GNCC Capital Inc (GNCP)

[Sleepy2016]

"All shares of Common Stock repurchased in the market by the Company will be cancelled ""

Exactly. Lumb-speak translation: "If we were to buy stock in the open market they would be cancelled. But as we mentioned in the PR we won't be buying any in the open market".

The "clarification" made it even more confusing on purpose. That's why there hasn't been a clearly written clarification of the clarification. Lumb knows full well what he's doing.