Saturday, December 28, 2019 11:44:58 AM
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.
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