Hi_Lo
5日前
No one to contest. Perfect Share Structure.
New management can take this to $1s 🚀
Not worthless.
Next run will be to $1s 🚀 easy target
No dumps. Bids not filling
Google Gemini AI:
https://share.gemini.google/mD7xY9E0FbzS
Question:
Are the following statements about Good Vibrations Shoes, Inc. (GVSI) true?
Analyze every statement in quotes and tell me if it is either true or false.
Give reasons for your conclusions.
Why would someone post this on a stock discussion board?
"No one to contest. Perfect Share Structure."
"New management can take this to $1s 🚀"
"Not worthless."
"Next run will be to $1s 🚀 easy target"
"No dumps. Bids not filling"
Use bullet points instead of tables and give a summary at the end.
Answer:
Here is the breakdown of the statements regarding Good Vibrations Shoes, Inc. (GVSI, currently known as American Blockchain Corp.):
?Statement Analysis
• ?"No one to contest. Perfect Share Structure." — FALSE. The company does not have a "perfect" share structure. GVSI has roughly 2.12 billion shares outstanding out of 7 billion authorized shares. This massive float is typical of a heavily diluted sub-penny shell company. The claim "no one to contest" is a generic phrase used to imply a clean slate, but the heavy supply of existing shares makes upward price movement difficult.
• ?"New management can take this to $1s 🚀" — FALSE / EXTREMELY IMPROBABLE. With over 2.1 billion shares outstanding, reaching $1.00 per share would require a market capitalization of over $2.1 billion. GVSI is a dark, defunct shell company with $0 in revenue and a market cap of roughly $423,000. Going from its current price of $0.0002 to $1.00 requires an increase of 500,000%.
• ?"Not worthless." — TECHNICALLY TRUE (but practically misleading). As a legally registered corporate shell, the entity holds minor speculative value for reverse mergers (where a private company buys a public shell to skip the IPO process). However, the stock trades in the "Expert Market" (restricted from public retail viewing/trading) and sits at $0.0002 per share, making it virtually worthless to average retail investors.
• ?"Next run will be to $1s 🚀 easy target" — FALSE. A $1.00 target is mathematically and financially impossible without massive reverse stock splits or unprecedented multibillion-dollar asset injections. Labeling it an "easy target" is a blatant misrepresentation of a sub-penny stock's reality.
• ?"No dumps. Bids not filling" — FALSE / MISLEADING. Because GVSI is relegated to the Expert Market, liquidity is essentially non-existent, and volume is routinely zero or nominal. Bids fail to fill not because of massive buying demand, but because broker-dealers are heavily restricted from executing public retail orders on this tier.
Why Someone Would Post This on a Stock Discussion Board
These types of posts are classic text-book examples of "Stock Pumping" (or a "pump-and-dump" scheme).
• To Create Artificial Hype: Sub-penny stocks trading at fractions of a cent ($0.0002) are easily manipulated. Pumpers post highly emotional, emoji-laden messages to lure uneducated retail investors into buying.
• To Generate Liquidity for an Exit: Because the stock has almost no daily volume, current trapped bagholders or promotional groups need to fabricate buying interest so they can sell ("dump") their own shares to unsuspecting buyers.
Summary
The quoted statements are false, highly speculative, and factually detached from the company's financial reality. GVSI is an illiquid, non-reporting shell company trading at $0.0002 on the restricted Expert Market. The forum posts are promotional deceptive tactics designed to inflate interest in a dead stock so insiders or existing bagholders can exit their positions.
surfkast
7日前
Due to the death of George Sharp this could be tied up in probate for a long time.
Still, this is a worthless shell as it has a lot of baggage starting with the FINRA 6940 issue which George stated can not be fixed!
Notice of Deficiency Pursuant to FINRA Rule 6490 which is due to missing financials.
Note that the previous custodian failed with FINRA appeals. George could not clean this mess up. So any new thoughts as to swaying FINRA are not possible.
First Hurdle:
To manage your inherited shell company, locate all estate documents (like the will and death certificate) and undergo the probate process.
Next, formally transfer the ownership, ensure all state and IRS filings are updated, and consult a legal professional to verify the company’s assets and risks.Follow these critical steps to properly handle the transfer and evaluate your new entity:1. Execute the Ownership TransferFind the foundational documents: Locate the Articles of Incorporation or Organization, the Operating Agreement, or the Bylaws to see how ownership transfers are handled.File legal paperwork: Provide the company’s operating entity or registered agent with the will, death certificate, and court-issued Letters Testamentary/Letters of Administration.Update the state registry: Notify your state’s Secretary of State (or equivalent corporate registry) of the ownership change to keep the company in good standing.
2. Update Tax and Regulatory InformationIRS Compliance: You will likely need to file IRS Form 8822-B to change the designated responsible party and update the business address or Employer Identification Number (EIN).Corporate Transparency Act (CTA): Shell companies are subject to strict beneficial ownership reporting rules. If you are the new ultimate beneficial owner (UBO), you must file a Beneficial Ownership Information (BOI) report with FinCEN to avoid heavy daily penalties
3. Conduct Due DiligenceVerify the assets: Work with an estate attorney to confirm exactly what the shell company actually owns (e.g., real estate, liquid cash, stocks, or oil and gas royalties).Assess liabilities: Ensure the company does not carry outstanding tax debts, undisclosed liabilities, or unresolved legal obligations.Re-register with banks: If the shell company holds bank or brokerage accounts, you must update the authorized signatories or transfer the holdings out of the entity and into your own name.
4. Decide on the Future of the CompanyDissolve the entity: If the company is completely empty (a "hollow" entity) and serves no purpose, you can legally dissolve it to avoid ongoing registration and tax filing fees.Keep it operational: If it holds assets (like real estate or patents), you can maintain the structure and hire professionals (a CPA and/or corporate attorney) to manage it
Second Hurldle that can't be fixed! FINRA's denial under Rule 6490 on corporate actions.
https://www.sec.gov/enforcement-litigation/administrative-proceedings/3-19238
Hi_Lo
1週前
"GVSI new management can easily get GVSI SEC Registered. Sharp had nothing, but new owners come in here and this flies 🚀"
"Here is another real life example. UBYH just went SEC Reporting today. Huge gap of missing filings, Unsolicited Quotes Only. Deficiency. Business description: Not available. Shell Status. Boom! I was in that one at rock bottom. Will reload this GVSI at rock bottom. I provide real life examples of how these stocks work and this GVSI is far from dead. FINRA allows it to exist forever. Smart Experts know what to look for in penny stocks 🚀"
"The Form 10 gives it (GVSI) a fresh start and the Alternative is 2 Unaudited Annuals to OTCIQ OTC Markets. Missing filings in the past are moot. This stock huge clean no baggage no debt. All cleaned up in public
court documents."
"So glad I dont rely on fake crap AI DD, and I study real life examples of the SEC and FINRA rules. This stock (GVSI) is the safest investment ever."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177734524
"The past means nothing. 2 years of filings brings it back to good standing."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177734795
"New management can come in at any time"
"Now this is clean, zero debt, can exist forever,"
Google Gemini AI
https://share.gemini.google/WvKelPeN06Mn
Question:
Are the following statements about Good Vibrations Shoes, Inc. (GVSI) true?
Analyze every statement in quotes and tell me if it is either true or false.
Why would somebody post this on a stock discussion board?
Give reasons for your conclusions.
Use bullet points instead of tables and give a summary at the end.
"GVSI new management can easily get GVSI SEC Registered. Sharp had nothing, but new owners come in here and this flies 🚀"
"Here is another real life example. UBYH just went SEC Reporting today. Huge gap of missing filings, Unsolicited Quotes Only. Deficiency. Business description: Not available. Shell Status. Boom! I was in that one at rock bottom. Will reload this GVSI at rock bottom. I provide real life examples of how these stocks work and this GVSI is far from dead. FINRA allows it to exist forever. Smart Experts know what to look for in penny stocks 🚀"
"The Form 10 gives it (GVSI) a fresh start and the Alternative is 2 Unaudited Annuals to OTCIQ OTC Markets. Missing filings in the past are moot. This stock huge clean no baggage no debt. All cleaned up in public court documents."
"So glad I dont rely on fake crap AI DD, and I study real life examples of the SEC and FINRA rules. This stock (GVSI) is the safest investment ever."
"The past means nothing. 2 years of filings brings it back to good standing."
"New management can come in at any time"
"Now this is clean, zero debt, can exist forever,"
Answer:
Here is an analysis of each statement, followed by an explanation of why someone would post them on a stock discussion board, along with a summary of the situation.
Fact-Checking the Statements
• "GVSI new management can easily get GVSI SEC Registered. Sharp had nothing, but new owners come in here and this flies 🚀"
• Verdict: False / Highly Misleading.
• Reason: Getting a defunct penny stock company back to being "SEC Registered" or "SEC Reporting" is notoriously difficult, expensive, and legally complex. For GVSI specifically, it actually withdrew its Form 10 registration statement in 2021 because it could not provide the required audited financial statements. A new owner cannot "easily" fix years of missing audits and regulatory hurdles. The rocket emoji indicates a classic speculative attempt to "pump" the stock price.
• "Here is another real life example. UBYH just went SEC Reporting today... FINRA allows it to exist forever. Smart Experts know what to look for in penny stocks 🚀"
• Verdict: False / Highly Misleading.
• Reason: While FINRA does not technically "delete" corporate entities from existence arbitrarily, OTC Markets heavily restricts trading on them. GVSI is currently relegated to the Expert Market (EM), meaning quotations are restricted from public viewing and normal retail investors cannot easily buy or sell it. Stocks in the Expert Market do not "exist forever" in a healthy trading state; they are essentially on regulatory life support.
• "The Form 10 gives it (GVSI) a fresh start and the Alternative is 2 Unaudited Annuals to OTCIQ OTC Markets. Missing filings in the past are moot. This stock huge clean no baggage no debt. All cleaned up in public court documents."
• Verdict: False.
• Reason: Missing filings are absolutely not "moot." Under SEC Rule 15c2-11, companies must maintain current publicly available financial information to be quoted publicly. Furthermore, GVSI previously failed its Form 10 registration because it could not produce necessary audits. Claiming it has "no baggage" ignores its deep regulatory restrictions, history of failed corporate actions, and lack of operations.[/b[
• "So glad I dont rely on fake crap AI DD, and I study real life examples of the SEC and FINRA rules. This stock (GVSI) is the safest investment ever."
• Verdict: False.
• Reason: Labeling an Expert Market penny stock trading at a fraction of a cent ($0.0002) as "the safest investment ever" is an absolute falsehood. Micro-cap shell companies with no active revenue, missing financials, and restricted trading parameters represent the absolute highest-risk tier of equity investing.
• "The past means nothing. 2 years of filings brings it back to good standing."
• Verdict: Mostly False.
• Reason: The past dictates the regulatory restrictions placed on a stock. While providing two years of disclosure can sometimes satisfy OTC Markets' basic requirements for some tiers, it does not automatically erase existing FINRA deficiency notices or severe corporate action restrictions that prevent the company from executing mergers or name changes.
• "New management can come in at any time"
• Verdict: Technically True, but Misleading.
• Reason: Legally, a shell company can change control or be taken over by new management at any time through a court receivership or a purchase of control blocks. However, new management inherits all of the entity's underlying regulatory damage, meaning their hands are usually tied when trying to clean up the ticker.
• "Now this is clean, zero debt, can exist forever,"
• Verdict: False.
• Reason: GVSI is not "clean." It is categorized as "Dark or Defunct" on OTC Markets with a warning that the company is failing to provide public disclosures to a regulator. It cannot "exist forever" as a viable financial asset if its corporate status faces revocation by the state (it has faced defaults with the Nevada Secretary of State).
Why Would Somebody Post This on a Stock Discussion Board?
These statements are textbook examples of "Stock Pumping" or "Hopium" (forced optimism designed to create an artificial narrative).
• Bagholding and Exit Strategy: The poster is likely trapped in the stock (a "bagholder") at a much higher price. Because GVSI trades on the Expert Market at $0.0002 with virtually zero liquidity, the poster needs to convince naive retail investors to buy into the stock so they can dump their own shares.
• Creating False Catlysts: In penny stocks, "New Management" or an "SEC Filings Catch-up" are the ultimate buzzwords used to generate hype. [color=red]By pretending a savior is around the corner to clean up the shell, they attempt to spark a buying frenzy.
• Discrediting Negative Facts: By calling accurate, critical research "fake crap AI DD," the user is actively attempting to insulate other board members from looking at the grim regulatory reality of the company's financial state.
Summary
Good Vibrations Shoes, Inc. (GVSI) is a defunct shell company currently restricted to the OTC Expert Market, trading near absolute zero ($0.0002) with missing financial records dating back years. The statements provided are structurally false, legally inaccurate regarding SEC/FINRA rules, and highly deceptive. They are posted by a motivated "pumper" trying to lure uneducated retail traders into a high-risk, illiquid trap under the false premise that a magical management takeover will effortlessly restore the stock to active status.
surfkast
1週前
Do not invest here is my opinion. Why? The estate could take years to clear. But it will still be a worthless POS due to all the issues especially a Notice of Deficiency Pursuant to FINRA Rule 6490 which is due to missing financials.
Note that the previous custodian failed with FINRA appeals. George could not clean this mess up. So any new thoughts as to swaying FINRA are not possible.
First Hurdle:
To manage your inherited shell company, locate all estate documents (like the will and death certificate) and undergo the probate process.
Next, formally transfer the ownership, ensure all state and IRS filings are updated, and consult a legal professional to verify the company’s assets and risks.Follow these critical steps to properly handle the transfer and evaluate your new entity:1. Execute the Ownership TransferFind the foundational documents: Locate the Articles of Incorporation or Organization, the Operating Agreement, or the Bylaws to see how ownership transfers are handled.File legal paperwork: Provide the company’s operating entity or registered agent with the will, death certificate, and court-issued Letters Testamentary/Letters of Administration.Update the state registry: Notify your state’s Secretary of State (or equivalent corporate registry) of the ownership change to keep the company in good standing.
2. Update Tax and Regulatory InformationIRS Compliance: You will likely need to file IRS Form 8822-B to change the designated responsible party and update the business address or Employer Identification Number (EIN).Corporate Transparency Act (CTA): Shell companies are subject to strict beneficial ownership reporting rules. If you are the new ultimate beneficial owner (UBO), you must file a Beneficial Ownership Information (BOI) report with FinCEN to avoid heavy daily penalties
3. Conduct Due DiligenceVerify the assets: Work with an estate attorney to confirm exactly what the shell company actually owns (e.g., real estate, liquid cash, stocks, or oil and gas royalties).Assess liabilities: Ensure the company does not carry outstanding tax debts, undisclosed liabilities, or unresolved legal obligations.Re-register with banks: If the shell company holds bank or brokerage accounts, you must update the authorized signatories or transfer the holdings out of the entity and into your own name.
4. Decide on the Future of the CompanyDissolve the entity: If the company is completely empty (a "hollow" entity) and serves no purpose, you can legally dissolve it to avoid ongoing registration and tax filing fees.Keep it operational: If it holds assets (like real estate or patents), you can maintain the structure and hire professionals (a CPA and/or corporate attorney) to manage it
Second Hurldle that can't be fixed! FINRA's denial under Rule 6490 on corporate actions.
https://www.sec.gov/enforcement-litigation/administrative-proceedings/3-19238
Hi_Lo
1週前
Pure lies yet again (no surprise).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177721841
"New owner will take it over soon."
"Very good share structure here."
"It only takes 2 years of unaudited filings or a simple Form C with zeros to bring this back to Current 🚀"
"I know the rules and how this works. Many uninformed posters rely on crap AI DD to make decisions for them. They end up losing 100% every time. This GVSI can exist forever, a good stock rock bottom pick 🚀"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177727348
"This will continue on forever. A new entity will come in and scoop it up. I thought you would know more about this stock sruff than me, but apparently not. NV SoS here and zero debt. Easy target, money to be made here. These OTC CEOs pass away and or abandon their tickers all of the time throughout the years. A new entity always comes in. There will always be a younger more hungrier Custodian"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177727928
"This is actually not worthless. There is a bid every day. I will agree this is worthless when there is zero bid,, But there is a bid every day and I am bid sitting!"
"2 tickers same plate as GVSI got Name/Ticker Change today, AUNM, AEFI, same as GVSI has missing filings, deficiency, Unsolicited Quotes, and Shell Status all at one point in time."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177728404
"It takes two years of unaudited Fins to OTCIQ to get trading again on all Brokerages. Ive proved this with those two real life examples."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177721841
"New owner will take it over soon. Sharp paid his lawyer big bucks to have court cancel all debt here 🚀"
"It only takes 2 years of unaudited filings or a simple Form C with zeros to bring this (GVSI) back to Current 🚀
"I know the rules and how this works. Many uninformed posters rely on crap AI DD to make decisions for them. They end up losing 100% every time. This GVSI can exist forever, a good stock rock bottom pick 🚀"
Google Gemini AI:
https://gemini.google.com/share/75941cb3e71f
Question:
Are the following statements about Good Vibrations Shoes, Inc. (GVSI) true?
Analyze every statement in quotes and tell me if it is either true or false.
Give reasons for your conclusions.
Use bullet points instead of tables and give a summary at the end.
"New owner will take it over soon."
"Very good share structure here."
"It only takes 2 years of unaudited filings or a simple Form C with zeros to bring this back to Current 🚀"
"I know the rules and how this works. Many uninformed posters rely on crap AI DD to make decisions for them. They end up losing 100% every time. This GVSI can exist forever, a good stock rock bottom pick 🚀"
"This will continue on forever. A new entity will come in and scoop it up."
"NV SoS here and zero debt. Easy target, money to be made here (with GVSI). These OTC CEOs pass away and or abandon their tickers all of the time throughout the years. A new entity always comes in. There will always be a younger more hungrier Custodian"
"This is actually not worthless. There is a bid every day. I will agree this is worthless when there is zero bid,, But there is a bid every day and I am bid sitting!"
"2 tickers same plate as GVSI got Name/Ticker Change today, AUNM, AEFI, same as GVSI has missing filings, deficiency, Unsolicited Quotes, and Shell Status all at one point in time."
Are AUNM and AEFI the same plate as GVSI?
Didn't AUNM start filing financial statements March and May of 2026?
Will AEFI continue to be in Expert Market and delinquent with the SEC?
"It takes two years of unaudited Fins to OTCIQ to get trading again on all Brokerages. Ive proved this with those two real life examples."
Will the example cited in the quotes (AEFI) continue to be in Expert Market after their Name/Ticker Change? Are they still delinquent with the SEC?
"New owner will take it over soon."
"It only takes 2 years of unaudited filings or a simple Form C with zeros to bring this (GVSI) back to Current 🚀
"I know the rules and how this works. Many uninformed posters rely on crap AI DD to make decisions for them. They end up losing 100% every time. This GVSI can exist forever, a good stock rock bottom pick 🚀"
Answer:
Here is the breakdown and truth-value analysis of the statements and specific questions regarding Good Vibrations Shoes, Inc. (GVSI), Auction Mills, Inc. (AUNM), and American EcoFuels Inc. (AEFI) based on regulatory realities and OTC market data in 2026.
Analysis of the Statements
• "New owner will take it over soon."
• Status: FALSE / Highly Speculative.
• Reason: GVSI was historically managed by custodian George Sharp, who has since passed away. The ticker remains abandoned, highly delinquent, and locked in the Expert Market. While anyone could theoretically petition a court for custody of a defunct shell, there is no verified corporate action, filed merger agreement, or active custodian progression to support that a "new owner will take it over soon."
ADVFN
• "Very good share structure here."
• Status: FALSE.
• Reason: Public disclosure profiles show GVSI has a bloated, diluted microcap share structure consisting of billions of authorized shares and over 2.1 billion outstanding shares. It is a highly diluted shell with structural dead-weight, which is the exact opposite of a "good share structure."
• "It only takes 2 years of unaudited filings or a simple Form C with zeros to bring this back to Current 🚀"
• Status: FALSE.
• Reason: Under SEC Rule 15c2-11, bringing a company back to "Current Information" status on the OTC Markets is strict. A "Form C" is an SEC crowdfunding exemption filing and has absolutely nothing to do with curing an OTC ticker deficiency or removing an Expert Market designation. Furthermore, because GVSI is a defunct SEC-reporting shell that withdrew its Form 10 registration, it cannot bypass its historical deficiencies with simple "unaudited filings with zeros." FINRA rules require comprehensive, compliant disclosures and a Form 211 cleared by a market maker to restore public quoting.
ADVFN
• "I know the rules and how this works... This GVSI can exist forever, a good stock rock bottom pick 🚀"
• Status: FALSE.
• Reason: The poster clearly does not know the rules, as they confused crowdfunding filings (Form C) with OTC Pink current compliance paths. While a corporate shell can physically exist on paper as long as someone pays state taxes, an Expert Market OTC ticker sitting at $0.0002 with broken corporate actions, an impossible audit trail, and zero operations is functionally dead. Calling it a "good stock rock bottom pick" is highly dangerous and misleading financial advice.
ADVFN
• "This will continue on forever. A new entity will come in and scoop it up."
• Status: FALSE / Highly Improbable.
• Reason: Tickers do not last forever. Defunct companies routinely have their charters revoked by the state (Nevada Secretary of State) for failing to pay franchise taxes and filing annual officer lists. Once revoked, the SEC can permanently revoke the registration of the securities under Section 12(j) of the Securities Exchange Act, completely wiping the ticker out of existence.
• "NV SoS here and zero debt. Easy target, money to be made here (with GVSI)... A new entity always comes in."
• Status: FALSE.
• Reason: The assertion that a new entity "always" comes in is factually incorrect. Thousands of dead OTC tickers are permanently abandoned every decade, left to be revoked by the SEC or state governments. Furthermore, without updated, audited financials, it is impossible to verify if GVSI truly has "zero debt." Hidden toxic liabilities frequently plague abandoned shells.
• "This is actually not worthless. There is a bid every day. I will agree this is worthless when there is zero bid,, But there is a bid every day and I am bid sitting!"
• Status: FALSE / Subjective Delusion.
• Reason: Sitting on a fake "bid" at $0.0001 or $0.0002 on an Expert Market tier—where retail investors cannot freely buy or sell and quotes are hidden from public view—does not give an asset intrinsic value. If you cannot liquidate your position, a fractional paper bid is functionally worthless.
• "2 tickers same plate as GVSI got Name/Ticker Change today, AUNM, AEFI, same as GVSI has missing filings, deficiency, Unsolicited Quotes, and Shell Status all at one point in time."
• Status: PARTIALLY TRUE but MISLEADING.
• Reason: While it is true that AUNM and AEFI faced missing filings, deficiency warnings, and shell status "at one point in time," they are not on the "same plate" (same regulatory path) as GVSI anymore. Both companies actively cured their missing filings to move forward, whereas GVSI is entirely stagnant and abandoned.
Answers to Your Specific Questions
• Are AUNM and AEFI the same plate as GVSI?
• No. They are entirely different types of entities now. Auction Mills (AUNM) actively filed updated financial statements via the Alternative Reporting Standard to maintain its profile. American EcoFuels (AEFI—formerly Eco Innovation Group, ticker ECOX) completed its actual FINRA-approved name and ticker change on June 23, 2026. AEFI is preparing a full SEC Form 10 registration and is finishing a rigorous two-year Public Company Accounting Oversight Board (PCAOB) audit. GVSI has no active management, no ongoing audits, and no submitted FINRA corporate actions.
GlobeNewswire+ 1
• Didn't AUNM start filing financial statements March and May of 2026?
• Yes. This is factually true. OTC Markets records show that Auction Mills, Inc. (AUNM) pushed out its 2025 Annual Disclosure and Management Certifications on March 31, 2026, followed by its Quarterly Report on May 15, 2026. This completely disproves the quote's narrative that "nothing is being done" or that they revived using "zeros on a Form C." They filed formal Alternative Reporting documentation.
• Will AEFI continue to be in Expert Market and delinquent with the SEC?
• No. AEFI is actively moving out of delinquency. The company announced alongside its June 23, 2026 name change that it is completing its comprehensive PCAOB back-audits and preparing a Form 10 registration statement to return to full SEC reporting compliance.
GlobeNewswire
• "It takes two years of unaudited Fins to OTCIQ to get trading again on all Brokerages. Ive proved this with those two real life examples."
• FALSE. The poster didn't prove anything because neither AUNM nor AEFI used "two years of unaudited zero-filings" to bypass rules. AEFI is using a highly rigorous, fully audited PCAOB path to lift its restrictions, and AUNM used active, updated alternative disclosures. Unaudited placeholder disclosures do not automatically force major retail brokerages to open up trading for Expert Market shells.
• Will AEFI continue to be in Expert Market after their Name/Ticker Change? Are they still delinquent with the SEC?
• Temporarily yes, but legally changing. AEFI is temporarily clearing up its legacy shell restrictions. Because their corporate action successfully processed through FINRA, they are in the final stages of submitting their clean, audited Form 10 to the SEC, which will fundamentally remove them from delinquency and allow them to lift restrictions off the Expert Market.
Summary of Conclusions
The message board quotes you provided represent classic, predatory OTC "pump-and-dump" forum rhetoric designed to trap uneducated retail traders into buying dead equity.
The poster demonstrates a total lack of understanding of SEC Rule 15c2-11, FINRA Rule 6490, and corporate law. They falsely claim that getting a dead company back to "Current" standing requires nothing more than filing two years of empty, unaudited paperwork or an irrelevant crowdfunding form (Form C).
In reality, the two examples they cited as "proof" (AUNM and AEFI) actually achieved their milestones by doing the exact opposite: performing real corporate restructuring, filing actual operational financial updates, and funding expensive, multi-year audited accounting overhauls. GVSI remains an abandoned, highly diluted shell with no management, massive compliance deficiencies, and a terminal trajectory toward state and SEC revocation.
Funny how you say that AUNM and AEFI are the "same plate" as GVSI when they actually filed their financial statements to get the ticker/name corporate actions processed while GVSI/Sharp abandoned those efforts.
You even posted this on AUNM's board:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176071429
"2 Annuals posted today. It's coming back 🚀"
Where are GVSI's financial statements?
They don't exist and Sharp said he abandoned getting GVSI audited after 2 years of trying and spending "a fortune." He finally gave up because it was impossible, making GVSI a dead "zombie" ticker.
GVSI will be a FINRA delete in about a year (there's another year before the Nevada Secretary of Stake revokes it). After that it just takes a few months before a FINRA deletion, especially with GVSI's open and active SEC Administrative Proceeding against GVSI - something AUNM and AEFI never had you LYING PUMPER.
GVSI Administrative Proceeding:
https://www.sec.gov/enforcement-litigation/administrative-proceedings/3-19238
surfkast
1週前
Nothing can happen until the will is probated. Plain and simple. No Hopium. It then could take up to two years to settle the estate. Especiall since George had ties to four companies, a racing stable and othe investments.
One can not make up fairy tales. One must know and follow the probate laws.
And you are finally partially correct for a change...................(No one will ) have any interest in it.
To manage your inherited shell company, locate all estate documents (like the will and death certificate) and undergo the probate process.
Next, formally transfer the ownership, ensure all state and IRS filings are updated, and consult a legal professional to verify the company’s assets and risks.Follow these critical steps to properly handle the transfer and evaluate your new entity:1. Execute the Ownership TransferFind the foundational documents: Locate the Articles of Incorporation or Organization, the Operating Agreement, or the Bylaws to see how ownership transfers are handled.File legal paperwork: Provide the company’s operating entity or registered agent with the will, death certificate, and court-issued Letters Testamentary/Letters of Administration.Update the state registry: Notify your state’s Secretary of State (or equivalent corporate registry) of the ownership change to keep the company in good standing.
2. Update Tax and Regulatory InformationIRS Compliance: You will likely need to file IRS Form 8822-B to change the designated responsible party and update the business address or Employer Identification Number (EIN).Corporate Transparency Act (CTA): Shell companies are subject to strict beneficial ownership reporting rules. If you are the new ultimate beneficial owner (UBO), you must file a Beneficial Ownership Information (BOI) report with FinCEN to avoid heavy daily penalties
3. Conduct Due DiligenceVerify the assets: Work with an estate attorney to confirm exactly what the shell company actually owns (e.g., real estate, liquid cash, stocks, or oil and gas royalties).Assess liabilities: Ensure the company does not carry outstanding tax debts, undisclosed liabilities, or unresolved legal obligations.Re-register with banks: If the shell company holds bank or brokerage accounts, you must update the authorized signatories or transfer the holdings out of the entity and into your own name.
4. Decide on the Future of the CompanyDissolve the entity: If the company is completely empty (a "hollow" entity) and serves no purpose, you can legally dissolve it to avoid ongoing registration and tax filing fees.Keep it operational: If it holds assets (like real estate or patents), you can maintain the structure and hire professionals (a CPA and/or corporate attorney) to manage it
Hi_Lo
2週前
Let's review a few uncomfortable CURRENT facts about GVSI:
• George Sharp is dead.
• GVSI is dead.
• GVSI is in default with Nevada Secretary of State and about to be revoked.
• 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 name/ticker change that failed miserably because of the SEC restrictions on any GVSI corporate actions, basically down the company from ever getting any corporate actions processed (such as a merger or name change, indicating that this stock is dead.
• 5 years of being SEC delinquent because of missing audited financials (from 2008 - 2013) *before* filing its Form 15.
• SEC delinquent with current financials - now over one year since last financial filings.
• Non SEC registered.
• Non SEC reporting.
• Non audited financials.
• Sharp himself stating he couldn't get GVSI audited before he died.
• In continued violation of FINRA Rule 6490.
• FINRA Notice of Deficiency.
• SEC Rule15c2-11 violation.
• Price that has plummeted.
• Accumulation that has plummeted.
• Bloated share structure of 7 billion AS and 2.1 billion OS.
• No reverse merger anticipated in its last financial statement filed.
• A recent "merger" 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 ex-CEO who repetitively lied to and gaslighted investors, hiding important information from and stringing investors along (with fraudulent pumps) while he enriched himself (and insiders), was abrasive and uncaring about shareholders, often blaming them for his mistakes and preoccupied with other priorities like racing his ponies and attacking other stocks.
What a glowing GVSI 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
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://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.
Sharp consistantly lied about getting GVSI SEC registered and reporting, that he would refile GVSI's SEC Form 10 registration statement and never did, saying that WNFT had reached the "promised land" and would have a "business plan over the next several weeks which will include an acquisition(s)" that never materialized in September three 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 (and on life support at .0002) 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 like Lime Time who keeps telling people that GVSI "new owner will take it over soon" when that is impossible because of GVSI's SEC restriction on any corporate actions, that GVSI is "going to $10" and that "a merger is coming, soon" all the while the SEC has locked down the stock with restrictions and dumped it into Exprt Market. 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.
Not only that but Sharp NEVER filed an audited financial statement for GVSI - something the SEC demands in order to approve any of GVSI's corporate actions. GVSI is his only ticker not to have ever filed an audited financial statement.
How many times will the remaining Sharp cult need to get swindled by the pumpers on this board? It's been happening over and over and over again with diminishing returns. At this point you have to question their intelligence.
Straight from the SEC website:
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 years ago.
...and Sharp said he couldn't audit GVSI's financials.
https://twitter.com/GeorgeASharp/status/1622941929762615296?t=VGP9W25CxtdBcdTFRyWFBg&s=19
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://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...
The most recent unaudited quarterly report a year ago, which is a signed and legally binding document, says there is no merger anticipated.
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" (I'm sure it's more than a "concern") 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.
And there are no filings with the Nevada Secretary of State for a new owner no matter what pumpers may post.
So the above shows there isn't a merger even anticipated, nobody has filed to take over and FINRA has serious "concerns" about the missing audited financials which led to restrictions on all of GVSI's corporate actions. 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.
And to add insult to injury, Sharp dumped all of his 20 million GVSI common shares and then lied about never having been issued those shares.
https://twitter.com/GeorgeASharp/status/1628061908250107904?t=pFblKD1dGrf0tjrx9nTwoQ&s=19
https://twitter.com/GeorgeASharp/status/1754967133602173281?t=a1cWrhPRmvvA0Wj_ffxerQ&s=19
https://www.otcmarkets.com/file/company/financial-report/378041/content
https://www.otcmarkets.com/file/company/financial-report/391857/content
GVSI always was and continues to be a scam.
R.I.P. George Sharp and GVSI.
Hi_Lo
2週前
So glad I dont rely on crap AI DD and use real life examples of FINRA rules. This can exist forever. Will trade and a new owner will take it at NV SoS.
Winning 🚀
Google Gemini AI:
https://gemini.google.com/share/04a5822283a4
Question:
Are these statememts true about GVSI (Good Vobrations Shoes, Inc.)?
"So glad I dont rely on crap AI DD and use real life examples of FINRA rules. This (GVSI) can exist forever. Will trade and a new owner will take it at NV SoS.
Winning 🚀"
Why would somebody post this on a stock discussion board?
Specifically state if a statement is true or false and explain why.
How does George Sharp's recent death affect all of this?
Use bullet points instead of tables and give a summary at the end.
Answer:
Analysis of the Discussion Board Post
Why Someone Would Post This
This is a classic "pump" post designed to build bullish sentiment around a dead penny stock ticker. The poster uses complex regulatory jargon (FINRA rules, NV SoS) to project false authority and reassure nervous shareholders that the stock is safe and will rise ("Winning 🚀").
Fact-Checking the Statements
• "This (GVSI) can exist forever."
• FALSE. While a corporate shell can remain registered in default status for years, a company cannot economically exist "forever" without maintaining active regulatory compliance. GVSI is trapped in the Expert Market, meaning public broker-dealers are legally blocked from showing quotes or executing public trades under SEC Rule 15c2-11.
• "Will trade..."
• FALSE / HIGHLY MISLEADING. It cannot trade normally on the public retail market. It is restricted to "Unsolicited-Only" trades in the Expert Market, meaning liquidity is effectively gone, spreads are massive, and retail investors cannot easily buy or sell the stock.
• "and a new owner will take it at NV SoS."
• FALSE / IMPRACTICAL. The poster implies a new owner will seamlessly take over the shell via the Nevada Secretary of State (NV SoS). In reality, GVSI is in legal default with Nevada and chronically delinquent with the SEC. To revive it, a new owner would have to pay heavy court fees and spend tens of thousands of dollars constructing and auditing missing financial statements dating back more than a decade.
The Impact of George Sharp's Passing
George Sharp was a well-known OTC whistleblower and court-appointed custodian who stepped in to try and clean up GVSI.
• Abandonment of the Shell: Before his passing in early 2026, Sharp had already publicly stated that he was abandoning his efforts to revive GVSI because the cost of auditing its missing financials was structurally prohibitive.
• Removal of the Catalyst: His death completely eliminates the "Sharp Effect"—the speculative retail hope that his legal team would execute a reverse merger or corporate cleanup to pull the ticker out of the Expert Market.
• Permanently Stripped Value: Without Sharp or an active custodian, GVSI remains a leaderless corporate zombie with a default status in Nevada, trading at fractions of a penny ($0.0003) with no viable path forward.
Summary
The forum post is an attempt to mask a dead, highly restricted Expert Market stock (GVSI) as an accumulation opportunity. In reality, GVSI is structurally broken, missing over a decade of financial filings, and legally blocked from public retail trading. The death of its custodian, George Sharp, seals its fate, as he had already abandoned the ticker due to impossible regulatory hurdles, leaving the company with no leadership and no financial future.
Winning 🚀
Only a lying pumper would say GVSI is "winning."
GVSI is currently .0002 with .0001 no bid just days away then FINRA delete coming from the open and active SEC Administrative proceeding against it:
https://www.sec.gov/enforcement-litigation/administrative-proceedings/3-19238
.