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Nothing but some false hope and made up dreams left. How long till the 18 billion restricted shares become free floating? Should be enough to cover the imaginary shorts out there. Or with the next to zero volume, has the imaginary short position increased?
100% scam. Don't confuse that with something that FINRA or SEC could charge them with or even care.
If you have to ask FINRA of something is a scam, you already have your answer.
DO you think there is some big reward they just haven't decided if they are going to give you? lol. Your asking this from a company that has diluted you to death and have said they have no way of raising any money.
There are no shareholders reward programs for loyalty.
FFGO was a well known scam proved beyond any doubt. No shorts. Selling was all from the company insiders who were always unknown and have disappeared. The victims of FFGO were so absorbed by the swindle they support it to this day, non the wiser.
It was an obvious scam to most but there are always some with a need to believe.
Derived using a misunderstanding of how the market works.
They are not considered current. GNCP is not current with financials. Keeping the Corp name current is not hard and costs next to nothing, it is not impressive.
Maybe. All assets gone and the preferreds not even fully paid off? If GNCP wasn't dark, common stock holders might be able to find out. No wonder they shut down the email system.
Probably why the share swap was cancelled.
The good part of GNCP going dark is it can then get current again in a few years and everyone can get excited about nothing again. Acts like getting current are some of the only things GNCP does.
Maybe it could pretend to buy BIOCANN again. It's a cheap move for the company. It costs next to nothing and it's not really any more work than releasing a few tweets and news releases. Some board posters type more garbage here every week than the company tweets every 6 months.
This could be incomprehensible for those who do not understand how SEC and FINRA works. Those who are unable to read and understand the marked short reports for example will have a tough time understanding arm's length, 10% rules and affiliate definitions.
But try and remember, a misunderstanding of rules, does not change them.
Serious answer. It might be difficult to understand if you do not understand the SEC and FINRA rules. The affiliates swap of PDIV preferreds, for GNCP preferreds/converted common shares was probably cancelled by FINRA. It was going to give the effect of a revere split. It's not arms length since both companies are controlled by the same people. Also with the amended holdings from the non-existent 2014 sales, the affiliates might have been over the amount they could actually sale. They might have been considered 10% holders.
Instadose did not release that PR. Attempt to get the state of the current Instadose operations. Try calling the actual company. There are no operations. Biocann never really existed and was dead before GNCP paid $150,000 in monopoly money for it.
Longs will need to average 50 times that a day if the new 15c rule comes in. $100,000 a day average trading volume.
GNCP has no operations and will be classfied a shell, especially being dark. PDIV has little chance of not being dropped to the greys.
No, they don't. Link where PDIV states that.
Also, do you understand that a claim is not worth much if there is no resource? Without a professional resource estimation a claim is not worth much.
FINRA doesn't report NSS or shorts. It's common misunderstanding by newbies. Finra only reports trades that are marked short which are not usually short trades on the OTC. You need to understand the difference in how the real stock market works compared to the OTC shell market.
Whether or not you would like FINRA to report it, they don't. No matter what you say here, they don't.
claims do not equal gold. Claims can be rock frms. Maybe you are confusing a claim with a resource estimate. GNCP has neither anyway.
They probably won't take back the rental claims though.
Compare it to a rental car.
A company has a broken down old car worth $500 that they rent to you for $3,250 a year. You don't know what cars are worth, think it is worth $100,000, and pay the $3250. You pay them for years and then one year you can't. The rental company doesn't want the broken down car and tells you to keep it until you can start making payments again. You want the car because you think it you can sell the rental car for $1,000,000 if you can just find the right buyer.
Multiple this by 100 and you have the GNCP rental claim situation.
How are over priced shares cheap? With a 100 to 1 reverse split these still would be at 0.0001, over priced, with nearly no bid. 100 to 1 reverse split still leaves it 10 billion shares fully diluted!
Financials haven't been filed for 8 months and the company is dark but the expenses, paid by preferreds, still keep coming. The dividends that are not paid, are still owed, even if shareholders voted to not pay them. IF you don't understand this then email the company.
Also if the rental fees on the claims are not paid the claims can revert. I wonder if that has happened? Maybe someone could ask the company if the claims have reverted?
So you think Biocann was just started a year ago when GNCP was willing to pay 150 million for it? Biocann was dead by last year, that is how GNCP was able to state they were buying it.
Try calling instadose instead. Do some DD.
He made millions selling converted shares when others believed the stock they were buying up, went up from ENSSFM. Most of them ended up losing money but to them it was worth it if the imaginary shorts lost and a hero won.
With all the added shares the stock obviously went to no bid, then left for dead to be delisted. Simple and obvious. It's hard to tell who actually understand this, and plays a gamble hoping for a bump and who actually thinks GNCP is a real company.
So what. It's not a PR written by Instadose. It's just some fluff.
That is not written by Instadose. Instadose never had a GNCP connection.
Probably sold to multiple un-traceable off-shore corporations. Good news is the affiliates can convert shares and take dividends again. They were getting too close to the 10% threshold which wouuld limit selling under the OTC rules. The amendment that cancelled the 2014 preferred share sells might have had them in trouble if PDIV didnt take shares off their hands.
Your allowance? How the narrstive changes. I though you were playing with the houses money?
Wrong and no evidence of that. Northing but a conspiracy theory while all the real evidence is there. Lots and lots of evidence of dilution. Billion and billions of shares added. Zero evidence of a short. brokers could care less about this. If it wasn't for the piggy back rule (which is going away) this wouldn't even trade.
Also, at 0.0001, the stock is severely overvalued.
No indication anything was sold.
Except with buyers.
Volume will send this to grey when the new rules come out. SEC trrying to make it harder for the uniformed to throw their money away.
That is pretty clear that the shares sold to PDIV were reversed by one of the agencies. If there was a sale of GNCP assets, GNCP would have filed. It's beyond simple material. Pumpers can hope, and soon we can see who is wrong again.
They would have had to file if they did. More likely the sale to PDIV, to effect a reverse split by the affiate/insider, was over turned by authorities. That is why GNCP knew and had to announce it.
No. It would say that. Besides Instadose has a phone number even though it is pretty much dead. No one would believe the story.
The preferred sales were reversed? Too many for an insider to sell? Reverse split in PDIV canceled, emails canceled? I guess FINRA got around to the amended filings. Those filings originally stated that multiple people had the preferred shares. The amended filings stated that searchlight ALWAYS had them. SINCE 2014. Although all GNCP releases since then including financials stated otherwise.
Searchlight had them, searchlight got the dividends, searchlight converted and sold them.
EXAMPLE FROM RELEASE
Press release was not from Instadose.
GNCP stated Biocann was useless.
He updated it 3 minutes ago?
Eitherway no evidence of any instadose connection as was stated.
Do you find that number for instadose somewhere else or just on the fake news release?
That is not DD.
No emails anymore? I wonder if they just checked the spam folder and saw all the investor questions?
Or maybe the FFGO endgame coming?
You would think PDIV would have to file a material change for their own shareholders before 'arms-length' GNCP could legally tweet it. I wonder if the preferrds bought at $2 were sold at $1.
Instadose never released that PR.
How much did that fake web site and news release cost? Are the fake news releases new, or is there others that were missed?
GNCP already left the coroner.