TheKingPennyStock

[Penny Roger$]

$GNCP ~ Management determines the appropriate classification of its investments in equity securities at the time of purchase and reevaluates such determinations at each reporting date. Investments in incorporated entities in which the Company’s ownership is greater than 20% and less than 50%, or which the Company does not control through majority ownership or means other than voting rights, are accounted for by the equity method and are included in long-term assets. The Company accounts for its marketable security investments as available for sale securities in accordance with ASC guidance on accounting for certain investments in debt and equity securities. The Company periodically evaluates whether declines in fair values of its investments below the Company’s carrying value are other-than-temporary in accordance with ASC guidance.

$GNCP Website: http://www.gncc-capital.com
$GNCP News: http://finance.yahoo.com/q/h?s=GNCP+Headlines
$GNCP Live Chart: http://stockcharts.com/c-sc/sc?s=GNCP&p=W&b=7&g=0&i=p35010612797&r=1375226462027
$GNCP Company Profile Page: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90492742