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No need to, there are 210 billion shares, of which 58 billion in the market and another 5 Billion in free trading awaiting to be dumped by Lumb, its just a matter of time as tomorrows failure to show a single closed deal will reveal the further disappointment. Just as Pink Current has resulted in further stagnation as already predicted as there is zero value when the disclosures repeat the same shit over and over again with the same errors bullshit and basic math failures in them....lol with no revenues no actual assets and made up valuations and debts....lol
Looks like a bagholder for a soon to be no bid stock
No dividend as there are no revenues and thus no chance of profits to issue a dividend from, they cannot magically conjure up a dividend legally by their state of incorporation... enjoy!
Makes zero sense, first there are no short positions here ot margin call, short interest reports show that, this is not a marginable stock.. hell there are no FTDs here either, so zero and I do mean absolute zero chance of any short squeeze bullshit.
"Proposed"... Ba ha ha ha ha ha ha already a failure, these were already completed transactions according to the PRS throughout last year...lol..
It is much like their disclosures and PRs.... Incorrect, incomplete and never any progression....lol
Has nothing to do with me, the fact is Wyoming has the Model Act, this company has no means to issue a dividend legally.
Any mention of Parnetships, JV and bullshit sales of BLM unpatented properties with no qualified survey, lithium bullshit...etc... etc...
That is all made up non existent business.
Guess what though, by the disclosed financials and by law GNCP cannot legally issue a dividend, enjoy that FACT.
There is no Form 211, MMs cannot quote or make a market. The individual brokers are doing unsolicted quotation.
The volume is shit, matched orders just artificially pushing the price up again.
Good way to get revoked faster.
Well its against the law, it is called impairment of capital rule, and every state has such a law.
Not only does this scam have zero revenues, it has zero profits, so therefore it is against the law to issue a dividend.
That it is bullshit information, nobody cares about preferred vs retail as both ultimately own common shares, it is superfluous. It is like saying preferred can convert to common.... wow, great to know. Was there ever a question that they could?
Its the same people, same debt holders and the same scam.
Its the same message over and over again, how about action, there are none. Todays is yet another bullshit diversion that was no different than that supposed huge material event that was to be disclosed in July that was absolutely nothing. What is more hilarious is the fact they stated the following back in July:
How predictable when GNCP couldnt meet their own self imposed time constraint...lol.. like clockwork, but of course message board chatter always gets the best of Lumb, he needs the crew to keep chanting the big news is coming, because he has 5 billion yet to sell and needs to know how much more debt he needs to convert going forward.
You mean 63.5 Billion as that is all in the unrestricted pot, and that would require Lumb dumping the other 5 billion to get it to 63.5 billion as per the TA report.
Still no sources cited where is the documentation for the supposed 3rd party/hedge fund/BD/other clients at?
Meanwhile I can sit here all day and shows that GNCP lied in their disclosure that they issued shares and the OS as of 27th December is currently at 124 Billion. See, due diligence, citation of a document that supports the fact that GNCP lied as no shares were actually issued because the Transfer Agent report is as of the 31st of December and clearly shows the OS still at 85 billion.
The comment of GNCP lied is supported by their own documentation showing they in fact did release disclosures before it actually happened to appease shareholders of the 45% holding.
Yet no sources cited, not a single document, that is not DD.
Glad we cleared that up
DD is not regurgitating PRs, Tweets and Disclosures, actual Due Diligence is outside to validate and verify the PRs, Tweets and Disclosures. Claiming numbers with no actual reports from regulatory sources or the Transfer Agent is complete fiction and not DD.
Yes they just ignore Federal Reserve Board Reg T laws to buy a pinksheet stock...lol.. Doesnt meet the minimum share price requirement by a long short but they do it anyways because it is GNCP....lol
A well supported rebuttal as usual, clearly no supportive documentation or basis behind the fictitious 145 Billion number. Trade volume does not equal shares held, that is about as bad as adding up daily short volume numbers and claiming nothing has been settled....lol
So hey about that 124 Billion and issuance of shares to PDIV, guess they got a little cart before the horse and lied to appease shareholders wanting to see that 45% number... Ba ha ha ha ha ha ha, typical of Lumb and crew reading message boards and reacting without first thinking it through.
145 Billion sold? Provide the basis of this estimate of 145 Billion sold. The fact is there are 58 Billion shares sold into the market that are actively traded on a day to day basis based on the current TA report, the only change to that fact is when Lumb sells more newly minted free trading shares to buy gas for his yacht, then that number increases.
Stating trading volume as buying or shares held is a false and poorly formed misconception, as people flip and trade this stock on a daily basis, claims of huge gains at the peak of pumps and trading around a core position are often made by supposed "longs". There is no such thing other than underwater shareholders that have only two choices hold and hope or sell for a loss.
Well which is it, 85 Billion or 124 Billion? Its their claim and obviously a lie.
There are no shorts here, a FACT that cannot be disputed.
But hey how about that 124 Billion OS in the disclosure
No, but hey their G&A cost for 2021 is over $32M and no cash flow. Adding in 2020 the total comes to $126M in total G&A costs for the past 2 years the good news is they have $5k in cash on hand.....lol
Sounds legit
It provided nothing to OTC Markets, the ticker is an SEC registered security that provides filings on EDGAR and was current in its filings.
Its current filing status does not change what has already happened, the suspension and loss of the Form 211.
The OTC Market tiers are meaningless, it is not a regulatory agency, the tier status doesn't change the fact there is no Form 211. The suspension for 10 days killed the old Form 211, without it the BD cannot provide quotation of the stock.
The other thing is the CE is still in place, once removed OTC Markets is likely to move to the greys and onto the Expert Market.
So nothing extraordinary has happened.
Yet another FALSE statement, there is no buyback program, they cannot legally buy shares out of the market as they do not meet both state and regulatory requirements to do so. As stated in the Annual disclosure, it expired back in April of 2019, with not a single share purchased and rightly so as it would have been illegal to do so.
Cheering on assisting the conning of other to buy this scam stock is a shitty way of living life. That is a FACT in the OTC.
No they have not, adding in words to make it seem as if they have financing is complete bullshit. The only thing this company does is make up non existent debt and sells that debt. They convert it into shares for the debt holders to sell... aka Lumb.
Sure, last year the AS was 40 Billion and the Float was 15 Billion, This year the AS is 210 Billion and the Float is 58 Billion.
That is a lot different, but what is the same is absolutely no business has occurred.
The math is wrong and unsupported, those are the FACTS.
Never mind the statement of HFs, BDs and or clients owning shares is also a false statement as the stock does not meet the regulatory requirements for ownership.
So you agree, dont listen to the morons running this company as they have clearly lied, they in fact did not issue PDIV shares and the OS remains unchanged.
Further the fact they raised the AS to 160 Billion on December 20th only to raise it again to 210 Billion on December 29th, shows they have full intentions of further issuances and conversions necessitating the additional 50 Billion shares added to the AS in 9 days.
But the company has already disclosed its intentions and has also lied, they disclosed the OS at 124 Billion as of December 27th:
Of course, as usual these "professionals" couldnt get the dates right in the Notes sections as the declared the additional 2 issuances occurred in October.. Ba ha ha ha ha ha ha ha
Said every time the AS has risen and yet the Float is 58 Billion shares with another 5 Billion in free trading unrestricted yet to hit the market.
No comment about the information provided in this disclosure? Interesting that they claim a 124 Billion OS and issuance on December 27th, but clearly no such issuance occurred as the company TA report was as of December 31st. Pretty obvious what has occurred, they lied and put out a hurried disclosure to ease the pain of yet another AS raise, but what is more amusing is if you read the notes and they couldn't get the dates of issuance correct either "October 23rd, 2021" MORONS running this scam..... Ba ha ha ha ha ha ha ha ha a 210 Billion shares AS....Hilarious..