Sunday, November 17, 2013 12:00:04 PM
Make no mistake about it, normally when a stock increases their Authorized Shares (AS) from 2 Billion to 10 Billion, it is usually a sign to simply sell and move on as dilution is usually the norm, but here with GNCP, you are probably wondering why the price has gone up since that increase from .0003 to .0014 per share with much existing strength looking like it should carry on into the pennies.
I am going to explain the answer to your original question within this post, but I will do one step further in this upcoming post that I am working now to release later today or early tomorrow that will show why we have a bottom here for GNCP in the pennies. This means that until we reach such, we are significantly undervalued. This is one of a few reasons why the price has gone up because I believe that investors are learning of this and are starting to understand the management’s strategy and intent to mature GNCP. This is important because it ties into your answer and with everything else that’s going on here with GNCP.
IMPORTANT TO NOTE: You see, you can have the best kept secret in the world as a company, but if you as a company don’t properly communicate with the public/shareholders, then that’s just what you will have… the world’s best kept secret. Then too, that’s just how your stock will react by remaining the best kept secret in the world and the price would either remain stagnant or go down.
This is what GNCP realized when they released their last PR a few days back. I haven’t forgotten about answering your question, but I think it is important to understand the key points within this PR because it does all tie together. See below the PR and the Key Points from their last PR:
This is a very serious PR because it leads more towards confirming much of what some of us have been speculating all along to be fact for justification of the AS increase. Now it’s important to understand that before moving forward, it was important for the management of GNCP to wipe away all debt to position the company for maximized growth. This is why they had to eliminate the $4 Million worth of Debt as GNCP had explained in the PR below as the ”sole” reason why the increase of their AS to 10B:
Now important to note is what is stated within the filing of that debt payment under section B. Optional Redemption:
This clears the way for…
Now read in greater detail what was released within the PR above concerning the increase of their AS which ties into the last PR released by GNCP:
v/r
Sterling
Sterling's Trading & Investing Strategies:
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