GNCC Capital Inc (GNCP)

[bizops12]

I am not sure we can accurately establish true book value. I would assume that the loans and different preferred stock options and types which GNCP is using for acquisitions is based on some kind of valuation of the company. I doubt they could close these deals if the investors thought book value was a negative 20 million. These types of investors want security. They must see something or they would find a better investment.

The real question for us small potatoes investors is what do we believe. Is company management legitimately trying to build a profitable company or are they simply scammers taking advantage of penny-land. You believe they are scammers (from your postings - which begs the question "why are you here?"). I am willing to risk a small amount on the hopes that management is the real deal and there is real value in the company assets and business. If I am wrong I have not risked any food money so I am ok. Hopefully no one else does either :) Best of luck to all!