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Thursday, December 11, 2014 10:06:26 AM
GNCC Capital, Inc. (“GNCC or the Company”) updates on trading in its wholly owned subsidiary,
Gold Coast Gaming Corp. (“Gold Coast”). Gold Coast presently owns and operates two Adult
Gaming Arcades in South Florida trading as “Play It Again” and “Boardwalk Brothers”.
The Company issued a press release (See Page 4 of this Filing) on November 4, 2014, providing
Gross Gaming guidance and forecasts in respect of Gold Coast.
The salient points:-
Gold Coast Gaming Corp (“Gold Coast”) subsidiary Gross Gaming (Actual):
August, 2014: Actual Gross Gaming - $664,510
September, 2014: Actual Gross Gaming - $830,203
October, 2014: Actual Gross Gaming - $1,027,255
November, 2014: Actual Gross Gaming: $1,058,997
Forward Guidance for this First Quarter ending December 31, 2014 in respect of Gold Coast:
October, 2014: Actual Gross Gaming - $1,027,255
November, 2014: Actual Gross Gaming: $1,058,997
December, 2014: Projected Gross Gaming: $1,085,000*
*Excludes the anticipated acquisitions of two additional operating Arcades in this First Quarter
ending December 31, 2014.
Gold Coast Actual Gross Gaming for November of 2014:-
Gold Coast generated actual Gross Gaming in November, 2014 of $1,058,997 versus the published
forecast of $1,078,000. Gold Coast missed on its forecasted Gross Gaming in this month by 1.6%.
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=130222
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