GNCC Capital Inc (GNCP)

[moe_the_gyp01]

For shareholders of GNCP, this tweet could potentially be interpreted as bad news. The tweet suggests that Premier Development & Investment, Inc. (PDIV) is in advanced negotiations to dispose of its entire interest in GNCC Capital, Inc. (GNCP), which includes both common stock and loans. This indicates that PDIV might be looking to divest its holdings in GNCP, which could lead to changes in the ownership structure and potentially impact GNCP's existence.

The fact that PDIV plans to issue a detailed statement to clarify its rationale could imply that there might be significant reasons behind this decision. It's important to pay attention to the upcoming statement from PDIV to better understand their perspective and the potential implications for GNCP shareholders. Since GNCP is delinquent on several filings required to remain current which were never delivered, thus relegating GNCP to the Expert Market, it seems reasonable to conclude that this is the final nail in the coffin, ending the existence of GNCP as an investment or any other operation since it sparsely existed at all, having never generated revenue or ever pursued a viable business. It is also not unreasonable to conclude that the so-called disposition could also and likely mean that they will write off this investment as an "asset impairment," the way they have done with so many entities in the past.