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Absolutely zero, in fact this dried up turd of a share selling scam is about to finally drift away soon once Rule 144 is updated.
Well when there are 55.9 Billion newly minted unrestricted free trading shares, there is going to be a massive dump at some point.
Wow, so what does that have to do with GNCP that does not have a single share short in it? Read the article and the stocks mentioned all had short interest and FTDs, but none of which reached threshold or had persistent failures. GNCP has no short interest and no FTDs, so what exactly will this investigation benefit GNCP shareholders who are stuck in a 210 Billion share structure that for 14 years has had no business, no revenues and no cash?
Lol.... Ahh why it is so easy in the OTC to scam people:
Wow..no shit.. 58 Billion is 33.125% of 174 Billion, just as the validated TA report states on OTC Markets... freaking magic....lol
Hey, how is that OS looking? Lol......
Pretty clear what management said:
It is a buzzword and it was before current Reg SHO rules were put in place, so it is nonsense and garbage.
Its fictitious bullshit, not a single share short in GNCP.
Ron's already done a CUSIP change, in fact they tried the whole Name, CUSIP and RS, went to the point of changing domicile, only for FINRA to reject their RS request....lol
So not sure what you think is going to happen with a CUSIP, dividend distribution or any of that bullshit. For one they have no legal means to issue a dividend and two there are no shorts in this stock and the Transfer Agent provides VALIDATED DTC/Float numbers on a monthly basis.
I know it ruins the short squeeze bullshit stories.
So do you have anything to say on topic or are just going to ignore the last part yet again? They have a fiduciary duty to the shareholders to create shareholder value and they clearly have not in 14 years of the existence of this share selling shell scam.
Meanwhile the AS is 210 Billion, the debt holders have converted aged debt and sold it into the market to the tune of nearly 58 Billion shares at this point. There is zero cash, zero revenues and they cannot perform simple addition in their own financial reports.
How does that apply? That is not the same thing, there are people who bought the stock and are now stuck because of consistent mismanagement, their choice is to either take a massive loos or hold and complain to current management who has a FUDICIARY duty to them and their complaints.
How about them apples.
WOW... NONE OF THE WAS SAID IN THE PR...WOW
Yet the OS has exploded...lol...Dilution is Dilution regardless of the piss poor explanations provided.
The DTC number is the public Float, meanwhile the company authorized the removal of the restricted legend on another 50 Billion shares to dump into the market at anytime. I noticed they dont talk about the recently minted free trading shares in their PRs....lol.. dance around it.
So yet again... next week....lol.. meanwhile their explanations are complete garbage and nonsense. I recommend if they dont like the comments that they dont be a public company.
Yes, remember how explosive it was going to be the day it went Pink Current, touted to the tops and in the end....the PPS has gone nowhere and the volume has dried up. Here it is 30+ days since it went current and not a single announcement has been made of the final, like really this time it is for real for real, really for real this time around major announcements....lol
Worse yet ask them to explain why so much faith is placed into their electronic bank accounting systems and or whatever cash app that they use but none in the electronic settlement system of CNS, as if the Federal Reserve operates differently when it comes to stocks.....lol
The proof is on you, you stated they are working for the company so it requires you to provide the proof. One cannot prove a negative, if something doesnt exist one doesnt have to prove it doesnt exist, it requires others to prove it does exists. The very basis of logical thought.
The other issue as stated, working for the company, that is not legal as there is no legal means for them to work for the company on the Bid. I would recommend reading up and understanding Rule 10b-18. Also read up on Wyoming Law, a company cannot purchase stock if it is insolvent, no different than why it also cannot issue a dividend.
Based on these 2 things alone, it is not possible for an MM to work for the company on the Bid as incorrectly stated.
There are no "MMs" working for the company, second L2 is far from accurate and is merely a tool as it has little to no fidelity in price or depth, although there is no problem in price on this stock as there only 2 options....lol
Explain "so much money to become pink current", how much do you think they "spend" to become Pink Current? The difference between No Information or Limited Information to Pink Current is ZERO. They dont have audited filings, they provide unaudited disclosures. The disclosures are the same repeated garbage with a change in numbers that often were added up incorrectly. That is how much effort is expended into the disclosures here....lol
Oh their transparency is certainly "grand" but the hyperbole in ignoring what is disclosed is beyond pale.
Yep, July 20th:
Right, swindle a new batch in front of the old bagholders who now get to watch those dumb enough to buy the offering, which is not registered by the way and they find out the hard way.
If anyone was thinking that the old stock was coming back, hate to break it to you, this new offering has nothing to do with the old stock.
You do realize it ran off of ignorance on meme stock bullshit and had nothing to do with this company.
Also the stock only had 15 Billion in the float, now it has 58 Billion shares in the market, completely irrelevant comparison.
All said through the entire year of 2021 PR's....lol.. Nothing new and ZERO action... Ba ha ha ha ha ha ha
But hey the AS is now 210 Billion, the OS is 85 Billion, the Float is 58 Billion.. memories of 2021 when the AS was at 40 Billion, the OS at 39 Billion and the Float at 15 Billion are far gone.... Ba ha ha ha ha ha
Pffft, more like Lumb needs more time to craft the PR to address message board discussions and delay the obvious selloff that is going to occur when yet again nothing of verifiable material value is put out yet again. Hoping to wait it out to the late afternoon only providing 2 hours of trading time to minimize the damage....lol
The company has raised the AS to 210 Billion, sounds like there isnt a share problem other than the consistent printing that has occurred over the last year to raise the Float from 15 billion to 58 Billion.
Its right in their disclosures, they have no money to pay, so they issue shares to incur debt to "pay" for such loans.
Are you expecting to get to vote if there is a majority shareholder vote? I hate to break it to you, retail isnt the majority holders they are talking about, its Lumb, Bauman, Santini, you know the usual crew who hold all of the preferred that convert to common and have voting rights. Also, they can vote all they want for dividend, but FINRA isnt going to allow it and never mind it would be illegal due to their State regulatory laws.
Its just as bad as their stupid share buyback, they voted it, but not a single share was purchased, they even extended it and still not a single share was purchased. It wasnt legal for them to do so and they couldnt meet the regulatory requirements to do so.
Wow, back in 2005-2007, really awesome, anything post Reg SHO (2010) that is actually based on current Continuous Net Settlement (CNS) and standard Riskless Principal transactions, you know like actual current regulatory based opinion?
That link and that person is complete garbage and whack job. This stock has no short interest, no naked shorting therefore no abusive naked shorts sales, because there are NO FTDs, without FTD there is no possibility of a single share in a naked short position. A FACT!
Well look at January last year and you will see the repeat of the same crap that is already being stated now, in fact go to Jan 2020 and its still the same crap and nothing changes.
Wrong, naked shorting is not illegal, the SEC spells this out clearly and by definition they are recorded, its called Fails To Deliver:
They already tried the ole name change, CUSIP and ticker change. In fact name change was filed to Wyoming and approved, had a new CUSIP paid for, but forgot to get approval from FINRA first. Had to unwind it all, but one thing for certain, none of that caused a share increase as there were no shorts, in fact there are none now. Thats a fact that cannot be argued against.
Look at what? Explain what this has to do with GNCP, a security with zero short interest?
Obviously that is not what that was about, the point was short data on the daily basis as opposed to delayed 30 days to prevent exposure is not difficult to understand.
None of which has to do with this ticker, this has no short interest, Gamestop had 100-140% of its Float shorted for a full year leading up to the squeeze event. This ticker has zero short interest and zero FTDs, so I am not sure why bringing up an article about short interest reporting periods is going to change a damn thing about this dumpathon scam stock with a 210 Billion AS, no revenues and no business.
The limit is 2 years, its called wind up, they have 2 years to complete any further business transactions, after that, it is legally done.
True but doesnt stop scams, plenty of examples including verifiable active businesses, a great example is Saleen, public company reputable firms, complete scam, suspended and revoked.
The SEC doesn't approve filings and FINRA has nothing to do with filings. The only form approved by the SEC is the initial registration. So yes a company can straight lie throughout their filing and it requires actual due diligence to verify and or validate the claims made within. One places faith in that the auditing firm is not being creative and the law firm/attorney isn't in to the pay for legal opinion game. The OTC is littered with such attornies and less than level auditing firms.
Apparently it doesnt as we can see nothing has happened and well the FACTS speak for themselves. It has resulted in absolutely nothing and certainly nothing material as it was built up to be.. I mean all of these final and non retractable decisions...... ba ha ha ha ha ha ha ha