GNCC Capital Inc (GNCP)

[Darth Trader]

C'mon with the launch pad. How far can it launch with an AS of 10 Bn and an OS of 9.9 Bn? And with a debt load of $19 mn AND admitting they have to borrow to do they share buy back. This thing fizzled out on the launch pad guy and it ain't taking off. You can blame the MMs all you want, there's nothing here to indicate it's going anywhere. Think about it. The only way they pay the (fictitious) debt is by producing more shares to sell off. The only thing the shareholders own is the (fictitious) debt.