GNCC Capital Inc (GNCP)

[TheFutureForsure]

GNCP - I Guess No-one Read THE CHAIRMAN’S LETTER!!!!!!!!!!!!!!!!!!

ALL The GREAT CBD DEALS CAN NOW START ROLLING IN LMAO!!!!!!!!!!

http://www.otcmarkets.com/financialReportViewer?id=220830

CHAIRMAN’S LETTER

It is with pleasure that we complete

{{{ the last our historical Financial Reports }}}}

ALL PAST AND NOW ONTO THE FUTURE

after having now brought GNCC Capital, Inc. (hereinafter referred to as either “GNCC” or “the Company) current in its financial reporting.

{{{{ Needless to say these Financial Reports are historical and deal solely with Mining Exploration. }}}}

OLD BUT NEEDED TO MOVE FORWARD

{{{{ Our Financial Reports going forward will be markedly different insofar as we have now transitioned from Mining Exploration to that of businesses in the Cannabis Sector. }}}}

BOOOOOOOOOOOOOOOOOOOOOOOM

{{{{ The Company’s Directors have reasonable expectations that a number of other transactions in the Cannabis / Hemp Sectors will be concluded. }}}}

{{{{ Going forward, we will cease to be an “Exploration Stage” Company as acquisitions and other transactions will provide Revenues and therefore require far more detailed explanations in the Notes to our Financial Statements. }}}}

BOOOOOOOOOOOOOOOOOOOOOOOM

{{{ In this Letter, I am going to address what we regard as material issues and hopefully provide our shareholders with a clear and accurate picture of various financial transactions, particularly certain Balance Sheet entries. }}}

100% TRANSPARENCY AS PROMISED

{{{ I will also be addressing the various shares Classes of Convertible Preferred Stock in issue as well as the Accrued Dividends, which are accounted for as Long Term Liabilities on the Company’s Balance Sheet. }}}


{{{ The Companies interests in its Mining Exploration Properties are held through three wholly owned Subsidiary companies of GNCC; namely: White Hills Gold Exploration, Inc., Walker Lane Exploration, Inc. and Mohave Consolidated Exploration, Inc. }}}

ALL 3 ARE GNCP OWNED SUBSIDIARIES

{{{These companies are solely responsible for all contractual Work Expenditure commitments and the payment of BLM Fees. GNCC is not directly liable for these costs. }}}

{{{ As shareholders are aware, the Directors are contemplating various scenarios in respect of the Mining Exploration Property interests; only if it best serves our shareholders’ interests. }}}

WITH A GOLD STANDARD COMING BACK
THESE MINING PROPERTIES CAN BE WORTH MUCH MUCH MUCH MORE $$$$$

{{{ Any such transaction would involve the disposal of these three subsidiary companies, }}}

DISPOSAL OF ALL 3 SUBSIDIARIES

{{{ the cancellation of all secured shares of Convertible Preferred Stock }}}

CANCELLATION OF PREFERRED STOCK

{{{ and the elimination of all Accrued Dividends Payable on those secured shares of Convertible Preferred Stock. }}}

ELIMINATION OF ALL ACCRUED DIVIDENDS PAYABLE. ADIOS!!!!!!!!!!!

{{{ The Preferred Stock referenced are the Series “A” and Series “C”. }}}

GNCP’S FUTURE LOOKS PRETTY BRIGHT

LOOK FOR MANY CBD DEALS TO BE ANNOUNCED AT ANY MOMENT NOW AND TOMORROW WE WILL OFFICIALLY BE 100% A CURRENT OTC FILER!!!!!!!!!!!!

GNCP $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$