GNCC Capital Inc (GNCP)

[Tgarfield2]

GNCP was taken over by PDIV. The preferreds all moved there. They have always controlled GNCP since they own 99% of it and will now control it from PDIV. GNCP has gone dark and will probably not post financials any more. Financials can be consolidated into PDIV instead. PDIV will get current since it is hard for insiders and affiliates to sell shares without it. GNCP is too bloated to sell anymore shares so current here is unlikely. It is the reason they stopped adding dividends for preferreds. No point. It's all like a reverse split, without the reverse split, because it was denied.