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Monday, October 25, 2021

Reinstated / SPAC / Custodianship; the Rise of Good Vibrations Shoes Inc. (PINK: GVSI)

Good Vibrations Shoes Inc. (PINK: GVSI) has continued northbound in recent trading rocketing up the charts and surpassing $0.051 mark on Monday. The stock is seeing another banner day trading well over $20 million in dollar volume reminiscent of TSNP when it was trading at current price levels. Microcapdaily called GVSI perfectly with our article on April 25 as GVSI was surpassing the $0.01 mark and headlined into copper land suggesting a powerful comeback was brewing. GVSI is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.0513 and its blue skies ahead for the new George Sharp runner GVSI.  

GVSI has been in play ever 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. Since George Sharp gained full custodianship of GVSI things have been moving forward quickly; on Friday GVSI was reinstated. 

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 $250k in liabilities.  

GVSI was incorporated in Utah in 1982 as Dynafuel Corporation and its original business involved research and development of an experimental fuel using alcohol and other chemicals in a proprietary combination to produce a gasoline-like motor fuel. In July 1996, the Company merged into a newly-formed subsidiary incorporated in Nevada to change the Company’s corporate domicile. In November 1996, the Company entered into a licensing agreement with Dominion Capital Pty Ltd. to acquire the exclusive manufacturing, distribution, marketing and sales rights for Soltron ® in the United States, Canada and Mexico. As a result of entering into this licensing agreement, Dominion Capital and its affiliates gained control of Solpower and a new Board of Directors and new management were installed. A corporate philosophy of acquiring and commercializing environmentally friendly products was initiated. In June 1998, the Company entered into a second licensing agreement with Dominion Capital and acquired the exclusive manufacturing, distribution, marketing and sales rights for the product SP34E™ in the United States, Canada and Mexico.  In December 2000, the Company acquired the E*COR enzyme division of Perix Industries, Inc., including all the rights to the KLEAN product line.   KLEAN is a line of enzyme-based cleaners and bio-remediation and petroleum deposit control agents.  The Company discontinued the KLEAN product line in the fiscal year ended March 31, 2003. 

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Microcapdaily first covered GVSI on April 25 when the stock was around $0.01 stating at the time: “Good Vibrations Shoes Inc. (PINK: GVSI) has been skyrocketing up the charts in recent weeks quickly transforming into a top traded stocks in small caps. Volume has been picking up significantly in recent days with GVSI trading over $14 million in dollar volume on Friday alone as some of the top penny stock speculators jump onto the GVSI train.” 

The last press release was June 8, 2016, the Company reported Good Vibrations Shoes, Inc. (OTCPink: GVSI) announced today that its subsidiary company, Long Beard Breweries, Inc. has received approval for the build-out of its brewery and tasting room in Riverhead Long Island. Long Beard has been waiting for the permit so they can get started on what they consider to be one of the most important aspects of their business. More than just a place to brew their craft beer, the company’s Riverhead tasting room will be a space within the brewery where guests may come to purchase and sample Long Beard’s wonderful craft beer, meet the people at Long Beard, and experience the brewery’s culture, and environment, a very important part of building a loyal customer base.  

Current plans have the tasting room slated to be the largest in Riverhead at close to 1000 square feet. Company CEO, Paul Carlin describes it by saying, “The feel of the Long Beard tasting room is going to be something along the lines of old Norse hall meets rustic mountain lodge. There will be lots of rough sawed wood, earth tones and a Viking Ship!! That’s right, the impressive “U” shaped serving bar will literally be the bow of a Viking ship complete with a drop-down antler chandelier.” He goes on to say, “We will also have a huge 12 x 4-foot hall table made from thick wood, just like the ones you’d see in the old Viking banquet halls. We will have outside seating; a gourmet food truck and a little rec area for cornhole or something similar, and of course live music will also be incorporated. It is going to be the type of place that once you are there, you’re never going to want to leave.” 

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Good Vibrations Shoes Inc. (PINK: GVSI) has continued northbound in recent trading rocketing up the charts and surpassing $0.051 mark on Monday. The stock is seeing another banner day trading well over $20 million in dollar volume reminiscent of TSNP when it was trading at current price levels. Microcapdaily called GVSI perfectly with our article on April 25 as GVSI was surpassing the $0.01 mark and headlined into copper land suggesting a powerful comeback was brewing. GVSI is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.0513 and its blue skies ahead for the new George Sharp runner GVSI. GVSI has been in play ever 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. Since George Sharp gained full custodianship of GVSI things have been moving forward quickly; on Friday GVSI was reinstated. 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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