GNCC Capital Inc (GNCP)

[Tgarfield2]

I remember when GNCP stated they had a partner that had rare earths and some thought they meant that GNCP had rare earths. That partnership went away. GNCP doesn't have a partnership with PDIV. PDIV was used by the preferreds to reverse split GNCP. PDIV owns GNCP, it doesn't partner with it. This was predicted in the fall of 2018.

If GNCP was paid a dividend, how much of that dividend would be paid to GNCP common shareholders? Keep in mind that when PDIV states they own 99.5% of GNCP that is because they are not counting the other GNCP preferreds. Those are equal to the amount PDIV owns. So PDIV would own 49.45%, the other preferreds 49.45% and GNCP common shareholders split the last 0.1% between the over 20 billion shares that PDIV doesn't own. Every million dollars paid gives a GNCP common shareholders 0.00000005/share. A million shares gets 0.05, or 5 cents.

GNCP is dead, like the sisters, soon to be forgotten. Financials due in 2 days.