GNCC Capital Inc (GNCP)

[BigBake1]

Sounds like? It has no money and never has, it has sold debt in the form of convertible shares that when converted are at steep discount to market price. There is no actual business plan, a 3rd party leases unpatented US Bureau of Land Management properties at $155 annually per claim and this "company" supposedly pays those fees back to those 3rd parties (Lumb shell companies in WY) to have a potential claim if said property is ever explored and applied for patent.

To make a point, the last patented claim granted by the US Government was back in 1994.

This is by far the worst constructed scam out there, but it does it so transparently that anyone claiming that they were not aware is really purposely ignoring the documents presented and also the ever exploding share structure. This wasnt the first shell they did this, this is the 3rd or 4th iteration and PDIV will be the next, thus why the same people control it and with the same Noteholders all over again.