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All the evidence suggest otherwise.
What other option? It is price or shares, there is nothing else.
Market cap is not an opinion, it is price times the number of shares. It is not book value or some estimate. It is a simple metric.
So either you are saying the shares have increased or the price is trading higher on an imaginary market that no one knows about. Trading really high there instead of buying here. Or you are saying that shares have increased. It is price or shares, there is nothing else.
You can find what market cap means on the internet.
If PDIV sold the shares someone would have had to file an insider ownership report since they would have had more than 10%. The time period for that is long gone.
Email PDIV or GNCP and ask.
It wasn't arms length and a share swap, so Finra probably turned it down like the former GNCP reverse split. The swap had thd same effect.
Making everyone a minority shareholdrr might have hit the radar.
Read up on share swaps and 10% insiders to understand this farther.
You do have the extra 18 billion common shares because the preferreds were converted. They can come off restriction in a week.
This is not a revenue or asset type company. This play is based on whether you believe thst all the short data is wrong because the brokers pay off the SEC to falsify the margin, the DTC to falsify consolidated short positions and FINRA is lying about reporting short data instead what Finra claims.
I wonder why no one is trying to get the error fixed on this stock that trades a 1000 a week. Maybe the trillion dollars trading a day in the market is taking attention away.
They should warn investors with a stop sign or something on a dead dark shell like this.
So what you are saying is - the data is either wrong - or GNCP has converted more preferrds it just hasn't been updated.
Must be time to bust open the change jar.
So newbie.
The reason conspiracy is seen, is because many do not seem to be able to value the company correctly or count the shares.
With a trillion shares fully diluted and assets worth next to nothing, the stock is 1000's of times over valued. It would trade at 0.0001 after a 100 to 1 reverse split.
Do you have another option?
Are you saying they are coordinating another ploy to get you to spend more of your allowancevon a dead shell with no assets?
So they said what we told you. Data is in error and pulled from sec filings which are old. It is very simple and everyone understands.
So many believe in the 10 cents that $100 in shares have been bought in 2 days. Why not buy on a sure thing? Are people waiting to get more allowance!
They were busy with investors.
That what happens when you combine a stock with no sec filings with investors who don't have any real hope because the diluted shell they bought went dark.
Could you provide a link to that gold you refer to because it doesn't exist and never did.
The shares swap of preferreds with GNCP was cancelled.
It was a swap of GNCP preferreds for PDIV preferreds.
SO are you saying that the brokers have done it on purpose to see if they can get you to buy some of the shares the preferreds converted? They probably make a tidy sum charging to convert those free shares and selling them by the billions.
What would that help? Facts are irrelevant when people get an idea in their head. It's like inception (the movie). I would open a line to transfer calls to with person to listen to them talk, so I wouldn't tie up the lines from real people with real questions.
I guess people who buy OTC are not the same ones who understand how the market works.
Market cap is price times shares lol. Assets have zero to do with it.
Verification of what market cap means? LMAO. Why call when we all know what the market cap is. Or do you think that TD knows of added shares from insiders? Market cap is not book value (GNCP book value is negative for common). Did you think it meant a guesstimation?
The stock market traded $986,000,000,000 on Friday and GNCP traded $2000. Do you really think any brokerage is concerning it self with a dead OTC shell? Calling about GNCP is like the old man calling the police because someone jaywalked on a suburban residential street. They are polite but don't care.
LOL. Do you think they are predicting something or do you realise there is an error? (Or did GNCP add more shares). Because Market cap is not an opinion it is price times shares.
Do you mean if they get a dime they can announce the start of revenue and sales? It will be the first sister with revenue!
Lots of shares. Company has stated there are so many common shares, that preferred holders didn't even want dividends anymore. They also said there is zero ability to raise money issuing new shares. No one will take them.
They wouldn't be issuing shares by the millions but the billions; if they could. The affiliates can hardly sell all the current shares that are coming off restriction.
You probably shouldn't spend any more of the kids food money on GNCP shares based on his guesses.
He meant impotent.
Not everyone is motivated by self interest and willing to sell their soul for a few bucks by ripping off others.
To answer your question,
How could people who are willing wait over 10 years for a long dead obvious scam to pay them dividends; ever realise they are wrong?
There is no proof or facts that can convince them. Realizing the truth requires a change in their believe system. Facts are irrelevant. Truth is irrelevant. Thats all a conspiracy and cover up to them.
This would have to be a real company for the news to be amazing and not a dark broke shell.
If news was amaing like GNCP has just started the world's first processing plant for canned unicorn meat, the preferreds could just take the assets and leave you with nothing.
Not short lol. I never even considered an OTC trade of any kind. No meat on the bone to short this considering i would have to put up the minimum of a $1.50 a share for margin.
It might seem like I'm some broker because i know a lot more than a GNCP long, but in reality, its not that much of a feat.
I trade SPY options. Not only was i short through multiple puts the whole way down last week i went long 291 calls on friday after selling thursday puts for another 400% gain. I tried selling my 291 calls at the close for 4.10 an option but filled at 7.00 with the ramp job. They were .65 cents 15 minutes before that. The friday EOD ramp was breath taking.
I also shorted Gold miners using a double ETF early in the week. Covered it early on Friday for a 25% gain. Best week in years.
I wouldn't try options until your ready to understand how the market really works.
Well I guess they obvious had it all cancelled. Probably by FINRA. Be happy that FINRA is helping shareholders, usually you seem to think they are against the investor.
The share swap was going to move insider/affiliate preferreds and let them get out of the 10% rule from all the extra dividends they accured. They also got a double up in the move. No different that debt to common or the third one from common back to preferreds.
Maybe you don't understand the amended filing that changed ownership from 2014 on of some of the preferreds. You should read up on rule 144 in your DD and then look at ownership percentages.
There are rules from all the for reverse mergers which this would have fit in especially not really being arms length.
It's always about to change except for you saying it's about to change. That is everyday for 2 years. What has happened? The shares have tripled, the preferreds have , conversion has taking the stock to no bid, the company went dark.
DO you realise that in order to pay a dividend a company needs to have some cash. Shells with no assets and no business but owe a lot of money to preferreds and other creditors have never paid a dividend ever.
What gold? Not only do you not mine but your not even an exploration company. GNCP is a shell.
Most do understand what is here. That is why there is no bid.
No joking. I wonder when GNCP will explain the share swap cancelation. I guess a dark shell with no assets that has stated it can't raise any money, takes a few months or years to explain the problems. Or just stays dark like FFGO and the sisters.
The originals news probably sold a few PDIV shares! Not a complete waste of tweeting!
The big asset sale hype.
Counting down here and down and down.
Well the reverse split was turned down and now the shares swap with PDIV is cancelled.
You state there is 2 billion is shorts. 2 billion is not a lot for 35 billion shares.
Ya but, ya but. There must be shorts because GNCP is worth a dollar a share no matter if there is one share or a trillion in the float.
How could anyone sell billions here. It doesn't trade that much lol? In the last year GNCP has added nearly 20 billion shares and enough preferreds for 50 times that.
Although you think Brokers could sell NSS here the issue would not be with illegal naked short; but with the margin for the open position on their books which is reported to the SEC regularly. Brokers can't even sell all the shares the affiliates want to sell, there are no buyers.
Lots of other more reasonable possibilities which are not illegal to do. It's well known that all the shares the company has, were added by the affiliates and they paid next to nothing for them; since they got the initial ones almost for free then increased that through multiple doublings, interest and dividends.
A broker could short sell shares at 0.0001 and then buy them off an affiliate for 0.00005. Since the riskless trade that is not reported has to be at the same price it would take a few steps. Sell a few million at 0.0001 until they get to 100 million. Those are shorted by the broker at 0.0001 and then bought from the affiliate at 0.0001. Then the broker could buy 100 million at 0.00000001 from the affiliate. He then gets to sell those at 0.0001 which makes his profit 0.00005 a share. Probably done the other way around, since the broker would barely trust the affiliate.