Acquired two Insolvent Adult Gaming businesses that are being currently investigated for illegal activity
"CASH FLOW POSITIVE HERE"!!!! Investigated ?? NOPE !!!
GNCC CAPITAL, INC. MANAGEMENT DISCUSSION & ANALYSIS FILING UPDATE ON THE COMPANY’S GOLD COAST GAMING CORP. TRADING JANUARY 7, 2015
www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=131421
1 | Page TRADING UPDATE ON GOLD COAST GAMING CORP.
GNCC Capital, Inc. (“GNCC or the Company”) updates on trading in its wholly owned subsidiary,
Gold Coast Gaming Corp. (“Gold Coast”). Gold Coast presently owns and operates two Adult
Gaming Arcades in South Florida trading as “Play It Again” and “Boardwalk Brothers”.
The salient points:-
Gold Coast Gaming Corp (“Gold Coast”) subsidiary Gross Gaming (Actual):
August, 2014: Actual Gross Gaming - $664,510
September, 2014: Actual Gross Gaming - $830,203
October, 2014: Actual Gross Gaming - $1,027,255
November, 2014: Actual Gross Gaming - $1,058,997
December, 2014: Actual Gross Gaming - $1,090,530
Published Forward Guidance for this First Quarter ending December 31, 2014 in respect of Gold
Coast:
October, 2014: Actual Gross Gaming - $1,027,255
November, 2014: Actual Gross Gaming: $1,058,997
December, 2014: Projected Gross Gaming: $1,085,000
Gold Coast Actual Gross Gaming for November of 2014:-
Gold Coast generated actual Gross Gaming in November, 2014 of $1,058,997 versus the published
forecast of $1,078,000. Gold Coast missed on its forecasted Gross Gaming in this month by 1.6%.
Gold Coast Actual Gross Gaming for December of 2014:-
Gold Coast generated actual Gross Gaming in December, 2014 of $1,090,530 versus the published
forecast of $1,085,000. Gold Coast beat on its forecasted Gross Gaming in this month.