Replies to post #86338 on GNCC Capital Inc (GNCP)

[TenKay]

"that just means what has been wagered "

It is even farther removed as there is no "wagering" as there is no gambling. Gambling is illegal for Gold Coast Gaming establishments. But their own "projections" in the future infer that "revenue" is about 1/3 of "gross gaming". But what "gross gaming" is in a non-wagering environment is anyone's guess.

[Sleepy2016]

This buyback however does.

The market buyback was cancelled earlier in the week. The new "buyback" will be done in private transactions with insiders who hold freshly-printed paper and will have no effect on the retail price.

Stephen Lumb has run this same scam in several other of his worthless shells.

[Militia Man]

They give us actual revenues data and projections. I was being way conservative by using the A/S which suggests a conservative $.00085. If we use the O/S double it. They use a ratio of about 35.5% 1.6 mil / 4.5 mil.

They are cancelling about 5.8 billion shares and getting them in certificate form. They have $750k to buy back stock. If we go with what some here suggest that there is unlimited shares then we could see in theory them buying 7.5 billion more to retire and or cancel per the PRs. That said we can basically double it.. Then the question is does shorty have his hand in the till? A wonderful wild card just got played.. The CUSIP CHANGE CARD... :-)

http://ih.advfn.com/p.php?pid=nmona&article=64490702

GNCC Capital, Inc. Final Update on Re-Domiciling in Order to Implement a Stock Repurchase Program and to Change CUSIP Number