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Related to gold and therefor NWGC:
http://www.freerepublic.com/focus/f-bloggers/3232095/posts
Related to gold and therefor GNCP
http://www.freerepublic.com/focus/f-bloggers/3232095/posts
Agreed if I may respond Tenkay--you are correct.
The significant characteristics of GNCP's acquisitions are that there will not be much difference between Gross and Net--in that this type of business is very low in overhead. Largest expenses are minimal labor and electricity--maintenance. No inventories, R&D etc..
They are CASH BUSINESSES--with no A/R risk of bad debts and collections. The two businesses were profitable at the time of purchase.
There were no CAPEX (capital expenditures) incurred. Therefore--profitability of these business is realized and absorbed from day one.
I wonder if they are ready with the purchase of the next two arcade companies as they've mentioned.
Don't attempt rocket science.
GNCP is a holding company--or haven't you noticed all of the filings, etc.
GNCP never was and probably never will be a mining company--but will likely continue its gold and mineral exploration endeavors as market prices incentivize the endeavors--JV's to be established to actually mine.
GNCP as a holding company has begun its diversification actions to insulate GNCP and its shareholders' investment value.
GNCP has fins which are forthcoming which will offer detail into the success of the actions thus far taken to benefit shareholders
GNCP has indicated future plans to continue diversification which will not be limited to single or related sectors--the next endeavor indicated to be the futures investment business.
GNCP has successfully re-domiciled in Wyoming which offers much greater latitude in share buy backs than the State of Delaware
GNCP will likely show profitability and positive cash flow from the adult arcades acquired which will validate their
diversification actions taken and will allow them to re-concentrate share value by buying back and retiring shares of O/S common stock. Further diversification actions will allow GNCP to stop continuing dilution of the SP to finance operations.
GNCP has indicated in numerous instances that the sister companies are receiving attention in their future business plans
GNCP has yet to receive a new cusip number after applying this past week. It is unknown whether a new cusip will still be pursued.
Just a few--more to come.
I believe that "2" was the stated result. Don't you? That is what was disclosed.
Some people to hear or read what they want to hear or read.
It could be that they were granted permission to receive a new cusip--or reapply.
It could be that they were denied. But can you state that you are certain it was denied?
No.
For example Ten Kay, if your post were a GNCP action, then much focus would be placed upon your creation of a verb, from a noun. The message is still clear as crystal. And you are just as credible in your written communications as always. But it can be mentioned from here on in--even after you publish your best seller.
I know that you know that I know LOL.
Great Post Stroke. And financials provided by management showed a necessary significant increase in assets. Takes money to mine and mill the gold.
But there are other "trees" that you need to watch--that you've already neglected to mind. The assays that you have previously determined to be "false" or "phoney," etc.. The "Terra Vision" type technology that you have also convinced your fellows that "doesn't work" or cannot be afforded by GNCP. When GNCP sold some claims some posters spun it as a failure. Maybe it was. Because you can convince other posters here to accept your spin--does not make your assessment accurate. That is a weakness.
But the fact is--they are managing. If you are successful more times than not--you are successful. The ability to mind a risk at venture is what GNCP is exercising. If they cannot get from "A" to "B" directly, but can do so indirectly through "C," they diligently pursue "C."
You see, these all are steps forward. And by denying every one of them as a failure or "impossible," you may convince the choir--but you will lose.
GNCP is winning. Investors smell it.
Meanwhile, GNCP is beginning to engage in a more sophisticated approach to its future successes imo. The change in domicile cannot be overlooked as a successful action taken to ultimately benefit GNCP investors--both Common and Preferred shareholders.
The buy back--which will occur catalyst for an explosion in the sp.. The short "investor" has been harnessed and can only continue to short or take huge losses. The higher the sp rises--the huger the losses. Shortie can only dig hopefully to China.
The Q's showing positive cash flows and profits from GNCP acquisitions allowing GNCP to afford to not only further acquire--but to stem dilution and to re-concentrate shareholder value are expected soon. Exciting time.
The ability to create shareholder wealth while escaping the detriment of low gold pricing was ingenious. Diversifying and generating internally the funds to develop the gold exploration subsidiaries at a more opportune time when gold appreciates.
Quite a bit of intuition and successful action.
That TK is conjecture. I don't believe that Lumb is an officer in GNCP--or has this been repeated so many times that it is now conventionally true?
You need to keep this in the back of your mind. Focus on the "tree."
Maybe a cusip change at a later date would be better for GNCP in its management's estimation.
Exactly--it was not clear that it was denied--nor was it clear that it wasn't granted. What is clear--is that GNCP is allowed to use their current cusip.
So for the time being--it is not important--but you will have to keep your eye on that "tree."
Sometimes in American football an offensive team will "waste" a play in order to view the defenses reaction. They may return to that play two or three quarters later in the game.
Sometimes applications need to be resubmitted.
Maybe it was denied.
Maybe it wasn't denied--and GNCP has the right to change their cusip at a later date--which may benefit them hugely.
Keep looking at that "tree." But while you're focused on that subject--you may overlook or be slow to react to much more important actions.
Agree with you. There is an organic momentum developing. They are not relying on pumping. Even the half day tomorrow may be exciting.
Once many see that there is a larger strategy and execution is occurring, the expectation of future succeses increases. And a "setback" like the cusip application denial--if that is what happened--is viewed as a half step back, while many steps forward are forthcoming. Wars are not won without battles being lost.
One would have to assume it was denied. But no sense in focusing on one "tree." If you assume it is a setback for them, you could then decide to remain focused on it. All up to you.
I believe if they have now the option for doing it when they deem the best moment--it could be an asset (not financial) at their disposal.
Not important--the cusip change is a "tree" in the "forest." And please mind that it is not clear whether it was denied--or GNCP has the option if they wish to change at a more timeous date. Let's assume the presentation that GNCP "elected to retain its cusip" was spin for they were denied a new cusip. Don't you suspect that GNCP may have planned for such a development?
My point is--GNCP is focused on the "forest" imo, and these arguments about individual "trees" are inconsequential. Actually--to witness the focus on small stuff-- if GNCP is witnessing is very telling to them. They can use it. And I hope that they do. Because I support their success.
No sir--I do get it. Less limited buy back permissions.
Some are fixated on the "punctuation"--whether Ted is an officer in GNCP. Or whether the cusip change was so important. More openly than I should be--you and others are diverted. Actually seems to be a good plan if they are offering diversion. And yes--those people are that smart.
There are many contingent conflicts of interest that might become apparent for instance--if Ted Blom were an officer in a parent company of another entity in which he directed corporate resources(generally speaking). The fact that the structure is evolving to one addressing these possible contingencies convinces me that the management is preparing for their success in the GNCP endeavor--and not to leave bagholders.
Many are concentrating on the punctuation errors and ignoring the message. That convinces at least me that the argument against the message is weak and the critics are searching and grasping. GNCP has a message--an improved one. It really doesn't matter that Ted is not an officer in the parent--and is directing the gold exploration concerns. Ted isn't an expert at business acquisitions, or gaming enterprises. He is rightly focused on exploration.
GNCP's momentum is indeed building. There should be news soon after the redomiciling. IMO
aye mil man--sometimes it takes them a while. But short of deliberateness they're not. They keep incrementing forward.
I believe that. If Robert were to be lying as much as the team here is indicating--he's in for stretch at the farm. Don't think he needs to lie--I do know he has had experiences with negative posters--doesn't pay attention to them anymore he has stated. No--I think we see quite some development soon.
JMO
probably the 100 MM trade will show up in tomorrows since it was an after hour short T trade
come on Broke--you're kidding us right? What will you say next? "Burn the b**** down?"
don't see any like claims--what are you talking about? Grasping now are you?
LOL It's a matter of time.
Show me where the companies diversified and protected their concern by becoming independent of gold discovery or price volatility. That's a real difference
so you can't be sure--again. Anyway--we'll see what happens with the acquisitions, etc.. There is no reason to believe thus far, that GNCP will not continue to plod away at the execution of their plan.
so 100MM share were shorted after close?
share buy back will have most impact if it happens first. Then announce the rest
if Bux's question can be answered in the positive by future events--then this will in fact be a dollar stock
that will be cause for an uplisting.
kept posting that yesterday too. Just to have it be read.
Denied an R/S? Company will not R/S--stated many times--not even a question here and now? Big news within 24 hours imo. The next step in the trek.
maybe what was written--GNCP has elected not to change it. Changed their plan upon learning of something--maybe cause shortie to react and short a ton tomorrow while GNCP buys back? We shall see. One thing for sure--GNCP is executing a strategy.
well, the landscape has changed at GNCP. IMO management has scripted the next developments well in advance. Cash flows, buy back, share retirement, claims development. And of course--shortie having to buy all those billions of shares to cover.
We live in interesting times.
time will tell--but shortie left himself only one legal way out. Become a long LOL.
GNCP CUSIP change will be like rat poison--shortie rat poison LOL
very well then. They are "false to you." Okie dokie. So long now, brown cow,
Yes, they have many claims--worth many dollars. False to you? Okay--don't buy. In fact RMAOL why don't you sell it short?
and THAT"s when GNCP will buy back imo. Only 5 Billion--that leaves another quarter million dollars to buy back 2's if necessary.
come on TenKay--you can tell the truth about what the TA has to do.
GNCP!!!
so it is about Lumb then LOL. "Zillions and zillions of shares being dumped" what a crock. Stick around for about a week.
aye aye sir--you KNOW!