GNCC Capital Inc (GNCP)

[tommyedwards]

GNCP...But WAIT...There's also potentially more tech on the way which would lead to further licensing and/or joint ventures!

As announced previously, post our becoming PINK CURRENT on the OTC Markets, we are expecting to complete our due diligence as early as tomorrow on a Licensing Agreement on "cutting edge technology" as is required in the Cannabis Sector and it will only conduct business in Canada. We confirm that we are already at the draft agreement stage and it is highly likely that we will consummate and then announce this transaction. At this time, we do not expect any further delays. We are extremely comfortable with our counterparts and yes, they are a USA publicly quoted Technology Company.

Following this transaction we will be commencing due diligence on a technology transaction which was developed and designed to provide a unique service to the Cannabis Industry and to other Sectors. We will provide further details in due course as permitted based upon Non-Disclosure Agreements.

Should both of these transactions be successfully concluded, it will lead to further licensing transactions and /or Joint Ventures which will add value and additional revenue streams. These additional transactions are what we would describe as natural "bolt on" and synergistic transactions.