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When Instadose was in the last stages of dying, and after Biocann was long dead - GNCP, after doing incredible due diligence, spent 150 million dollars in monopoly money acquiring Biocann based on non-existent revenues. Biocann had no business at the time or any assets. However GNCP affiliates were able to sell 4 billion shares that conveniently came of restriction at the time of the announcement.
How much did that release you?
Its not a press release from Instadose lol.
Dead as doornail so say the facts.
Newest? As in not new and the same as 2018.
I think instadose is dead anyway. Check the linkedin profiles that used to associated. I sure you all have the links stored.
Phone number is not instadose and the emailrp4.com?
LMAO. This only works on 0.0001 stock.
nope.
That contact information is not who filed it. Do you understand how that works?
Instadose didn't do the press release lol. Good try LMAO.
Too many converted shares to be sold, all the probably with shells. Since OTC is not first come - first served, it is hard to try and get in the line.
It went Dark from a little bit of light. The release of financials, due DEC31, you stated many times,would be early. They instead never happened early, or even late. Like I said, would probably not happen since it was not possible to sell any more shares.
Now that GNCP has gone dark and can't raise any money will all the rental claims expire? GNCP has to pay a yearly fee on them which is ridiculously huge. Without the payment they go back to the owner to rent or sell to someone else. Same way all the FFGO and other sisters claims/properties were lost years and years ago.
Any pumpers who has tried to give valuations of billions of dollars, have been clearly shown the error and incorrect assumptions they have made. Some thought there was exploration or radar. Nope. Most hilarious is evidence of a couple pans of gold to extrapolate a billion dollar evaluation. LMAO talk about zero knowledge of the gold business. All the effort is spent on pumping and short conspiracy theories instead of understanding the business; but with a 0.0001 stock, there never is an actual business.
What I find funny is GNCP never states what the pumpers state. GNCP might mislead with some statements, but they never say it.
Some thought GNCP said they had claims but it was only pumpers who have said it.
Some thought GNCP said they had a mine but it was only pumpers.
Some thought GNCP said they did radar exploration but it was only pumpers.
The list is so long it makes you wonder who the paid promoters are and who are just the desperate victims.
Not when you divide it into 800 billion shares.
Maybe you misunderstand what the word mine means and the difference between a gold mine and a piece of land.
Gold panning is not a method used for resource estimates. Not even close.
Gncp has no mines. We had the american moly discussion which showed that GNCP had nothing in common. That is a mine. GNCP isnt even an exploration company. It isnt even a claim holding ompany. Your previous links proved GNVP to be worth under a million. Maybe find someone to explain mining evaluation, claims and exploration to you.
There is no mine ket alone claims. GNCP made a point of telling you that they had no intention of doing any exploration. They said that years ago and said it many times. The properties are less than they have spent on them. It's a fact.
Arms-length with all the same people lol. GNCP is dead it is irrelevant. IT will be run 'arms-length' from PDIV.
There is no claims lol, there is no way to get them according to the filing you posted.
COrrect, GNCP has no claims and nothing to sell. THey have not done any exploration on any properties as they have stated. With all the dividends and expenses paid, the unexplored rental properties are worth next to nothing for common shareholders. Preferreds are owed more than the assets. Even though lots of preferreds have been converted and transferred to PDIV, the remaining ones are still worth more than the assets.
Nearly everyone understands this and that is why the stock is 0.0001 and next to no volume. Claiming something else on a stock board changes nothing except for having everyone believe your a paid promoter.
You haven't checked? What are you looking at to develop your shorting opinion? Finra which doesn't display shorts or just failed dreams in the stock price from a lack of understanding.
Do you consider that research? It's a press release with no facts and is used to sell shares; it's not news or evidence. Learn the difference and you won't be in this position. You won't find what your looking for any more than the unicorn hunters.
No buy out. The preferreds/affiliates/insiders just moved control to PDIV with a preferred swap, essentially a reverse merger.
The GNCP shell is too diluted, and the company has stated that multiple times. Too diluted to raise money, too diluted to waste time issuing dividends and too diluted to sell any more conversion.
PDIV is already for conversion being a near empty shell, few common shares and already packing in too many preferreds with dividends. It might take another year until the restricted shares are already to sell. Also might need some more untraceable preferred holders to keep percentages under 10%.
On another note, funny how not a single GNCP shareholder cared when random holders of preferred C shares went poof with the amendment on June 25th. Sometimes it seems none of them can understand the implications it made for them. Some instead concentrate on little trades, looking for imaginary shorts.
https://backend.otcmarkets.com/otcapi/company/financial-report/235472/content
People that understand how it works, are not the people who have even heard there are stocks trading under a penny.
Why pay you anything? They don't need to. They already have full control. They have to pay a lot of yearly dividends on their own preferred. Paying you would be a disservice to their own shareholders; if they had any money left after paying preferred.
Deserve what? I thought you already made millions pumping this dead shell to others?
A famous company giving 3200 magic beans to shareholders also stated they did not need to comment any more. It made shareholders rich, sometime in the future.
Very very quite, as quite as a non-current company that doesn't disclose information.
As quite as a company that has zero business and no one working for it.
As quite as a company that the affiliates can't sell any more converted shares into, so they moved control to another company that isn't diluted yet.
Very very quite. Like a dead cat that isn't even bouncing.
For those wondering why scammers can continue, it's hard to protect everyone from everything that happen in life. Somethings you have to do on your own. However progress is always made trying to help those who are unable to understand how the stock market and the world in general works.
Rule changes coming to rule 15c2-11 will prevent stocks like GNCP from being quoted, straight to grey.
lol. shorts. lol.
1. There is no data that states there are shorts. All data states there isn't.
2. The company states there are no shorts.
3. There is not enough volume for shorts.
4. If there was any shorts they could cover any day of the week as much as they wanted.
5. The price is not held down but instead should be lower, it is the lowest it can trade and hence the reason for no volume.
Does anyone here want to buy some magic beans?
Getting desperate..
A lot do it for free. When the Biocann deal was shown to be a complete scam early on, con artists were telling others to think deeper. Some did that for free but others were probably paid.
To start, who could believe another real company accepted GNCP's payment terms. You couldn't report that as an expense on an corporate tax return. It was laughable from the first paragraph.
Common share holders don't control anything here. Perhaps you missed all filings on preferreds the company did; or the multitude of explanations of them on ihub. Most filings and most of financials are about dilution.
The company has stated many times that they listen and do what the preferreds want.
Common shareholders have nearly no control. That is how this always works on the OTC scam. No matter what you do, they always have enough preferreds or other asset classes to dilute your vote and control down under 50% and usually under 1%. If lighting struck and there actually was a dividend you would be diluted under 0.01%. This is why useless stocks sell at 0.0001 and not $100. There is nothing real about 0.0001 stocks.
Do you really not understand what has happened? It has been explained.
Preferreds could not convert any more GNCP shares and sell them to dreamers. Too many shares. A reverse split would have fixed it but the GNCP fairy tale was getting long in the tooth. Instead what they did was just move the control of GNCP to PDIV by moving the preferreds there. Enough were converted to prevent anyone from getting the dumb idea they could do something about anything. Preferreds can convert and sell there in a few years; once the tragedy here is forgotten and forgiven.
GNCP has gone dark and stopped filing financials. Unlikely to ever hear anything about it again. Since they own nearly 99% of the common shares they can do what they want and not even tell you about it. You are pretty much a private company now.
No they are not treated equal. GNCP trades over the counter and doesn't report. It is not traded on a stock exchange. There are no shorts. It is reported monthly and everyone can see what it is. Newbies often do not understand that FINRA does not report shorts and never have.
I'm sitting at a table in a hotel room doing some work and the show catfish came on. I haven't really watched it before. I was just thinking what kind of loser can get sucked into some of those situations. Desperate people with a lack of skills. It made me think of GNCP.
A stock like GNCP has nothing to do with Gold. Never has. Gold investors are not on GNCP, just gamblers.
He is not wrong. They moved control, preferreds and everything else to PDIV. GNCP is dead.
Name something that you think that GNCP did that was illegal?
There are some small things I have named over the last year like Lumb doing the filings or the mistakes with the preferred count. However giving you hope in a tweet isn't illegal.