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Another good thing is hemp can be used for paper. They can use the paper for printing the certificates when investors get sucked into a cert pull. Otherwise it might cause a world wide paper shortage.
The good thing for scammers convincing suckers to do a cert pull; is all those pulling cant sell; while those convincing them, can keep feeding any bid.
Well the good news is none of the done deals are really done,,,, again.
Next year there could be a crop if someone lends GNCP money and they get some seeds, equipment, land and employees. The loan will be more than profits or even revenue. After that they will have some hemp that can be sold on the South African market for 100's of Rands.
I wonder if they will plant 1 or 2 acres in the inaugural year.
If PDIV took it over for free and GNCP was worth that much. That math is like how your mine asset valuation works. The critical thinking here is lacking.
If you buy a $500,000 house and get a mortgage for $500,000 do you think you are $500,000 richer? That is your math.
The more you read here the more it makes sense how the DD can be so bad and how people believe in the naked short theories.
They havent explored and they say right in financials they are not going spend money on it.
Having traded real exploration companies for years, it was easy to see how this isnt one.
There are zero releases about exploration. Nearly 100 filings on trading statistics. ZERO on exploration. FACT.
THAT IS ALL YOU EVER NEEDED TO KNOW.
This company or none of sisters have ever had ANYTHING TO DO WITH GOLD EXPLORATION.
As far ad swaps, someone probably wanted a property so they swapped it back for another one so it could get sold by the owner.
No filing has Nov 20th. Add a week to whatever day it is, to get the companys current expected filing date.
OCT 31 - https://backend.otcmarkets.com/otcapi/company/financial-report/233191/content
NO they don't
They have no cash. What would make you think that? They told you that?
It is suspended from trading FOR A DECADE. A DECADE.
Ended with 2 trillion shares after reverse splits equaling 1 for 30,000. That means it would have had 60,000,000,000,000,000 shares without the reverse splits. A billion is too many for a stock like that.
The 20th is the day that everyone will wait for an excuse to come out explaining that when they said the 20th they actually meant something else that meant next week.
But the next week there will be unforeseen circumstance that puts its off another week. Then there is holidays.
After a few more weeks of that the company will state that they will not be held to deadlines.
After a few weeks they will say sorry and they didn't realise their shareholder interaction wasn't up to the level they hoped for.
Then they will release a tweet that will explain when a news release is coming that will give a future date for an actual filing that will explain everything they want you to know.
But that is in the future, and by then they will be near completion of a very big deal and the other party will say they can't release any information for at least 6 months.
So all the sisters are delisted and were diluted to the max and stopped trading. GNCP is now there as well.
Math and critical thinking are not their strong points. They work with imagination a lot better.
Thanks, That confirms what I have said. No naked shorts. Manipulation is from pumping on stock board to get interest in stocks. PUMP AND DUMP. To large manipulation anywhere as well. $31 million over 3000 stocks. About 10,000 a stock, maybe some had 100,000. GNCP adds more than that ever week in dilution on average.
You are missing the large target focusing on irrelevant small facts.
They think that real traders or MM have something to do with a dead shell. lMAO. They want gains of 10,000% and need imaginary shorts of 10,000% to go with it. They don't understand that a short of 30% on a real stock is huge. 30% on GNCP is less what the company adds every year. The problem is and always has been dilution. A company in GNCP exploration stage should have 20 million shares and over 300 million is already too many.
The main thing the newbies miss is GNCP and the sisters never had any real assets and are not worth anything. The mining deals were just as over valued as BIOCANN. BIOCANN doesn't even exist and yet GNCP announced they bought it for $120 MILLION. It was worth $1000. The mining assets are exactly the same. No different than the preferreds of FFGO that were worth NOTHING.
They miss all the issues were they were screwed right over on. Such as the common share vote that never happened. This vote required conversion that NEVER HAPPENED. That means preferreds illegally voted the deal with shares that have NO VOTE.
There isn't enough volume on GNCP to account for any major naked shorting. Usually the theory comes out when massive conversion happens but it is not known till months later. Like on GNCP. GNCP went from 300 million to 16 BILLLION and it wasn't announced. Everyone was sure it was naked shorting but it again wasn't. Just last year 3.5 BILLION were added and no one also knew about it until later.
Another pump and dump! Talking up stocks on boards to sell them. Have you seen that before?
Just like GNCP was canceling shares less than 2 months ago. Now it has tripled again instead.
Well explain how that works because that is the exact opposite of Alan's theory.
You say they are not reported and he incorrectly says they are reported on FINRA. Are the trades reported to the consolidated tape? Drug dealers wouldn't do that. So the short trades your talking about are 100% invisible?? No trade report, no settlement no anything?
The fact is the stock is severely overvalued at 0.0001 because the assets are not worth what the preferreds are worth. Shorts are not the problem.
There are no legal or illegal shorts on GNCP. Nor the sisters. Dont be a fool it is share selling.
Nothing in your link states shorts on GNCP.
There are no shorts on GNCP. Saying shorts are the problem is not seeing the very clear problem. It is a dishonest distraction from the problem which weak of mind fall for.
Take a break from a decade of negative posting on shorting. FINRA does not report shorts and an inability to understand that shows it all. They clealy state they do not. You twist information to fit an agenda. The problem with GNCP has never been shorts. You are misleading people.
Not short numbers. Finra doesnt report short numbers. Maybe you should read what FINRA reports before misleading people.
Did you email the company yet?
Those are not short sales. FINRS does not report short sales. Read the site. You do not understand and never have. You are misleading people.
Thats not what they say.
Same reason GNCP got current. It lets affiliates and insiders have an easier time dumping shares.
How many preferreds or convertible debt does PDIV have, that are old enough to presently convert? Anyone know? What is the conversion ratio. The new ones are not but that is just the typical distraction, those are for later. If there aren't any, expect no action or news for awhile.
Financials will not make this run since there can be nothing good in them. There are over a 100,000 shares that are not restricted that are also not in the float.
Nothing states they won't add more shares or haven't already, you can't find out until long after it has happened.
PDIV has no control over whether or not restricted shares become unrestricted or converted. They have signed agreements with the preferreds to the opposite effect. They might have no intention of it; but they also have no control over it. It is not up to them unless they are saying that all the preferreds and the management are in the same boat; basically all are the same one person. Whether or not this is true, I doubt they would say it.
It is unlikely the agreements are not word for word the same as the GNCP agreements; since they all deal with the same people on both sides of the contract. Those agreements state the company must convert if they are asked.
The definition of Presently is not necessarily a month or even a week. When presently ends, you will find out when everyone is complaining about the short selling which is really just conversion. The conversion will be announced months later when the 'short theory' is cemented in newbies head again.
So there was short covering at 100% and there is now 33% less shorts.
While facts are being made up, I thought I would as well.
FINRA doesn't report short sales, Alan is making up the numbers.
It will interesting to see how much debt and convertible stock there actually is, so far, in a company with zero real assets.
How long?
There is one guy running everything. He makes a lot selling shares and has to have time to spend it. You cant expect he is working on all these companies every day or even week.
The details of the covenants also have to be released then. Dividend rate, conversion factor etc. IF they draw out that release until there is a lot released there is zero chance that the average OTC investor will have the patience to read them. It could take 5-10 minutes.
If affiliates/insiders converted all the preferreds inorder to dilute all the common shares down to nothing, they wouldn't have any preferred shares. I didn't see them wanting to do that, but that must be part of the plan. The forest was shrinking
The plan of transferring preferreds to PDIV does both jobs. The preferreds still have preferreds (in PDIV now) and all the GNCP preferreds are converted. It's a brilliant move to fade GNCP away. Once PDIV owns 95% of GNCP they can either 'squeeze out' or 'freeze out' the rest of the 21 billion minority shareholders who will only have 5%.
Affiliates/insiders also get the customary 'double up'; similar to when they converted loans to preferreds, preferreds to common, and then common to preferreds. (This doesn't count the interest of loans or the dividends on preferreds.) It is a constant increase that allows continuous conversion to common shares to sell for a profit! Brilliant! Cheered along the whole time by the common shares the whole time as they blame shorts!!
but the trees kept voting for the axe
as its handle was made of wood
and they thought it was one of them.
As far as a squeeze out, 0.00005 buyout is wrong. PDIV clearly states in the releases they have a conversion price of 0.0001 (from double paying the preferreds). I believe this is being stated as a lead into the 'freeze out' process. That is the price that will legally have to pay GNCP common shareholders according to Wyoming minority share holder protection laws.
Here is one option that fits the facts.
When there is 800 billion common shares they can announce that PDIV is buying GNCP for a 100 MILLION DOLLLARS.
1) DEBT holders etc will get 20 million. (there will be something)
2) 800 billion Common share holders will get 80 million, PDIV will get 78 million and 20 billion common shareholders will get 2 million.
I'm impressed with some of the moves. There is one aspect I had not considered until a few days ago with the 'hostile reverse merger', for lack of a better word.
If affiliates/insiders had converted ALL of the preferreds and then did a reverse split with a merger, they would then have no preferreds, and common shares in PDIV. This is move brilliantly gets around all that.
1) By trading the GNCP preferreds for PDIV preferreds affiliates/insiders keep total control and receive future dividends. The dividends provide free shares so any conversion doesn't eventually eat up the preferreds.
2) PDIV does the conversion so the affiliates don't have to. That keeps affiliates/insiders from listing as insiders but in reality still keeps them firmly in control.
The results are the same for GNCP common. GNCP common is eliminated. GNCP is taken over through conversion with common shareholders losing next to everything. Assets will be moved to PDIV. Most PDIV shares are held by insiders and the preferreds that have been, and will be issued will maintain all control under any circumstance.
IT gets rid of the whole GNCP debacle, wipes the slate clean and there is whole new shell all primed with shares to sell. The new PDIV shareholders will say this time is different. The old shareholders can't risk that this time might be different, and will get in lemming line up for the cliff.
So your saying CDEL is selling the converted shares for insiders?
When there is 5 days total of $300 in trades - 'very active' is an exaggeration. Since the start of the month, 13 days trading, there has only been just over $2,000 in trades. There is nothing active, any bid at 0.0001 will get filled, no matter what the size.
How big is a meeting when one person makes all the decisions?
I really enjoy watching your reaction to end of GNCP, the lack of interest in buying GNCP and learning the final chapter in the sisters is happening.
It will take some time to complete because getting shareholders to quit one by one is a better plan than all at once. They often attempt a revolt/lawsuit then. Letting some see a ray of light is the best way to have them all quit over an extended time period.
Some will never be able to man up to it.
Why do you write PDIV / GNCP. PDIV is doing a hostile takeover of GNCP? Posting on Ihub will not effect that. Simple common shareholders on GNCP do not have a say in this transaction. I can see the pressure is getting to you, but the issues around the preferred shares was something that was explained to you last year. Also the lack of assets.
They don't magically disappear. That is how they were created. Did you think they were real? Did you see a copy of one? Who had them to start with, look on that companies web page and ask them or read their financials. No company in a billion dollar deal won't have a web page, or is that part of magic?
Did they find 6 billion? Or maybe more like a few million? This difference is where your big problem lies.
At the end of the month in 3 weeks, everyone can finally see how many shares GNCP ahs added. It has just been the tip of the iceberg so far, they might be over 100 billion. Many won't understand how this has happened, but it has been pretty clearly explained and telegraphed. There is an old saying
that explains why.“you can lead a horse to water, but you can't make him drink”
What would they have in them? They are 45 to 90 days old at best.
Then take PDIV private and there is no where to complain lol. It's pretty brilliant actually, unless your a shareholder.