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From June 17th update,
"""Your Directors are committed to ensuring that these transactions are concluded. We are aiming for conclusions before this month (and the Quarter) end date; being June 30, 2021. We are committed to swift resolutions and the closing of our negotiations at this point of time. We, as your Directors believe that we are in a very strong position, primarily based upon our stock price and the trading volumes for over some 4 months now. We are fairly inundated in offers and the aforesaid is definitely facilitating previously unachievable goals for our Company in all of our various transactions and negotiations."
Shorty trying everything to get longs to sell. Very inexperienced. We may see CDEL dump into the 4's, then hopefully a move up.
Should hopefully be a great couple of days here. Shorty getting desperate. Brought in a ringer!!!
That's funny you should say that ""You have to wonder if they created a bunch of markers in .003=.0035 range and have lumb to bail them out with all his shares and he gets a cut"".
I WAS THINKING THE SAME THING, just not sure about the cut. He's still the 3rd party that they always refer to, not always a team player.. jmo.
Why the delay for dividends and why the delay for an audit? Is there something with one of the insiders that's not quite right. Is the 3rd party SL holding things up? It's been going on for 10 years. Who's right, who's wrong??? I still think Ron has to come out and clarify things because he keeps saying he wants to increase shareholder value, and here we are down from .003 to close .0003 in 3 months!!! And this Lithium thing being DEBATED by controlling shareholders DOESN'T MAKE SENSE. The only thing that makes sense is maybe there is ONE SHAREHOLDER THAT HASN'T BEEN A TEAM PLAYER FOR THE LAST DECADE. JMO.
So you're saying Stevey has sold over 10 billion shares into the market over the last month and has driven the pps down from .0011 to .0003? And he put in an AON sell order in at .0003 for a few hundred million or billion shares and that is why the 3's are being hit when there is a bid of over a billion shares at 4. A certain individual could have an AON buy order in at 3 for a few hundred million. Or is that not legal? lol.
We know Management is reading this board. Time for them to tweet an explanation. I know, probably a disgruntled major share holder. Wonder who!!! jmo.
This trading is a mockery, and it's time management wake up and do something about it. Enough is enough. Another 70 million at .0003 after the bell.
What the heck is 29 shares???
There is 1.3 billion on the bid at .0004, and yet transactions going through at .0003 at 10,000,000 at a crack. I think Ron should address some of this crap. I know he has said he doesn't give a crap about day to day trading, but how in the hell can he sit back and watch shareholder value plummet??????
Wouldn't be surprised if Stevey boy is driving the CDEL bus. I'm sure that Ron will have a reasonable explanation in the next couple of days of the dump/transfer of shares today. 2.3 billion shares were sold today, but also close to the same amount were bought by some one. jmo.
Not too crazy about this comment;
""As the Company’s largest shareholder, Premier Development & Investment, Inc. (PDIV.PK)
(“Premier”) has sufficient cash on hand to fund these transactions. This is being debated by their
controlling shareholders and if interested; they will present their terms to ourselves and within
days. Premier if interested would only do so on an arm’s length basis and upon strictly commercial
terms. Any transaction offered by Premier would involve the Company having to provide Premier
with significant incentives.
TOO MUCH UNCERTAINTY AGAIN AND ALSO 3RD PARTY INVOLVED AGAIN (being debated by their
controlling shareholders). WHY BEING DEBATED? THEY SHOULD BE ON THE SAME TEAM. PROBABLY ONE BAD APPLE IN THE BAG STILL.
HOW MANY YEARS HAS IT BEEN SINCE WE'VE HAD 8 MM'S ON L2? Back to the FFGO days? Things are heating up!! STXG must be the new shareholder in town.
Doesn't matter how much we slap the ask. Just buying AIR. Nothing will happen until the group in control is ready to let er loose. jmo.
Just going to keep repeating this until a tweet comes out saying its true or not true. From PR 6 weeks ago.
"An immediate sale and the proceeds being distributed to our Shareholders in the form of a Dividend; and/or
Expending cash on expanding our Claim Blocks, undertaking further exploration work and re-negotiating the terms under which we operate those Properties. This would be over the next two months. That in our opinion, would create a substantial increase in the value of our Properties, equating to a far higher sale price and larger Dividends to our Shareholders.
Almost 8 billion shares traded since big sell off on May 26th/27th. Even though some may have been wash trades, I still think there is a new major investor/future insider buying up a lot of these shares. Maybe we'll find out in the next few days. With CDEL still being a big player here, I'm sure some one from the company may be involved in transfer of shares.. jmo.
Just going to keep repeating this until a tweet comes out saying its true or not true.
"An immediate sale and the proceeds being distributed to our Shareholders in the form of a Dividend; and/or
Expending cash on expanding our Claim Blocks, undertaking further exploration work and re-negotiating the terms under which we operate those Properties. This would be over the next two months. That in our opinion, would create a substantial increase in the value of our Properties, equating to a far higher sale price and larger Dividends to our Shareholders.
I still think the 9 or 11 pages left out of the chairmans letter are part of this """
""An immediate sale and the proceeds being distributed to our Shareholders in the form of a Dividend; and/or
Expending cash on expanding our Claim Blocks, undertaking further exploration work and re-negotiating the terms under which we operate those Properties. This would be over the next two months. That in our opinion, would create a substantial increase in the value of our Properties, equating to a far higher sale price and larger Dividends to our Shareholders.
From April 28th, GNCP pr with business plans,
""An immediate sale and the proceeds being distributed to our Shareholders in the form of a Dividend; and/or
Expending cash on expanding our Claim Blocks, undertaking further exploration work and re-negotiating the terms under which we operate those Properties. This would be over the next two months. That in our opinion, would create a substantial increase in the value of our Properties, equating to a far higher sale price and larger Dividends to our Shareholders.
To me over the next 2 months means by the end of June!!!!
Can't be any plainer than that.
Could be some outsider soon to be insider buying up shares at .0006 . Got to be an inside job with 2 MM's basically doing all the buying. jmo.
My thoughts exactly. They needed 2 to 3 weeks to do some internal share restructuring between the two companies, and once that's done, then maybe PDIV will trade more than 10 shares a day.
STILL WAITING FOR INFO ON PR FROM 6 WEEKS AGO. HOPEFULLY THIS IS WHAT THEY'RE SHOOTING FOR IN THE NEXT FEW DAYS.
"""GNCC Capital, Inc. Outlines Its Immediate Business Plans
LAS VEGAS, April 28, 2021 /PRNewswire/ -- GNCC Capital, Inc. (GNCP.PK) ("The Company" or "GNCC") has elected to set out its immediate objectives and business planning given that our shareholders have been patiently awaiting updates. We will keep this brief and to the point. More detailed information will be provided on a going forward basis. Our upcoming Annual Chairman's Letter will address all other business matters.
For what is now in excess of three months, we have been operating under vastly different circumstances given our stock price and its liquidity. This has led to multiple unsolicited offers and deal proposals but most importantly; has placed us in the position to raise cash and on reasonable terms.
In respect of our interests in Gold and Silver Mining Exploration Claims, we are still exploring and in the process of finalizing a number of avenues, principally:-
An immediate sale and the proceeds being distributed to our Shareholders in the form of a Dividend; and/or
Expending cash on expanding our Claim Blocks, undertaking further exploration work and re-negotiating the terms under which we operate those Properties. This would be over the next two months. That in our opinion, would create a substantial increase in the value of our Properties, equating to a far higher sale price and larger Dividends to our Shareholders.
In August of 2020 and at the peak of Gold prices; we had already formulated a sale and Dividend plan, including the process and the timing. Your Directors remain very bullish on the prices of both Gold and Silver going forward and therefore recognize that timing is vital in order to extract maximum value for our shareholders.
A final decision as to our course of action will be taken very shortly.
Insofar as other business opportunities, we can confirm that we have received offers of not insignificant capital if we were to agree to acquire a business or businesses in either of the Cannabis, Lithium or Cryptocurrency Sectors.
Your Directors understand the Lithium business as it falls under our area of expertise. We are exploring a potential transaction; if it is feasible and the final terms are acceptable; yes, we would close any such deal(s). That is our preferred route at this point of time.
In respect of Cannabis, we are not experts by any means but have learnt enough from previous forays into the Sector. We would only agree to any such deal if the target Company is well established and has competent Management in place whom would continue to operate and grow the Company. It would have to be revenue producing, profitable and have not unreasonable Capex requirements. We have discussed this with Industry professionals are exploring possible acquisitions and within our criteria. We will immediately inform shareholders if we can agree upon a target acquisition.
In respect of the "Cryptocurrency Sector", we have reservations. We do not know nor understand that Sector and would prefer that it was operating in a regulated environment. That being said, we cannot ignore that major Banks, Financial Institutions, famed Fund Managers and Global Fintech companies have embraced and endorsed this asset class. To that end, we have retained a Consultant/Broker to examine various companies currently for sale in that Sector. If needs be, we would be prepared to step aside as Directors or become Non-Executive Directors; in order to facilitate any such acquisition in that Sector. We do not believe that we as Directors could add value to that area of business. Needless to say, we will act in the best interests of our shareholders and if any such deals currently on offer can be consummated; we would not act contrary to our shareholder interests.
To summarize, our key objective is to finally unlock value for our shareholders and to provide the Company with an acquisition(s) that can provide (a) growth and be appealing to investors; and (b) stable sustainable sources of both revenue and profits.
Needless to say, we will be updating shareholders on an ongoing basis now.
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.
Contact Information:
GNCC CAPITAL, INC.
Telephone: (702) 990-0156
E Mail: corporate@gncc-capital.com
Investor Relations Contact:
E Mail: investor@gncc-capital.com
Twitter: https://twitter.com/gncccapital
https://c212.net/c/img/favicon.png?sn=CG58568&sd=2021-04-28 View original content:http://www.prnewswire.com/news-releases/gncc-capital-inc-outlines-its-immediate-business-plans-301278812.html
SOURCE GNCC Capital, Inc.
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You never know. Ron may surprise us and start tweeting on the weekend.
May depend on how much more accumulation some one wants to do. jmo.
See if anything happens on the PDIV L2 today.
Three more days of trading and the 3 weeks is up. I'm actually surprised the 5's held so far, but then there are 3 more days. And depending on what we hear mid week, it will either be <<<<5 or 5>>>>>.
Yep, over 5 billion bought since Stevey Stelan dumped his 3.9 billion.
Now there was a nice dump of 300 million. Wasn't watching. Wonder who the MM was?????
Trading today, 88% so called buys today at the Bid??
Something else, PDIV is up to 6 MM's today. Last time they had 6 was exactly a month ago when they went past $6.00 on low volume. Something is happening under the covers. Notice how the ask is lined up on PDIV.
Some of the MM's are big spenders, 100 shares at a time. That's 1200 shares already this morning. lol
Yep, bid almost equal to ask. Maybe tomorrow will start off strong.
Notice the ask is increasing. Not a good sign.
Send me the details on the bridge., eg, length, width, composition, thnx.
GO GNCP.
Looks like all the MM's are in this together selling an endless amount of @#$%$ .0006 shares. Hopefully Ron L. starts taking an interest in GNCP pps and can put an end to this in short order.
Buys 86% today. Some one is loading 6's and same time some one selling 6's . Maybe more inside crap going on. I guess we'll find out in next disclosure. jmo
Endless amount of .0006 for sale, and some one is buying them up. Have a buy in for 20 million .0005 since May 27th, not a bite yet.
I'm thinking same thing about 5's being dumped. But then Ron L mentioned in a few disclosures that GNCP shares are worth minimum .0005 . But then Ron L also said he doesn't care about the daily trading of GNCP. Hopefully Stevey Stelan (maybe even Infamous 3rd party) didn't slide the 3.9 billion shares from one pocket to another. THE May 26/27th trading brought the stock down from .0014 to .0005 .
Stelan has just advised the Company that it disposed of its entire shareholding of its shares of
GNCP Common Stock in two “off market” transaction and upon May 26, 2021 and again, upon
May 27, 2021.
We had advised our stockholders that Stelan was not a “Friendly Shareholder” and that Premier
Development & Investment, Inc. had recently acquired a Loan due and payable by GNCP and
from Stelan.
So if Stelan is out of the picture, maybe we have a chance. And by the way, I think Ron does care about the day to day trading. It's part of the big plan. jmo.
Buys 3 to 1 over sells today. GNCP haven't mentioned anything lately about retiring some shares. Any chance of anything like that happening?
Thanks for agreeing with me. Good to see we're on the same page.
Have a good long weekend.
Pretty good day today. I'm sure better than most expected. Had a buy in for .0005's since yesterday morning. No dice, but that's ok.
Have a good safe long weekend everybody.
Yes you're right. Just the bond market closed.
Eighteen minutes of trading left today. How will it end??
CFGN was on the ask all morning at .0007 while the others were at .0006. Now CFGN is at the top of the ask showing 10,000, which could mean an infinite amount.
Did you see we gained a 7th MM this morning? CFGN.
Wasn't it said somewhere that PDIV wanted to have no more than 49% of GNCP shares? If so, they already have 15 billion which is 37.68%, so all they need is 4.5 billion more to get to that goal. Over the last 2 days, they could be half way there.