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Friday, January 27, 2023

Good Vibrations Shoes Inc (OTCMKTS: GVSI) Red Hot as Reverse Merger Set to Leave Expert Market & Move to OTCIQ

Good Vibrations Shoes Inc (OTCMKTS: GVSI) is making an explosive move up the charts rocketing up 34% on Wednesday on $260,000 in dollar volume after RM Stock Whizz George Sharp tweeted that GVSI has received confirmation from OTC Markets that its application for access to OTCIQ has been approved” putting GVSI on a direct path to “pink current” This is enormous news for GVSI which has largely only been available to Canadian buyers as the stock trades on the expert market. Soon GVSI will be tradable to US buyers and the excitement around this event is building quickly with many top penny stock speculators heavily accumulating here. 

Reverse Merger stocks can be more explosive than biotech’s when the incoming Company has real value and George Sharp has been part of some of the most explosive RM plays of them all. TSNP/HMBL went from well under a penny to over $7 per share, even FORW skyrocketed to highs near $1. Long term SRNW has been one of this most successful rocketing up from under a penny to recent highs of $2.75. Everyone wondered when GVSI time would come and it looks like GVSI time is upon us as the stock rockets northbound with little resistance in its path. We will update on GVSI so make sure you are subscribed to Newsytrends by entering your email below. 

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Good Vibrations Shoes inc. - Boynton Beach, FL - AlignableGood Vibrations Shoes Inc (OTCMKTS: GVSI) is a clean shell, virtually debt free and a perfect reverse merger candidate. The GSVI story started when George Sharp tweeted on April 19, 2021 his lawyers were filing for custodianship of GVSI. Mr. Sharp recently gained fame as the most successful rm specialists currently operating in penny stocks and investors are expecting big things from GVSI.

George Sharp has been busy on twitter tweeting over the past few days that the courts have terminated the GVSI custodianship and the Company is no longer under court supervision. He stated that “GVSI continues to work with OTC Markets, providing responses to information requests. As are all entities which oversee pubcos, OTCM has a backlog & communications are slow, but we are encouraged & believe that we are close to an approval for our application for access to OTCIQ.” 

On December 12 Mr. Sharp tweeted: “$GVSI is also preparing a request to the courts to cancel a significant portion of the outstanding common shares.” 

On Wednesday, December 14 Mr. Sharp tweeted: “$GVSI has just received confirmation from OTC Markets that its application for access to OTCIQ has been approved pending payment of the forthcoming invoice. 

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GVSI history: Good Vibrations Shoes, Inc. a Nevada corporation, was formerly known as Landmark Technology Group, Inc., Bitcoin Collect, Inc., Solpower Corp., Virtual Technologies, Inc. and Dynafuel Corporation, which was incorporated under the laws of the State of Utah on June 7, 1982. The Company most recently operated a wholly owned subsidiary business called Long Beard Brewing Company, which is a “craft brewery” or “micro brewery” based in Long Island, New York. Since 2016, the Company has been dormant and in May 2021, a new custodian took over and will focus his efforts on developing a strategy for this company moving forward, including identifying suitable targets for acquisition. The Company sold its Long Beard Brewing subsidiary during March 2017 and has had no operations since 2017. On May 4, 2021, custodianship of the Company was awarded to George Sharp. There is a good subreddit on this here.

GVSI is a clean shell virtually debt free with $207,000 in total liabilities which includes a note payable for $182k and accounts payable for $25k. This makes GVSI a highly attractive reverse merger candidate for any Company looking to gain access to the capital markets.  The stock skyrocketed on April 19, 2021 after Goerge Sharp tweeted his lawyers were filing for custodianship of GVSI to highs near $0.08 per share but dropped below a penny this past summer as the stock failed to move off EM. 

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Currently trading at a $40 million market valuation GVSI os is 2,405,413,500. the Company recently tweeted it is preparing a request to the courts to cancel a significant portion of the outstanding common shares which will bring down the market cap significantly. GVSI is an exciting story developing in small caps; trading $250,000 a day on the expert market, speculators are rightly pointing out GVSI will be a volume leader once it goes “pink current” With GS behind it, GVSI reverse merger is currently under accumulation by some of the top penny stocks speculators in the market. We will be updating on GVSI when more details emerge so make sure you are subscribed to newsytrends.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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