GNCC Capital Inc (GNCP)

[diamondguru-one]

cash flow positive!!! FACTS ONLY !!

GNCC’s Press Release dated August 12, 2014 stated that “At present, with its initial two operational sites, Gold Coast is expected to generate annual net revenues of $1.6 million and Annual Gross Gaming of $4,500,000.” This statement is hereby revised, as follows:-

“At present, with its initial two operational Arcades, Gold Coast is expected to generate Annual Gross Gaming in this fiscal year ending September 30, 2015, of $11,000,000, this excludes the impact of further acquisitions.”

Furthermore, this statement in that same Press Release dated August 12, 2014, “That Management expects that Gold Coast will own and operate no less than six such operations by October 31, 2014. This is expected to result in annual net revenues of $5 million and Gross Gaming of $15 million”; is hereby revised as follows:-

“Management expects that Gold Coast will own and operate no less than four such operations by December 31, 2014. This is expected to result in annual Gross Gaming of $22 million. The anticipated acquisition of two additional Gaming Arcades in the Second Quarter ending March 31, 2015, bringing the number of Arcades to six, is expected to result in annual Gross Gaming of $33 million.”


twist it anyway you like....FACTS are FACTS !!!! its CASH FLOW POSITIVE !!!! REVENUES !!! PERIOD !!!!Goooo GNCP !!!