Replies to post #139875 on GNCC Capital Inc (GNCP)

[bigballer_sa4]

last conversion was 8/2018. So basically the disclosure matches what was already known.

[diamondguru-one]

YUP...read that 7 year old filing.........aahahaha

Furthermore they will ensure that all of the issued secured shares of Convertible Preferred Stock (in respect of "Mining Exploration Interests") are cancelled*.

It is recorded that the current GNCC Directors have for a considerable period of time, been considering a wide array of options in order to "extract value" and this being solely in respect of the GNCC "Mining Exploration Interests".

The Company is not ruling out a cash sale of the "Mining Exploration Assets" and a Distribution of the proceeds to shareholders of Record.

*BioCann are not willing to permit these extensive and substantial secured shares of Convertible Preferred Stock to remain outstanding and issued; this is in order to avoid themselves being diluted through any conversions into shares of Common Stock.

BIOCANN DEAL IS SIGNED AND COMPLETED !!!!!!!!!!!!

NO TOXIC NOTES !!!!!!!!!! NO Convertible Preferred Stock

FACTS ONLY !!!!!!!