GNCC Capital Inc (GNCP)

[WrenchHead]

I think in the long run if Ted is legit this can turn around. But that is if GNCP starts making revenue through JVs etc. DEW* just paid off all of it's toxic financing and is now on a run. But before the MJ news they already had a real product. GNCP doesn't have that. They need to get a JV with a good company to see the PPS go up. They obviously are not going to mine anything themselves as that isn't what they do.

I was really really hoping to see Ted or Lowenthal's name on the mandatory meeting in January for future MMJ companies in Delaware. I know it seems like a joke for them to enter MMJ but what else do they have at this point.

Someone stated they have played this stock for the past two years. That was all fine and dandy when the float was below 1 billion up until last Nov/Dec. Now the float is being reported as 3.2 billion and is likely double that or soon reaching it. The higher the float/outstanding shares the less volatile this stock is and the more news it takes to move it. We have to eat up a TON of shares to get back to .001+. I don't see that happening without a major catalyst. And the buyback isn't it. The buyback is a joke at best. By the very nature it was worded it is a huge red flag. There are more than 5 red flags here and that is my limit to bounce. I am just hoping for a small uptick to break even. I have just about made my losses from here back in other stocks. So the shares I have here will essentially be free. Just my logical perspective on it.