GNCC Capital Inc (GNCP)

[Eli's Gone]

3.9B more shares held at the DTC---imagine that--what a coincidence

of course it's shorty---it's always shorty LOL


NOTE 271:-
The Stockholder converted an amount of 497,250 shares of Series “E” Convertible Preferred Stock to
3,900,000,000 shares of Common Stock at a price of $0.0001275 per share and on January 14, 2021. The Directors
of GNCC requested the identity of “Control Persons” of Corporate Shareholders of our shares of Common and
Preferred Stock. We are advised that the Beneficial Ownership of these shares of Common Stock held by this
Shareholder Company are ultimately held by a Family Trust. As at January 14, 2021, The Trustee, Mr. Stephen
Lumb exercises the power as the Trustee to deal with these shares of Common Stock as he deems fit. The
beneficiaries of this Trust do not have the authority to deal on behalf of this Shareholder Company nor of the
Trust. This is an overseas entity with no USA ownership. It is noted that Mr. Lumb has advised the Board of
GNCC that this Shareholder Company was intending to dispose of all of these shares of Common Stock in an
“off market” transaction due to their desire to divest themselves of all interests in the Microcap Sector.