Premier Development and Investment Inc (PDIV)

[moe_the_gyp01]

They express the value in terms of the shares of pdiv of which there are 248.6 million, thus assigning an Enterprise value attributable to their ownership of GNCP of 248.6 x .11, or 27.346 million. There are 39 billion shares of GNCP in issue as per their own disclosures. So, on a per share basis, 27.346 million enterprise value divided by the number of shares of GNCP or 39 billon is about .0007. GNCP has often stated that they have a target value for a complete buyout at or around .0005 so that value is well in range of reasonable albeit not supported by the balance sheet or the fact that GNCP has no revenue nor cash on the balance sheet for over 12 years and any assets they main lay claim to consist of nothing more than leases through a 3rd party of unpatented mining claims that may no longer be in their possession as they have ceased paying the meager 160.00 per year to maintain them.

Please also be aware that PDIV and GNCP are essentially related parties insofar as they share the exact same management.