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Thanks for making it easy to show how much this is a scam.
More like no, basically the morons got ahead of themselves and forgot the timing of reports. I mean these idiots can't add 3 numbers together on financial disclosure, never mind they couldn't properly provide an proper disclosure for the last quarter resulting in. Limited tier designation.
These are not brightest group of scammers.
No shit... They obviously lied in their disclosures as they issued nothing at all. Not even PDIV as claimed. But anyone thinking nearly a quarter of a trillion shares is not a scam....lol...ok
Are you stating proximity has any bearing on potential or that BLM will take that into consideration... Ba ha ha ha ha ha ha ha ha
Take this into consideration, this shell doesnt hold a direct lease to the properties, it has no DIRECT rights or claims. The 3rd party has the actual lease with the BLM, they have the rights, that is how shitty of a scam this is.
Yet nothing to do with GNCP, the disclosures spell it out, a 3rd party pays the annual $155 fee for each unpatented claim to the BLM. The contract provides no rights and has no guarantee if a qualified essay were performed and there were valuations worthwhile to explore and if they could find a company willing to mine it and if they got BLM permits and then went back to the BLM to apply for a patent and all worked out perfectly, it states clearly there are no guarantees for rights to the minerals.
That is how ridiculous this is drawn up, good luck getting a patent, the last one was granted back in 1994....lol.. Never mind all that other shit that has to take place and the many years for all of that to occur.
Its about as likely as if a meteorite were to hit another meteorite in the air at the same time from opposite directions.
Keep looking and expect disappointment, they have never delivered on a single thing in 13 years, a fact that cannot be denied.
Doesn't stop your tax loss, consult your CPA. Not all brokers offer such services.
You can still dump the stock for tax purposes, brokers will record a penny for the lot transaction.
There are 58 Billion shares in the market, plus at least another 5 Billion in unrestricted free trading shares yet to be sold as of the last TA report. With 63.5 Billion unrestricted shares the Ask is likely far more than, what is observed on L2 does not account for the minimum display size for block sales is only 10,000 shares, billions are behind that 10,000 size.
Yet now the company Transfer Agent provides all of the share structure in monthly updates, it is a verified source. So no more of that bullshit from 2018, the PR was full of shit from the start but it can no longer be claimed that any part of the share structure is unknown due to the OTC markets requiring Transfer Agents to provide updated VERIFIED share structure data.
Uhhh AMC and GME were shorted and one can easily go and see their short interest numbers as reported by FINRA. In both of those cases there was short interest and FTD's, but in GNCPs case there are zero of both.
There is no such thing as "air shares", without delivery of shares there is a failure to deliver, this causes a deficit of credits and shows up in the FTD report.
No different than your bank account, you pay for an item, you dont receive it, you are now out the item due to a Failure to Deliver. Not difficult to understand the concept, you paid for shares and no shares were delivered, results in an FTD.
Ba ha ha ha ha ha with 160 Billion shares available... and no reddit run.... not going to happen now. This has run its course.
Yes, correct, all such events are required to be within the most recent release, in this case the annual and we can clearly see there are none.
No such deals would be made requiring the company to be current unless it was tied to share conversions that need current reporting to use Rule 144 to remove the restricted legend from shares.
Show us where it is required by law to be current to release material events.. I will wait... In fact it is against the regulatory law to hold material event information from shareholders.
By regulatory law, 4 business days of the event such material information needs to be disclosed.
Yet PDIV went current this morning, so it is now more obvious it has nothing to do with OTC Markets and has been GNCP's problem starting 3 months ago. False statement.
How does being Pink Current increase share price? Show us where the dozen other times this ticker was Pink Current that the share price increased because of the tier change. Better yet PDIV was Pink Current his morning and yet zero volume, just shows how meaningless such a tier change is. The only people who benefit from Pink Current are those who need to sell unrestricted free trading shares under Rule 144, read the attorney letter which clearly defines that Rule 144 is being used to allow for sale of more shares into the market.
No, Federal Reserve oversees banking systems, in this specific case settlement systems, the same settlement system is used and yet absolutely no concern given to everyday transactions. But yet here in the scammy OTC markets, "air shares" and artificial settlement is a consistent myth pass on and on with no merit.
Yet the ridiculous claim a debit exists but doesnt exist is absolutely the definition of absurd. Either shares were delivered or they were not, pretty straight forward process. Doubt there is the same fear in your ever day banking or checking account settlement system, as it is the very same settlement system used in the markets under the Federal Reserve.
There is no such thing as "air shares", there isnt an FTD here, so zero potential for abusive naked shorting, absolutely none.
They convert debt, fictitious valued debt, that doesnt do jack shit for actual business. Valuing a BLM property at $10M is made up bullshit, as such mining claims must have a qualified essay report to determine potential valuations. Never mind the fact that "leased" BLM claims are not patented, have no qualified essay and are only valued at $155 in an annual government lease agreement.
Ron is full of shit and obviously a moron who cannot add two simple numbers together.
The company Transfer Agent already provides an audited share structure and its provided monthly on OTC Markets. Those are the FACTS.
What markers? What does it have to do with this scam of a share printing press? The facts are, they completely screwed away the last disclosures while blaming OTC Markets when clearly it was never OTC Markets. They issued yet more restricted shares to PDIV who is owned by the same people and the same debt holders...lol... PDIV doesnt hold 88 Billion shares as wrongly claimed and they only hold ISSUED shares as per disclosures. There wasnt any "big" news and the share structure has increased from 40 Billion to 160 Billion in no less than three AS raises this year alone, while the Float has exploded from 15 Billion to 58 Billion in the same period:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167210649
It easily predictable:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167275008
It will be the usual vacant PR announcing they provided their disclosures with the ever usual forward looking statements and dangling the rotten carrot further out.
Nothing to be excited about.
It wasn't OTC Markets obviously, as they provided siclosures for the annual. Pretty clear where the problem was for 3 months.
Nobody cheers at 160 Billion shares.
Total morons, can't add and can't seem to get the story straight...lol... but hey smart is selling shares in the billions to the unaware.
That statement is bullshit and certainly does not apply to an INSIDER, all holdings are required by law to be reported.
Ba ha ha ha ha 88 Billion.... lol
Yet again wrong, 50 Billion shares total, not some bullshit made up number of 88 Billion and as stated "Issued RESTRICTED"... to recap...not buying from the market and not 88 Billion
Well with 160 Billion shares now, won't be a problem.
Well yes if it requires another brokerage, but you can have trades if they can internalize an order at the same broker. Etrade for example has a lot of penny stock players, it is quite possible that there is a buyer and seller for this stock and Etrade is able to process that order.
However if you have 2 different brokers, as you said it requires a matched trade and the brokers have to use a process of external applications to find a buyer or seller.
Without Market Makers there is no liquidity and well as you can see, it is practically dead.
Its not an option because the tried a name change, ticker and RS and were denied by FINRA, so its not like they are actively setting a policy. It is simply a matter that they are denied such an action from FINRA, so they will dilute this thing into the ground for as long as they can.