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Tuesday, February 7, 2023

Good Vibrations Shoes Inc (OTCMKTS: GVSI) Breaking Out Over $0.03 as RM One Step Away from Moving off Expert & Going Pink (2 Years of Annual Statements Filed Thursday)

Good Vibrations Shoes Inc (OTCMKTS: GVSI) continues to move steadily higher hitting $0.0334 highs on Thursday after the Company filed annual statements for both 2021 and 2022 putting the move to “pink limited” imminent with the filing of the attorney’s letter. GVSI is a George Sharp Custodian/reverse merger that is currently under heavy accumulation by Canadian buyers. Once the stock is pink current and opens up to US buyers trading volume should increase exponentially. Mr. Sharp is famous for winners such as FORW, SRNW and especially TSNP which ran from triple zeroes to over $7 per share on a 4.5 billion shares float. 

GVSI is the only Geroge Sharp RM that has not yet made its run but the time has come as the stock runs steadily higher. GVSI originally ran during summer 2021 after Mr. Sharp was appointed custodian and ran to highs of $0.077 at the time. Besides preparing to move off the expert market to pink GVSI has some major share cancelations planned. According to Mr. Sharp: “Paul Carlins’s GVSI shares cannot be sold as they are restricted. The preferred “A” will be cancelled. It is an unreasonable calls that was created by previous management, but now owned by me. GVSI will soon be filing with the court to cancel a large portion of the common shares.” An action that will leave GVSI with an OS of well under 2 billion. We will be updating on GVSI when more details emerge so make sure you are subscribed to investmillion.com by entering your email below. 

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GVSI Stock Price and Chart — OTC:GVSI — TradingViewGood Vibrations Shoes Inc (OTCMKTS: GVSI) is a perfect reverse merger candidate and highly attractive to a revenue generating growth stage Company looking to gain access to the capital markets. GVSI is debt free and clean with everything done right by Mr. George Sharp, a stock and reverse merger whizz known for some of the biggest success in recent penny stock history. Now GVSI “pink limited” is coming as Mr. Sharp tweeted himself on January 5: “I expect GVSI to file its financials with OTC Markets well before the end of January. As I understand it, the Company will soon after progress to the Pink Limited tier until OTCM has had a chance to review the financials and have its questions answered.” On Thursday GVSI filed annual statements for both 2021 and 2022 putting the move to “pink limited” imminent with the filing of the attorney’s letter.

As we said in our last article as GVSI was cruising past $0.02, a move to pink current and GVSI volume will increase exponentially making GVSI a volume leader on the bulletin boards. Reverse merger stocks can be more explosive than biotechs as was the case withTSNP/HMBL   

Court granted George Sharp custodianship of $GVSI !!! : r/pennystocksOn April 20, 2021, Mr. George Sharp filed his Complaint for Appointment of Custodian Pursuant to NRS 78.347 and for Injunctive Relief. At the same time as the filing of the Complaint, Mr. Sharp also filed an Emergency Motion for Appointment of Custodian Pursuant to NRS 78.347 and for Temporary Restraining Order for Mandatory Injunctive Relief and the Declaration of George Sharp in Support of Emergency Motion for Appointment of Custodian Pursuant to NRS 78.347 and for Temporary Restraining Order and mandatory Injunctive Relief Motion. The Court entered its Order to File requiring Mr. Sharp’s counsel to amil and email the Complaint, Motion, Declaration and Order to the registered agent for the Company on April 21, 2021, which was done, and on April 23, 2021, the filing occurred in response to the Court’s Order to File. The defendants failed to respond to the Motion. On May 4, 2021, the Court entered its Order Appointing Custodian, appointing George Sharp as Custodian over the Company. 

On July 8, 2022. Mr. Sharp reinstated the corporation with the Nevada Secretary of State and filed an Amendment to the Articles of Incorporation. In addition, Mr. Sharp unwound a series of corporate actions by previous management that had no documentary support with either the Nevada Secretary of State’s Office or OTC Markets. Mr. Sharp paid all fees due and past debt to the Company’s transfer agent. He also settled certain corporate debts. Mr. Sharp filed his Motion to Require Written Proof of Claim, seeking a court order requiring all claimants and creditors of the Company to submit written proofs of claim to him as Custodian so the Company could identify and resolve such claims against it and he as Custodian could form a plan for the Company moving forward. This Motion to Require Written Proof of Claim was unopposed and submitted to the Court for decision. On August 16, 2022, the Court entered its Order Granting Motion to Require Written Proof of Claim and a Notice of Entry of Order was filed that same day. 

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GVSI

Management Team - Forwardly, Inc. (FORW)No written proofs of claim were to be submitted by the deadline of September 15, 2022. On September 26, 2022, Mr. Sharp filed his Motion to Bar Claims, seeking an order providing that any and all claims are barred and the claimants and creditors should be barred from later bringing any claims against the Company. The Motion to Bar Claims was unopposed. On October 13, 2022, the Court entered its Order Barring All Claims and a Notice of Entry of Order Barring All Claims was entered that same day. As a result of the foregoing, it was ordered, adjudged and decreed that the Motion was grated, Mr. Sharp has satisfactorily completed his duties as Custodian, the actions of Mr. Sharp as Custodian were approved, and that the Custodianship of the Company is hereby terminated as of November 30, 2022. As a result of this action, the Company’s financial statements have been retroactively adjusted for this action to not make them misleading. The only liabilities as of December 31, 2022 relate to corporate expenditures incurred and paid for by the company’s CEO, George Sharp above the $50,000 previously provided for in May 2021. 

GVSI was a beverage company prior to 2018 and dissolving. On May 4, 2021, the Company was formally revived and George Sharp was appointed custodian, and has conducted no business to date, other than numerous court motions to bar all claims which as of October 13, 2022 the Second Judicial District Court of the State of Nevada in and for Washoe County (Case number CV21-00710 provided for any claims against the Company that became due and owing before September 15, 2022 and hereby barred and any creditors or claimants holding claims that became due and owing before September 15, 2022 are hereby barred from pursuing those claims against the Company. As a result of this action, the Company’s financial statements have been retroactively adjusted for this action to not make them misleading. The only liabilities as of December 31, 2022 relate to corporate expenditures incurred and paid for by the company’s CEO, George Sharp above the $50,000 previously provided for in May 2021. In recognition of the $50,000 cash invested and $50,000 in consulting fees for professional and regulatory fees to reinstate the Company, George Sharp was issued 300,000 preferred shares with 10,000 votes for each share of preferred stock to give voting control to Mr. Sharp.  

HokieHead on Twitter: "$GVSI 6s up and 90% can't buy 😂, talk about a beast. Current status it's $0.08-$0.10 for starters. Congrats to those that held and those able to add. SharpGeorge Sharp is a well-known activist for truth in the microcap market and work with public companies to help them stay on-side of the regulations, as well as arrange financing, assist with investor outreach. Mr. Sharp also consults with financial markets, regulators, authorities and attorneys. Mr. Sharps experience with OTC Markets enabled him to begin services in 2018 to listed companies who wished to reinstate or maintain their good standing and bring asset value to their shareholders.  He also worked for many years as a highly regarded consultant to companies with legacy computer software systems written for the now antiquated Microsoft DOS operating system. He served such clients as Worldvision, Garden Fresh Restaurant Corporation and Nantucket Corporation.  

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Currently making a powerful move northbound since a brief dip below $0.01 in December GVSI is debt free, clean and a highly desirable reverse merger candidate. George Sharp has proved his power many times in the past and TSNP ran to $7 on an OS of 4.5 billion compared to what will be well under 2 billion shares on GVSI. The stock has quickly attracted a massive international following especially in Canada where the stock now has 1000s of investors. Once GVSI opens up to US buyers which looks to be imminent, GVSI will transform into a volume leader on the bulletin boards. We will be updating on GVSI when more details emerge so make sure you are subscribed to investmillion.com by entering your email below.

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Disclosure: we hold no position in GVSI either long or short and we have not been compensated for this article.

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