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Monday, October 18, 2021

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

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. 

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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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