Replies to post #155572 on GNCC Capital Inc (GNCP)

[againstallodds]

Send email about questions already emailed?

Are you kidding me ?

Small reminder about Q&A commitment:

[Tgarfield2]

We failed to recognize the importance of our meeting “hoped for” target dates and as a result it has damaged the credibility of ourselves and the Company. All we can do going forward is to ensure that this does nor re-occur. Light trading volumes and a lack of knowledge of Internet postings created a false belief in our minds that the interest in the Company’s plans were not widely followed. We now are acutely aware that is not the case. Our engagement with and our communications to shareholders clearly have been unsatisfactory and this will change immediately. We are however now aware of the enormous level of frustration amongst our shareholders.

We are now also aware that ourselves and indeed, the Company, is being labelled as “short on delivery and making vague promises”, that we are simply “kicking the can down the road in respect of deal consummation”, that we are “dumping shares of Common Stock into the market”, that we are “running a scam”, that we are “planning a Reverse Spilt of our shares of Common Stock” and that we “consistently fail to meet deadlines”. This is distressing to us obviously but we have to deal with these accusations as conveyed to us by our shareholders.

Obviously certain of these accusations made us realize that far more information needs to be imparted to our shareholders. This we are doing today and without breaching Confidentiality but it is imperative that our shareholders know that we recognize the problems. We are not going to comment on unadulterated nonsense about “running a scam” or our supposedly planning a Reverse Split”. Insofar as our “dumping shares into the market”, your Directors have never directly or indirectly sold a single share of the Company’s stock nor pocketed a dime for our efforts. Your Directors hold long term and untouched unsecured shares of Preferred Stock. Furthermore we do not follow nor do we look at the daily activity in the trading of the Company’s shares of Common Stock, we review the weekly trading activity reports provided to ourselves. To hold us responsible for any market action is unfair and unfounded. Given the extremely light volumes in the trading of Company’s shares of Common Stock; this is definitely a moot point.