GNCC Capital Inc (GNCP)

[layton]

https://www.otcmarkets.com/otcapi/company/financial-report/315431/content

"Premier Futures, Inc. (“Futures”), a wholly owned subsidiary company has borrowed a cash amount totaling
$2,250,000 as at June 30, 2021. These funds are solely for the use of trading in derivative instruments. This loan
is secured over the Futures trading and bank accounts and bears interest at the rate of 9% per annum. The Lender
is a foreign Company; controlled by a foreign Trust. Mr. Bassa Aspinall in his capacity as a Trustee of that Trust
has the authority to vote and or deal with this Loan in any manner that he deems fit; subject to the Deed of Trust.
Upon Mr. Redwald Aspinall’s 25th birthday, he replaces Mr. Bassa Aspinall; that being in some 3 years."


Page 29: Unrecognized Losses on Futures Trading (2,033,422)[/b]

Yikes. Down almost 2M on futures trading, from the 2.25M loan?

Tic Tox??