CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) August 2, 2016 GOOD VIBRATIONS SHOES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) NEVADA 000-29780 (Commission File Number) (IRS Employer Identification No.) 87-0384678 24 East Second Street Riverhead, NY 11901 Address of principal executive offices) Las Vegas, NV (Zip Code) 89169-6014 Registrants telephone number, including area code 602-530-8490 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A2 below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 8 Other Events Item 8.01 Other Events. On August 2, 2016, V2IP, Inc., a Florida registered foreign corporation (the Plaintiff) was granted by the Circuit Court of the Twelfth Judicial Circuit, In And For Desoto County, Florida Civil Division, and Agreed Order Approving Settlement Agreement and Stipulation for Dismissal against Good Vibrations Shoes, Inc. (the Defendant) to settle a collection action against the Defendant. Under the terms of the Settlement Agreement (the Settlement) Defendant will issue and exchange securities for debt with the Plaintiff. Plaintiff owns bona fide claims (Claims) against Defendant in the aggregate amount of Two Hundred Ninety Nine Thousand Nine Hundred Forty Dollars and Zero Cents ($299,940.00). Plaintiff has agreed to the Settlement and believes that it to be sufficiently fair. Defendants board of directors has considered the Settlement and has resolved that its terms and conditions are fair to, and in the best interest of, Defendant and its stockholders. The securities of the Defendant shall be issued to the Plaintiff in exchange for the Claims Plaintiff has against Defendant and shall be issued in accordance with the Settlement which is in accordance with Section 3(a)(10) of the Securities Act and Rule 69W-500.014 F.A.C. and shall be freely tradable and unrestricted. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GOOD VIBRATIONS SHOES, INC. Paul Carlin By:/s/ Date August 5, 2016 Name: Paul Carlin CEO