Replies to post #135521 on GNCC Capital Inc (GNCP)

[TheFutureForsure]

GNCP - Owners of a Company’s Stock of more than 10% Absolutely are treated differently!!!!!!!!!!

They Must File under Rule 144

Affiliates Are Those Who Beneficially Own Greater Than 10%

Rule 144 considers Shareholders who “beneficially own” greater than 10% of an Issuer’s outstanding stock, of any class, to be an Affiliate, or Control Person, which subjects them to volume trading limitations.

Being an Affiliate means that the Shareholder must file Form 144 every time he or she sells securities, and worse still, that the Affiliate may not sell more than 1% of the Issuer’s issued and outstanding shares during any three month period.

GO TEAM GNCP $$$$$$$$$$$$$$$$$$$$$$

[diamondguru-one]

you didnt get a call ???hmmm

[Tgarfield2]

10 months ago half the common shares went to preferred shares. Probably insiders who knew something. The rest of common was not offered the preferreds with interest. Nor did they care. You half to wonder what advantage the preferreds were getting besides the required interest.