ASPA Gold Corp. (fka RENS)

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RENS - The RENS financial information must be consolidated on GNCP's financial statements:

Financial Statement Consolidation Rules

A consolidated financial statement takes the financial statement of a parent company and its subsidiaries and combines them into one comprehensive financial statement. When one company owns part or all of another company, it must account for this ownership interest in the other company. There are three ways to account for the ownership interest: cost, equity and acquisition methods. The type of method depends on how much of the second company the first company owns.

If a company owns between 0 and 20 percent of another company's stock, then the company uses the cost method for the investment. If a company owns between 20 percent and 50 percent of another company's stock, the company uses the equity method. These two methods do not lead to consolidating the financial statements. Once the company owns 50 percent of another company, then the company uses the acquisition method and must consolidate the financial statements.