GNCC Capital Inc (GNCP)

[stervc]

Why no GNCP reverse split…

From doing my math, I believe that the majority of the Outstanding Shares (OS) is made up of restricted shares. I am guessing that they will eventually raise the Authorized Shares (AS) to compensate for the OS being maxed out.

It’s only a guess, but I think a strong guess due to the fact that the five entities that provided them the $10,000,000 each got 91,000,000 shares of GNCP. I would like to think that there is no way in heck they would reverse split their major support as confirmed from the filing below:

SEARCHLIGHT EXPLORATION, LLC owns 93,100,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111993

MACY OCEAN ENTERPRISES, INC. owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111992

CASTLEWOOD CAPITAL GROUP, S.A owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111991

EMERALD INTERNATIONAL CORPORATION owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111990

ARTCO CAPITAL LTD owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111989

It just wouldn’t make sense to give away a total of 457,000,000 Restricted Shares of GNCP to 5 companies that are providing you the $10,000,000 for the WHITE HILLS GOLD EXPLORATION, INC. project to reverse split them. Again, I could be wrong, but it would make sense to reverse split your primary support. If a reverse split would have been in the plans, they would have waited to provide such $10,000,000 support after the reverse split would have first been done. This is why I truly believe that we have no concerns about a reverse split happening here with GNCP.

v/r
Sterling