Replies to post #105326 on GNCC Capital Inc (GNCP)

[BigBake1]

GNCP - None of the shares have been sold by insiders.

Complete BULLSHIT, their own documents and market data state otherwise, they clearly tell shareholders they converted their debt to free trading shares. This is at NO BID X .0001 because they dumped billions of shares in the market and they disclose that FACT.

Show a document that supports the complete bullshit theory of not being SOLD..... There isnt one.

[TenKay]

"According to the filings, no shares have been sold into the market by insiders."

First, this is a non-filing pink. Insiders don't have to disclose squat.

Second, what we are really talking about are note holders. And they clearly have sold the conversions into the market. Even the company acknowledges it. Note the following from an April, 2014 filing. The underline is the company's highlighting.

"Based upon number of shares traded in this period in the amount of 22,824,139,714 and working on the assumption that the additional amount of 6,092,000,000 shares of Common Stock deposited were all disposed of by the Note Holders"

Suggesting that the conversions have not been sold into the market is ridiculous.

And rest assured...the moment there is liquidity in this thing after the RS...more dilution into the market is coming. Will be interesting to see how long it takes for this the break below a penny. I don't think it will be long.