GNCC Capital Inc (GNCP)

[moe_the_gyp01]

I never had any doubt that ALB wasn't the "powerful partner". I never had any doubt that this would be yet another Bauman/Lumb construct with related party blow-through ties with no economic substance. I never had any doubt that once the "game changer" release was published that the trading range wouldn't budge and wit. And that "Fundco" would be Lumb in some way shape or form and even posted as such on numerous occasions.

What I did underestimate was the volume and VWAP capitulation that has ensued in the wake of the news that was some 9 month delayed. That one partner was a shell, and another was a delinquent filer and yet the other, Bauman the director. Even I held out a little hope that at least one would have dime of revenue for your sake and nothing else.


Some might say "cellar boxing" is the reason or some "fake wall" is why volume sucks. To that I say BULLSHIT!