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Good Vibrations Shoes Inc. (PINK: GVSI) Powerful Custodian SPAC Runner Making New Highs

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2 years ago

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Good Vibrations Shoes Inc. (PINK: GVSI) continues to rise steadily in recent weeks since the shakedown to sub $0.03 levels earlier this month. Currently on a blue-sky breakout GVSI is one of the most exciting and talked about stocks in small caps that has emerged as the de facto leader in small cap investors postings and viewers with a massive following of investors including many of the most experienced traders on the OTCBB. 

Microcapdaily first reported on GVSI on April 25 as the stock was just taking off from its triple zero lows stating at the time: “GVSI has transformed into a mega mover and among the most talked about stocks in small caps since reverse merger RM Whizz George Sharp stated on twitter on April 19 his lawyers were filing for custodianship of GVSI. Mr Sharp recently gained fame on the historic TSNP rise from triple zeroes to multi dollars trading hundreds of millions in dollar volume per day. GVSI currently has massive liquidity and some of the top traders in small caps behind it who are looking for another TSNP style run. 

Good Vibrations Shoes Inc. (PINK: GVSI) is a Nevada corporation, was formerly known as 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 is a perfect reverse merger candidate with a clean balance sheet of just $300k in liabilities. GS has been working hard behind the scenes getting the files up to date and the stock up listed to “pink current” an endeaver he has been highly successful at many times before. He took TSNP now HMBL to a billion-dollar market cap and several dollars per share. GVSI trades like a winner and continues to find new support at higher levels. 

ImageGVSI is a Nevada corporation, was formerly known as 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 was originally incorporated with an authorized capital of 30,000,000 shares of common stock with a par value of one cent ($0.01) per share. On December 12, 1995, the Company amended its articles of incorporation, changing its name to Virtual Technologies, Inc. and authorizing preferred stock of 5,000,000 shares at $0.25 par value. On July 22, 1996, the Company changed its legal domicile to the State of Nevada. On November 22, 1997, the Company restated the articles of incorporation, changing its name to Solpower Corporation and changing its preferred stock par value to one- tenth of one cent ($.001) per share. On December 11, 2000, at the Annual Shareholders’ Meeting, shareholders approved an amendment to the Company’s articles of incorporation to increase the authorized shares of common stock to 100,000,000. On December 22, 2007, by unanimous written action of the Board of Directors, the Company authorized a one for ten reverse split of the Company’s common stock. The reverse split was affected on January 14, 2008. All references in the financial statements and notes to the financial statements, the number of shares, change in par value to $0.001 and share amounts have been retroactively restated to reflect the reverse split. On July 1, 2013, Charles Nienstedt became the sole board member and controlling party with the issuance of a single share of preferred series A shares and 100,000,000 shares of common stock. Under the new management the company planned to change direction and enter into the software space. On June 23,2014 the company appointed Dr. Richard Koenig to the Board of Directors, and to the position of CEO of the company while simultaneously resigning Charles Neinstedt from any and all positions he held with the company at that time. On this date, the Company subsequently merged with Good Vibrations Shoes, Inc. and it exchanged 100% of Good Vibrations Shoes, Inc. common shares for the Company’s series “B” preferred share and its majority voting rights. On 4/29/2015, Dr. Richard Koenig effectively resigned as CEO and Chairman of the company, transferring ownership of his preferred shares, which hold 51% or more of the outstanding stock in the company to Emmanuel Gyamfi, who was appointed Interim CEO, Secretary and Treasurer pending an anticipated acquisition of DBA Vindai Corporation and appointment of permanent CEO. The common shares of Good Vibrations Inc. were returned to Dr. Koenig in exchange for the assignment of his preferred shares in the company to Emmanuel Gyamfi, effectively reversing the acquisition of Good Vibrations Shoes, Inc. The selling of Good Vibrations Shoes back to Dr. Koenig, and the acquisition of Vindai are considered to be a combined net $0 transaction showing no gain or loss to the Company since no current government contracts will be transferred to the company in this fiscal quarter. Due to unforeseen delays in transference of the company’s business into the Parent, the company filed with the State of Nevada for a name change to Vindai Corporation, but has not filed this change with FINRA as of yet. In December 2015, the company signed an acquisition deal to acquire Long Beard Brewing Co. and is in the process of changing its business model to micro-brew or craft beer manufacturer. 

https://twitter.com/nesra1985/status/1439368491589582854

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GVSI

Microcapdaily was one of the first on the scene as TSNP was taking off reporting on the stock on November 15, 2020 when TSNP was trading at $0.003 stating at the time: “TSNP is making a spectacular run up the charts in recent weeks quickly transforming into a volume leader and one of the top most traded stocks in small caps….” We covered GVSI as it was surpassing the $0.01 mark in April pointing out at the time: “The Company is a perfect reverse merger candidate with a clean balance sheet of just $250k in liabilities.”

GVSI took off on April 19 after GS announced on twitter: 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 (@GEORGEASHARP) APRIL 19, 2021 

GVSI was last active in 2016 when its subsidiary Company “Long Beard Brewing Company” was making moves. They announced in May 2016: “Good Vibrations Shoes, Inc. (OTCPink: GVSI) today announced that its subsidiary, Long Beard Brewing Company has been granted its Federal License to operate as a brewery, known as a Federal Brewers Notice. The approval by The Alcohol and Tobacco Tax and Trade Bureau is a requirement for anyone wanting to open a commercial brewery and distribute their craft beers, making this one of the most important steps in Long Beards goal to launch as a full-scale brewery. 

All breweries in the US must go through this complex and time-consuming licensing process that examines the company, its facilities, plans for operations as well as the background of the owners. Long Beard filed for its Federal license more than seven months ago and management is ecstatic to have the license finally granted so that the company can get operations underway. 

Although Long Beard is now a licensed brewery, the work has just begun. Plans to finish up the extensive tasting room and brewing equipment is underway, and the company looks forward to updating the public on its progress with distribution, new brews, and many events planned for the coming months. Another important step for shareholders will be the upcoming name and symbol change from Good Vibrations Shoes to Long Beard Breweries, which is awaiting FINRA approval, and expected within the next couple weeks. Once in full operation the company plans to join the successful microbreweries based on long island such as the Long Ireland Beer Co. and Blue Point Brewing Company. 

We couldn’t be more excited. explained Long Beard CEO and Co-Founder, Paul Carlin, its been a long process and we have been waiting to get started building what we believe will be one of the finest craft beer breweries on long Island, maybe even one of the finest in the country. 

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GVSI continues to rise steadily in recent weeks since the shakedown to sub $0.03 levels earlier this month. Currently on a blue-sky breakout GVSI is one of the most exciting and talked about stocks in small caps that has emerged as the de facto leader in small cap investors postings and viewers with a massive following of investors including many of the most experienced traders on the OTCBB. Microcapdaily first reported on GVSI on April 25 as the stock was just taking off from its triple zero lows stating at the time: “GVSI has transformed into a mega mover and among the most talked about stocks in small caps since reverse merger RM Whizz George Sharp stated on twitter on April 19 his lawyers were filing for custodianship of GVSI. Mr Sharp recently gained fame on the historic TSNP rise from triple zeroes to multi dollars trading hundreds of millions in dollar volume per day. GVSI currently has massive liquidity and some of the top traders in small caps behind it who are looking for another TSNP style run. Good Vibrations Shoes is a Nevada corporation, was formerly known as 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 is a perfect reverse merger candidate with a clean balance sheet of just $300k in liabilities. GS has been working hard behind the scenes getting the files up to date and the stock up listed to “pink current” an endeaver he has been highly successful at many times before. He took TSNP now HMBL to a billion-dollar market cap and several dollars per share. GVSI trades like a winner and continues to find new support at higher levels. We will be updating on GVSI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GVSI.

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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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Emerging Markets

Aemetis Inc. (NASDAQ: AMTX) Pioneers Renewable Fuel Market with EPA Approval

Published

6 days ago

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May 21, 2023

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Aemetis (NASDAQ: AMTX) shares surged 105% this week. The renewable natural gas and renewable fuels company received approval from the EPA.

Aemetis, Inc. (NASDAQ: AMTX) shares surged 105% this week. The renewable natural gas and renewable fuels company received approval from the U.S. EPA to generate renewable identification numbers (RINs) under the federal Renewable Fuel Standard. They have six dairy biogas digesters up and running, with a seventh one scheduled to start operating in June 2023.

Aemetis plans to generate multiple sources of revenue from its renewable natural gas. They will sell the gas to replace petroleum diesel in transportation, sell California Low Carbon Fuel Standard credits to fuel blenders who need to meet carbon reduction requirements in California, sell the RINs generated under the federal Renewable Fuel Standard, and benefit from production tax credits starting in 2025 under the Inflation Reduction Act.

They have completed constructing and operating six dairy digesters, a biogas pipeline spanning over 40 miles, a central facility to upgrade biogas to renewable natural gas, and a utility pipeline interconnection unit. The renewable natural gas is injected into the utility gas system and stored underground until Aemetis Biogas obtains carbon intensity (CI) pathway approvals from the California Air Resources Board (CARB) to sell credits under the California Low Carbon Fuel Standard.

They have already completed 90 days of renewable natural gas production and data collection required for the CARB approval process. While the final pathway is under review by CARB, Aemetis can use a temporary CI pathway with a value of -150, allowing them to start generating revenue in the third quarter of 2023.

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Andy Foster, the president of Aemetis Biogas Inc., expressed excitement about the approval of Aemetis Biogas for generating D3 RINs, as it marks a significant milestone towards generating full product revenue. He emphasized that the company’s investments since 2019 have directly reduced greenhouse gas pollution, improved air quality in Central Valley communities, and created jobs. Aemetis is committed to expanding their network of dairy digesters and producing more carbon-negative renewable natural gas to replace petroleum diesel.

The dairy digesters, pipeline project, and biogas-to-RNG facility funding includes grants from the California Department of Food and Agriculture and the California Energy Commission. Aemetis also closed a $25 million long-term financing deal with Greater Commercial Lending last fall, supported by a loan guarantee from the USDA. This project financing has a low fixed interest rate for the first five years and spans over 20 years.

Aemetis has plans to file applications for an additional $100 million of loans from the USDA’s REAP loan program. These funds will support the engineering, permitting, and construction of 31 more dairies. Each loan application will be limited to a maximum of $25 million and carry a 20-year repayment term.

https://twitter.com/Theweedfarmer/status/1658946668052504576?s=20

Where could Aemetis, Inc. (NASDAQ: AMTX) be in 5 years?

The company has an ambitious Five Year Plan to generate substantial revenue and reduce air and carbon pollution. The plan projects $2.0 billion in revenues, $496 million in net income, and $682 million in adjusted EBITDA by 2027, with strong compound annual growth rates. Aemetis aims to expand its operations by producing Renewable Natural Gas (RNG), Sustainable Aviation Fuel (SAF), Renewable Diesel fuel (RD), and other low-carbon products. The plan emphasizes the positive financial impact of the Inflation Reduction Act.

The plan highlights the financial benefits of the Inflation Reduction Act, which enables the transfer of tax credits and incentives related to production, projected to improve net income by $341 million in 2027.

The plan also focuses on revenue growth in all product lines, including expanding the dairy RNG business, constructing a renewable jet/diesel plant, implementing carbon sequestration, and improving energy efficiencies. 

The company has already achieved significant milestones, such as completing biogas pipeline construction, upgrading facilities for biogas-to-RNG production, and progressing in carbon sequestration and renewable jet/diesel plant development. The company has also secured a biodiesel purchase agreement in India and made strides in constructing a solar microgrid and implementing energy-efficient measures.

We will update you on AMTX when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening in the markets!

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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Emerging Markets

GSI Technology, Inc. (NASDAQ: GSIT): Pure AI Play Transforming Semiconductor Memory Solutions for Efficient AI Processing

Published

2 weeks ago

on

May 14, 2023

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GSI Technology, Inc. (NASDAQ: GSIT) has witnessed a significant surge in its stock price, from $1.62 to $3.84, at the time of writing on Friday, May 12.

GSI Technology, Inc. (NASDAQ: GSIT) has witnessed a significant surge in its stock price, from $1.62 to $3.84, at the time of writing on Friday, May 12. This represents an impressive 137% increase; the volume has been off the hook. If you look at their historical chart, $GSIT had meager volume, sometimes as low as 300 shares traded in a day. If you do the math, that’s less than $500 worth of shares traded in a day – safe to say it was virtually illiquid.

So what happened, and what drove the stock to trade 50M shares with filings or news releases?

After an in-depth examination, GSI Technology, Inc. appears to have experienced a notable turning point in its market trajectory. The catalyst for this transformation was the company’s prominent feature on Fox News, triggering an exponential dissemination of information across various platforms. It is worth highlighting an intriguing phenomenon that tends to transpire in such circumstances: purchasing shares often induces a ripple effect, encouraging further buying activity.

With Fox News bringing the company into the spotlight and stimulating investor interest, a domino effect occurred among astute day traders who eagerly seized the opportunity to partake in this promising venture. Consequently, the trading volume for GSI Technology, Inc. skyrocketed to unprecedented levels, surpassing all previously recorded thresholds.

This surge in volume stands as a testament to the immense enthusiasm that enveloped the market as traders recognized the tremendous potential inherent in $GSIT. This collective enthusiasm resulted in an extraordinary demonstration of market engagement, reflecting a widespread acknowledgment of the company’s significance and the opportunities it presents.

https://twitter.com/SamanthaLaDuc/status/1657033207412293634?s=20

This development showcases the power of influential media coverage and underscores the intriguing dynamics that can arise when investor sentiment aligns with a compelling market narrative.

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Founded in 1995, GSI Technology Inc. has established itself as a prominent provider of semiconductor memory solutions. The company is focused on introducing new products that capitalize on its core strengths, which include radiation-hardened memory products for extreme environments and Gemini, an advanced processing unit (APU) designed to enhance performance in various artificial intelligence (AI) applications. Headquartered in Sunnyvale, California, GSI Technology operates sales offices in the Americas, Europe, and Asia.

GSI Technology is on the verge of reporting its earnings next week, and the company operates in the storage business, which supports the development of highly efficient AI chips. Traditionally, computing involves separate chips for storage and computation, necessitating frequent data exchange. This process incurs significant power consumption and presents scalability challenges.

To address these limitations, GSI Technology has developed a groundbreaking solution called In-memory processing. This innovation substantially reduces computation time from minutes to seconds, milliseconds, or even microseconds. Notably, it also significantly diminishes power consumption and overall cost of ownership. The key to this improvement lies in the massive parallel data processing offered by GSI’s technology, featuring two million-bit processors per chip compared to thousands found in standard graphic processing units (GPUs). Consequently, the system becomes more scalable, enabling efficient and accelerated AI processing.

By streamlining the computing process and integrating storage and computation on a single chip, GSI Technology aims to revolutionize AI processing. This approach offers notable benefits regarding power efficiency, computational speed, and scalability, making it an attractive solution for a wide range of AI applications.

In conclusion, GSI Technology, Inc. is poised to deliver innovative semiconductor memory solutions emphasizing AI chip development. The company aims to reduce computation time, power consumption, and total ownership cost through its In-memory processing technology while significantly improving scalability. With its upcoming earnings report, investors and industry observers will closely watch the company’s progress in the storage business and AI chip development.

We will update you on GSIT when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening with GSIT.

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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Emerging Markets

Chinese Nasdaq listings the next meme stock rally?

Published

4 weeks ago

on

April 28, 2023

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Small and micro-cap Chinese companies listed in the U.S. are experiencing a surge in share prices, similar to the 2020 meme rallies during COVID.

Small and micro-cap Chinese companies listed in the U.S. are experiencing a surge in share prices, similar to the 2020 meme rallies during COVID. These rallies appear driven by social media sites used by individual traders and financial influencers.

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Online brokerage firm Top Financial Group $TOP stock rose by nearly 4000% from $6.90 to $250 per share, while Magic Empire Global $MEGL stock jumped over 400% to $4.56 per share. 

Both stocks are now popular among retail investors on Stocktwits, Twitter, Discord, Reddit – you name it. Two other companies, Top KingWin $TCJH and U Power $UCAR, also saw their shares rise by 130% and 105%, respectively.

Thoughts from retail traders

With $TOP and $MEGL being the talk of the town, it’s safe to say that they have gained massive popularity online. Their growth and buzz are reminiscent of $AMC and $BB during their respective rallies in previous years. Some of the largest traders with over 1M followings have these stocks on their radar.

What does the NASDAQ have to say?

The NASDAQ regulatory body has a history of caution toward these kinds of investments. In October 2022, they stopped preparations for over four other micro-cap Chinese IPOs due to short-lived rallies following their debuts. Furthermore, U.S. exchanges and FINRA have issued warnings regarding the increased likelihood of fraud, especially in the IPOs of small companies, which are often influenced by social media-driven pump-and-dump schemes like the infamous “pig butchering” tactic.

Chinese Macro backdrop

While there was a significant sell-off just two weeks ago when China implemented stricter regulations regarding generative AI systems like ChatGPT, Chinese stocks are again on the rise. This is primarily due to the positive earnings forecast of electric car giant BYD and Chinese banks, which has sparked optimism in the market. The volatility of Hong Kong stocks over the past year far surpasses the meme stock frenzy of 2021, and savvy traders who can accurately time the market and make sound exit decisions are reaping significant profits. However, this requires long hours of tracking trends and charts, and those not up for the challenge risk losing everything by the following day.

We will update our subscribers when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening with China meme stocks.

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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