is loving all the pm heads up BEFORE they run- keep em coming!
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More than just me on there I'm sure
Would love to see a running tally of avg dollar volume with share volume per day to get the total.
I haven't kept track so far but wish I would have.
12/02 range .0006x.0011 - 92,825,000 - $?
12/03 range .0006x.0008 - 171,734,950 - $?
12/04 range .0005x.0008 - 302,388,638 - $
12/05 range .0003x.0007 - 391,862,975 - $
12/06 range .0004x.0006 - 155,200,401 - $?
12/09 range .0003x.0005 - 78,175,929 - $?
12/10 range .0003x.0005 - 109,758,987 - $38,796
wait, feeling confused:
this: 5 Dec
@OtcShortReport $GNCP volume yesterday shows 251,523,902 when it was actually 412,027,912 including a 91,785,674 AH trade. Why discrepency?
ok how about this... maybe someone can take time to figure out avg price so far?
no shares on my chart equal up to this?
di4 Member Level Wednesday, 12/04/13 11:19:42 PM
Re: ospreyeye post# 18241
Post # of 20656
$245,697 is what my Equity feed says, with a volume of 412,027,912. I believe no retail got those 5's. I've been sitting with GTC buys at every number for weeks and got none.
I agree with that! They want those conversions at the best possible price. They need to show it trading as low as possible. And the good thing is.... the renegotiation puts retail buyers at a fair stance with the convertors. (which is pretty much unheard of) I do not expect them to let us run this month, but after negotiations are finished, they will let it run. The conversion is not at 50% off the average december price. It is at the average december price. So we are in fair game with them. Now is not the time to sell IMO. It is the time to match their prices.
I'm mad about DECEMBER but glad to have opportunities to set myself up for the future in GNCP.
In the interests of fairness to
all stockholders, the Company’s
Management managed to obtain an
agreement from all of the Compa
ny’s Convertible Loan Note Holde
rs, as follows:
1.
That the Conversion Price shall
not be at $0.0003 per share of
Common Stock, but shall
be calculated on the average price per share traded in the mont
h of December of 2013.
This to be calculated by taking the total Dollar Trading Volume
in that month and
divided by the total number of shares traded in that month. The
Conversion Price would
be set on December 31, 2013 after the market close, that being
the end of the Company’s
First Quarterly Reporting period. This is to be referred to as
“The Adjusted Conversion
Price”
I don't think you are going to have an issue with that price range once they are done getting their pricepoint. Don't forget that Ted is a genius in this sector.
And I think selling at this point is dumb too. It will surely fly beyond this once the deal is consummated.
Patience is a virtue
I wouldn't rule that out either :) I'd love to have to eat my 'naive, stupid negotiation' comments.
Message in reply to:
maybe ol' Ted is buying back these shares that are being released to the market. after all, millions of dollars worth of restricted stock agreements at .001 recently went on file-correct
That would be awesome... I'd love to see a little 1,2 back-up plan. He can't want to allow issuing this low. I can imagine them shaking his hand and thinking in their mind, well business is business. We believe in ya Ted, thats why we need to get as many shares as possible in your future plans.
AND: GNCP CEO 'distressed' at sub-penny price- so I think that once the deal is done they will want to make a serious profit on their price. They have a REASON for wanting it low at this time... which is actually a good thing that we know that.
Email from CEO:
XXX,
My apologizes for not getting back to you sooner.
I truly appreciate your support and that you have me on notice! I will follow through on what is required and as I promised.
I am very sure that I will continue to have upset stockholders for as long as our stock price remains so low and in fact, sub penny, very distressing to us. However on the bright side, at least we are not seeking Capital, like so many other Junior Mining Exploration Companies, in that case, our current stock price would really be a problem.
Best,
Ted Blom
Exactly, no sense in being frustrated at the moment. I mean many of these kind go down and have no hope of returning. At least we have a reason and a timeline, as idiotic as that reason may have come about.
I couldn't disagree more. We see why it is where it is. It was a dumb deal but it won't last forever. Lights are dimmed for december but then we make money with the people that have the power and want to make money. They want the lowest price they can and have the means to make it happen... we can play with them.
Sure I think it's worth a buy at bottom! I'll be buying a ton soon enough. Just really, it's a nice way of saying that we can't fight the tide Ted has set in motion for december.
I sincerely appreciate your positive outlook on this. I am positive on it too... just not for the month of december. Bummer, but it's true.
Message in reply to:
He doesn't have any control over the conversions.
As we are equally impressed with his market negotiation acumen. Not saying it isn't going to go but he put a cap on it for december with his ludicrous agreement. And with all the eyes on this that he had.... I can't get over his naivete when it comes to dealing with convertors. Like DUHHHHHHHHHHH, like they aren't going to do anything in their power to give this the lowest possible valuation this month?
Sticking around, haven't sold, but that is the real deal.
Never saw an agreement like that, that would last the whole month.
It should look up after this month though
Thumbs up for his mining experience.
Thumbs down for his market experience.
With the deal he made, you must expect they will use all the nasty tactics they can to hold it down to the lowest possible average this month. Big time idiot move by the genius ceo if you ask me, he sealed the december fate on this one.
good news is, they will likely want to make money once the deal is sealed.
yeah, we all knew it was coming, and I'm personally glad it is finally time that something is happening here. Sitting in deadsville is no fun
BFHJ on the daily list today - 1:5000 rs
http://otcbb.com/asp/dailylist_detail.asp?d=12/11/2013&mkt_ctg=ALL
NEWS: Tuesday, December 10 2013 1:51 PM, EST GNCC Capital, Inc. Response to Stockholder Enquiries Business Wire "Press Releases - English"
NEW YORK --(BUSINESS WIRE)-- GNCC Capital, Inc. (OTC: GNCP) undertook in a press release dated December 6, 2013 , in the interests of transparency, to issue additional Press Releases should our stockholders feel that we have not adequately covered all of the issues and areas of concern to them.
We have assessed all of the incoming communications from our stockholders over the past few days and we thank those stockholders who are still and have taken the time and the effort to reach out to us on these important issues.
The key issues appear to be the details of our two Geologists and the scope of their work; and the Assay Results from previous drilling at the Companys White Hills Gold Exploration Property.
We confirm that we will be publishing the resumes and scope of work covered by our two Geologists and we will be publishing a report detailing the Assay Results for White Hills, this week and as promised.
About GNCC Capital, Inc. :
GNCC Capital, Inc. is primarily a Gold Exploration Company , with a secondary focus on Silver Exploration. The initial exploration properties are located in Arizona and consist of White Hills, Esther Basin , Burnt Well, Clara, Kit Carson , Silverfields and Potts Mountain ". The Company intends to create significant value for its initial portfolio of properties through continued exploration, joint ventures, and through the acquisition of additional Gold and Silver Exploration assets. GNCC Capital, Inc. is a current information filer on the OTC Markets under the symbol GNCP.
Forward-Looking Statements:-
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.
GNCC CAPITAL, INC. N.E. Ted Blom President & CEO Telephone: (702) 942-3347 E Mail: corporate@gncc-capital.com or Investor Relations: E Mail: ir@gncc-capital.com Web Site: www.gncc-capital.com Twitter: https://twitter.com/GNCCCapital
[We would be very appreciative if all investor questions be directed to this E mail address and not to our telephone voicemail until such time as we have appointed a dedicated Investors Relations Firm whom will deal with all telephonic enquiries]
Source: GNCC Capital, Inc.
OTHM is NOT HALTED. Whole OTC was down.
I see that but how is it trading? strange.
I took a starter here after news too. I like to reduction news!
Nice news today on OTHM!
Just because you say it is so doesn't make it so.... Whatever it may be. And that goes for what I and anyone else says here..... But in general, good advice for penny traders....
Don't pay a penny more than you can get it for it...
NEWS
Friday, December 06 2013 12:04 PM, EST GNCC Capital, Inc. Filings Business Wire "Press Releases - English"
NEW YORK --(BUSINESS WIRE)-- GNCC Capital, Inc. (OTC: GNCP) undertook in a press release dated December 5, 2013 to provide filings relating to November 8, 2013 stock issuances and the pricing. The Company also undertook to provide an update of the holdings of all Stockholders holding in excess of 5% of the Companys shares of Common Stock. This will provide an accurate and updated snapshot of our stockholders.
The Company had expected to file these yesterday. The Company is awaiting these filings and will publish once received. This will definitely be done at the latest, tomorrow morning.
We reiterate that in the interests of transparency and proper stockholder communications, we are ready and prepared to issue additional Press Releases in the coming days should our stockholders feel that we have not adequately covered all of the issues and areas of concern to them, which we are and will be assessing from incoming communications from our stockholders and over the next few days.
We thank those stockholders who are still and have taken the time and the effort to reach out to us on these important issues.
About GNCC Capital, Inc. :
GNCC Capital, Inc. is primarily a Gold Exploration Company , with a secondary focus on Silver Exploration. The initial exploration properties are located in Arizona and consist of White Hills, Esther Basin , Burnt Well, Clara, Kit Carson , Silverfields and Potts Mountain ". The Company intends to create significant value for its initial portfolio of properties through continued exploration, joint ventures, and through the acquisition of additional Gold and Silver Exploration assets. GNCC Capital, Inc. is a current information filer on the OTC Markets under the symbol GNCP.
Forward-Looking Statements:-
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.
GNCC CAPITAL, INC. N.E. Ted Blom President & CEO (702) 942-3347 corporate@gncc-capital.com or Investor Relations: E Mail: ir@gncc-capital.com Web Site: www.gncc-capital.com Twitter: https://twitter.com/GNCCCapital
[We would be very appreciative if all investor questions be directed to this E mail address and not to our telephone voicemail until such time as we have appointed a dedicated Investors Relations Firm whom will deal with all telephonic enquiries]
Source: GNCC Capital, Inc.
thank you dear :)
I'm happy to see fellow traders make nice profits, I'm just saying that no one really knows what is good or not so for you to tell someone that 5's are bad... well you can't really know. Nor do I. I'm glad you got 3's on that day and road them up! I did too :)
Palpatine Tuesday, 11/12/13 09:47:03 AM
Re: None
Post # of 19203
Anyone buying into .0004's or .0003's today will be kicking themselves tomorrow...
Why bother? Your crystal ball doesn't work any better than anyone elses. This is you prior to the last run up. As far as I can see, no-one got 1's or 2's and it sure went higher than .0007. Not that I'm knocking you... just saying price predictions are just opinions, even when spoken with authority and confidence.
Palpatine Monday, 11/11/13 03:56:22 PM
Re: A deleted message
Post # of 19185
I'm LOVING this! Looking forward to tomorrow's big dump as well...
This is a great stock to own @ .0001...
But you can bet I'll be buying @ .0002's tomorrow, as well as .0001
There's a small rally to .0007 on the way, but not until the next round of selling has exhausted.
VERT moved off the ask. good.
That would be wonderful airdawg, if you wouldn't mind making a complete dd post for zekeman to sticky instead it would be so helpful! I've sent a few to the board to check it out and I'd love to just say, "check out the stickies"
THANK YOU!!!
Thanks so much! Yes, my post is there in stickies now, and maybe airdog will be so kind as to repost his post so that it isn't older than 2 days and you can sticky that one instead? You are great, thank you! membermark to you!
zekeman :) I probably should have asked you since you are active here still. Could you sticky this post? http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94624496
Mod, could you please add this post to stickies? Thanks!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94624496
I know you can be just as patient as I am, so yes we will. Meanwhile, opportunities abound everywhere :) We don't have 5 minute mentalities, but we don't have 1 track minds either!
Well, you have your opinion and that is fine. I really am not worried about this... bummed yes, but worried no.
I like the ceo, I like the potential of the company and feel they have a great shot at producing some good results.
The noteholders.... massive ****heads.
So however low whoever wants it, God bless em. I'll find the bottom and fill my boat.... again.
I agree, we were here at these prices before, loaded the boat and rode it up and we will do it again. That is the beauty of not having a 5 minute mentality :)
The pressure can't last forever.
Very nice news, I'm long.
You guys have some really nice DD here, thanks for this post :) Membermark to you!
$245,697 is what my Equity feed says, with a volume of 412,027,912. I believe no retail got those 5's. I've been sitting with GTC buys at every number for weeks and got none.
One of my favorite sayings :) What I think that T-trade was today as well as the earlier 15m print is a combo of dilution and short covering.
I think that CSTI starting digging his hole when he kept putting those 5mil blocks up at 4 when vert was letting out some shares a few weeks ago... they didn't cover and...bam- ted came out with that great PR, we flew, CSTI kept his meat hooks in since he was in trouble... they called around and got someone(s) to let go of some shares to help him cover, the noteholder(s)feel they are doing it for the sake of getting these guys out of the mix here... (plus make some friends and a little Christmas cash). So CSTI felt he could short a bunch today and 8,7 and 6 knowing he had those shares to work with and make a few ticks on the cover.
Hopefully it's over with. I can't imagine Ted putting up with either the selling of shares down here or the shorting for long, but in the big picture I think that maybe the insiders see getting the short out of trouble here is a good thing in the long run. But we'll see, anything can happen in pennyland.
Take this post with a grain of salt since it's all my speculation.
Completely confusing as to the difference in numbers listed and the actual volume on the day.
Looking forward to seeing what Ted has to say and filings tomorrow so aside from the BS numbers displayed, nothing that is posted here really matters. I'm sure the 'bigs' or however whoever described them feel the same and a sellout is not a reason that the board is fairly quiet tonight.
Tomorrow decides tomorrow...
and then the market will do what the market does and that too will pass and change in days/weeks/months to come in this crazy rollercoaster ride :)
Sleep well.