock?
Nah, don't have to, but most people who write a lot know that, or should.
Search Labs | AI Overview
No, you don't always have to quote the whole sentence when replying to questions. You can quote just the relevant part of a sentence, or even a phrase, as long as it's clear what you're quoting and it effectively answers the question.
So I answered the "relevant" part first (the question):
"isn't that a GS stock?"
and left your two STATEMENTS (one being the ad hominem attack), regarding that other poster, for the end.
"What a silly thing to say...and by a WNFT pumper too...
There's also this from "Google AI":
Search Labs | AI Overview
In writing, three dots ( ... ) represent an ellipsis, which signifies the omission of words from a quotation or indicates a pause or hesitation in a thought. It can also suggest a trailing off or incomplete thought.
You separated your thoughts, I separated my replies.

But it's okay, I get it. You, yet again, avoided answering any questions posed to you. It's what you do.

More from "Google AI":
Search Labs | AI Overview
When someone continually avoids answering questions by changing the subject, it's often referred to as deflection, evasion, or question dodging. This behavior is a way to avoid confronting the original question or its implications, sometimes to shift blame, avoid responsibility, or simply because they are uncomfortable with the topic.
Deflection1. 🤣
............
❇️ 1
delerious1 delerious1 3 days ago
Now you're down to misquoting me.....the reply was "What a silly thing to say...and by a WNFT pumper too...isn't that a GS stock??" not "isn't that a GS stock??
👍 2 👎️ 1
Major Profits Major Profits 3 days ago
The statement was this:
".....TSNP/HMBL which has absolutely nothing to do with GVSI....."
And you replied with this:
"isn't that a GS stock??
A "GS stock"? Well, GS might still be their consultant, might still own shares of it and he did "orchestrate a lightening-speed merger" of TSNP/HMBL but what does that have to do with GVSI? (I read that GS owns shares of TSLA so does that make it a "GS stock" or our "sister stock" also?) Anyhow, I think the issue is about you saying that HMBL is our "sister stock". Okay, so how is HMBL our "sister stock"?
Search Labs | AI Overview
A "sister stock" is not a standard financial term. It's likely used informally to refer to the stocks of sister companies, which are different companies that share the same parent company. While these companies operate independently with their own brand and personnel, they are all ultimately owned and controlled by the same parent entity
Oh wait, by replying with "isn't that a GS stock" a "straw man argument"?
A straw man argument is a fallacy where one person misrepresents another person's argument to make it easier to attack, essentially creating a "straw man" that is easier to defeat than the original, real argument.
Frankly, I have no problem with anything GS-related being discussed here, which would include posts about his horses and horse racing, it's just I don't believe HMBL to be our "sister stock" as you keep referring to it as.
Search Labs | AI Overview
A lie of omission, also known as lying by omission, occurs when someone deceives by withholding crucial information, rather than making a false statement. It's a form of deception where a person intentionally leaves out key facts to create a false impression, even if their direct statements are technically true.
What a silly thing to say...and by a WNFT pumper too..
Can't resist them ad hominem attacks huh?

FOUR YEARS!! WHERE'S THE ASSETS??
👍️0
delerious1 delerious1 3 days ago
".....TSNP/HMBL which has absolutely nothing to do with GVSI....." What a silly thing to say...and by a WNFT pumper too...isn't that a GS stock??
👍️ 2 💯 1
Hi_Lo Hi_Lo 3 days ago
looking at our sister stock and that journey....there were days when it dropped 49 % , days when it dropped 37%.....and days when it rose 112% in 1 day....some days were up 250%, 161%, 107%
You are talking about TSNP/HMBL which has absolutely nothing to do with GVSI, happened more than four years ago, is currently at 0.0003 and Sharp is being sued for his antics with that stock.

https://www.globenewswire.com/news-release/2022/05/20/2447888/0/en/INVESTOR-ALERT-Scott-Scott-Attorneys-at-Law-LLP-Files-Securities-Class-Action-Against-Humbl-LLC-HUMBL-its-Executive-Officers-and-Insiders.html



INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Files Securities Class Action Against Humbl, LLC (HUMBL), its Executive Officers, and Insiders
May 20, 2022 13:44 ET
Source: Scott+Scott Attorneys at Law LLP

NEW YORK, May 20, 2022 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, announces that it has filed a class action lawsuit against Defendants HUMBL LLC (OTC:HMBL) (“HUMBL” or the “Company”), its Chief Executive Officer, Brian Foote, its Chief Financial Officer, Jeffrey Hinshaw, and its Capital Markets Advisor, George Sharp (together with HUMBL, the “Defendants”).
https://dockets.justia.com/docket/delaware/dedce/1:2023cv00743/83009

So there's that. And why aren't there huge gains for GVSI after four years if it's so similar? Last I checked GVSI is at 0.0042 and on a downward trend.

More on why Sharp is being sued for the "sister stock"

Sharp lying to and gaslighting investors, hiding important information from investors and stringing investors along with fraudulent pumps while he enriches himself (and insiders), just like he's doing here with GVSI. Remember Sharp dumped his 20 million GVSI common shares after he pumped the merger and "candidates" then dumped his 20 million GVSI common shares right before posting that the merger failed - a merger where he never filled out the appropriate paperwork with FINRA/SEC and then lied by saying he was never issued the shares and then blamed thw merger failure on shareholders when the stock tanked.

Hindenburg Research has a long history of exposing scams and scammers like Sharp using forensic financial research. It has been written up by the Economist and referenced by the SEC in their investigations.

https://hindenburgresearch.com/about-us/

https://hindenburgresearch.com/humbl/

Hindenburg Research

HUMBL: Illusions of Grandeur, Collapsing International Deals, And Lurking Dilution

Published on May 20, 2021

• HUMBL is an early-stage fintech company with a $5.6 billion fully diluted market cap that recently reverse-merged onto the OTC. It ended its most recent quarter with ~$156,000 in revenue and currently has ~$4.5 million in cash. It had zero revenue in 2020.

• The company aspires to be an Amazon or Alipay, imagining that it will facilitate payments to billions of people around the world by transcending borders and lowering costs using blockchain technology.  

• Our research shows the company has failed to deliver on even the most basic aspects of its business plan, including features it claimed were completed months ago. Six months after going public, its users can’t send or receive money on its “payment” app, let alone engage in low cost, cross-border crypto currency transactions.

• The vast majority of merchants appearing on HUMBL’s “Pay” platform don’t accept HUMBL Pay. Some didn’t even know they were on the platform and had never heard of HUMBL when we spoke with them.

• Despite HUMBL’s claims of disrupting the payments business, HUMBL uses another payment processor, Stripe, to support the few merchants on its platform who are accepting payments.

• We found that international deals announced over the last year – a key source of the company’s perceived legitimacy – never got off the ground or have quietly collapsed behind the scenes.

• For example, a partnership announced more than a year ago to bring HUMBL to Africa never got beyond the press release stage, according to an executive at its planned partner.

• A landmark $15.6 million deal to sell rights to HUMBL’s business in 15 countries in Oceania, including Australia and Tonga, collapsed. We found the partner for this major planned deal has no presence beyond a local entity filing, and operates out of a small residence.

• A deal to expand into India has been sidelined by COVID and regulations that prevent merchants from charging for digital payments, per HUMBL’s planned deal partner.

• An investment by a Singaporean company into HUMBL’s Asia business hasn’t resulted in any specific initiatives 6 months later, though directors at the company received shares valued at ~$14 million.

• HUMBL’s expansion into Mexico, where HUMBL’s CEO boasted of recruiting 300 merchants in 3 days, has only 2 merchants listed as accepting payments. Even those two told us they aren’t currently accepting HUMBL payments; the business in Mexico is on hold pending changes to the platform, according to a local merchant working with the company.

• Meanwhile, amidst these grand plans, HUMBL quietly issued preferred shares convertible into 5.54 billion common shares to insiders and family members, setting retail investors up for total annihilation when those shares unlock and become available for sale.

• The strategy was orchestrated in part by the company’s financial advisor and a major warrant holder, George Sharp, who gaslit investors following revelations of the issuance, later saying details on corporate action were withheld so as not to create “mass panic” and to save investors from themselves.

• Over the weekend, Sharp, who had made his account private days before, announced on Twitter that he was parting ways with HUMBL, leaving public shareholders little to show for these massive giveaways to insiders except ever-more grandiose plans that appear stuck at the vapor stage.

• HUMBL’s CEO, Brian Foote, responded to investor backlash by tweeting that he won’t convert his personal holdings of preferred shares until at least the end of 2022. He did not, however, offer the same assurances regarding 3 billion other shares, including those held by his family’s trust.

• In the past year, faith-based go-public transactions such as HUMBL have brought the investing public an endless parade of risky companies that boast of all the things they will someday revolutionize. Meanwhile, while investors are strung along by hope, and lulled into looking the other way, they face a literal reality of billions of shares becoming available to convert and sell.

Initial Disclosure: After extensive research, we have taken a short position in shares of HUMBL, Inc. This report represents our opinion, and we encourage every reader to do their own due diligence. Please see our full disclaimer at the bottom of the report.

Introduction

HUMBL says its mission is to help companies and businesses “rapidly migrate to the digital economy” through the blockchain.

In its go-public presentation, HUMBL CEO Brian Foote described his vision with a slide that compared HUMBL’s role in the development of the internet to that of Apple and Amazon.

The fledgling San Diego-based company already has 3 divisions, each with broad plans to revolutionize various digital economies:

• HUMBL Pay, which plans to rival Alipay and major payment processors, facilitating everything from payments to street merchants in Mexico to worker remittances in Tonga.

• HUMBL Marketplace, which plans to rival eCommerce giants by “allow(ing) consumers and merchants to connect more seamlessly in the digital economy.” It hosts several merchant stores that sell mostly handmade products like soap, pet beds, and jewelry and plans to offer sports and entertainment NFTs and digital tokens to track the authenticity of goods on its platform.

• HUMBL Financial, which aims to provide “simplified investing on the blockchain” and currently offers indices that create allocations for crypto portfolios.

Despite its ambitious plans, the company finished its recent March quarter with just ~$156,000 in revenue and a ~$1.4 million loss. [Pg. 22] It pays $3,250 per month to operate out of its WeWork office space and currently has ~$4.5 million in cash from recent sales of stock and warrants.

The company closed out 2020 with no revenue and a $713,000 net loss, according to its annual report.  

HUMBL went public after announcing a reverse merger deal in November, where it merged with a dormant flooring products business.

Shortly thereafter, the company’s market value peaked at about $50 billion on a fully diluted basis on the back of extreme blockchain enthusiasm among its OTC investor base.

After reviewing corporate filings and legal documents for HUMBL and various HUMBL-affiliated companies, and interviewing numerous former associates, business partners, and merchants, we believe that HUMBL is little more than a preliminary-stage startup propped up by techno-babble.

Currently, despite its penny stock status, HUMBL’s fully diluted market value stands at about $5.6 billion, making it one of the most overvalued illusions in the stock market today

Part I: HUMBL’s Opaque Transition To A Public Company

HUMBL announced a reverse merger with Tesoro Enterprises, Inc. on November 12th 2020, marking the beginning of its entrance onto the OTC Markets. The merger closed on December 3rd, 2020. [Pg. 2]

HUMBL Deal Is “Going to Bring Credibility Finally to the OTC”, Promoter Told HUMBL Investors

But HUMBL Shareholders Weren’t Told That Insiders Were To Be Issued Preferred Shares Convertible Into ~5.54 Billion Common Shares Until Over 4 Months Later

The HUMBL deal was shepherded by OTC investor George Sharp, who described himself during HUMBL’s debut webcast on December 9th as “an advocate for shareholder rights and honesty in the OTC.” [00:15] 

“I’m not easily impressed, but I was blown apart,” Sharp said about his introduction to HUMBL…This deal is going to bring credibility finally to the OTC.” [1:58, 2:45]

Right out of the gate, shareholders were left in the dark on a critical investment consideration—the number of actual fully diluted shares outstanding. This, of course, is key to understanding how much of the enterprise they actually would own and the company’s valuation.

The November press release announcing the deal was short on details, saying simply that HUMBL CEO Brian Foote had acquired “the control block of voting shares” and “a significant number of common shares.”

Rather Than Informing Its Shareholders That 5.54 Billion New Shares Would Be Created, HUMBL Issued 2 Press Releases Shortly After the Deal That Signaled Its Share Count Was Decreasing.

The Stock Soared ~91% On the “Good News”

The day after the merger announcement, the company (still named Tesoro at the time) issued a press release stating that CEO Brian Foote had retired 551 million shares without consideration, lowering the overall share count.  

This “good news” of the CEO voluntarily tightening the share count sent HUMBL shares spiking 91% from the prior day. 

Four days later, on November 17, the company announced that Foote had locked up an additional 318 million shares, yet again signaling that the CEO was actively removing shares from the overall share count.

The press release tallied the total reduction in shares, reiterating the notion that Foote was focused on constraining the share count:

“Upon completion of the conversion, Tesoro’s issued and outstanding number of common shares will have been reduced by over 860 million shares since Mr. Foote became President of Tesoro.” 

It also included this reassuring statement, highlighting the expectation that there would be no new shares outstanding in 2021, an assertion that would later prove highly misleading:  

“The company does not anticipate that the number of common shares outstanding will increase during the remainder of 2020 and throughout 2021.” 

HUMBL’s Fully Diluted Market Valuation Hit $50 Billion At One Point, (Greater Than The Market Cap of Twitter) Without Its Regular Shareholders Even Realizing

On February 25th, The Company Announced A Reverse Split. Rather Than Taking the Opportunity to Inform Investors About Its Billions of Shares of Latent Dilution, Promoter George Sharp Told Investors “If You’re Worried About Dilution, Don’t Be”.

By early February, HUMBL’s stock soared to highs of $7.72 as the broader market rallied along with everything crypto. Its investors still had no idea that its fully diluted market cap had just reached ~$50 billion, putting it on par with Twitter.

On February 25, HUMBL announced that FINRA had processed its planned corporate actions including its share issuances and a 4-to-1 reverse stock split.

In the press release, HUMBL COO Jeffrey Hinshaw said one of the reasons for the move was to “pinpoint the true value of the common shares”. Yet at the time, HUMBL did not provide specifics on its massively dilutive preferred shares, making such precision impossible.

The next day, promoter George Sharp fielded questions from concerned shareholders about the corporate action, assuaging those who were concerned about potential dilution: “If you’re worried about dilution, don’t be.” [9:30]

On the same call, Sharp told investors he was simply doing them a favor by being opaque about the company’s corporate actions, such as the surprise reverse stock split announced at the same time:

“I made the conscious decision that we were not going to tell you and I’ll tell you why: it would have created mass panic…I don’t want to sound like I’m your mother, but we saved a lot of you from yourselves here.”  [9:55]

HUMBL Filed its Annual Report On April 14th, Disclosing For The First Time (And 4 Months After the Deal Closed) That New Preferred Shares Issued to Insiders Can Convert Into Over 5.5 Billion Shares, Beginning December 2021

It wasn’t until April 14 that shareholders learned the details of the reverse-merger.

The company’s delayed annual report revealed that HUMBL outstanding common stock, on a fully diluted basis, had actually increased by more than 600%, from 974 million shares to 6.5 billion shares.

Specifically, HUMBL’s 552,522 Series B Preferred Shares are eligible for conversion at a rate of 10,000-to-1, into 5,525,220,000 shares of common stock, as soon as December 3, 2021. [Pg. 31] That number then increased in the latest quarterly filing by another ~18 million shares to ~5.54 billion total. [Pg. 3]

HUMBL’s long silence around the dilution stood in sharp contrast to the 2 announcements it made in November regarding the reduction of common stock. It also represented a total about-face from its statement that it did not anticipate an increase in common shares outstanding in 2021.

Facing Criticism From Investors on the Dilution Surprise, HUMBL’s CEO Foote Tweeted That He Wouldn’t Sell Any Of His Personal Shares Until The End of 2022 

No Assurances Were Made Regarding the Other 3 Billion Shares, Including Those Held By Foote’s Family And Deal Partners

Following the disclosure, HUMBL’s stock price began to drop as some investors wised up to the latent dilution.

In an effort to quell the panic, HUMBL’s CEO responded by tweeting that he would not sell his “personal shares” until the end of 2022.

Foote appeared to be referencing the preferred shares issued to his entity, 30 Block LLC, which holds 2,497,070,000 common shares on an as-converted basis (45% of the total). [Pg. 4] 

Foote said nothing, however, about the 335,610,000 shares, on an as-converted basis, held by The Stephen L. and Sandra M. Foote Revocable Trust. [Pg. 5]   Based on background checks, Stephen and Sandra appear to be Brian’s parents. The HUMBL holdings in their trust are worth $292 million based on current prices. 

There are also no assurances about the other 3,028,130,000 shares that unlock on December 3, either, which represent ~$2.6 billion worth of stock at current market prices. [Pg. 9]

That latent dilution represents a ticking time bomb for a stock that currently trades about $15 million in volume per day.  

Promoter Further Gaslights HUMBL Investors By Making Light Of Extraordinary Dilution Risk, Telling Them They Ought To Sell Their Shares If They Really Think Insiders Are Going To Dump Them At Year End

Promoter George Sharp also responded on Twitter to the backlash following HUMBL’s disclosure, telling shareholders to sell if they think 6 billion new shares will suddenly appear. 

This strikes us as classic gaslighting. To respond to Sharp, about 3 billion shares will suddenly become available for sale in December.

Sharp also chastised investors for not recognizing that insiders had earned these shares. The following individuals now have shares, on an as-converted basis, with the following current valuations: 

Brian Foote, CEO of HMBL: $2.2 billion [Pg. 4]

Mark Grado, consultant for HUMBL and Block 30: $488 million [Pg. 5]

Jeffrey Hinshaw, Co-founder and COO of HUMBL: $353 million [Pg.5]

Michele Rivera, Global Partners and Team Lead at HUMBL: $250 million [Pg. 5]

Sharp has done extraordinarily well too. He parlayed his $200,000 investment in HUMBL into an investment valued at around $394 million as of March 9, according to his company Forwardly Inc.’s annual report. [Pg. 20 -21]

Now we examine whether HUMBL’s achievements to date have warranted anything resembling its current valuation. 

Part II:  HUMBL’s Hollow “Launch”

On April 16, the HUMBL Pay app launched in the US, Canada, Mexico, Australia, Singapore, and New Zealand.   

Investors had been hotly anticipating this moment – and perhaps some clarification – since HUMBL’s CEO Brian Foote first described the business with buzzword-laden detail in his earlier December update.

Foote has offered the following descriptions of the business:

• “a mobile app in a limited sandbox” 

• “an elastic layer of Web Three that moves seamlessly across borders” 

• “a silo-buster” that “curates channels” 

• a “Synthetic continuum” that offers “an immersible experience” on a consumer’s “happy path”

Vertical #1—HUMBL Pay App: In A December Investor Call, CEO Foote Explained The Features Built “Right Now”, Which Included Sending And Receiving Money

Halfway through the December call, Foote cut to a slide summarizing all the app’s working features: “O.K. I’m a shareholder. What do you guys have built right now?”   [Dec. 9 Call – 25:22] 

Foote explained: 

“Right now, in the barn, we have – send money, request money, receive money, exchange money, stable coins.” 

Four Months Later, Those Basic Features Weren’t Functioning At Launch

On April 16, two months behind schedule, HUMBL launched HUMBL Pay, described as “a new way to connect, share and pay around the world.”

Yet we found through our testing that there is no way to send, receive, or request money between users or to even know which users are on the platform.

This becomes clear when attempting to search for the company’s most popular user. Among those helping generate excitement about the HUMBL launch was Nick Carter, former lead member of the 1990s hit boy band The Backstreet Boys. 

Carter told his nearly 675,000 Twitter followers that he’d signed up for HUMBL Pay and displayed a screen shot of his username. 

But when we tested the system, we found it didn’t recognize individual users – not even Nick Carter.

Futhermore, there is no indication that users can do anything with stablecoins. All told, the consumer features that Foote claimed to be functional 4 months earlier don’t seem to work.

Despite The Shortcomings Of The HUMBL Pay App, It Immediately Received Rave Reviews On The Apple Store, Suggesting Attempts To Alter Perceptions About The Launch

The Number of New Reviews Has Tapered Off to Nearly Zero, Indicating a Sharp Drop-Off In Interest

One would expect that buzz around a popular ‘paradigm shifting’ app would lead to an increase in users, popularity, and reviews over time.

Given the limitations of HUMBL Pay, the company seems to have experienced the opposite. The app had a few days of rave reviews followed by a complete collapse, trickling off to zero new reviews less than 2 weeks after launch.

Additionally, despite the lack of functioning features, a flood of 5-star reviews posted to the Apple Store didn’t line up with reality, suggesting a concerted effort to alter perceptions around the app and its launch.

A typical review praised the app’s ability to “send money back and forth between family and friends” – something HUMBL Pay clearly couldn’t do.  

Another reviewer claimed to be deleting PayPal, Venmo, and Etsy as HUMBL does everything those apps do – another blatantly untrue statement.

We Sampled Merchants Listed On the App And Found That Only About 5% Were Set Up To Take Payments 

Several We Spoke With Didn’t Know How They Got Listed On The Platform

HUMBL also launched features for merchants. The press release announcing the launch of HUMBL Pay explained that users would be able to “discover merchants; as well as pay, tip, rate and review those same merchants in contactless transactions.”  

But Step 1, discovering merchants, was a problem. Almost all of the merchants appeared to be in San Diego or NYC. And, searches for a region, say NYC, pulled up inaccurate listings, including merchants in Kansas City and Detroit.

Even after successfully locating a merchant on the system, we found there’s a good chance they don’t accept HUMBL. We reviewed 200 merchant listings on HUMBL Pay and found just 9 merchants out of those 200 who were identified as taking payments via the app. 

Partial List of merchants downloaded from the HUMBL Pay app 

We called numerous HUMBL Pay-listed merchants to ask if they take HUMBL payments. Here’s what a sample told us: 

• Doughnut Plant, NYC: “Never heard of it.” “We use Level Up.”

• Barleymash, San Diego: “I doubt we take it because I’ve never heard of it.”

• Los Tacos No. 1, NYC: “We take Apple Pay and Samsung Pay – that’s it.”

• A salesman at Hudson Toyota in Jersey City said he’d need to run it by his manager and called back to explain: “We looked into it and they allow customers to pay with crypto currencies so we wouldn’t be able to accept it.”

So how did all these businesses end up on the platform? 

On the day of the launch, Foote had posted on Twitter, encouraging people to “populate” the app with “ratings, reviews, installs.” 

As a result, HUMBL Pay may have been populated with hundreds or even thousands of merchants who didn’t enter their own information into the app and don’t even know what it is.

In HUMBL’s Q1 filing, the company stated that it had 13,000 “merchant accounts” on its platform. It appears the company is including in that metric vast numbers of merchants who have never heard of the company let alone use its payment services. [P. 39]

When we reached out to one of the 9 merchants actually accepting HUMBL payments — Derrick’s Personalized Exercise in the NYC area — Derrick told us that he already accepted PayPal and credit cards. He said he added HUMBL Pay because he is a HUMBL shareholder: “I thought I’d go all in.”

All told, organic actual demand seems rather thin.

Vertical #2—HUMBL Marketplace: There are Only 23 Merchants On HUMBL’s Shopify-Like Service

One We Spoke With Gave A Glowing Review, But When We Asked If He Was Compensated To Promote HUMBL He Declined To Answer, Citing An NDA With the Company

HUMBL has a second vertical that it hopes will connect consumers and merchants that it calls HUMBL Marketplace, where merchants can operate an online business and accept online payments for products such as soap, pet beds, and zodiac sign-inspired coffees.

HUMBL Marketplace looks like a preliminary attempt to compete with Shopify and other ecommerce solutions. HUMBL Marketplace has a total of 23 merchants on its platform as of this writing. (By comparison, Shopify reported 1,749,000 merchants using its software at the end of 2020. [Pg. 11]) 

We called several merchants and successfully connected with Jake Hubenak at The Meat Project. He told us that HUMBL had approached him about putting his barbeque seasoning business on the platform because someone at HUMBL used and liked the products.  

Hubenak told us “not a day goes by” when he doesn’t get an order through HUMBL. 

It was a glowing endorsement. But, when we asked if he got paid to promote HUMBL, he said he couldn’t talk about that because of a confidentiality agreement. 

HUMBL does not disclose whether it pays its merchants to endorse the platform, and a person might reasonably assume that a merchant would not need to be paid to feature his or her products on a selling platform.  

Note that FTC rule § 255.5 requires disclosure of compensation for testimonials, yet we saw no disclosure of any endorsement deal.

Despite Claims Of Disrupting The Payments World, HUMBL’s Marketplace Offering Currently Uses Stripe To Process Merchant Payments

We confirmed that the few merchants in the U.S. described as accepting payments – either through HUMBL Pay or HUMBL Marketplace – could actually receive payments.

But the acceptance of such payments doesn’t look to be part of a major disruption to the global payments space. HUMBL discloses on its website that it is not a licensed money transmitter:

“HUMBL, Inc. is not a money services business and does not hold itself out to be such. All money transmission services are being provided exclusively by third parties…HUMBL does not offer money transmission services.”

Instead, a review of HUMBL’s merchant contract shows that transactions are actually being done behind-the-scenes by Stripe, one of the largest online payment processors in the world, who would reasonably be assumed to be a competitor of HUMBL. 

Vertical #3—HUMBL Financial: Complex Setup and Reliance on Third-Party Exchanges

Beyond HUMBL Pay and HUMBL Marketplace, the final piece of the HUMBL enterprise is HUMBL Financial:

“HUMBL Financial™ created its BLOCK ETX products to simplify digital asset investing for customers and institutions seeking exposure to a new, 24/7 digital asset class.”

The vertical generated $2,156 in revenue as of last quarter. (Numbers not in thousands) [Pg. 38]

While the company aims to simplify investing in digital assets, we created an account and experienced the opposite. To access HUMBL’s crypto index products, users need to go through a convoluted process.

First, users need to purchase a license key. Then, HUMBL requires users to grant the app access to the user’s account already set up at an established exchange like Binance, Coinbase Pro, or Bittrex.

From there, users can invest in “index products” through the pre-existing exchange architecture. Index products are baskets of cryptocurrencies that are periodically rebalanced. HUMBL charges $5/month for the service.

Users on social media complained about the process, finding it confusing:

It seems clear that the features are preliminary and that HUMBL lacks the proprietary development-base to truly offer a seamless, integrated product.

HUMBL Claims That The App Uses 20,000 Lines Of Proprietary Code To Create Its Trading Strategies

Yet The “Strategies” Appear To Involve Simple Crypto Positions, Then Periodically Rebalancing Them

HUMBL claims it uses “over 20,000” lines of proprietary code to create crypto trading strategies for its users.

Yet many of the trading strategies offered by HUMBL appear quite simple. For instance, the Block 3 product had just purchased a portfolio of 50% BTC, 25% ETH, and 25% of Litecoin when we signed up for it. Later, the allocation shifted to 50% BTC, 25% Litecoin, and 25% DigiByte.

(Source: HUMBL Financial website)

We don’t think a simple product is a bad thing, but it is unclear how thousands of lines of code factor into optimizing such a portfolio and what would justify the $5/month fee.

PART III: HUMBL’s Vanishing International Deals

A key part of HUMBL’s perceived credibility is its claim to be making meaningful inroads as a payments business operating in markets around the world. According to CEO Brian Foote:   

“The 375 million people using Apple Pay are not the total addressable market. HUMBL was built to serve the other 7 billion global consumers for whom the cost, use, and movement of money is on a very different grid.” 

HUMBL Says It Got 300 Mexican Merchants Sign Up In The First 3 Days Of Its Launch

Months Later We Found Zero Activity

On the company’s first call with investors back in December, Foote explained that one reason HUMBL is based in San Diego is its proximity to Mexico: 

“Part of the reason our business was born here is the majority of merchants in Mexico are in cash still, like so physical paper bills and coins.” 

At the time, Foote said the company was surprised by the strong demand for the app among merchants in Mexico:

“I challenged our Mexico sales team. I said ‘OK. Go sign up 100 merchants in a week.’ They came back with 300 merchants in three days.” [Dec. 9, 2020 call, 26:00]

Five months later, however, we couldn’t find anywhere near 300 merchants on HUMBL Pay in Mexico.

Using the map feature, we located 19 merchants in total and identified 2 as accepting HUMBL payments. We reached out to ask about the app:

• Villa Café in Baja: We were told that they had the HUMBL system but had not yet been trained on it.

• Nicky’s Fish and Chips in Iztapalapa, Mexico City: An employee told us they had never heard of HUMBL but that the restaurant accepted credit cards.

“Borderless Day In Baja” Promotional Video Vanishes From HUMBL Website; Mexico Merchant Says Everything Is On Hold

On December 1st, HUMBL announced a successful pilot with merchants in Mexico. The release quoted a tour operator named Fernando Cuevas:

“HUMBL® instantly makes life easier for me, my business and my customers here in Mexico. Being able to pay people for goods and services digitally with HUMBL®, enables my customers to spend more time enjoying their trips, and less time seeking out ATM’s and cash payment options everywhere we go.”

On December 9th, the company posted a video to its website called “A Borderless Day In Baja” which featured a group of visitors touring Mexico with Cuevas, using HUMBL to pay merchants and transfer money to each other.

The video included a stop for a photo op with a Tijuana donkey named Monica painted with zebra stripes.[1] The owner of the zebra donkey accepted HUMBL, per the video:

A disclaimer at the end of the video stated that “all money transmission services are being provided exclusively by third parties” and that the video contains “live and simulated transactions”.

Those simulations still haven’t turned into reality, it seems, despite Mexico being included as one of the markets in which HUMBL Pay was said to have “launched” on April 16.

We contacted Cuevas via WhatsApp in late April. In addition to being the tour guide in HUMBL’s video, Cuevas was also named HUMBL’s “lead affiliate sales representative in the region”. He indicated that the app isn’t ready, writing that until modifications are made to the app, no merchants in Mexico will be able to use it. He then quickly deleted the messages and told us he couldn’t speak on the matter further.

An employee at the Hilo Negro winery and wine bar that featured in the closing segments of the promo video told us they accepted a variety of international and Mexican payment methods but not HUMBL:

“We only use Visa, Mastercard, Carnet (a Mexican transactions service) and also Samsung Pay…No, no we don´t use that one (HUMBL).”  

The “Borderless Day In Baja” video has been removed from HUMBL’s website, though it can still be found on Vimeo.

All told, we found no sign that HUMBL is revolutionizing business in Mexico. We think the company should clarify how many active merchants in Mexico have used the app and the total transaction volume to date.

HUMBL CEO Called Deal With India-Based Payment Processor DIPL A Chance “To Work For 1.4 Billion India Customers” 

More Than a Year Later, A Deal Partner Says The HUMBL Partnership Was Quashed By COVID And That Economics May Be Impossible

On March 20, 2020, HUMBL announced a deal with Digital India Payments (DIPL), a company that processes payments for 30,000 merchants in India, Nepal, Bangladesh, Maldives, Myanmar and Sri Lanka. 

A successful entry into the India market would have been a massive stepping stone toward HUMBL´s stated ambition of serving “7 billion global consumers”.

Foote was quoted as saying:  

“We look forward to putting HUMBL technologies to work for 1.4 billion India customers alongside (DIPL).” 

The ambitious plan involved providing DIPL’s merchants with software to enable banking and other services for its customers: 

“HUMBL Hubs will be offering walk-in services to customers, such as cash pickup, foreign exchange, fair lending, bill payments, pre-paid cards, store credits, travel bookings, internet and cell phone minutes from local merchant (“agent”) locations” 

We spoke with Nayan Raut, the managing director of Kloden Technologies, who was the consultant for  DIPL in negotiations with HUMBL and was listed as the contact in the press release announcing the deal. He told us that the partnership never went ahead, primarily because DIPL´s agent network largely shut down due to the pandemic.

He noted there were longer term issues, explaining that government regulations in India do not allow a payment platform to charge merchants or consumers any percentage, hampering HUMBL’s planned business model.

“As a consumer, however much I pay the merchant, the same amount goes into his bank account. In terms of digital payments there is 0% MDR (Merchant Discount Rate). That is so (the government) can push digitalization.” 

Describing DIPL as a start-up, Raut said he believed DIPL may collapse, along with the deal, as a result of India´s COVID crisis.

“I´m a little worried about DIPL. If they don´t have business for a year or so it will be very difficult for them to survive. I don´t know if they will survive.”

In short, it appears that beyond the press release, HUMBL’s India deal didn’t happen, probably won’t happen, and if it somehow did happen, wouldn’t make HUMBL any money due to regulatory hurdles.

HUMBL Deal With Nigeria’s One Kiosk Was Billed As “A Powerful Economic Driver” For Small Businesses and Communities 

More Than A Year Later, An Executive Says The Deal Never Got Off-The-Ground

On April 3, 2020, HUMBL announced a deal with Laos, Nigeria-based One Kiosk, which brings together merchants and online delivery services. 

At the time, One Kiosk’s CEO said his company had seen a boom in online ordering due to COVID-19 and he believed an ability to pair the company’s service with HUMBL’s financial services would be “a powerful economic driver.” 

Foote claimed HUMBL would use its platform to help local small businesses compete with larger companies:   

“HUMBL helps them get in the game against big box competitors.” 

But HUMBL didn’t help get anyone into the game. 

We reached out to Olatunbosun Babatunde, One Kiosk’s Chief Technology Officer, to check in on the project. He responded: 

“Thank you for reaching out. HUMBL actually reach out to us and they wanted One Kiosk to use their payment system on our platform as a way of entering the African market. But it never went beyond that.” 

HUMBL Announced a Landmark Deal To Sell Rights For 15 Oceania Countries for up to $15 Million To An Unnamed Partner

But The Deal Later Collapsed. We Found The Proposed Deal Partner Was An Entity With No Apparent Physical Or Online Presence, Based Out of a Personal Residence

In a letter to shareholders on January 22, 2021, Foote told investors that the company had secured “our first of multiple option payments on the distribution rights deal in [the] Oceania region” with “plans to enter the region with this group”.

According to a filing months later, an Australian entity called Tuigamala Group Pty Ltd (TGP) had paid $600,000 in December for an option to purchase the territory rights, with plans to invest an aggregate $15 million. [Pg. 33] The initial $600,000 payment also granted TGP 12.5 million warrants at $1 each, worth as much as $84 million at HUMBL’s peak.

Given HUMBL’s description of its plans, one might expect TPG to have had a significant foothold in the region, such as a network of merchants or consumers.

But we could find no online or physical evidence of TPG’s existence aside from its filings with the Australian Securities and Investments Commission.  The entity was created on September 16, 2019 and is owned by Julius Elisara Tuigamala, per the filings.  

The company’s principal place of business appears to be Tuigamala’s house in New Zealand at 37 Claremont Street, Kellyville Ridge NSW 2155. 

In the end, TGP never made any further payments to purchase the country rights and terminated negotiations, but kept the 12.5 million warrants. [Pg. 33] It is unclear whether TGP has exercised the warrants or sold any stock thus far..

Just As We Were Preparing to Publish, George Sharp Exited Stage Left And Blamed Others For The Company’s Performance Decline

Just as we were getting ready to publish, a not-so-unexpected chain of events occurred.

Promoter George Sharp, who had been taking heat on Twitter for HUMBL’s falling share price, made his Twitter account private.

He explained the move was due to “too many smart asses” making “smart ass comments”.

Then, over the weekend, Sharp announced to his private Twitter group that he was parting ways with HUMBL, blaming certain transactions and announcements over the last nine weeks with which he disagreed.

Despite resigning in disagreement, Sharp assured investors that he was still buying shares and that HUMBL’s CEO was still the “Elon Musk of blockchain”.

Conclusion: Investors Are Being Strung Along By Hope, Facing A Tidal Wave of Coming Selling Pressure

Like SPACs, reverse mergers create an avenue for taking companies public quickly and with substandard disclosure requirements. Both have regularly been used to provide opportunities for insiders and early investors to extract wealth from unsuspecting retail investors before those investors realize there’s often little substance to the “business”.

In the past year, such faith-based go-public transactions have brought the investing public an endless parade of risky companies that boast of all the things they will eventually revolutionize.

When presented with the opportunity to prove milestones, these companies often falter, blaming the difficulties of predicting the future.

But HUMBL hasn’t succeeded at implementing features it said were already completed, while talking up evermore speculative and complex lines of business. Its marquee deals, announced loudly as evidence of its legitimacy and progress, have mostly quietly disappeared or stagnated.

Meanwhile, while investors are strung along by hope, and lulled into looking the other way, they face a December reality of literally billions of shares becoming available to convert and sell. We have repeatedly seen how this scenario plays out, and seems to never end well for once-optimistic shareholders. Best of luck to all.

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delerious1 delerious1 3 days ago
looking at our sister stock and that journey....there were days when it dropped 49 % , days when it dropped 37%.....and days when it rose 112% in 1 day....some days were up 250%, 161%, 107%
.....
once things started moving..........one day almost 1 billion shares in volume......

from .0005 to $1.93 in less than 3 months



yes GVSI is not for the fainthearted
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reaper247 reaper247 4 days ago
FYI majorprofits,

As senior mod here, my ibox content is not to be altered by other mods.

Any mod wishing to add content must add it below my currently maintained section.
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reaper247 reaper247 4 days ago
Just checking in on GVSI. GLTA. EOM.
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porty porty 4 days ago
Yes, 0 dilution is good. But we need a RM. 
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surfkast surfkast 4 days ago
That was a great response. Sadly above his grade level.
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Lime Time Lime Time 4 days ago
GVSI peeps buying. An opportunity exists here. Zero dilution.
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delerious1 delerious1 4 days ago
Never fall in love with a stock, only spend what you can afford to lose, if you are unsure then you can always buy or sell in 3rds or halves
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Major Profits Major Profits 4 days ago
"You just can't stay away from those StrawMan arguments..."
Who you referring to?

Oh whatever, I'll post this anyhow. This from "Google AI":
Search Labs | AI Overview
No, telling "the other side of the coin" is not the same as making a straw man argument. They represent fundamentally different approaches to engaging with different viewpoints.

Here's a breakdown of each concept:

1. The other side of the coin:

This idiom refers to presenting a different perspective or aspect of a situation or argument.
It acknowledges that most situations or arguments have multiple viewpoints and encourages a comprehensive understanding by considering those different perspectives.
This approach aims for a more nuanced and thorough understanding of an issue.
Example: Acknowledging the benefits and drawbacks of a proposed policy.

2. Straw man argument:

This is a logical fallacy where someone distorts an opponent's argument to make it easier to attack.
It involves creating a "straw man" version of the opponent's argument—a simplified or exaggerated version—and then refuting that distorted version as if it were the opponent's actual argument.
The goal is to create the illusion of having defeated the opponent's argument when in reality, the distorted version bears little resemblance to the original position.
Example: If someone says they support increasing benefits for unemployed single mothers, and another person responds by claiming the first person wants to give incentives for women to become single mothers and get a free ride from taxpayers, this is a straw man argument because it distorts the original argument.

Key difference:

Telling the "other side of the coin" is about honestly presenting alternative viewpoints to gain a broader understanding.
Making a straw man argument is about dishonestly distorting an opponent's argument to make it easier to attack.

In essence, presenting "the other side of the coin" is a constructive way to engage with different perspectives, while a straw man argument is a deceptive tactic to avoid addressing the real argument.
This is how that "sista stock" looked back then:



You constantly want to only focus on the POP but not the DROP, telling just HALF the story. Btw, the current pps of that "sista stock" is .0003. Hmmm, so was IG and others correct after all? Just a question.

Here this might help, also. From "Google AI":
Search Labs | AI Overview
A "lie by omission" occurs when someone intentionally leaves out important information or fails to correct a misconception, thereby creating a false impression, even if they are not directly stating something untrue. It's about withholding information to deceive or mislead, rather than making a false statement outright.

Here's a more detailed explanation:

Definition:
A lie by omission happens when a person actively chooses to withhold information that is relevant and crucial to the situation.

How it differs from a direct lie:
Unlike a direct lie, which involves making a false statement, a lie by omission is about creating a misleading picture by only presenting part of the truth.

Examples:

A car salesman claiming a car has excellent fuel economy while neglecting to mention that it's been heavily modified and doesn't have the original engine.

A person failing to correct a misunderstanding about their credentials, such as someone pretending to be a doctor at a hospital.

Someone not telling their partner they were talking to their ex, hoping the partner wouldn't find out.

Intent:
The key element of a lie by omission is the intentional omission of information with the purpose of deceiving someone.

Purpose:
People may lie by omission to avoid responsibility, protect their own interests, or manipulate a situation.

Harmful Effects:
Lying by omission can erode trust, damage relationships, and create a sense of betrayal.
One more, again from "Google AI":
Search Labs | AI Overview
An ad hominem attack is a type of logical fallacy where instead of addressing the argument itself, someone attacks the person making the argument or their character. It's essentially criticizing someone's personal attributes rather than their ideas. This tactic is often used to distract from the actual issue and can be seen as a form of "mud-slinging," where the focus shifts from the argument to the individual.

Here's a more detailed breakdown:

What it is:

Attacking the person, not the argument:
Instead of engaging with the logic or evidence presented, the attack focuses on the speaker's personality, motives, or character.

A logical fallacy:
It's considered a fallacy because the person's character or background doesn't logically prove or disprove the validity of their argument.

Common examples:
Dismissing someone's medical advice because they are a patient, or criticizing a political leader's policies based on their personal life.

Redirection:
It often redirects attention away from the issue at hand and towards the individual, making it difficult to have a constructive discussion.

Why it's a fallacy:

Irrelevant to the argument:
The person's character or background is usually unrelated to the truth or validity of their claim.

Misleading:
It can create a false impression that the person's argument is flawed simply because of their flaws or affiliations.

Distracts from the real issue:
By attacking the person, it prevents a proper examination of the argument and can lead to emotional outbursts instead of rational debate.

Types of ad hominem attacks:

Abusive: Directly insults the person's character or intelligence.

Circumstantial: Suggests the person's argument is biased or motivated by personal gain.

Tu Quoque: Points out hypocrisy in the person's past actions to discredit their current argument.

In conclusion: Ad hominem attacks are a flawed way of arguing that undermines the validity of any argument. They should be recognized and avoided in favor of reasoned discussions that focus on the substance of the issue.
And here you are talking about "losses" and "naysayers". You ever thought that, perhaps, many of them "naysayers" know far more than you do and if you had, sometimes, listened to them they might have saved you from some of them "losses"? Just wondering.
...many of us have experienced losses but that doesn't take away from the chance of hitting a big one. There are many ways to make money in stocks and some naysayers don't get it and apparently never will.
Sorry, but not everyone has it in them to post crap, and crap that they might not even believe, all in the hopes of getting a rise in the pps so they can DUMP their shares on those believing the crap.

Back on iggy for you.

FOUR YEARS!! WHERE'S THE ASSETS??
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delerious1 delerious1 4 days ago
American Blockchain Corp (GVSI:OTC Pink - Current
Information)Price rises +13.51% since its previous close with a
trade of $0.0042 at 12:37PM ET 06/13/2025
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wakeupdummy wakeupdummy 5 days ago
i don't think anybody expects this to reach those heights
but pennies should be a given with very little effort on G's part.
what's wrong with that? it all spends
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surfkast surfkast 5 days ago
Reality check for sure. There are probably 100 X's more bag holders than the ones who profited on the Sister.
It was a once in a lifetime perfect storm.
Even George has stated that.
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delerious1 delerious1 5 days ago
You just can't stay away from those StrawMan arguments...if you haven't noticed by now we are talking about MicroPenny stocks and many of us have experienced losses but that doesn't take away from the chance of hitting a big one. There are many ways to make money in stocks and some naysayers don't get it and apparently never will.
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Major Profits Major Profits 5 days ago
"And this info is from the one who was warning folks away from our sister stock right before it soared from .0005 to $1.93 ?"
Tell me, do you think there are (m)any who wished they never bought in on the hype about our "sista stock" and wished they had listened to the likes of IG and others? I do. Yet you seem only concerned with half of the story.


I bought tsnp $ high in the Fomo, about $3.70, and then Hmbl came, and that tech start up company had big growing pains, and wiped out my big investment, Forwardly too, wiped out, but still holding, underwater like everyone.[December 26, 2022]-iHub poster
Are you even aware there is currently a HMBL lawsuit and GS is listed as one of the defendants?
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sjoseph sjoseph 5 days ago
Ask got hit. Now they will have to chase it above .006. 😂😂
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surfkast surfkast 5 days ago
File a Form 10 and the minions will hoot and holler. Then when FINRA refuses to process it he will withdraw it.
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delerious1 delerious1 5 days ago
And this info is from the one who was warning folks away from our sister stock right before it soared from .0005 to $1.93 ?
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I-Glow I-Glow 5 days ago
As they say in Texas - All Hat - No Cattle. Sharp doesn't have mant options with the 3 hijacked shells as all 3 are missing a 211 filed with FINRA.

GVSI is the worst Sharp shell as it has a Notice of Deficiency from FINRA.

IG
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Hi_Lo Hi_Lo 5 days ago
Sharp's supposed new attempt at getting a Form 10 approved and implement a new merger in a few months will be a repeat of last year's fake "merger" where Sharp pumped that a merger would take place, pumped "candidates" and talked it up yet didn't even submit the appropriate paperwork to FINRA/SEC and then the fake merger failed miserably and tanked the stock?

The only difference is that now Sharp doesn't have 20 million of his peesonal common shares to dump after hyping the merger since he already dumped them in his "merger" pump and dump. But the end result will be the same as last year's disastrous so-called "merger" attempt - complete failure because GVSI continues to violate FIRNA rule 6490 because of the missing financials from 2008 - 2013 and continues to file unaudited financials even though George Sharp, FINRA and the SEC has specifically said that GVSI needs to file audited financials.

The supposed upcoming "merger" in a few months will again fail miserably for this scam.

Sharp dumped his 20 million common GVSI shares right before he released news that the fake merger failed.

The 20 mil shares of $GVSI that was listed with my holdings in today's revised filing, were previously stated in SEC filings, but were overlooked in the original OTCM disclosure. These shares were purchased out of the market prior to my custodianship app. & gave me standing.— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 21, 2023

The 20 mil shares of $GVSI that was listed with my holdings in today's revised filing, were previously stated in SEC filings, but were overlooked in the original OTCM disclosure. These shares were purchased out of the market prior to my custodianship app. & gave me standing.

9:59 AM · Feb 21, 2023 35.3K Views

For those asking, I was never issued the 20 million $GVSI shares in question, which is why they do not appear on subsequent filings. Contrary to what those who like to "pay me back" would like you to believe, I did not sell those shares.— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 6, 2024

For those asking, I was never issued the 20 million $GVSI shares in question, which is why they do not appear on subsequent filings. Contrary to what those who like to "pay me back" would like you to believe, I did not sell those shares.

https://www.otcmarkets.com/otcapi/company/financial-report/359659/content



https://www.otcmarkets.com/otcapi/company/financial-report/391857/content



It was a classic pump and dump.

Sharp will attempt yet another swindle that the pumpers will eat up again just to have it come crashing down again just like the last year's fake merger.

Sharp has done absolutely nothing to fix all of GVSI's many, many regulatory problems and he's been in control for four years.

He's too busy racing his ponies at shareholder expense.

Sharp has already said he abandoned getting GVSI SEC registered and reporting.

Even Sharp had to admit that GVSI is delinquent in the eyes of the SEC.

$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

$GVSI has finally received comments from FINRA who is concerned with acts by previous management, particularly, missing financials from that period. Management continues to cooperate with FINRA at its own expense in order to achieve the name & symbol changes.— American Blockchain Corporation (@OTCpinkGVSI) November 28, 2023

$GVSI has finally received comments from FINRA who is concerned with acts by previous management, particularly, missing financials from that period. Management continues to cooperate with FINRA at its own expense in order to achieve the name & symbol changes.

And Sharp already said he can't get GVSI audited.

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. https://t.co/tOP9FImksT— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023

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.
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— American Blockchain Corporation (@OTCpinkGVSI) June 30, 2022

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.

I will give Sharp credit though, he definitely warned people about GVSI many times:

I had regretted taking over $GVSI. Had I known what I was in for, I would have never had done it. But even my most fervent doubters know that I don't just give up once I start. I spent a lot of my own money to get this done in order to justify the confidence of my supporters. https://t.co/RHSjRXdDyo— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023

Today, my attorney is filing for custodianship of $GVSI on my behalf. Those buying shares must know that there is incredible risk here. My application could be denied. I could find really bad skeletons.
Do not ask me questions regarding the progress. You will be blocked— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) April 19, 2021

As always, it happens when it happens. No guarantees. $GVSI https://t.co/RgIWrr0OEW— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) December 19, 2022

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. https://t.co/tOP9FImksT— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023

The plethora of partial name changes by previous management and its inept counsel didn't help $GVSI either and all that had to be unwound and mapped out. https://t.co/xk3RKcKZ8d— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023

I did everything I could to avoid this necessity, but it could not be avoided. We'll have to wait a little longer for $GVSI & I'm not happy about it. This ticker is costing me a fortune.

The screw up by previous management is no surprise considering all their other screw ups. https://t.co/rU8pvRS8ke— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) November 23, 2021

I appreciate all the messages of support while I was working on bringing $GVSI current. When I took over it was an utter, chaotic mess.— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 7, 2023

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— American Blockchain Corporation (@OTCpinkGVSI) June 30, 2022

AGAIN! Custodianships are very risky business. There is no guarantee that my petition will be successful or I may hate what I will find underneath once I peel back the history. If you are going to trade these things, it's on YOU! #BeRational $WRIT $GVSI $RETC— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) April 28, 2021

And Sharp never fixed the many SEC/FINRA problems GVSI has.

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.

What a disaster.
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Starlost Starlost 5 days ago
Is Sharp ever going to do anything with this shell?
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surfkast surfkast 5 days ago
Interesting but nothing to do with 99% of OTCM stocks no matter what the claims are.
If so sure provide proof as it is extremely rare to see any FTD in OTCM securities.
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Iggy_Bot Iggy_Bot 6 days ago
(not my find) There Is Now A Call For President Trump To Ban Naked Short Selling
Understand the dangers of naked short selling and why banning it could be a top priority for Trump's administration.

https://franknez.com/there-is-now-a-call-for-president-trump-to-ban-naked-short-selling/?utm_source=grow&utm_medium=email&utm_campaign=automailer&utm_content=rec

On June 9, 2025, Newsmax published an article by Dennis Kneale titled “Trump Can Help Investors by Banning ‘Naked Shorts,'” which argues for a decisive executive action by President Donald Trump to curb naked short selling—a practice that destabilizes the financial markets and harms retail investors.

Today we’re going over the key points of Kneale’s argument, the mechanics and impact of naked short selling, and why banning it could be a significant policy priority for the Trump administration in 2025.

By addressing this issue, the administration could bolster investor confidence, stabilize markets, and align with its broader economic agenda of fairness and transparency.

Understanding Naked Short Selling
https://franknez.com/big-changes-underway-to-the-stock-market-regarding-naked-short-selling/


Naked short selling occurs when traders sell shares of a company they do not own and have not borrowed, betting that the stock price will fall before they need to deliver the shares.

Unlike traditional short selling, where shares are borrowed before being sold, naked short selling involves selling “phantom” shares that may not exist in the company’s float.

This practice can artificially inflate the supply of shares, driving down stock prices and cause significant market distortions.
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