GNCC Capital Inc (GNCP)

[BigBake1]

Yet taken completely out of context, physical certificates cannot be deposited at any broker for OTC securities, if a shareholder pulls their shares in physical certificate form that certificate cannot be deposited again at a later time. So the company reduces the float numbers based on what is deposited at the DTCC. Therefore when someone pulled 3 billion shares out in a physical certificate back a couple of years ago, the Float should not have changed, but instead GNCP reduced the float based on the fact the shares could not be deposited.

So its a bullshit statement, its not that they don't know the float, they dont know the float based on the theory that the shares may not be allowed to be deposited again if brokers ever allowed deposited of OTC securities with a physical certificate.