Replies to post #152421 on GNCC Capital Inc (GNCP)

[Tgarfield2]

They can't pay the dividends. There will be no buyback. Just like always.

[BigBake1]

Interest. Difference between the Float and OS is just over a Billion shares...lol.. nobody cares 8f they cancelled a billion shares... but we all know that they will just issue more as they did last year 5 billion just appeared in less than a month after the last supposed cancellation.... ba ha ha ha ha ha ha ha ha

[againstallodds]

Where does 75% comes from? Pure invention?

[Tgarfield2]

You were off by 33.9 to 34.9 billion shares.

The OUTSTANDING SHARE STRUCTURE is About To Take a MASSIVE HAIR CUT!!!!!

Between the Preferred’s Surrendering 75% ( I THINK MORE ) of their Holdings and the $10 Million in Contracts that will Most Likely Go To a New BuyBack Program Will Bring The O/S Down from 17 Billion to IMO 1-2 BILLION!!!!!!!

GNCC Capital, Inc. - Completion Of Company Restructuring
PR Newswire
LAS VEGAS, Oct. 3, 2019