Business
Good Vibrations Shoes is acquired by Vindai Corporation in bid to dominate multi billion dollar police body camera industry to protect citizens from police brutality
Good Vibrations Shoes is acquired by Vindai Corporation in bid to dominate multi billion dollar police body camera industry to protect citizens from police brutality.
About this update from Good Vibrations Shoes Inc.
[{"type":"text","content":"\n\n\n\nGood Vibrations Shoes is acquired by Vindai Corporation in bid to dominate multi billion dollar police body camera industry to protect citizens from police brutality\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGood Vibrations Shoes is acquired by Vindai Corporation in bid to dominate multi billion dollar police body camera industry to protect citizens from police brutality\nPR Newswire\nNEW YORK, July 27, 2015\n\n\n\nNEW YORK, July 27, 2015 /PRNewswire/ -- Good Vibrations Shoes, Inc. (OTCPink: GVSI) today announced that Vindai Corporation has acquired the company. Vindai specializes in developing and supplying equipment, including body cameras, to law enforcement, military, and large private security firms in order to protect citizens from the officer brutality, and abuse of power that seems to be sweeping the nation. \n\nUnder the new business, the company will focus on the fulfillment of government and large commercial contracts to expand its market share, and more aggressively move forward with several new patentable technologies that Vindai says will completely change several industries, including law enforcement, forever. The company's new experimental technologies could represent over a dozen new patents, and the company points out that many of the new, top-secret projects have a wide variety of applications such as extending mobile device battery life to 48 hours or more, and allowing them to be charged in 30 seconds or less.  In developing solutions for the problems that wearable body cameras face, the company has identified several other applications for its new technology. Once perfected, these advances can help to make Vindai Corporation a leader in several multi-billion dollar industries, including the body camera industry, which the company feels is on the verge of immense growth. \n\nAs part of the resulting restructuring, former CEO, Dr. Richard Koenig, and the rest of the Good Vibrations Board of Directors have resigned, and have been replaced by an interim CEO, who will oversee the transition of Vindai's business model to Good Vibra...