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Re: Jackrabbitslim post# 153735

Wednesday, 10/16/2019 7:26:13 PM

Wednesday, October 16, 2019 7:26:13 PM

Post# of 223210
Your question is unclear. But GNCP can't do an IPO because it already has shares. GNCP can't raise money by issuing equity if you have read the filings.

GNCP has nearly a trillion shares fully diluted and nearly zero assets. They would have to issue a trillion shares if they were going to double the assets with cash. How much cash is nearly zero doubled?

You can not say that GNCP trades at 0.0001 when it is at no bid. If GNCP had a 100 to 1 reverse do you think it would hold 0.01? IF not then that price can not be used to estimate the worth.